BBC vs. XBI
Compare and contrast key facts about Virtus LifeSci Biotech Clinical Trials ETF (BBC) and SPDR S&P Biotech ETF (XBI).
BBC and XBI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBC is a passively managed fund by Virtus Investment Partners that tracks the performance of the LifeSci Biotechnology Clinical Trials Index. It was launched on Dec 16, 2014. XBI is a passively managed fund by State Street that tracks the performance of the S&P Biotechnology Select Industry Index. It was launched on Feb 6, 2006. Both BBC and XBI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBC or XBI.
Key characteristics
| BBC | XBI | |
|---|---|---|
| YTD Return | 25.15% | 14.89% |
| 1Y Return | 60.38% | 43.46% |
| 3Y Return (Ann) | -13.59% | -7.92% |
| 5Y Return (Ann) | 1.91% | 4.16% |
| Sharpe Ratio | 1.83 | 1.74 |
| Sortino Ratio | 2.44 | 2.44 |
| Omega Ratio | 1.28 | 1.29 |
| Calmar Ratio | 0.88 | 0.76 |
| Martin Ratio | 5.98 | 6.05 |
| Ulcer Index | 10.61% | 7.73% |
| Daily Std Dev | 34.59% | 26.85% |
| Max Drawdown | -72.73% | -63.89% |
| Current Drawdown | -50.40% | -41.01% |
Correlation
The correlation between BBC and XBI is 0.94, 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.
Performance
BBC vs. XBI - Performance Comparison
In the year-to-date period, BBC achieves a 25.15% return, which is significantly higher than XBI's 14.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBC vs. XBI - Expense Ratio Comparison
BBC has a 0.79% expense ratio, which is higher than XBI's 0.35% expense ratio.
Risk-Adjusted Performance
BBC vs. XBI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus LifeSci Biotech Clinical Trials ETF (BBC) and SPDR S&P Biotech ETF (XBI). 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
BBC vs. XBI - Dividend Comparison
BBC's dividend yield for the trailing twelve months is around 0.27%, more than XBI's 0.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBC Virtus LifeSci Biotech Clinical Trials ETF | 0.27% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.04% | 0.00% | 0.51% | 0.00% | 0.00% |
XBI SPDR S&P Biotech ETF | 0.14% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% | 1.07% | 0.17% |
Drawdowns
BBC vs. XBI - Drawdown Comparison
The maximum BBC drawdown since its inception was -72.73%, which is greater than XBI's maximum drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for BBC and XBI. For additional features, visit the drawdowns tool.
Volatility
BBC vs. XBI - Volatility Comparison
Virtus LifeSci Biotech Clinical Trials ETF (BBC) has a higher volatility of 8.38% compared to SPDR S&P Biotech ETF (XBI) at 5.45%. This indicates that BBC's price experiences larger fluctuations and is considered to be riskier than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.