BDAIX vs. HLAL
Compare and contrast key facts about Baron Durable Advantage Fund (BDAIX) and Wahed FTSE USA Shariah ETF (HLAL).
BDAIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017. HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDAIX or HLAL.
Key characteristics
| BDAIX | HLAL | |
|---|---|---|
| YTD Return | 23.14% | 12.03% |
| 1Y Return | 36.25% | 22.08% |
| 3Y Return (Ann) | 11.39% | 7.80% |
| 5Y Return (Ann) | 18.29% | 15.63% |
| Sharpe Ratio | 2.54 | 1.78 |
| Sortino Ratio | 3.35 | 2.37 |
| Omega Ratio | 1.46 | 1.32 |
| Calmar Ratio | 4.50 | 2.47 |
| Martin Ratio | 19.87 | 9.31 |
| Ulcer Index | 1.90% | 2.46% |
| Daily Std Dev | 14.87% | 12.88% |
| Max Drawdown | -33.57% | -33.57% |
| Current Drawdown | -2.80% | -3.50% |
Correlation
The correlation between BDAIX and HLAL is 0.90, 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
BDAIX vs. HLAL - Performance Comparison
In the year-to-date period, BDAIX achieves a 23.14% return, which is significantly higher than HLAL's 12.03% 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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BDAIX vs. HLAL - Expense Ratio Comparison
BDAIX has a 1.48% expense ratio, which is higher than HLAL's 0.50% expense ratio.
Risk-Adjusted Performance
BDAIX vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Durable Advantage Fund (BDAIX) and Wahed FTSE USA Shariah ETF (HLAL). 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
BDAIX vs. HLAL - Dividend Comparison
BDAIX's dividend yield for the trailing twelve months is around 0.08%, less than HLAL's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BDAIX Baron Durable Advantage Fund | 0.08% | 0.10% | 0.00% | 0.33% | 0.12% | 0.00% | 0.37% |
HLAL Wahed FTSE USA Shariah ETF | 0.72% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% |
Drawdowns
BDAIX vs. HLAL - Drawdown Comparison
The maximum BDAIX drawdown since its inception was -33.57%, roughly equal to the maximum HLAL drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for BDAIX and HLAL. For additional features, visit the drawdowns tool.
Volatility
BDAIX vs. HLAL - Volatility Comparison
Baron Durable Advantage Fund (BDAIX) has a higher volatility of 3.92% compared to Wahed FTSE USA Shariah ETF (HLAL) at 3.68%. This indicates that BDAIX's price experiences larger fluctuations and is considered to be riskier than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.