BBP vs. BBC
Compare and contrast key facts about Virtus LifeSci Biotech Products ETF (BBP) and Virtus LifeSci Biotech Clinical Trials ETF (BBC).
BBP and BBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBP is a passively managed fund by Virtus Investment Partners that tracks the performance of the LifeSci Biotechnology Products Index. It was launched on Dec 17, 2014. 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. Both BBP and BBC 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: BBP or BBC.
Key characteristics
| BBP | BBC | |
|---|---|---|
| YTD Return | 13.02% | 21.99% |
| 1Y Return | 38.68% | 72.09% |
| 3Y Return (Ann) | 8.99% | -12.93% |
| 5Y Return (Ann) | 10.81% | 1.79% |
| Sharpe Ratio | 1.79 | 2.12 |
| Sortino Ratio | 2.47 | 2.73 |
| Omega Ratio | 1.29 | 1.31 |
| Calmar Ratio | 1.75 | 1.01 |
| Martin Ratio | 5.45 | 6.86 |
| Ulcer Index | 7.30% | 10.56% |
| Daily Std Dev | 22.23% | 34.26% |
| Max Drawdown | -44.32% | -72.73% |
| Current Drawdown | -3.66% | -51.65% |
Correlation
The correlation between BBP and BBC is 0.86, 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
BBP vs. BBC - Performance Comparison
In the year-to-date period, BBP achieves a 13.02% return, which is significantly lower than BBC's 21.99% 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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BBP vs. BBC - Expense Ratio Comparison
Both BBP and BBC have an expense ratio of 0.79%.
Risk-Adjusted Performance
BBP vs. BBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus LifeSci Biotech Products ETF (BBP) and Virtus LifeSci Biotech Clinical Trials ETF (BBC). 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
BBP vs. BBC - Dividend Comparison
BBP has not paid dividends to shareholders, while BBC's dividend yield for the trailing twelve months is around 0.27%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBP Virtus LifeSci Biotech Products ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 1.29% |
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% |
Drawdowns
BBP vs. BBC - Drawdown Comparison
The maximum BBP drawdown since its inception was -44.32%, smaller than the maximum BBC drawdown of -72.73%. Use the drawdown chart below to compare losses from any high point for BBP and BBC. For additional features, visit the drawdowns tool.
Volatility
BBP vs. BBC - Volatility Comparison
The current volatility for Virtus LifeSci Biotech Products ETF (BBP) is 5.97%, while Virtus LifeSci Biotech Clinical Trials ETF (BBC) has a volatility of 8.88%. This indicates that BBP experiences smaller price fluctuations and is considered to be less risky than BBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.