CAN vs. VWCE.DE
Compare and contrast key facts about Canaan Inc. (CAN) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).
VWCE.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World Index. It was launched on Jul 23, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAN or VWCE.DE.
Key characteristics
| CAN | VWCE.DE | |
|---|---|---|
| YTD Return | -34.63% | 24.24% |
| 1Y Return | -8.48% | 30.23% |
| 3Y Return (Ann) | -47.46% | 8.60% |
| Sharpe Ratio | -0.05 | 2.88 |
| Sortino Ratio | 0.96 | 3.82 |
| Omega Ratio | 1.10 | 1.59 |
| Calmar Ratio | -0.06 | 3.73 |
| Martin Ratio | -0.11 | 18.16 |
| Ulcer Index | 58.60% | 1.66% |
| Daily Std Dev | 127.90% | 10.42% |
| Max Drawdown | -97.93% | -33.43% |
| Current Drawdown | -95.85% | -0.17% |
Correlation
The correlation between CAN and VWCE.DE is 0.30, 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
CAN vs. VWCE.DE - Performance Comparison
In the year-to-date period, CAN achieves a -34.63% return, which is significantly lower than VWCE.DE's 24.24% 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
CAN vs. VWCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) and Vanguard FTSE All-World UCITS ETF (VWCE.DE). 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
CAN vs. VWCE.DE - Dividend Comparison
Neither CAN nor VWCE.DE has paid dividends to shareholders.
Drawdowns
CAN vs. VWCE.DE - Drawdown Comparison
The maximum CAN drawdown since its inception was -97.93%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for CAN and VWCE.DE. For additional features, visit the drawdowns tool.
Volatility
CAN vs. VWCE.DE - Volatility Comparison
Canaan Inc. (CAN) has a higher volatility of 52.22% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 2.95%. This indicates that CAN's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.