BDRY vs. SAFE
Compare and contrast key facts about Breakwave Dry Bulk Shipping ETF (BDRY) and Safehold Inc. (SAFE).
BDRY is a passively managed fund by ETFMG that tracks the performance of the Breakwave Dry Freight Futures Index. It was launched on Mar 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDRY or SAFE.
Key characteristics
| BDRY | SAFE | |
|---|---|---|
| YTD Return | -26.82% | -6.67% |
| 1Y Return | 48.42% | 30.06% |
| 3Y Return (Ann) | -28.09% | -30.49% |
| 5Y Return (Ann) | -12.77% | -4.06% |
| Sharpe Ratio | 0.78 | 0.81 |
| Sortino Ratio | 1.45 | 1.50 |
| Omega Ratio | 1.17 | 1.17 |
| Calmar Ratio | 0.53 | 0.43 |
| Martin Ratio | 1.64 | 2.46 |
| Ulcer Index | 28.02% | 13.20% |
| Daily Std Dev | 58.56% | 40.11% |
| Max Drawdown | -89.16% | -78.40% |
| Current Drawdown | -79.62% | -68.45% |
Correlation
The correlation between BDRY and SAFE is 0.01, 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
BDRY vs. SAFE - Performance Comparison
In the year-to-date period, BDRY achieves a -26.82% return, which is significantly lower than SAFE's -6.67% 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
BDRY vs. SAFE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and Safehold Inc. (SAFE). 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
BDRY vs. SAFE - Dividend Comparison
BDRY has not paid dividends to shareholders, while SAFE's dividend yield for the trailing twelve months is around 3.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
BDRY Breakwave Dry Bulk Shipping ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SAFE Safehold Inc. | 3.32% | 5.03% | 8.43% | 5.05% | 8.27% | 7.04% | 6.63% | 0.96% |
Drawdowns
BDRY vs. SAFE - Drawdown Comparison
The maximum BDRY drawdown since its inception was -89.16%, which is greater than SAFE's maximum drawdown of -78.40%. Use the drawdown chart below to compare losses from any high point for BDRY and SAFE. For additional features, visit the drawdowns tool.
Volatility
BDRY vs. SAFE - Volatility Comparison
Breakwave Dry Bulk Shipping ETF (BDRY) has a higher volatility of 15.52% compared to Safehold Inc. (SAFE) at 10.10%. This indicates that BDRY's price experiences larger fluctuations and is considered to be riskier than SAFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.