CABA vs. CATH
Compare and contrast key facts about Cabaletta Bio, Inc. (CABA) and Global X S&P 500 Catholic Values Custom ETF (CATH).
CATH is a passively managed fund by Global X that tracks the performance of the S&P 500 Catholic Values Index. It was launched on Apr 18, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CABA or CATH.
Key characteristics
| CABA | CATH | |
|---|---|---|
| YTD Return | -82.38% | 19.19% |
| 1Y Return | -75.00% | 31.32% |
| 3Y Return (Ann) | -32.54% | 6.99% |
| 5Y Return (Ann) | -18.37% | 14.18% |
| Sharpe Ratio | -0.82 | 2.66 |
| Sortino Ratio | -1.31 | 3.57 |
| Omega Ratio | 0.83 | 1.50 |
| Calmar Ratio | -0.86 | 2.82 |
| Martin Ratio | -1.36 | 16.44 |
| Ulcer Index | 54.68% | 1.98% |
| Daily Std Dev | 91.03% | 12.24% |
| Max Drawdown | -96.63% | -33.95% |
| Current Drawdown | -84.24% | -2.47% |
Correlation
The correlation between CABA and CATH is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CABA vs. CATH - Performance Comparison
In the year-to-date period, CABA achieves a -82.38% return, which is significantly lower than CATH's 19.19% 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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Risk-Adjusted Performance
CABA vs. CATH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cabaletta Bio, Inc. (CABA) and Global X S&P 500 Catholic Values Custom ETF (CATH). 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
CABA vs. CATH - Dividend Comparison
CABA has not paid dividends to shareholders, while CATH's dividend yield for the trailing twelve months is around 0.98%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
CABA Cabaletta Bio, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CATH Global X S&P 500 Catholic Values Custom ETF | 0.98% | 1.16% | 1.34% | 1.03% | 1.23% | 1.45% | 2.01% | 1.25% | 0.49% |
Drawdowns
CABA vs. CATH - Drawdown Comparison
The maximum CABA drawdown since its inception was -96.63%, which is greater than CATH's maximum drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for CABA and CATH. For additional features, visit the drawdowns tool.
Volatility
CABA vs. CATH - Volatility Comparison
Cabaletta Bio, Inc. (CABA) has a higher volatility of 26.43% compared to Global X S&P 500 Catholic Values Custom ETF (CATH) at 3.20%. This indicates that CABA's price experiences larger fluctuations and is considered to be riskier than CATH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.