BBAI vs. EWZ
BBAI (BigBear.ai Holdings, Inc.) is a stock, while EWZ (iShares MSCI Brazil ETF) is Latin America Equities fund tracking the MSCI Brazil 25/50 Index. Over the past 3 years, BBAI returned 16.16%/yr vs 10.27%/yr for EWZ. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
BBAI vs. EWZ - Performance Comparison
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Returns By Period
In the year-to-date period, BBAI achieves a -41.67% return, which is significantly lower than EWZ's 14.68% return.
BBAI
- 1D
- 10.14%
- 1M
- -10.76%
- 6M
- -36.36%
- YTD
- -41.67%
- 1Y
- -55.57%
- 3Y*
- 16.16%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -17.90%
EWZ
- 1D
- -0.91%
- 1M
- 4.82%
- 6M
- -4.22%
- YTD
- 14.68%
- 1Y
- 40.03%
- 3Y*
- 10.27%
- 5Y*
- 7.40%
- 10Y*
- 5.87%
- ALL TIME*
- 6.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $78.97M | $80.02M | $140.77M | |
| $643.53M | $640.39M | $825.43M |
BBAI vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BBAI BigBear.ai Holdings, Inc. | -41.67% | 21.35% | 107.94% | 217.65% | -88.10% | -27.90% |
EWZ iShares MSCI Brazil ETF | 14.68% | 48.81% | -30.41% | 32.62% | 12.09% | -1.34% |
Correlation
The correlation between BBAI and EWZ is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021 | 0.19 |
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Return for Risk
BBAI vs. EWZ — Risk / Return Rank
BBAI
EWZ
BBAI vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) and iShares MSCI Brazil ETF (EWZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBAI | EWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.28 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 2.09 | -2.87 |
| Martin ratioReturn relative to average drawdown | -1.24 | 5.06 | -6.29 |
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Drawdowns
BBAI vs. EWZ - Drawdown Comparison
The maximum BBAI drawdown since its inception was -95.01%, which is greater than EWZ's maximum drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for BBAI and EWZ.
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Drawdown Indicators
| BBAI | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.01% | -77.25% | -17.76% |
Max Drawdown (1Y)Largest decline over 1 year | -70.93% | -19.27% | -51.66% |
Max Drawdown (3Y)Largest decline over 3 years | -75.56% | -31.36% | -44.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -75.18% | -20.13% | -55.05% |
Average DrawdownAverage peak-to-trough decline | -70.90% | -35.86% | -35.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.94% | 7.94% | +37.00% |
Volatility
BBAI vs. EWZ - Volatility Comparison
BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 20.14% compared to iShares MSCI Brazil ETF (EWZ) at 6.73%. This indicates that BBAI's price experiences larger fluctuations and is considered to be riskier than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBAI | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.14% | 6.73% | +13.41% |
Volatility (6M)Calculated over the trailing 6-month period | 53.73% | 19.10% | +34.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.91% | 25.11% | +61.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 172.32% | 27.46% | +144.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 172.32% | 33.90% | +138.42% |
Dividends
BBAI vs. EWZ - Dividend Comparison
BBAI has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 4.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBAI BigBear.ai Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EWZ iShares MSCI Brazil ETF | 4.06% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
Frequently Asked Questions
BBAI and EWZ have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBAI has higher volatility (20.14%) compared to EWZ (6.73%). In terms of maximum drawdown, BBAI dropped -95.01% vs EWZ's -77.25%.
EWZ currently has the higher Sharpe Ratio (1.60 vs -0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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