CSPI vs. BULZ
Compare and contrast key facts about CSP Inc. (CSPI) and MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ).
BULZ is a passively managed fund by BMO Financial Group that tracks the performance of the Solactive FANG Innovation. It was launched on Aug 17, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSPI or BULZ.
Performance
CSPI vs. BULZ - Performance Comparison
Returns By Period
In the year-to-date period, CSPI achieves a 31.41% return, which is significantly lower than BULZ's 51.57% return.
CSPI
31.41%
-3.34%
-13.63%
6.93%
17.36%
15.95%
BULZ
51.57%
7.85%
16.13%
82.99%
N/A
N/A
Key characteristics
| CSPI | BULZ | |
|---|---|---|
| Sharpe Ratio | 0.13 | 1.20 |
| Sortino Ratio | 0.87 | 1.73 |
| Omega Ratio | 1.11 | 1.23 |
| Calmar Ratio | 0.20 | 1.10 |
| Martin Ratio | 0.28 | 4.22 |
| Ulcer Index | 41.94% | 20.00% |
| Daily Std Dev | 90.66% | 70.35% |
| Max Drawdown | -85.01% | -94.44% |
| Current Drawdown | -54.23% | -53.92% |
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Correlation
The correlation between CSPI and BULZ is 0.18, 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.
Risk-Adjusted Performance
CSPI vs. BULZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CSP Inc. (CSPI) and MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ). 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
CSPI vs. BULZ - Dividend Comparison
CSPI's dividend yield for the trailing twelve months is around 0.82%, while BULZ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSPI CSP Inc. | 0.82% | 0.77% | 0.64% | 0.00% | 1.94% | 5.75% | 3.77% | 3.48% | 3.12% | 6.34% | 6.03% | 3.71% |
BULZ MicroSectors Solactive FANG & Innovation 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CSPI vs. BULZ - Drawdown Comparison
The maximum CSPI drawdown since its inception was -85.01%, smaller than the maximum BULZ drawdown of -94.44%. Use the drawdown chart below to compare losses from any high point for CSPI and BULZ. For additional features, visit the drawdowns tool.
Volatility
CSPI vs. BULZ - Volatility Comparison
The current volatility for CSP Inc. (CSPI) is 9.94%, while MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has a volatility of 22.91%. This indicates that CSPI experiences smaller price fluctuations and is considered to be less risky than BULZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.