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BLCN vs. ROBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BLCN and ROBO is 0.73, 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.


-0.50.00.51.00.7

Performance

BLCN vs. ROBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and ROBO Global Robotics & Automation Index ETF (ROBO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
16.87%
24.71%
BLCN
ROBO

Key characteristics

Sharpe Ratio

BLCN:

0.42

ROBO:

-0.00

Sortino Ratio

BLCN:

0.86

ROBO:

0.13

Omega Ratio

BLCN:

1.10

ROBO:

1.01

Calmar Ratio

BLCN:

0.29

ROBO:

-0.00

Martin Ratio

BLCN:

1.93

ROBO:

-0.00

Ulcer Index

BLCN:

8.43%

ROBO:

5.69%

Daily Std Dev

BLCN:

39.05%

ROBO:

18.65%

Max Drawdown

BLCN:

-64.38%

ROBO:

-43.65%

Current Drawdown

BLCN:

-47.66%

ROBO:

-22.39%

Returns By Period

In the year-to-date period, BLCN achieves a 9.69% return, which is significantly higher than ROBO's -2.51% return.


BLCN

YTD

9.69%

1M

-4.72%

6M

0.13%

1Y

13.05%

5Y*

1.43%

10Y*

N/A

ROBO

YTD

-2.51%

1M

0.38%

6M

0.52%

1Y

-1.62%

5Y*

5.99%

10Y*

8.21%

Compare stocks, funds, or ETFs

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


BLCN vs. ROBO - Expense Ratio Comparison

BLCN has a 0.68% expense ratio, which is lower than ROBO's 0.95% expense ratio.


ROBO
ROBO Global Robotics & Automation Index ETF
Expense ratio chart for ROBO: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for BLCN: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

BLCN vs. ROBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and ROBO Global Robotics & Automation Index ETF (ROBO). 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 BLCN, currently valued at 0.42, compared to the broader market0.002.004.000.42-0.00
The chart of Sortino ratio for BLCN, currently valued at 0.86, compared to the broader market-2.000.002.004.006.008.0010.000.860.13
The chart of Omega ratio for BLCN, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.01
The chart of Calmar ratio for BLCN, currently valued at 0.29, compared to the broader market0.005.0010.0015.000.29-0.00
The chart of Martin ratio for BLCN, currently valued at 1.93, compared to the broader market0.0020.0040.0060.0080.00100.001.93-0.00
BLCN
ROBO

The current BLCN Sharpe Ratio is 0.42, which is higher than the ROBO Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of BLCN and ROBO, 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.42
-0.00
BLCN
ROBO

Dividends

BLCN vs. ROBO - Dividend Comparison

BLCN's dividend yield for the trailing twelve months is around 0.66%, more than ROBO's 0.05% yield.


TTM2023202220212020201920182017201620152014
BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
0.66%0.54%1.28%0.56%0.58%1.45%1.15%0.00%0.00%0.00%0.00%
ROBO
ROBO Global Robotics & Automation Index ETF
0.05%0.05%0.00%0.18%0.20%0.37%0.37%0.02%0.19%0.28%0.28%

Drawdowns

BLCN vs. ROBO - Drawdown Comparison

The maximum BLCN drawdown since its inception was -64.38%, which is greater than ROBO's maximum drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for BLCN and ROBO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-47.66%
-22.39%
BLCN
ROBO

Volatility

BLCN vs. ROBO - Volatility Comparison

Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 12.52% compared to ROBO Global Robotics & Automation Index ETF (ROBO) at 4.71%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than ROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
12.52%
4.71%
BLCN
ROBO
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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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