BLNDX vs. COM
Compare and contrast key facts about Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM).
BLNDX is managed by Ultimus Fund. It was launched on Dec 30, 2019. COM is a passively managed fund by Direxion that tracks the performance of the Auspice Broad Commodity ER Index. It was launched on Mar 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLNDX or COM.
Key characteristics
| BLNDX | COM | |
|---|---|---|
| YTD Return | 12.34% | 6.65% |
| 1Y Return | 16.53% | -1.63% |
| 3Y Return (Ann) | 9.51% | 7.63% |
| Sharpe Ratio | 1.69 | -0.27 |
| Daily Std Dev | 9.97% | 7.02% |
| Max Drawdown | -9.33% | -15.95% |
| Current Drawdown | -2.15% | -7.11% |
Correlation
The correlation between BLNDX and COM is 0.37, 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
BLNDX vs. COM - Performance Comparison
In the year-to-date period, BLNDX achieves a 12.34% return, which is significantly higher than COM's 6.65% 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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BLNDX vs. COM - Expense Ratio Comparison
BLNDX has a 1.27% expense ratio, which is higher than COM's 0.70% expense ratio.
Risk-Adjusted Performance
BLNDX vs. COM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM). 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
BLNDX vs. COM - Dividend Comparison
BLNDX's dividend yield for the trailing twelve months is around 3.30%, less than COM's 4.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
BLNDX Standpoint Multi-Asset Fund Institutional | 3.30% | 3.71% | 2.67% | 6.11% | 1.21% | 0.00% | 0.00% | 0.00% |
COM Direxion Auspice Broad Commodity Strategy ETF | 4.56% | 3.80% | 8.59% | 10.32% | 0.13% | 1.09% | 2.36% | 0.09% |
Drawdowns
BLNDX vs. COM - Drawdown Comparison
The maximum BLNDX drawdown since its inception was -9.33%, smaller than the maximum COM drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for BLNDX and COM. For additional features, visit the drawdowns tool.
Volatility
BLNDX vs. COM - Volatility Comparison
The current volatility for Standpoint Multi-Asset Fund Institutional (BLNDX) is 2.45%, while Direxion Auspice Broad Commodity Strategy ETF (COM) has a volatility of 2.61%. This indicates that BLNDX experiences smaller price fluctuations and is considered to be less risky than COM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.