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

Correlation

The correlation between BAR and VAW is 0.14, 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.


-0.50.00.51.00.1

Performance

BAR vs. VAW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Gold Shares (BAR) and Vanguard Materials ETF (VAW). The values are adjusted to include any dividend payments, if applicable.

70.00%80.00%90.00%100.00%110.00%JulyAugustSeptemberOctoberNovemberDecember
96.40%
75.43%
BAR
VAW

Key characteristics

Sharpe Ratio

BAR:

1.95

VAW:

0.22

Sortino Ratio

BAR:

2.58

VAW:

0.40

Omega Ratio

BAR:

1.34

VAW:

1.05

Calmar Ratio

BAR:

3.60

VAW:

0.26

Martin Ratio

BAR:

10.24

VAW:

0.91

Ulcer Index

BAR:

2.82%

VAW:

3.50%

Daily Std Dev

BAR:

14.87%

VAW:

14.41%

Max Drawdown

BAR:

-21.53%

VAW:

-62.17%

Current Drawdown

BAR:

-5.89%

VAW:

-11.41%

Returns By Period

In the year-to-date period, BAR achieves a 26.97% return, which is significantly higher than VAW's 1.54% return.


BAR

YTD

26.97%

1M

-0.96%

6M

12.91%

1Y

28.10%

5Y*

11.99%

10Y*

N/A

VAW

YTD

1.54%

1M

-8.94%

6M

-1.69%

1Y

1.30%

5Y*

9.26%

10Y*

7.80%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BAR vs. VAW - Expense Ratio Comparison

BAR has a 0.17% expense ratio, which is higher than VAW's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


BAR
GraniteShares Gold Shares
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%
Expense ratio chart for VAW: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

BAR vs. VAW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Shares (BAR) and Vanguard Materials ETF (VAW). 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 1.95, compared to the broader market0.002.004.001.950.22
The chart of Sortino ratio for BAR, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.0010.002.580.40
The chart of Omega ratio for BAR, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.05
The chart of Calmar ratio for BAR, currently valued at 3.60, compared to the broader market0.005.0010.0015.003.600.26
The chart of Martin ratio for BAR, currently valued at 10.24, compared to the broader market0.0020.0040.0060.0080.00100.0010.240.91
BAR
VAW

The current BAR Sharpe Ratio is 1.95, which is higher than the VAW Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of BAR and VAW, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.95
0.22
BAR
VAW

Dividends

BAR vs. VAW - Dividend Comparison

BAR has not paid dividends to shareholders, while VAW's dividend yield for the trailing twelve months is around 1.68%.


TTM20232022202120202019201820172016201520142013
BAR
GraniteShares Gold Shares
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VAW
Vanguard Materials ETF
1.68%1.72%1.98%1.44%1.67%1.94%2.03%1.63%1.67%2.30%1.76%1.84%

Drawdowns

BAR vs. VAW - Drawdown Comparison

The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum VAW drawdown of -62.17%. Use the drawdown chart below to compare losses from any high point for BAR and VAW. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.89%
-11.41%
BAR
VAW

Volatility

BAR vs. VAW - Volatility Comparison

GraniteShares Gold Shares (BAR) has a higher volatility of 5.07% compared to Vanguard Materials ETF (VAW) at 4.61%. This indicates that BAR's price experiences larger fluctuations and is considered to be riskier than VAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.07%
4.61%
BAR
VAW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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