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BTEK vs. IVES
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BTEK and IVES is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

BTEK vs. IVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Tech ETF (BTEK) and Wedbush ETFMG Global Cloud Technology ETF (IVES). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-12.50%
11.40%
BTEK
IVES

Key characteristics

Returns By Period


BTEK

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

IVES

YTD

19.73%

1M

1.46%

6M

11.45%

1Y

20.19%

5Y*

5.99%

10Y*

N/A

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BTEK vs. IVES - Expense Ratio Comparison

BTEK has a 0.88% expense ratio, which is higher than IVES's 0.68% expense ratio.


BTEK
Future Tech ETF
Expense ratio chart for BTEK: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for IVES: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

BTEK vs. IVES - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and Wedbush ETFMG Global Cloud Technology ETF (IVES). 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 BTEK, currently valued at -0.00, compared to the broader market0.002.004.00-0.000.90
The chart of Sortino ratio for BTEK, currently valued at 18.73, compared to the broader market-2.000.002.004.006.008.0010.0018.731.34
The chart of Omega ratio for BTEK, currently valued at 8.55, compared to the broader market0.501.001.502.002.503.008.551.17
The chart of Calmar ratio for BTEK, currently valued at -0.01, compared to the broader market0.005.0010.0015.00-0.010.57
The chart of Martin ratio for BTEK, currently valued at -0.02, compared to the broader market0.0020.0040.0060.0080.00100.00-0.024.05
BTEK
IVES


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.00
0.90
BTEK
IVES

Dividends

BTEK vs. IVES - Dividend Comparison

BTEK has not paid dividends to shareholders, while IVES's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016
BTEK
Future Tech ETF
100.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IVES
Wedbush ETFMG Global Cloud Technology ETF
0.02%0.00%0.00%0.00%0.39%1.16%0.38%1.02%0.64%

Drawdowns

BTEK vs. IVES - Drawdown Comparison


-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-98.50%
-17.39%
BTEK
IVES

Volatility

BTEK vs. IVES - Volatility Comparison

The current volatility for Future Tech ETF (BTEK) is 0.00%, while Wedbush ETFMG Global Cloud Technology ETF (IVES) has a volatility of 8.06%. This indicates that BTEK experiences smaller price fluctuations and is considered to be less risky than IVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember0
8.06%
BTEK
IVES
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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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