AGR vs. BKGI
Compare and contrast key facts about Avangrid, Inc. (AGR) and Bny Mellon Global Infrastructure Income ETF (BKGI).
BKGI is an actively managed fund by BNY Mellon. It was launched on Nov 2, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGR or BKGI.
Key characteristics
| AGR | BKGI | |
|---|---|---|
| YTD Return | 14.69% | 14.24% |
| 1Y Return | 19.53% | 19.65% |
| Sharpe Ratio | 0.97 | 1.64 |
| Sortino Ratio | 1.83 | 2.29 |
| Omega Ratio | 1.28 | 1.29 |
| Calmar Ratio | 0.50 | 2.89 |
| Martin Ratio | 4.59 | 8.00 |
| Ulcer Index | 4.37% | 2.52% |
| Daily Std Dev | 20.73% | 12.26% |
| Max Drawdown | -44.27% | -14.79% |
| Current Drawdown | -25.91% | -4.23% |
Correlation
The correlation between AGR and BKGI is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AGR vs. BKGI - Performance Comparison
The year-to-date returns for both stocks are quite close, with AGR having a 14.69% return and BKGI slightly lower at 14.24%. 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
AGR vs. BKGI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avangrid, Inc. (AGR) and Bny Mellon Global Infrastructure Income ETF (BKGI). 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
AGR vs. BKGI - Dividend Comparison
AGR's dividend yield for the trailing twelve months is around 4.92%, more than BKGI's 3.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
AGR Avangrid, Inc. | 4.92% | 5.43% | 4.09% | 3.53% | 3.87% | 3.44% | 3.48% | 3.42% | 4.56% |
BKGI Bny Mellon Global Infrastructure Income ETF | 3.88% | 4.55% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AGR vs. BKGI - Drawdown Comparison
The maximum AGR drawdown since its inception was -44.27%, which is greater than BKGI's maximum drawdown of -14.79%. Use the drawdown chart below to compare losses from any high point for AGR and BKGI. For additional features, visit the drawdowns tool.
Volatility
AGR vs. BKGI - Volatility Comparison
The current volatility for Avangrid, Inc. (AGR) is 1.10%, while Bny Mellon Global Infrastructure Income ETF (BKGI) has a volatility of 3.78%. This indicates that AGR experiences smaller price fluctuations and is considered to be less risky than BKGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.