Correlation
The correlation between EKG and BBP is 0.56, 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.
EKG vs. BBP
Compare and contrast key facts about First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) and Virtus LifeSci Biotech Products ETF (BBP).
EKG and BBP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EKG is a passively managed fund by First Trust that tracks the performance of the NASDAQ Lux Health Tech Index. It was launched on Mar 22, 2022. BBP is a passively managed fund by Virtus Investment Partners that tracks the performance of the LifeSci Biotechnology Products Index. It was launched on Dec 17, 2014. Both EKG and BBP 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: EKG or BBP.
Performance
EKG vs. BBP - Performance Comparison
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Key characteristics
EKG:
0.30
BBP:
-0.04
EKG:
0.53
BBP:
0.17
EKG:
1.07
BBP:
1.02
EKG:
0.18
BBP:
-0.00
EKG:
0.79
BBP:
-0.00
EKG:
8.00%
BBP:
10.01%
EKG:
25.88%
BBP:
25.40%
EKG:
-43.82%
BBP:
-44.32%
EKG:
-20.82%
BBP:
-17.68%
Returns By Period
In the year-to-date period, EKG achieves a 0.54% return, which is significantly higher than BBP's -6.53% return.
EKG
0.54%
8.03%
-5.81%
8.87%
3.21%
N/A
N/A
BBP
-6.53%
-4.26%
-14.58%
-0.74%
14.04%
4.10%
5.59%
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EKG vs. BBP - Expense Ratio Comparison
EKG has a 0.65% expense ratio, which is lower than BBP's 0.79% expense ratio.
Risk-Adjusted Performance
EKG vs. BBP — Risk-Adjusted Performance Rank
EKG
BBP
EKG vs. BBP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) and Virtus LifeSci Biotech Products ETF (BBP). 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.
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Dividends
EKG vs. BBP - Dividend Comparison
Neither EKG nor BBP has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
EKG First Trust Nasdaq Lux Digital Health Solutions ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBP Virtus LifeSci Biotech Products ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.00% | 1.29% |
Drawdowns
EKG vs. BBP - Drawdown Comparison
The maximum EKG drawdown since its inception was -43.82%, roughly equal to the maximum BBP drawdown of -44.32%. Use the drawdown chart below to compare losses from any high point for EKG and BBP.
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Volatility
EKG vs. BBP - Volatility Comparison
The current volatility for First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is 7.45%, while Virtus LifeSci Biotech Products ETF (BBP) has a volatility of 8.72%. This indicates that EKG experiences smaller price fluctuations and is considered to be less risky than BBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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