DEFI vs. VOXX
Compare and contrast key facts about Hashdex Bitcoin Futures ETF (DEFI) and VOXX International Corporation (VOXX).
DEFI is a passively managed fund by Hashdex that tracks the performance of the HDEFI – Hashdex U.S. Bitcoin Futures Fund Benchmark Index. It was launched on Sep 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEFI or VOXX.
Performance
DEFI vs. VOXX - Performance Comparison
Returns By Period
In the year-to-date period, DEFI achieves a 105.10% return, which is significantly higher than VOXX's -39.23% return.
DEFI
105.10%
34.64%
35.72%
134.73%
N/A
N/A
VOXX
-39.23%
-17.01%
62.25%
-36.50%
5.36%
-2.62%
Key characteristics
| DEFI | VOXX | |
|---|---|---|
| Sharpe Ratio | 2.19 | -0.36 |
| Sortino Ratio | 2.74 | -0.04 |
| Omega Ratio | 1.32 | 0.99 |
| Calmar Ratio | 4.38 | -0.37 |
| Martin Ratio | 9.87 | -0.74 |
| Ulcer Index | 12.62% | 47.82% |
| Daily Std Dev | 56.94% | 98.28% |
| Max Drawdown | -28.43% | -97.39% |
| Current Drawdown | 0.00% | -90.73% |
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Correlation
The correlation between DEFI and VOXX is 0.16, 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
DEFI vs. VOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hashdex Bitcoin Futures ETF (DEFI) and VOXX International Corporation (VOXX). 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
DEFI vs. VOXX - Dividend Comparison
Neither DEFI nor VOXX has paid dividends to shareholders.
Drawdowns
DEFI vs. VOXX - Drawdown Comparison
The maximum DEFI drawdown since its inception was -28.43%, smaller than the maximum VOXX drawdown of -97.39%. Use the drawdown chart below to compare losses from any high point for DEFI and VOXX. For additional features, visit the drawdowns tool.
Volatility
DEFI vs. VOXX - Volatility Comparison
Hashdex Bitcoin Futures ETF (DEFI) has a higher volatility of 18.39% compared to VOXX International Corporation (VOXX) at 13.51%. This indicates that DEFI's price experiences larger fluctuations and is considered to be riskier than VOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.