BPTRX vs. FBGX
Compare and contrast key facts about Baron Partners Fund (BPTRX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX).
BPTRX is managed by Baron Capital Group, Inc.. It was launched on Apr 30, 2003. FBGX is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth Index (200%). It was launched on Jun 11, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BPTRX or FBGX.
Key characteristics
| BPTRX | FBGX | |
|---|---|---|
| YTD Return | 20.20% | 41.51% |
| 1Y Return | -1.18% | 12.93% |
| 5Y Return (Ann) | 23.92% | 16.23% |
| 10Y Return (Ann) | 18.92% | 20.89% |
| Sharpe Ratio | 0.10 | 0.43 |
| Daily Std Dev | 38.18% | 49.32% |
| Max Drawdown | -65.33% | -59.88% |
Correlation
The correlation between BPTRX and FBGX is 0.79, 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.
BPTRX vs. FBGX - Performance Comparison
In the year-to-date period, BPTRX achieves a 20.20% return, which is significantly lower than FBGX's 41.51% return. Over the past 10 years, BPTRX has underperformed FBGX with an annualized return of 18.92%, while FBGX has yielded a comparatively higher 20.89% 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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BPTRX vs. FBGX - Dividend Comparison
BPTRX's dividend yield for the trailing twelve months is around 2.65%, while FBGX has not paid dividends to shareholders.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
BPTRX Baron Partners Fund | 2.65% | 3.19% | 7.91% | 4.08% | 0.30% | 0.00% | 0.00% | 0.00% | 0.41% | 0.00% |
FBGX UBS AG FI Enhanced Large Cap Growth ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BPTRX vs. FBGX - Expense Ratio Comparison
BPTRX vs. FBGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Partners Fund (BPTRX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BPTRX Baron Partners Fund | 0.10 | ||||
FBGX UBS AG FI Enhanced Large Cap Growth ETN | 0.43 |
BPTRX vs. FBGX - Drawdown Comparison
The maximum BPTRX drawdown for the period was -49.87%, roughly equal to the maximum FBGX drawdown of -59.13%. The drawdown chart below compares losses from any high point along the way for BPTRX and FBGX
BPTRX vs. FBGX - Volatility Comparison
The current volatility for Baron Partners Fund (BPTRX) is 6.39%, while UBS AG FI Enhanced Large Cap Growth ETN (FBGX) has a volatility of 8.79%. This indicates that BPTRX experiences smaller price fluctuations and is considered to be less risky than FBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.