BATT vs. IDRV
Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and iShares Self-driving EV & Tech ETF (IDRV).
BATT and IDRV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018. IDRV is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. It was launched on Apr 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BATT or IDRV.
Performance
BATT vs. IDRV - Performance Comparison
Returns By Period
In the year-to-date period, BATT achieves a -12.06% return, which is significantly higher than IDRV's -16.91% return.
BATT
-12.06%
0.32%
-0.64%
-6.80%
0.45%
N/A
IDRV
-16.91%
-1.65%
-1.96%
-10.58%
3.92%
N/A
Key characteristics
| BATT | IDRV | |
|---|---|---|
| Sharpe Ratio | -0.30 | -0.41 |
| Sortino Ratio | -0.27 | -0.42 |
| Omega Ratio | 0.97 | 0.95 |
| Calmar Ratio | -0.13 | -0.22 |
| Martin Ratio | -0.55 | -0.73 |
| Ulcer Index | 14.16% | 14.99% |
| Daily Std Dev | 25.71% | 26.78% |
| Max Drawdown | -69.38% | -50.37% |
| Current Drawdown | -50.38% | -44.94% |
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BATT vs. IDRV - Expense Ratio Comparison
BATT has a 0.59% expense ratio, which is higher than IDRV's 0.47% expense ratio.
Correlation
The correlation between BATT and IDRV is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BATT vs. IDRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) and iShares Self-driving EV & Tech ETF (IDRV). 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
BATT vs. IDRV - Dividend Comparison
BATT's dividend yield for the trailing twelve months is around 3.67%, more than IDRV's 2.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BATT Amplify Lithium & Battery Technology ETF | 3.67% | 3.23% | 4.14% | 2.32% | 0.22% | 3.22% | 0.90% |
IDRV iShares Self-driving EV & Tech ETF | 2.54% | 2.17% | 2.29% | 1.12% | 0.69% | 1.29% | 0.00% |
Drawdowns
BATT vs. IDRV - Drawdown Comparison
The maximum BATT drawdown since its inception was -69.38%, which is greater than IDRV's maximum drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for BATT and IDRV. For additional features, visit the drawdowns tool.
Volatility
BATT vs. IDRV - Volatility Comparison
Amplify Lithium & Battery Technology ETF (BATT) and iShares Self-driving EV & Tech ETF (IDRV) have volatilities of 8.31% and 8.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.