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BAR vs. FALN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BAR vs. FALN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Gold Shares (BAR) and iShares Fallen Angels USD Bond ETF (FALN). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
14.46%
5.83%
BAR
FALN

Returns By Period

In the year-to-date period, BAR achieves a 29.28% return, which is significantly higher than FALN's 7.89% return.


BAR

YTD

29.28%

1M

-2.84%

6M

14.46%

1Y

33.91%

5Y (annualized)

12.62%

10Y (annualized)

N/A

FALN

YTD

7.89%

1M

0.42%

6M

5.83%

1Y

12.61%

5Y (annualized)

5.64%

10Y (annualized)

N/A

Key characteristics


BARFALN
Sharpe Ratio2.272.66
Sortino Ratio3.024.04
Omega Ratio1.391.52
Calmar Ratio4.161.79
Martin Ratio13.3418.24
Ulcer Index2.50%0.70%
Daily Std Dev14.74%4.78%
Max Drawdown-21.53%-29.22%
Current Drawdown-4.18%-0.55%

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BAR vs. FALN - Expense Ratio Comparison

BAR has a 0.17% expense ratio, which is lower than FALN's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FALN
iShares Fallen Angels USD Bond ETF
Expense ratio chart for FALN: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for BAR: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%

Correlation

-0.50.00.51.00.2

The correlation between BAR and FALN is 0.20, 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.

Risk-Adjusted Performance

BAR vs. FALN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Shares (BAR) and iShares Fallen Angels USD Bond ETF (FALN). 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.


Sharpe ratio
The chart of Sharpe ratio for BAR, currently valued at 2.27, compared to the broader market0.002.004.002.272.66
The chart of Sortino ratio for BAR, currently valued at 3.02, compared to the broader market-2.000.002.004.006.008.0010.0012.003.024.04
The chart of Omega ratio for BAR, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.52
The chart of Calmar ratio for BAR, currently valued at 4.16, compared to the broader market0.005.0010.0015.004.161.79
The chart of Martin ratio for BAR, currently valued at 13.34, compared to the broader market0.0020.0040.0060.0080.00100.0013.3418.24
BAR
FALN

The current BAR Sharpe Ratio is 2.27, which is comparable to the FALN Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of BAR and FALN, 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 Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.27
2.66
BAR
FALN

Dividends

BAR vs. FALN - Dividend Comparison

BAR has not paid dividends to shareholders, while FALN's dividend yield for the trailing twelve months is around 6.09%.


TTM20232022202120202019201820172016
BAR
GraniteShares Gold Shares
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FALN
iShares Fallen Angels USD Bond ETF
6.09%5.38%5.08%3.39%5.14%5.35%5.97%6.99%3.54%

Drawdowns

BAR vs. FALN - Drawdown Comparison

The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum FALN drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for BAR and FALN. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.18%
-0.55%
BAR
FALN

Volatility

BAR vs. FALN - Volatility Comparison

GraniteShares Gold Shares (BAR) has a higher volatility of 5.63% compared to iShares Fallen Angels USD Bond ETF (FALN) at 1.27%. This indicates that BAR's price experiences larger fluctuations and is considered to be riskier than FALN 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%JuneJulyAugustSeptemberOctoberNovember
5.63%
1.27%
BAR
FALN