BDT.TO vs. HXQ.TO
Compare and contrast key facts about Bird Construction Inc. (BDT.TO) and Horizons NASDAQ-100 Index ETF (HXQ.TO).
HXQ.TO is a passively managed fund by Horizons that tracks the performance of the NASDAQ-100 Index. It was launched on Apr 19, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDT.TO or HXQ.TO.
Key characteristics
| BDT.TO | HXQ.TO | |
|---|---|---|
| YTD Return | 98.83% | 32.28% |
| 1Y Return | 140.08% | 36.39% |
| 3Y Return (Ann) | 44.58% | 13.65% |
| 5Y Return (Ann) | 39.92% | 22.43% |
| Sharpe Ratio | 3.68 | 2.32 |
| Sortino Ratio | 4.34 | 3.11 |
| Omega Ratio | 1.56 | 1.41 |
| Calmar Ratio | 7.10 | 2.97 |
| Martin Ratio | 22.06 | 10.78 |
| Ulcer Index | 6.72% | 3.54% |
| Daily Std Dev | 40.31% | 16.48% |
| Max Drawdown | -76.14% | -31.60% |
| Current Drawdown | -13.84% | 0.00% |
Correlation
The correlation between BDT.TO and HXQ.TO is 0.37, 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
BDT.TO vs. HXQ.TO - Performance Comparison
In the year-to-date period, BDT.TO achieves a 98.83% return, which is significantly higher than HXQ.TO's 32.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BDT.TO vs. HXQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bird Construction Inc. (BDT.TO) and Horizons NASDAQ-100 Index ETF (HXQ.TO). 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
BDT.TO vs. HXQ.TO - Dividend Comparison
BDT.TO's dividend yield for the trailing twelve months is around 2.00%, while HXQ.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDT.TO Bird Construction Inc. | 2.00% | 3.20% | 4.80% | 3.97% | 4.88% | 5.45% | 6.38% | 3.85% | 8.38% | 5.84% | 6.84% | 5.79% |
HXQ.TO Horizons NASDAQ-100 Index 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% |
Drawdowns
BDT.TO vs. HXQ.TO - Drawdown Comparison
The maximum BDT.TO drawdown since its inception was -76.14%, which is greater than HXQ.TO's maximum drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for BDT.TO and HXQ.TO. For additional features, visit the drawdowns tool.
Volatility
BDT.TO vs. HXQ.TO - Volatility Comparison
Bird Construction Inc. (BDT.TO) has a higher volatility of 13.44% compared to Horizons NASDAQ-100 Index ETF (HXQ.TO) at 4.95%. This indicates that BDT.TO's price experiences larger fluctuations and is considered to be riskier than HXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.