Correlation
The correlation between BATEX and VWLUX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
BATEX vs. VWLUX
Compare and contrast key facts about BlackRock Allocation Target Shares Series E Portfolio (BATEX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX).
BATEX is managed by BlackRock. It was launched on Aug 3, 2014. VWLUX is managed by Vanguard. It was launched on Feb 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BATEX or VWLUX.
Performance
BATEX vs. VWLUX - Performance Comparison
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Key characteristics
BATEX:
0.36
VWLUX:
0.27
BATEX:
0.41
VWLUX:
0.26
BATEX:
1.08
VWLUX:
1.04
BATEX:
0.31
VWLUX:
0.16
BATEX:
1.08
VWLUX:
0.49
BATEX:
2.02%
VWLUX:
2.08%
BATEX:
8.16%
VWLUX:
5.99%
BATEX:
-19.01%
VWLUX:
-15.94%
BATEX:
-4.05%
VWLUX:
-4.06%
Returns By Period
In the year-to-date period, BATEX achieves a -1.85% return, which is significantly higher than VWLUX's -2.14% return. Over the past 10 years, BATEX has outperformed VWLUX with an annualized return of 4.37%, while VWLUX has yielded a comparatively lower 2.51% annualized return.
BATEX
-1.85%
0.21%
-3.18%
2.89%
2.41%
3.68%
4.37%
VWLUX
-2.14%
0.03%
-3.17%
1.58%
1.79%
0.74%
2.51%
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BATEX vs. VWLUX - Expense Ratio Comparison
BATEX has a 0.11% expense ratio, which is higher than VWLUX's 0.09% 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%.
Risk-Adjusted Performance
BATEX vs. VWLUX — Risk-Adjusted Performance Rank
BATEX
VWLUX
BATEX vs. VWLUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series E Portfolio (BATEX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX). 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.
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Dividends
BATEX vs. VWLUX - Dividend Comparison
BATEX's dividend yield for the trailing twelve months is around 4.79%, more than VWLUX's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATEX BlackRock Allocation Target Shares Series E Portfolio | 4.79% | 4.51% | 4.47% | 6.62% | 4.21% | 3.87% | 3.94% | 5.11% | 4.22% | 5.44% | 4.17% | 1.55% |
VWLUX Vanguard Long-Term Tax-Exempt Fund Admiral Shares | 3.67% | 3.48% | 3.17% | 2.99% | 3.16% | 3.31% | 3.66% | 3.59% | 3.81% | 4.09% | 3.86% | 4.11% |
Drawdowns
BATEX vs. VWLUX - Drawdown Comparison
The maximum BATEX drawdown since its inception was -19.01%, which is greater than VWLUX's maximum drawdown of -15.94%. Use the drawdown chart below to compare losses from any high point for BATEX and VWLUX.
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Volatility
BATEX vs. VWLUX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series E Portfolio (BATEX) is 1.04%, while Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) has a volatility of 1.14%. This indicates that BATEX experiences smaller price fluctuations and is considered to be less risky than VWLUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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