ACOPY vs. SOYB.L
Compare and contrast key facts about The A2 Milk Company Ltd (ACOPY) and WisdomTree Soybeans (SOYB.L).
SOYB.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Soybeans. It was launched on Sep 22, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACOPY or SOYB.L.
Key characteristics
ACOPY | SOYB.L | |
---|---|---|
YTD Return | 32.87% | -20.05% |
1Y Return | 32.04% | -21.89% |
3Y Return (Ann) | -3.78% | 1.71% |
5Y Return (Ann) | -16.12% | 8.37% |
Sharpe Ratio | 0.77 | -1.34 |
Daily Std Dev | 41.35% | 16.15% |
Max Drawdown | -84.50% | -50.99% |
Current Drawdown | -76.59% | -26.78% |
Correlation
The correlation between ACOPY and SOYB.L is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ACOPY vs. SOYB.L - Performance Comparison
In the year-to-date period, ACOPY achieves a 32.87% return, which is significantly higher than SOYB.L's -20.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ACOPY vs. SOYB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The A2 Milk Company Ltd (ACOPY) and WisdomTree Soybeans (SOYB.L). 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.
Dividends
ACOPY vs. SOYB.L - Dividend Comparison
Neither ACOPY nor SOYB.L has paid dividends to shareholders.
Drawdowns
ACOPY vs. SOYB.L - Drawdown Comparison
The maximum ACOPY drawdown since its inception was -84.50%, which is greater than SOYB.L's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for ACOPY and SOYB.L. For additional features, visit the drawdowns tool.
Volatility
ACOPY vs. SOYB.L - Volatility Comparison
The A2 Milk Company Ltd (ACOPY) has a higher volatility of 6.35% compared to WisdomTree Soybeans (SOYB.L) at 4.05%. This indicates that ACOPY's price experiences larger fluctuations and is considered to be riskier than SOYB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.