BOIL.L vs. ^VIX
Compare and contrast key facts about Baron Oil plc (BOIL.L) and CBOE Volatility Index (^VIX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOIL.L or ^VIX.
Key characteristics
| BOIL.L | ^VIX | |
|---|---|---|
| YTD Return | -28.89% | 6.27% |
| 1Y Return | -45.53% | -22.08% |
| 3Y Return (Ann) | -11.57% | -7.21% |
| 5Y Return (Ann) | -13.77% | -6.86% |
| 10Y Return (Ann) | -27.17% | 0.23% |
| Sharpe Ratio | -0.47 | -0.26 |
| Daily Std Dev | 95.20% | 80.13% |
| Max Drawdown | -99.74% | -88.70% |
| Current Drawdown | -99.63% | -84.00% |
Correlation
The correlation between BOIL.L and ^VIX is -0.07. 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.
Performance
BOIL.L vs. ^VIX - Performance Comparison
In the year-to-date period, BOIL.L achieves a -28.89% return, which is significantly lower than ^VIX's 6.27% return. Over the past 10 years, BOIL.L has underperformed ^VIX with an annualized return of -27.17%, while ^VIX has yielded a comparatively higher 0.23% 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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Risk-Adjusted Performance
BOIL.L vs. ^VIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Oil plc (BOIL.L) 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.
Drawdowns
BOIL.L vs. ^VIX - Drawdown Comparison
The maximum BOIL.L drawdown since its inception was -99.74%, which is greater than ^VIX's maximum drawdown of -88.70%. Use the drawdown chart below to compare losses from any high point for BOIL.L and ^VIX. For additional features, visit the drawdowns tool.
Volatility
BOIL.L vs. ^VIX - Volatility Comparison
The current volatility for Baron Oil plc (BOIL.L) is 22.51%, while CBOE Volatility Index (^VIX) has a volatility of 28.13%. This indicates that BOIL.L 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.