BHMG.L vs. URTH
Compare and contrast key facts about BH Macro Limited (BHMG.L) and iShares MSCI World ETF (URTH).
URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BHMG.L or URTH.
Key characteristics
| BHMG.L | URTH | |
|---|---|---|
| YTD Return | 0.54% | 16.06% |
| 1Y Return | 0.00% | 23.81% |
| 3Y Return (Ann) | 1.30% | 7.14% |
| 5Y Return (Ann) | 6.12% | 12.49% |
| 10Y Return (Ann) | 6.27% | 9.81% |
| Sharpe Ratio | 0.08 | 2.02 |
| Daily Std Dev | 16.67% | 12.37% |
| Max Drawdown | -35.94% | -34.01% |
| Current Drawdown | -27.93% | -0.67% |
Correlation
The correlation between BHMG.L and URTH is 0.17, 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
BHMG.L vs. URTH - Performance Comparison
In the year-to-date period, BHMG.L achieves a 0.54% return, which is significantly lower than URTH's 16.06% return. Over the past 10 years, BHMG.L has underperformed URTH with an annualized return of 6.27%, while URTH has yielded a comparatively higher 9.81% 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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Risk-Adjusted Performance
BHMG.L vs. URTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BH Macro Limited (BHMG.L) and iShares MSCI World ETF (URTH). 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
BHMG.L vs. URTH - Dividend Comparison
BHMG.L has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.49%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHMG.L BH Macro Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URTH iShares MSCI World ETF | 1.49% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% | 2.31% | 1.04% |
Drawdowns
BHMG.L vs. URTH - Drawdown Comparison
The maximum BHMG.L drawdown since its inception was -35.94%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for BHMG.L and URTH. For additional features, visit the drawdowns tool.
Volatility
BHMG.L vs. URTH - Volatility Comparison
BH Macro Limited (BHMG.L) has a higher volatility of 5.65% compared to iShares MSCI World ETF (URTH) at 4.04%. This indicates that BHMG.L's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.