BOGSX vs. USMV
Compare and contrast key facts about Black Oak Emerging Technology Fund (BOGSX) and iShares Edge MSCI Min Vol USA ETF (USMV).
BOGSX is managed by Oak Associates. It was launched on Dec 28, 2000. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOGSX or USMV.
Key characteristics
| BOGSX | USMV | |
|---|---|---|
| YTD Return | 6.87% | 7.97% |
| 1Y Return | 18.34% | 17.30% |
| 3Y Return (Ann) | 4.62% | 6.81% |
| 5Y Return (Ann) | 15.23% | 8.99% |
| 10Y Return (Ann) | 12.82% | 10.78% |
| Sharpe Ratio | 1.07 | 2.11 |
| Daily Std Dev | 18.78% | 8.39% |
| Max Drawdown | -92.80% | -33.10% |
| Current Drawdown | -9.82% | 0.00% |
Correlation
The correlation between BOGSX and USMV is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BOGSX vs. USMV - Performance Comparison
In the year-to-date period, BOGSX achieves a 6.87% return, which is significantly lower than USMV's 7.97% return. Over the past 10 years, BOGSX has outperformed USMV with an annualized return of 12.82%, while USMV has yielded a comparatively lower 10.78% 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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BOGSX vs. USMV - Expense Ratio Comparison
BOGSX has a 1.03% expense ratio, which is higher than USMV's 0.15% expense ratio.
Risk-Adjusted Performance
BOGSX vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Black Oak Emerging Technology Fund (BOGSX) and iShares Edge MSCI Min Vol USA ETF (USMV). 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
BOGSX vs. USMV - Dividend Comparison
BOGSX's dividend yield for the trailing twelve months is around 3.54%, more than USMV's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOGSX Black Oak Emerging Technology Fund | 3.54% | 3.79% | 1.87% | 11.31% | 6.30% | 5.47% | 11.71% | 7.71% | 4.00% | 3.09% | 0.00% | 0.00% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.74% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% | 2.18% |
Drawdowns
BOGSX vs. USMV - Drawdown Comparison
The maximum BOGSX drawdown since its inception was -92.80%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for BOGSX and USMV. For additional features, visit the drawdowns tool.
Volatility
BOGSX vs. USMV - Volatility Comparison
Black Oak Emerging Technology Fund (BOGSX) has a higher volatility of 5.50% compared to iShares Edge MSCI Min Vol USA ETF (USMV) at 1.89%. This indicates that BOGSX's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.