BATT vs. TDV
Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and ProShares S&P Technology Dividend Aristocrats ETF (TDV).
BATT and TDV 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. TDV is a passively managed fund by ProShares that tracks the performance of the Zacks 2040 Lifecycle Index. It was launched on Nov 5, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BATT or TDV.
Key characteristics
BATT | TDV | |
---|---|---|
YTD Return | -10.73% | 3.27% |
1Y Return | -20.62% | 23.76% |
3Y Return (Ann) | -11.89% | 9.29% |
Sharpe Ratio | -0.83 | 1.51 |
Daily Std Dev | 23.97% | 15.22% |
Max Drawdown | -69.38% | -32.78% |
Current Drawdown | -49.63% | -0.33% |
Correlation
The correlation between BATT and TDV is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BATT vs. TDV - Performance Comparison
In the year-to-date period, BATT achieves a -10.73% return, which is significantly lower than TDV's 3.27% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
BATT vs. TDV - Expense Ratio Comparison
Risk-Adjusted Performance
BATT vs. TDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Amplify Lithium & Battery Technology ETF | -0.83 | ||||
ProShares S&P Technology Dividend Aristocrats ETF | 1.51 |
Dividends
BATT vs. TDV - Dividend Comparison
BATT's dividend yield for the trailing twelve months is around 3.62%, more than TDV's 1.14% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|
Amplify Lithium & Battery Technology ETF | 3.62% | 3.23% | 4.14% | 2.32% | 0.21% | 3.22% | 0.89% |
ProShares S&P Technology Dividend Aristocrats ETF | 1.14% | 1.16% | 1.67% | 1.08% | 1.10% | 0.11% | 0.00% |
Drawdowns
BATT vs. TDV - Drawdown Comparison
The maximum BATT drawdown since its inception was -69.38%, which is greater than TDV's maximum drawdown of -32.78%. The drawdown chart below compares losses from any high point along the way for BATT and TDV
Volatility
BATT vs. TDV - Volatility Comparison
Amplify Lithium & Battery Technology ETF (BATT) has a higher volatility of 6.71% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 4.02%. This indicates that BATT's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.