ABAT vs. BKLC
ABAT (American Battery Technology Company Common Stock) is a stock, while BKLC (BNY Mellon US Large Cap Core Equity ETF) is Large Cap Growth Equities fund tracking the Morningstar US Large Cap Index. Over the past year, ABAT returned 144.59% vs 28.05% for BKLC. At a 0.30 correlation, their price movements are largely independent.
Performance
ABAT vs. BKLC - Performance Comparison
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Returns By Period
In the year-to-date period, ABAT achieves a 8.38% return, which is significantly lower than BKLC's 10.93% return.
ABAT
- 1D
- -8.12%
- 1M
- 12.42%
- YTD
- 8.38%
- 6M
- -3.47%
- 1Y
- 144.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKLC
- 1D
- -0.74%
- 1M
- 5.19%
- YTD
- 10.93%
- 6M
- 10.81%
- 1Y
- 28.05%
- 3Y*
- 23.25%
- 5Y*
- 14.33%
- 10Y*
- —
ABAT vs. BKLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ABAT American Battery Technology Company Common Stock | 8.38% | 35.77% | -47.55% | -57.94% |
BKLC BNY Mellon US Large Cap Core Equity ETF | 10.93% | 18.06% | 25.56% | 11.47% |
Correlation
The correlation between ABAT and BKLC is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023 | 0.30 |
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Return for Risk
ABAT vs. BKLC — Risk / Return Rank
ABAT
BKLC
ABAT vs. BKLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Battery Technology Company Common Stock (ABAT) and BNY Mellon US Large Cap Core Equity ETF (BKLC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABAT | BKLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.42 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 3.10 | -1.23 |
| Martin ratioReturn relative to average drawdown | 2.69 | 14.15 | -11.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABAT | BKLC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 2.33 | -1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.28 | 1.12 | -1.41 |
Drawdowns
ABAT vs. BKLC - Drawdown Comparison
The maximum ABAT drawdown since its inception was -93.18%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for ABAT and BKLC.
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Drawdown Indicators
| ABAT | BKLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.18% | -26.14% | -67.04% |
Max Drawdown (1Y)Largest decline over 1 year | -77.85% | -9.10% | -68.75% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.14% | — |
Current DrawdownCurrent decline from peak | -68.05% | -0.74% | -67.31% |
Average DrawdownAverage peak-to-trough decline | -76.66% | -5.27% | -71.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.04% | 1.99% | +52.05% |
Volatility
ABAT vs. BKLC - Volatility Comparison
American Battery Technology Company Common Stock (ABAT) has a higher volatility of 28.19% compared to BNY Mellon US Large Cap Core Equity ETF (BKLC) at 3.00%. This indicates that ABAT's price experiences larger fluctuations and is considered to be riskier than BKLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABAT | BKLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.19% | 3.00% | +25.19% |
Volatility (6M)Calculated over the trailing 6-month period | 64.77% | 9.12% | +55.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 127.62% | 12.11% | +115.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 121.55% | 17.16% | +104.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 121.55% | 17.44% | +104.11% |
Dividends
ABAT vs. BKLC - Dividend Comparison
ABAT has not paid dividends to shareholders, while BKLC's dividend yield for the trailing twelve months is around 1.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ABAT American Battery Technology Company Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKLC BNY Mellon US Large Cap Core Equity ETF | 1.01% | 1.05% | 1.22% | 1.35% | 1.64% | 1.10% | 0.84% |
Frequently Asked Questions
ABAT and BKLC have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABAT has higher volatility (28.19%) compared to BKLC (3.00%). In terms of maximum drawdown, ABAT dropped -93.18% vs BKLC's -26.14%.
BKLC currently has the higher Sharpe Ratio (2.33 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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