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BYD vs. VWO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BYD and VWO is 0.47, 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.


-0.50.00.51.00.5

Performance

BYD vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boyd Gaming Corporation (BYD) and Vanguard FTSE Emerging Markets ETF (VWO). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
52.11%
201.16%
BYD
VWO

Key characteristics

Sharpe Ratio

BYD:

0.61

VWO:

1.05

Sortino Ratio

BYD:

0.93

VWO:

1.54

Omega Ratio

BYD:

1.15

VWO:

1.19

Calmar Ratio

BYD:

0.58

VWO:

0.66

Martin Ratio

BYD:

1.57

VWO:

4.30

Ulcer Index

BYD:

11.25%

VWO:

3.64%

Daily Std Dev

BYD:

28.99%

VWO:

14.94%

Max Drawdown

BYD:

-94.49%

VWO:

-67.68%

Current Drawdown

BYD:

-5.66%

VWO:

-10.25%

Returns By Period

In the year-to-date period, BYD achieves a 14.97% return, which is significantly higher than VWO's 11.50% return. Over the past 10 years, BYD has outperformed VWO with an annualized return of 20.08%, while VWO has yielded a comparatively lower 4.14% annualized return.


BYD

YTD

14.97%

1M

-0.55%

6M

32.95%

1Y

16.38%

5Y*

19.50%

10Y*

20.08%

VWO

YTD

11.50%

1M

0.16%

6M

3.77%

1Y

13.82%

5Y*

3.23%

10Y*

4.14%

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Risk-Adjusted Performance

BYD vs. VWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Boyd Gaming Corporation (BYD) and Vanguard FTSE Emerging Markets ETF (VWO). 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 BYD, currently valued at 0.61, compared to the broader market-4.00-2.000.002.000.611.05
The chart of Sortino ratio for BYD, currently valued at 0.93, compared to the broader market-4.00-2.000.002.004.000.931.54
The chart of Omega ratio for BYD, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.19
The chart of Calmar ratio for BYD, currently valued at 0.58, compared to the broader market0.002.004.006.000.580.66
The chart of Martin ratio for BYD, currently valued at 1.57, compared to the broader market-5.000.005.0010.0015.0020.0025.001.574.30
BYD
VWO

The current BYD Sharpe Ratio is 0.61, which is lower than the VWO Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of BYD and VWO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.61
1.05
BYD
VWO

Dividends

BYD vs. VWO - Dividend Comparison

BYD's dividend yield for the trailing twelve months is around 0.96%, less than VWO's 3.17% yield.


TTM20232022202120202019201820172016201520142013
BYD
Boyd Gaming Corporation
0.96%1.02%1.36%0.00%0.00%0.90%1.11%0.43%0.00%0.00%0.00%0.00%
VWO
Vanguard FTSE Emerging Markets ETF
3.17%3.52%4.11%2.63%1.91%3.24%2.88%2.30%2.52%3.26%2.86%2.73%

Drawdowns

BYD vs. VWO - Drawdown Comparison

The maximum BYD drawdown since its inception was -94.49%, which is greater than VWO's maximum drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for BYD and VWO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.66%
-10.25%
BYD
VWO

Volatility

BYD vs. VWO - Volatility Comparison

Boyd Gaming Corporation (BYD) has a higher volatility of 6.08% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 4.30%. This indicates that BYD's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.08%
4.30%
BYD
VWO
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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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