BFGFX vs. MOAT
Compare and contrast key facts about Baron Focused Growth Fund (BFGFX) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
BFGFX is managed by Baron Capital Group, Inc.. It was launched on Jun 30, 2008. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFGFX or MOAT.
Key characteristics
| BFGFX | MOAT | |
|---|---|---|
| YTD Return | -3.18% | 0.66% |
| 1Y Return | 9.77% | 15.73% |
| 3Y Return (Ann) | 0.60% | 6.92% |
| 5Y Return (Ann) | 21.73% | 13.45% |
| 10Y Return (Ann) | 15.26% | 12.66% |
| Sharpe Ratio | 0.64 | 1.15 |
| Daily Std Dev | 15.28% | 13.49% |
| Max Drawdown | -56.92% | -33.31% |
| Current Drawdown | -19.13% | -4.97% |
Correlation
The correlation between BFGFX and MOAT is 0.72, 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
BFGFX vs. MOAT - Performance Comparison
In the year-to-date period, BFGFX achieves a -3.18% return, which is significantly lower than MOAT's 0.66% return. Over the past 10 years, BFGFX has outperformed MOAT with an annualized return of 15.26%, while MOAT has yielded a comparatively lower 12.66% annualized 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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BFGFX vs. MOAT - Expense Ratio Comparison
BFGFX has a 1.32% expense ratio, which is higher than MOAT's 0.48% expense ratio.
Risk-Adjusted Performance
BFGFX vs. MOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Focused Growth Fund (BFGFX) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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
BFGFX vs. MOAT - Dividend Comparison
BFGFX has not paid dividends to shareholders, while MOAT's dividend yield for the trailing twelve months is around 0.85%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFGFX Baron Focused Growth Fund | 0.00% | 0.00% | 12.28% | 15.53% | 2.85% | 1.78% | 1.07% | 2.11% | 6.02% | 5.80% | 0.60% | 1.22% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 0.85% | 0.86% | 1.25% | 1.08% | 1.46% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% | 1.34% | 0.79% |
Drawdowns
BFGFX vs. MOAT - Drawdown Comparison
The maximum BFGFX drawdown since its inception was -56.92%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for BFGFX and MOAT. For additional features, visit the drawdowns tool.
Volatility
BFGFX vs. MOAT - Volatility Comparison
Baron Focused Growth Fund (BFGFX) has a higher volatility of 4.59% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 3.83%. This indicates that BFGFX's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.