BRIIX vs. CNQ
Compare and contrast key facts about Baron Real Estate Income Fund (BRIIX) and Canadian Natural Resources Limited (CNQ).
BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRIIX or CNQ.
Key characteristics
| BRIIX | CNQ | |
|---|---|---|
| YTD Return | -3.65% | 15.14% |
| 1Y Return | 6.99% | 42.51% |
| 3Y Return (Ann) | -2.46% | 40.72% |
| 5Y Return (Ann) | 7.56% | 28.51% |
| Sharpe Ratio | 0.44 | 1.41 |
| Daily Std Dev | 17.46% | 27.77% |
| Max Drawdown | -37.06% | -81.38% |
| Current Drawdown | -19.30% | -9.32% |
Correlation
The correlation between BRIIX and CNQ is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BRIIX vs. CNQ - Performance Comparison
In the year-to-date period, BRIIX achieves a -3.65% return, which is significantly lower than CNQ's 15.14% 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
BRIIX vs. CNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Income Fund (BRIIX) and Canadian Natural Resources Limited (CNQ). 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
BRIIX vs. CNQ - Dividend Comparison
BRIIX's dividend yield for the trailing twelve months is around 2.02%, less than CNQ's 3.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRIIX Baron Real Estate Income Fund | 2.02% | 1.94% | 2.00% | 1.42% | 0.77% | 1.12% | 3.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CNQ Canadian Natural Resources Limited | 3.83% | 4.17% | 6.29% | 3.69% | 5.14% | 3.42% | 4.52% | 2.34% | 2.19% | 3.20% | 2.58% | 1.60% |
Drawdowns
BRIIX vs. CNQ - Drawdown Comparison
The maximum BRIIX drawdown since its inception was -37.06%, smaller than the maximum CNQ drawdown of -81.38%. Use the drawdown chart below to compare losses from any high point for BRIIX and CNQ. For additional features, visit the drawdowns tool.
Volatility
BRIIX vs. CNQ - Volatility Comparison
Baron Real Estate Income Fund (BRIIX) and Canadian Natural Resources Limited (CNQ) have volatilities of 5.69% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.