BRMKX vs. RYLD
Compare and contrast key facts about iShares Russell Mid-Cap Index Fund (BRMKX) and Global X Russell 2000 Covered Call ETF (RYLD).
BRMKX is managed by Blackrock. It was launched on May 13, 2015. RYLD is a passively managed fund by Global X that tracks the performance of the CBOE Russell 2000 BuyWrite Index. It was launched on Apr 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRMKX or RYLD.
Key characteristics
| BRMKX | RYLD | |
|---|---|---|
| YTD Return | 20.66% | 10.83% |
| 1Y Return | 37.95% | 14.86% |
| 3Y Return (Ann) | 4.78% | -2.03% |
| 5Y Return (Ann) | 11.85% | 3.69% |
| Sharpe Ratio | 2.78 | 1.50 |
| Sortino Ratio | 3.85 | 2.15 |
| Omega Ratio | 1.48 | 1.30 |
| Calmar Ratio | 2.21 | 0.83 |
| Martin Ratio | 16.43 | 8.90 |
| Ulcer Index | 2.30% | 1.69% |
| Daily Std Dev | 13.55% | 10.06% |
| Max Drawdown | -40.20% | -41.53% |
| Current Drawdown | -0.67% | -6.09% |
Correlation
The correlation between BRMKX and RYLD is 0.84, 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
BRMKX vs. RYLD - Performance Comparison
In the year-to-date period, BRMKX achieves a 20.66% return, which is significantly higher than RYLD's 10.83% 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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BRMKX vs. RYLD - Expense Ratio Comparison
BRMKX has a 0.06% expense ratio, which is lower than RYLD's 0.60% expense ratio.
Risk-Adjusted Performance
BRMKX vs. RYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) and Global X Russell 2000 Covered Call ETF (RYLD). 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
BRMKX vs. RYLD - Dividend Comparison
BRMKX's dividend yield for the trailing twelve months is around 1.48%, less than RYLD's 11.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 1.48% | 1.50% | 1.74% | 1.07% | 1.41% | 1.59% | 1.58% | 2.65% | 1.79% | 0.78% |
RYLD Global X Russell 2000 Covered Call ETF | 11.73% | 12.65% | 13.50% | 12.35% | 10.77% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BRMKX vs. RYLD - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, roughly equal to the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for BRMKX and RYLD. For additional features, visit the drawdowns tool.
Volatility
BRMKX vs. RYLD - Volatility Comparison
iShares Russell Mid-Cap Index Fund (BRMKX) has a higher volatility of 4.08% compared to Global X Russell 2000 Covered Call ETF (RYLD) at 3.43%. This indicates that BRMKX's price experiences larger fluctuations and is considered to be riskier than RYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.