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BILL vs. ^VIX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BILL and ^VIX is -0.38. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.4

Performance

BILL vs. ^VIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bill.com Holdings, Inc. (BILL) and CBOE Volatility Index (^VIX). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
152.17%
31.71%
BILL
^VIX

Key characteristics

Sharpe Ratio

BILL:

0.22

^VIX:

0.21

Sortino Ratio

BILL:

0.67

^VIX:

1.63

Omega Ratio

BILL:

1.08

^VIX:

1.20

Calmar Ratio

BILL:

0.12

^VIX:

0.36

Martin Ratio

BILL:

0.36

^VIX:

0.80

Ulcer Index

BILL:

29.57%

^VIX:

38.55%

Daily Std Dev

BILL:

48.87%

^VIX:

143.98%

Max Drawdown

BILL:

-87.15%

^VIX:

-88.70%

Current Drawdown

BILL:

-73.84%

^VIX:

-77.80%

Returns By Period

In the year-to-date period, BILL achieves a 9.72% return, which is significantly lower than ^VIX's 47.47% return.


BILL

YTD

9.72%

1M

1.89%

6M

85.53%

1Y

7.89%

5Y*

18.64%

10Y*

N/A

^VIX

YTD

47.47%

1M

6.99%

6M

39.09%

1Y

34.51%

5Y*

7.69%

10Y*

2.10%

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

BILL vs. ^VIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bill.com Holdings, Inc. (BILL) and CBOE Volatility Index (^VIX). 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.


Sharpe ratio
The chart of Sharpe ratio for BILL, currently valued at 0.42, compared to the broader market-4.00-2.000.002.000.420.21
The chart of Sortino ratio for BILL, currently valued at 0.94, compared to the broader market-4.00-2.000.002.004.000.941.63
The chart of Omega ratio for BILL, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.20
The chart of Calmar ratio for BILL, currently valued at 0.23, compared to the broader market0.002.004.006.000.230.36
The chart of Martin ratio for BILL, currently valued at 0.75, compared to the broader market-5.000.005.0010.0015.0020.0025.000.750.80
BILL
^VIX

The current BILL Sharpe Ratio is 0.22, which is comparable to the ^VIX Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of BILL and ^VIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.42
0.21
BILL
^VIX

Drawdowns

BILL vs. ^VIX - Drawdown Comparison

The maximum BILL drawdown since its inception was -87.15%, roughly equal to the maximum ^VIX drawdown of -88.70%. Use the drawdown chart below to compare losses from any high point for BILL and ^VIX. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-73.84%
-77.80%
BILL
^VIX

Volatility

BILL vs. ^VIX - Volatility Comparison

The current volatility for Bill.com Holdings, Inc. (BILL) is 12.58%, while CBOE Volatility Index (^VIX) has a volatility of 68.03%. This indicates that BILL experiences smaller price fluctuations and is considered to be less risky than ^VIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
12.58%
68.03%
BILL
^VIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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