BCHN.L vs. AVGO
Compare and contrast key facts about Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) and Broadcom Inc. (AVGO).
BCHN.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 8, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCHN.L or AVGO.
Correlation
The correlation between BCHN.L and AVGO is 0.33, 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
BCHN.L vs. AVGO - Performance Comparison
Key characteristics
BCHN.L:
0.13
AVGO:
0.51
BCHN.L:
0.48
AVGO:
1.14
BCHN.L:
1.06
AVGO:
1.15
BCHN.L:
0.13
AVGO:
1.06
BCHN.L:
0.45
AVGO:
2.92
BCHN.L:
12.21%
AVGO:
10.15%
BCHN.L:
42.77%
AVGO:
57.77%
BCHN.L:
-61.69%
AVGO:
-48.30%
BCHN.L:
-27.51%
AVGO:
-28.03%
Returns By Period
In the year-to-date period, BCHN.L achieves a -5.21% return, which is significantly higher than AVGO's -22.60% return.
BCHN.L
-5.21%
-11.38%
19.46%
6.09%
18.22%
N/A
AVGO
-22.60%
-19.32%
18.13%
34.72%
50.50%
33.80%
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Risk-Adjusted Performance
BCHN.L vs. AVGO — Risk-Adjusted Performance Rank
BCHN.L
AVGO
BCHN.L vs. AVGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) and Broadcom Inc. (AVGO). 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
BCHN.L vs. AVGO - Dividend Comparison
BCHN.L has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCHN.L Invesco Elwood Global Blockchain Ucits ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AVGO Broadcom Inc. | 1.12% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
Drawdowns
BCHN.L vs. AVGO - Drawdown Comparison
The maximum BCHN.L drawdown since its inception was -61.69%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for BCHN.L and AVGO. For additional features, visit the drawdowns tool.
Volatility
BCHN.L vs. AVGO - Volatility Comparison
The current volatility for Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) is 15.57%, while Broadcom Inc. (AVGO) has a volatility of 18.16%. This indicates that BCHN.L experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.