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BBH vs. FBT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBH and FBT is 0.87, 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.


-0.50.00.51.00.9

Performance

BBH vs. FBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Biotech ETF (BBH) and First Trust Amex Biotechnology Index (FBT). The values are adjusted to include any dividend payments, if applicable.

600.00%650.00%700.00%750.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
617.86%
758.69%
BBH
FBT

Key characteristics

Sharpe Ratio

BBH:

0.00

FBT:

0.61

Sortino Ratio

BBH:

0.12

FBT:

0.91

Omega Ratio

BBH:

1.01

FBT:

1.12

Calmar Ratio

BBH:

0.00

FBT:

0.46

Martin Ratio

BBH:

0.01

FBT:

2.16

Ulcer Index

BBH:

5.03%

FBT:

4.81%

Daily Std Dev

BBH:

16.56%

FBT:

17.14%

Max Drawdown

BBH:

-72.69%

FBT:

-40.51%

Current Drawdown

BBH:

-27.38%

FBT:

-8.59%

Returns By Period

In the year-to-date period, BBH achieves a -4.08% return, which is significantly lower than FBT's 5.45% return. Over the past 10 years, BBH has underperformed FBT with an annualized return of 3.89%, while FBT has yielded a comparatively higher 5.46% annualized return.


BBH

YTD

-4.08%

1M

-1.13%

6M

-5.76%

1Y

-1.55%

5Y*

2.50%

10Y*

3.89%

FBT

YTD

5.45%

1M

1.05%

6M

9.20%

1Y

8.81%

5Y*

2.16%

10Y*

5.46%

Compare stocks, funds, or ETFs

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BBH vs. FBT - Expense Ratio Comparison

BBH has a 0.35% expense ratio, which is lower than FBT's 0.57% expense ratio.


FBT
First Trust Amex Biotechnology Index
Expense ratio chart for FBT: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for BBH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

BBH vs. FBT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Biotech ETF (BBH) and First Trust Amex Biotechnology Index (FBT). 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
The chart of Sharpe ratio for BBH, currently valued at 0.00, compared to the broader market0.002.004.000.000.61
The chart of Sortino ratio for BBH, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.000.120.91
The chart of Omega ratio for BBH, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.001.011.12
The chart of Calmar ratio for BBH, currently valued at 0.00, compared to the broader market0.005.0010.0015.000.000.46
The chart of Martin ratio for BBH, currently valued at 0.01, compared to the broader market0.0020.0040.0060.0080.00100.000.012.16
BBH
FBT

The current BBH Sharpe Ratio is 0.00, which is lower than the FBT Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of BBH and FBT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.00
0.61
BBH
FBT

Dividends

BBH vs. FBT - Dividend Comparison

BBH has not paid dividends to shareholders, while FBT's dividend yield for the trailing twelve months is around 0.71%.


TTM20232022202120202019201820172016201520142013
BBH
VanEck Vectors Biotech ETF
0.00%0.43%0.47%0.21%0.36%0.34%0.50%0.55%0.30%0.27%0.00%0.00%
FBT
First Trust Amex Biotechnology Index
0.71%0.00%0.00%1.37%0.00%0.00%0.00%0.00%0.00%0.12%0.05%0.00%

Drawdowns

BBH vs. FBT - Drawdown Comparison

The maximum BBH drawdown since its inception was -72.69%, which is greater than FBT's maximum drawdown of -40.51%. Use the drawdown chart below to compare losses from any high point for BBH and FBT. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-27.38%
-8.59%
BBH
FBT

Volatility

BBH vs. FBT - Volatility Comparison

The current volatility for VanEck Vectors Biotech ETF (BBH) is 5.16%, while First Trust Amex Biotechnology Index (FBT) has a volatility of 5.93%. This indicates that BBH experiences smaller price fluctuations and is considered to be less risky than FBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.16%
5.93%
BBH
FBT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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