BZQ vs. FBZ
Compare and contrast key facts about ProShares UltraShort MSCI Brazil Capped (BZQ) and First Trust Brazil AlphaDEX Fund (FBZ).
BZQ and FBZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BZQ is a passively managed fund by ProShares that tracks the performance of the MSCI Brazil 25-50 (-200%). It was launched on Jun 16, 2009. FBZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Brazil Index. It was launched on Apr 18, 2011. Both BZQ and FBZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BZQ or FBZ.
Correlation
The correlation between BZQ and FBZ is -0.83. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BZQ vs. FBZ - Performance Comparison
Key characteristics
BZQ:
0.68
FBZ:
-0.51
BZQ:
1.25
FBZ:
-0.58
BZQ:
1.15
FBZ:
0.93
BZQ:
0.30
FBZ:
-0.36
BZQ:
2.65
FBZ:
-1.01
BZQ:
11.42%
FBZ:
11.76%
BZQ:
44.55%
FBZ:
23.33%
BZQ:
-99.61%
FBZ:
-72.41%
BZQ:
-99.42%
FBZ:
-25.08%
Returns By Period
In the year-to-date period, BZQ achieves a -26.01% return, which is significantly lower than FBZ's 10.73% return. Over the past 10 years, BZQ has underperformed FBZ with an annualized return of -33.04%, while FBZ has yielded a comparatively higher 4.14% annualized return.
BZQ
-26.01%
-18.74%
21.70%
37.14%
-29.80%
-33.04%
FBZ
10.73%
8.80%
-12.66%
-12.93%
-3.25%
4.14%
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BZQ vs. FBZ - Expense Ratio Comparison
BZQ has a 0.95% expense ratio, which is higher than FBZ's 0.80% expense ratio.
Risk-Adjusted Performance
BZQ vs. FBZ — Risk-Adjusted Performance Rank
BZQ
FBZ
BZQ vs. FBZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI Brazil Capped (BZQ) and First Trust Brazil AlphaDEX Fund (FBZ). 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
BZQ vs. FBZ - Dividend Comparison
BZQ's dividend yield for the trailing twelve months is around 4.41%, more than FBZ's 4.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BZQ ProShares UltraShort MSCI Brazil Capped | 4.41% | 3.26% | 4.51% | 0.22% | 0.00% | 0.21% | 2.13% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
FBZ First Trust Brazil AlphaDEX Fund | 4.28% | 4.73% | 8.57% | 9.94% | 6.75% | 2.57% | 9.07% | 12.90% | 12.53% | 1.71% | 3.87% | 4.73% |
Drawdowns
BZQ vs. FBZ - Drawdown Comparison
The maximum BZQ drawdown since its inception was -99.61%, which is greater than FBZ's maximum drawdown of -72.41%. Use the drawdown chart below to compare losses from any high point for BZQ and FBZ. For additional features, visit the drawdowns tool.
Volatility
BZQ vs. FBZ - Volatility Comparison
ProShares UltraShort MSCI Brazil Capped (BZQ) has a higher volatility of 12.33% compared to First Trust Brazil AlphaDEX Fund (FBZ) at 6.61%. This indicates that BZQ's price experiences larger fluctuations and is considered to be riskier than FBZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.