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BTEC vs. BBP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTEC and BBP is 0.74, 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.


-0.50.00.51.00.7

Performance

BTEC vs. BBP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Healthcare Innovators Index ETF (BTEC) and Virtus LifeSci Biotech Products ETF (BBP). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
6.70%
1.25%
BTEC
BBP

Key characteristics

Returns By Period


BTEC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

BBP

YTD

3.73%

1M

-2.61%

6M

3.04%

1Y

8.07%

5Y*

6.43%

10Y*

9.30%

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BTEC vs. BBP - Expense Ratio Comparison

BTEC has a 0.42% expense ratio, which is lower than BBP's 0.79% expense ratio.


BBP
Virtus LifeSci Biotech Products ETF
Expense ratio chart for BBP: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for BTEC: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

BTEC vs. BBP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Healthcare Innovators Index ETF (BTEC) and Virtus LifeSci Biotech Products ETF (BBP). 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
The chart of Sharpe ratio for BTEC, currently valued at 0.89, compared to the broader market0.002.004.000.890.43
The chart of Sortino ratio for BTEC, currently valued at 1.38, compared to the broader market-2.000.002.004.006.008.0010.001.380.74
The chart of Omega ratio for BTEC, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.09
The chart of Calmar ratio for BTEC, currently valued at 0.34, compared to the broader market0.005.0010.0015.000.340.48
The chart of Martin ratio for BTEC, currently valued at 3.00, compared to the broader market0.0020.0040.0060.0080.00100.003.001.23
BTEC
BBP


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.89
0.43
BTEC
BBP

Dividends

BTEC vs. BBP - Dividend Comparison

Neither BTEC nor BBP has paid dividends to shareholders.


TTM202320222021202020192018201720162015
BTEC
Principal Healthcare Innovators Index ETF
0.00%0.00%0.00%0.96%0.37%0.00%0.00%0.13%0.00%0.00%
BBP
Virtus LifeSci Biotech Products ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.00%1.29%

Drawdowns

BTEC vs. BBP - Drawdown Comparison


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.68%
-11.57%
BTEC
BBP

Volatility

BTEC vs. BBP - Volatility Comparison

The current volatility for Principal Healthcare Innovators Index ETF (BTEC) is 0.00%, while Virtus LifeSci Biotech Products ETF (BBP) has a volatility of 7.12%. This indicates that BTEC experiences smaller price fluctuations and is considered to be less risky than BBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
7.12%
BTEC
BBP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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