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BIOPX vs. VHCAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BIOPX and VHCAX is 0.87, 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.


-0.50.00.51.00.9

Performance

BIOPX vs. VHCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Opportunity Fund (BIOPX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). The values are adjusted to include any dividend payments, if applicable.

700.00%800.00%900.00%1,000.00%1,100.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
882.55%
1,035.66%
BIOPX
VHCAX

Key characteristics

Sharpe Ratio

BIOPX:

1.73

VHCAX:

0.49

Sortino Ratio

BIOPX:

2.26

VHCAX:

0.70

Omega Ratio

BIOPX:

1.31

VHCAX:

1.12

Calmar Ratio

BIOPX:

1.16

VHCAX:

0.70

Martin Ratio

BIOPX:

9.77

VHCAX:

2.61

Ulcer Index

BIOPX:

3.94%

VHCAX:

3.33%

Daily Std Dev

BIOPX:

22.20%

VHCAX:

17.53%

Max Drawdown

BIOPX:

-67.79%

VHCAX:

-54.27%

Current Drawdown

BIOPX:

-7.73%

VHCAX:

-11.04%

Returns By Period

In the year-to-date period, BIOPX achieves a 35.63% return, which is significantly higher than VHCAX's 6.08% return. Over the past 10 years, BIOPX has underperformed VHCAX with an annualized return of 10.08%, while VHCAX has yielded a comparatively higher 11.34% annualized return.


BIOPX

YTD

35.63%

1M

0.36%

6M

13.71%

1Y

36.21%

5Y*

16.02%

10Y*

10.08%

VHCAX

YTD

6.08%

1M

-8.19%

6M

-5.35%

1Y

6.70%

5Y*

10.13%

10Y*

11.34%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BIOPX vs. VHCAX - Expense Ratio Comparison

BIOPX has a 1.31% expense ratio, which is higher than VHCAX's 0.36% expense ratio.


BIOPX
Baron Opportunity Fund
Expense ratio chart for BIOPX: current value at 1.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.31%
Expense ratio chart for VHCAX: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

BIOPX vs. VHCAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Opportunity Fund (BIOPX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). 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 BIOPX, currently valued at 1.73, compared to the broader market-1.000.001.002.003.004.001.730.49
The chart of Sortino ratio for BIOPX, currently valued at 2.26, compared to the broader market-2.000.002.004.006.008.0010.002.260.70
The chart of Omega ratio for BIOPX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.12
The chart of Calmar ratio for BIOPX, currently valued at 1.16, compared to the broader market0.002.004.006.008.0010.0012.0014.001.160.70
The chart of Martin ratio for BIOPX, currently valued at 9.77, compared to the broader market0.0020.0040.0060.009.772.61
BIOPX
VHCAX

The current BIOPX Sharpe Ratio is 1.73, which is higher than the VHCAX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of BIOPX and VHCAX, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.73
0.49
BIOPX
VHCAX

Dividends

BIOPX vs. VHCAX - Dividend Comparison

Neither BIOPX nor VHCAX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
BIOPX
Baron Opportunity Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VHCAX
Vanguard Capital Opportunity Fund Admiral Shares
0.00%0.76%0.88%0.45%0.52%0.81%0.94%0.67%0.77%0.67%0.67%0.24%

Drawdowns

BIOPX vs. VHCAX - Drawdown Comparison

The maximum BIOPX drawdown since its inception was -67.79%, which is greater than VHCAX's maximum drawdown of -54.27%. Use the drawdown chart below to compare losses from any high point for BIOPX and VHCAX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.73%
-11.04%
BIOPX
VHCAX

Volatility

BIOPX vs. VHCAX - Volatility Comparison

The current volatility for Baron Opportunity Fund (BIOPX) is 8.21%, while Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a volatility of 11.33%. This indicates that BIOPX experiences smaller price fluctuations and is considered to be less risky than VHCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.21%
11.33%
BIOPX
VHCAX
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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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