BBSEY vs. IAK
Compare and contrast key facts about BB Seguridade Participacoes SA (BBSEY) and iShares U.S. Insurance ETF (IAK).
IAK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Insurance Index. It was launched on May 5, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBSEY or IAK.
Key characteristics
| BBSEY | IAK | |
|---|---|---|
| YTD Return | 1.13% | 30.21% |
| 1Y Return | 6.51% | 39.63% |
| 3Y Return (Ann) | 32.57% | 19.79% |
| 5Y Return (Ann) | 3.39% | 14.70% |
| 10Y Return (Ann) | 0.77% | 12.49% |
| Sharpe Ratio | 0.37 | 2.94 |
| Daily Std Dev | 21.21% | 13.93% |
| Max Drawdown | -65.17% | -77.38% |
| Current Drawdown | -7.38% | 0.00% |
Correlation
The correlation between BBSEY and IAK is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BBSEY vs. IAK - Performance Comparison
In the year-to-date period, BBSEY achieves a 1.13% return, which is significantly lower than IAK's 30.21% return. Over the past 10 years, BBSEY has underperformed IAK with an annualized return of 0.77%, while IAK has yielded a comparatively higher 12.49% annualized 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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Risk-Adjusted Performance
BBSEY vs. IAK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BB Seguridade Participacoes SA (BBSEY) and iShares U.S. Insurance ETF (IAK). 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
BBSEY vs. IAK - Dividend Comparison
BBSEY's dividend yield for the trailing twelve months is around 7.63%, more than IAK's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBSEY BB Seguridade Participacoes SA | 7.63% | 9.85% | 6.11% | 4.92% | 14.70% | 7.14% | 11.94% | 6.05% | 7.30% | 8.88% | 2.26% | 0.00% |
IAK iShares U.S. Insurance ETF | 1.20% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% | 1.57% | 1.13% |
Drawdowns
BBSEY vs. IAK - Drawdown Comparison
The maximum BBSEY drawdown since its inception was -65.17%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for BBSEY and IAK. For additional features, visit the drawdowns tool.
Volatility
BBSEY vs. IAK - Volatility Comparison
BB Seguridade Participacoes SA (BBSEY) has a higher volatility of 7.43% compared to iShares U.S. Insurance ETF (IAK) at 3.56%. This indicates that BBSEY's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.