BALI vs. RDVI
Compare and contrast key facts about Blackrock Advantage Large Cap Income ETF (BALI) and FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI).
BALI and RDVI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BALI is an actively managed fund by BlackRock. It was launched on Sep 26, 2023. RDVI is a passively managed fund by FT Vest that tracks the performance of the NASDAQ US Rising Dividend Achievers. It was launched on Oct 19, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BALI or RDVI.
Performance
BALI vs. RDVI - Performance Comparison
Returns By Period
In the year-to-date period, BALI achieves a 23.50% return, which is significantly higher than RDVI's 18.85% return.
BALI
23.50%
1.40%
11.05%
28.36%
N/A
N/A
RDVI
18.85%
1.89%
10.84%
29.72%
N/A
N/A
Key characteristics
| BALI | RDVI | |
|---|---|---|
| Sharpe Ratio | 2.87 | 2.05 |
| Sortino Ratio | 3.82 | 3.02 |
| Omega Ratio | 1.54 | 1.38 |
| Calmar Ratio | 3.76 | 3.80 |
| Martin Ratio | 17.24 | 12.78 |
| Ulcer Index | 1.69% | 2.34% |
| Daily Std Dev | 10.15% | 14.65% |
| Max Drawdown | -7.74% | -12.56% |
| Current Drawdown | -1.28% | -2.78% |
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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.
Correlation
The correlation between BALI and RDVI is 0.60, 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.
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.
Dividends
BALI vs. RDVI - Dividend Comparison
BALI's dividend yield for the trailing twelve months is around 6.75%, less than RDVI's 8.04% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BALI Blackrock Advantage Large Cap Income ETF | 6.75% | 2.13% | 0.00% |
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF | 8.04% | 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.
Volatility
BALI vs. RDVI - Volatility Comparison
The current volatility for Blackrock Advantage Large Cap Income ETF (BALI) is 3.81%, while FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a volatility of 6.87%. 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.