BDCZ vs. VOO
Compare and contrast key facts about ETRACS MVIS Business Development Companies Index ETN (BDCZ) and Vanguard S&P 500 ETF (VOO).
BDCZ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BDCZ is a passively managed fund by UBS that tracks the performance of the BDCZ-US - MVIS US Business Development Companies Index. It was launched on Oct 8, 2015. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BDCZ and VOO 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: BDCZ or VOO.
Key characteristics
| BDCZ | VOO | |
|---|---|---|
| YTD Return | 8.31% | 27.26% |
| 1Y Return | 14.26% | 37.86% |
| 3Y Return (Ann) | 7.88% | 10.35% |
| 5Y Return (Ann) | 9.12% | 16.03% |
| Sharpe Ratio | 1.32 | 3.25 |
| Sortino Ratio | 1.81 | 4.31 |
| Omega Ratio | 1.24 | 1.61 |
| Calmar Ratio | 1.62 | 4.74 |
| Martin Ratio | 5.37 | 21.63 |
| Ulcer Index | 2.75% | 1.85% |
| Daily Std Dev | 11.20% | 12.25% |
| Max Drawdown | -55.62% | -33.99% |
| Current Drawdown | -2.92% | 0.00% |
Correlation
The correlation between BDCZ and VOO is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BDCZ vs. VOO - Performance Comparison
In the year-to-date period, BDCZ achieves a 8.31% return, which is significantly lower than VOO's 27.26% 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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BDCZ vs. VOO - Expense Ratio Comparison
BDCZ has a 0.85% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BDCZ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS MVIS Business Development Companies Index ETN (BDCZ) and Vanguard S&P 500 ETF (VOO). 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
BDCZ vs. VOO - Dividend Comparison
BDCZ's dividend yield for the trailing twelve months is around 9.60%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDCZ ETRACS MVIS Business Development Companies Index ETN | 9.60% | 9.13% | 11.66% | 7.49% | 10.01% | 8.39% | 9.66% | 8.75% | 7.98% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BDCZ vs. VOO - Drawdown Comparison
The maximum BDCZ drawdown since its inception was -55.62%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BDCZ and VOO. For additional features, visit the drawdowns tool.
Volatility
BDCZ vs. VOO - Volatility Comparison
ETRACS MVIS Business Development Companies Index ETN (BDCZ) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.79% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.