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BALI vs. RDVI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BALIRDVI
YTD Return19.44%13.96%
1Y Return28.55%26.62%
Sharpe Ratio3.002.08
Sortino Ratio3.962.90
Omega Ratio1.571.36
Calmar Ratio3.843.59
Martin Ratio17.7012.18
Ulcer Index1.68%2.34%
Daily Std Dev9.89%13.61%
Max Drawdown-7.74%-12.56%
Current Drawdown-1.93%-2.65%

Correlation

-0.50.00.51.00.6

The correlation between BALI and RDVI is 0.61, 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

BALI vs. RDVI - Performance Comparison

In the year-to-date period, BALI achieves a 19.44% return, which is significantly higher than RDVI's 13.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
9.74%
7.68%
BALI
RDVI

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BALI vs. RDVI - Expense Ratio Comparison

BALI has a 0.35% expense ratio, which is lower than RDVI's 0.75% expense ratio.


RDVI
FT Cboe Vest Rising Dividend Achievers Target Income ETF
Expense ratio chart for RDVI: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for BALI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

BALI vs. RDVI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Advantage Large Cap Income ETF (BALI) and FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI). 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.


BALI
Sharpe ratio
The chart of Sharpe ratio for BALI, currently valued at 3.00, compared to the broader market0.002.004.003.00
Sortino ratio
The chart of Sortino ratio for BALI, currently valued at 3.96, compared to the broader market0.005.0010.003.96
Omega ratio
The chart of Omega ratio for BALI, currently valued at 1.57, compared to the broader market1.001.502.002.503.001.57
Calmar ratio
The chart of Calmar ratio for BALI, currently valued at 3.84, compared to the broader market0.005.0010.0015.0020.003.84
Martin ratio
The chart of Martin ratio for BALI, currently valued at 17.70, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.70
RDVI
Sharpe ratio
The chart of Sharpe ratio for RDVI, currently valued at 2.08, compared to the broader market0.002.004.002.08
Sortino ratio
The chart of Sortino ratio for RDVI, currently valued at 2.90, compared to the broader market0.005.0010.002.90
Omega ratio
The chart of Omega ratio for RDVI, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for RDVI, currently valued at 3.61, compared to the broader market0.005.0010.0015.0020.003.61
Martin ratio
The chart of Martin ratio for RDVI, currently valued at 12.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.0012.18

BALI vs. RDVI - Sharpe Ratio Comparison

The current BALI Sharpe Ratio is 3.00, which is higher than the RDVI Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of BALI and RDVI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.50Wed 02Fri 04Oct 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Oct 20Tue 22Thu 24Sat 26Mon 28Wed 30NovemberNov 03
3.00
2.08
BALI
RDVI

Dividends

BALI vs. RDVI - Dividend Comparison

BALI's dividend yield for the trailing twelve months is around 6.98%, less than RDVI's 8.39% yield.


TTM20232022
BALI
Blackrock Advantage Large Cap Income ETF
6.98%2.13%0.00%
RDVI
FT Cboe Vest Rising Dividend Achievers Target Income ETF
8.39%8.45%1.53%

Drawdowns

BALI vs. RDVI - Drawdown Comparison

The maximum BALI drawdown since its inception was -7.74%, smaller than the maximum RDVI drawdown of -12.56%. Use the drawdown chart below to compare losses from any high point for BALI and RDVI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.93%
-2.65%
BALI
RDVI

Volatility

BALI vs. RDVI - Volatility Comparison

The current volatility for Blackrock Advantage Large Cap Income ETF (BALI) is 2.85%, while FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a volatility of 3.70%. This indicates that BALI experiences smaller price fluctuations and is considered to be less risky than RDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
2.85%
3.70%
BALI
RDVI