BAM vs. SGOV
BAM (Brookfield Asset Management Ltd.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 3 years, BAM returned 16.39%/yr vs 4.69%/yr for SGOV. At a correlation of -0.02, they often move in opposite directions.
Performance
BAM vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, BAM achieves a -12.51% return, which is significantly lower than SGOV's 1.72% return.
BAM
- 1D
- -4.39%
- 1M
- -5.35%
- YTD
- -12.51%
- 6M
- -14.29%
- 1Y
- -16.38%
- 3Y*
- 16.39%
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.72%
- 6M
- 1.79%
- 1Y
- 3.92%
- 3Y*
- 4.69%
- 5Y*
- 3.58%
- 10Y*
- —
BAM vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BAM Brookfield Asset Management Ltd. | -12.51% | -0.24% | 39.70% | 45.61% | -10.80% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.72% | 4.24% | 5.27% | 5.12% | 0.24% |
Correlation
The correlation between BAM and SGOV is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2022 | -0.02 |
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Return for Risk
BAM vs. SGOV — Risk / Return Rank
BAM
SGOV
BAM vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Asset Management Ltd. (BAM) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BAM | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.87 | ||
| Sortino ratioReturn per unit of downside risk | -274.16 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 194.05 | -193.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 395.07 | -395.61 |
| Martin ratioReturn relative to average drawdown | -0.95 | 4,426.92 | -4,427.88 |
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Drawdowns
BAM vs. SGOV - Drawdown Comparison
The maximum BAM drawdown since its inception was -30.37%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BAM and SGOV.
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Drawdown Indicators
| BAM | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.37% | -0.03% | -30.34% |
Max Drawdown (1Y)Largest decline over 1 year | -30.37% | -0.01% | -30.36% |
Max Drawdown (3Y)Largest decline over 3 years | -30.37% | -0.01% | -30.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -26.32% | 0.00% | -26.32% |
Average DrawdownAverage peak-to-trough decline | -8.96% | -0.00% | -8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.21% | 0.00% | +17.21% |
Volatility
BAM vs. SGOV - Volatility Comparison
Brookfield Asset Management Ltd. (BAM) has a higher volatility of 10.15% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that BAM's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAM | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.15% | 0.04% | +10.11% |
Volatility (6M)Calculated over the trailing 6-month period | 23.04% | 0.13% | +22.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.08% | 0.19% | +29.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.19% | 0.24% | +29.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.19% | 0.24% | +29.95% |
Dividends
BAM vs. SGOV - Dividend Comparison
BAM's dividend yield for the trailing twelve months is around 4.19%, more than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BAM Brookfield Asset Management Ltd. | 4.19% | 3.34% | 2.80% | 3.19% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
BAM and SGOV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAM has higher volatility (10.15%) compared to SGOV (0.04%). In terms of maximum drawdown, BAM dropped -30.37% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.32 vs -0.55), 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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