EDOC vs. AGNG
Compare and contrast key facts about Global X Telemedicine & Digital Health ETF (EDOC) and Global X Aging Population ETF (AGNG).
EDOC and AGNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDOC is a passively managed fund by Global X that tracks the performance of the Solactive Telemedicine & Digital Health Index- TR Net. It was launched on Jul 29, 2020. AGNG is a passively managed fund by Global X that tracks the performance of the Indxx Aging Population Thematic Index. It was launched on May 9, 2016. Both EDOC and AGNG 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: EDOC or AGNG.
Key characteristics
| EDOC | AGNG | |
|---|---|---|
| YTD Return | -0.20% | 12.13% |
| 1Y Return | 22.57% | 25.27% |
| 3Y Return (Ann) | -17.96% | 2.99% |
| Sharpe Ratio | 0.96 | 2.22 |
| Sortino Ratio | 1.47 | 3.07 |
| Omega Ratio | 1.17 | 1.39 |
| Calmar Ratio | 0.37 | 1.56 |
| Martin Ratio | 2.58 | 12.41 |
| Ulcer Index | 9.17% | 2.10% |
| Daily Std Dev | 24.56% | 11.76% |
| Max Drawdown | -64.25% | -30.58% |
| Current Drawdown | -55.37% | -4.19% |
Correlation
The correlation between EDOC and AGNG is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EDOC vs. AGNG - Performance Comparison
In the year-to-date period, EDOC achieves a -0.20% return, which is significantly lower than AGNG's 12.13% 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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EDOC vs. AGNG - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than AGNG's 0.50% expense ratio.
Risk-Adjusted Performance
EDOC vs. AGNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) and Global X Aging Population ETF (AGNG). 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
EDOC vs. AGNG - Dividend Comparison
EDOC has not paid dividends to shareholders, while AGNG's dividend yield for the trailing twelve months is around 0.71%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
AGNG Global X Aging Population ETF | 0.71% | 0.96% | 0.49% | 0.72% | 0.36% | 0.84% | 1.00% | 1.03% | 1.05% |
Drawdowns
EDOC vs. AGNG - Drawdown Comparison
The maximum EDOC drawdown since its inception was -64.25%, which is greater than AGNG's maximum drawdown of -30.58%. Use the drawdown chart below to compare losses from any high point for EDOC and AGNG. For additional features, visit the drawdowns tool.
Volatility
EDOC vs. AGNG - Volatility Comparison
Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 7.29% compared to Global X Aging Population ETF (AGNG) at 3.53%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than AGNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.