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BPTRX vs. FBGX

Last updated May 27, 2023

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


BPTRXFBGX
YTD Return20.20%41.51%
1Y Return-1.18%12.93%
5Y Return (Ann)23.92%16.23%
10Y Return (Ann)18.92%20.89%
Sharpe Ratio0.100.43
Daily Std Dev38.18%49.32%
Max Drawdown-65.33%-59.88%

Correlation

0.79
-1.001.00

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.


250.00%300.00%350.00%400.00%450.00%December2023FebruaryMarchAprilMay
342.98%
443.65%
BPTRX
FBGX

Compare stocks, funds, or ETFs


Baron Partners Fund

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.


TTM202220212020201920182017201620152014
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 has a 1.36% expense ratio, which is higher than FBGX's 1.29% expense ratio.

1.36%
0.00%2.15%

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BPTRX
Baron Partners Fund
0.10
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
0.43

BPTRX vs. FBGX - Sharpe Ratio Comparison

The current BPTRX Sharpe Ratio is 0.10, which is lower than the FBGX Sharpe Ratio of 0.43. The chart below compares the 12-month rolling Sharpe Ratio of BPTRX and FBGX.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.10
0.43
BPTRX
FBGX

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


-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%-30.00%December2023FebruaryMarchAprilMay
-37.25%
-39.68%
BPTRX
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.


10.00%15.00%20.00%December2023FebruaryMarchAprilMay
6.39%
8.79%
BPTRX
FBGX