BRASX vs. AVSF
Compare and contrast key facts about BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Avantis Short-Term Fixed Income ETF (AVSF).
BRASX is managed by Blackrock. It was launched on Sep 30, 2004. AVSF is an actively managed fund by American Century Investments. It was launched on Oct 15, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRASX or AVSF.
Key characteristics
| BRASX | AVSF | |
|---|---|---|
| YTD Return | 0.47% | 0.22% |
| 1Y Return | 3.96% | 3.09% |
| 3Y Return (Ann) | 0.62% | -0.36% |
| Sharpe Ratio | 1.72 | 1.29 |
| Daily Std Dev | 2.44% | 2.60% |
| Max Drawdown | -10.61% | -8.85% |
| Current Drawdown | -0.44% | -1.57% |
Correlation
The correlation between BRASX and AVSF is 0.73, 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.
Performance
BRASX vs. AVSF - Performance Comparison
In the year-to-date period, BRASX achieves a 0.47% return, which is significantly higher than AVSF's 0.22% 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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BRASX vs. AVSF - Expense Ratio Comparison
BRASX has a 0.00% expense ratio, which is lower than AVSF's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BRASX vs. AVSF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series S Portfolio (BRASX) and Avantis Short-Term Fixed Income ETF (AVSF). 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
BRASX vs. AVSF - Dividend Comparison
BRASX's dividend yield for the trailing twelve months is around 3.97%, less than AVSF's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRASX BlackRock Allocation Target Shares Series S Portfolio | 3.97% | 4.03% | 2.85% | 1.60% | 2.64% | 3.07% | 2.24% | 2.88% | 3.36% | 3.26% | 1.78% | 0.64% |
AVSF Avantis Short-Term Fixed Income ETF | 4.17% | 3.93% | 1.78% | 0.48% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BRASX vs. AVSF - Drawdown Comparison
The maximum BRASX drawdown since its inception was -10.61%, which is greater than AVSF's maximum drawdown of -8.85%. Use the drawdown chart below to compare losses from any high point for BRASX and AVSF. For additional features, visit the drawdowns tool.
Volatility
BRASX vs. AVSF - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series S Portfolio (BRASX) is 0.51%, while Avantis Short-Term Fixed Income ETF (AVSF) has a volatility of 0.79%. This indicates that BRASX experiences smaller price fluctuations and is considered to be less risky than AVSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.