Correlation
The correlation between EKG and GLTR is 0.22, 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.
EKG vs. GLTR
Compare and contrast key facts about First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR).
EKG and GLTR 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. GLTR is a passively managed fund by Abrdn Plc that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010. Both EKG and GLTR 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 GLTR.
Performance
EKG vs. GLTR - Performance Comparison
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Key characteristics
EKG:
0.30
GLTR:
1.37
EKG:
0.53
GLTR:
1.78
EKG:
1.07
GLTR:
1.22
EKG:
0.18
GLTR:
1.85
EKG:
0.79
GLTR:
5.83
EKG:
8.00%
GLTR:
4.24%
EKG:
25.88%
GLTR:
19.60%
EKG:
-43.82%
GLTR:
-55.70%
EKG:
-20.82%
GLTR:
-2.45%
Returns By Period
In the year-to-date period, EKG achieves a 0.54% return, which is significantly lower than GLTR's 21.30% return.
EKG
0.54%
8.03%
-5.81%
8.87%
3.21%
N/A
N/A
GLTR
21.30%
2.41%
17.61%
28.08%
14.68%
10.18%
8.00%
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EKG vs. GLTR - Expense Ratio Comparison
EKG has a 0.65% expense ratio, which is higher than GLTR's 0.60% expense ratio.
Risk-Adjusted Performance
EKG vs. GLTR — Risk-Adjusted Performance Rank
EKG
GLTR
EKG vs. GLTR - 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 Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). 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. GLTR - Dividend Comparison
Neither EKG nor GLTR has paid dividends to shareholders.
Drawdowns
EKG vs. GLTR - Drawdown Comparison
The maximum EKG drawdown since its inception was -43.82%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for EKG and GLTR.
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Volatility
EKG vs. GLTR - Volatility Comparison
First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) have volatilities of 7.45% and 7.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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