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ERNS.L vs. VOC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ERNS.LVOC
YTD Return4.65%-23.77%
1Y Return5.57%-29.64%
3Y Return (Ann)3.61%12.48%
5Y Return (Ann)2.38%12.69%
10Y Return (Ann)1.57%5.48%
Sharpe Ratio8.04-0.84
Sortino Ratio16.45-1.09
Omega Ratio3.460.87
Calmar Ratio47.45-0.50
Martin Ratio212.84-1.03
Ulcer Index0.03%28.05%
Daily Std Dev0.69%34.66%
Max Drawdown-1.51%-87.00%
Current Drawdown0.00%-53.73%

Correlation

-0.50.00.51.00.1

The correlation between ERNS.L and VOC is 0.08, 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.

Performance

ERNS.L vs. VOC - Performance Comparison

In the year-to-date period, ERNS.L achieves a 4.65% return, which is significantly higher than VOC's -23.77% return. Over the past 10 years, ERNS.L has underperformed VOC with an annualized return of 1.57%, while VOC has yielded a comparatively higher 5.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.77%
-9.42%
ERNS.L
VOC

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Risk-Adjusted Performance

ERNS.L vs. VOC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares £ Ultrashort Bond UCITS ETF (ERNS.L) and VOC Energy Trust (VOC). 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.


ERNS.L
Sharpe ratio
The chart of Sharpe ratio for ERNS.L, currently valued at 1.57, compared to the broader market-2.000.002.004.001.57
Sortino ratio
The chart of Sortino ratio for ERNS.L, currently valued at 2.21, compared to the broader market0.005.0010.002.21
Omega ratio
The chart of Omega ratio for ERNS.L, currently valued at 1.29, compared to the broader market1.001.502.002.503.001.29
Calmar ratio
The chart of Calmar ratio for ERNS.L, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.51
Martin ratio
The chart of Martin ratio for ERNS.L, currently valued at 7.46, compared to the broader market0.0020.0040.0060.0080.00100.007.46
VOC
Sharpe ratio
The chart of Sharpe ratio for VOC, currently valued at -0.91, compared to the broader market-2.000.002.004.00-0.91
Sortino ratio
The chart of Sortino ratio for VOC, currently valued at -1.22, compared to the broader market0.005.0010.00-1.22
Omega ratio
The chart of Omega ratio for VOC, currently valued at 0.86, compared to the broader market1.001.502.002.503.000.86
Calmar ratio
The chart of Calmar ratio for VOC, currently valued at -0.53, compared to the broader market0.005.0010.0015.00-0.53
Martin ratio
The chart of Martin ratio for VOC, currently valued at -1.16, compared to the broader market0.0020.0040.0060.0080.00100.00-1.16

ERNS.L vs. VOC - Sharpe Ratio Comparison

The current ERNS.L Sharpe Ratio is 8.04, which is higher than the VOC Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of ERNS.L and VOC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.57
-0.91
ERNS.L
VOC

Dividends

ERNS.L vs. VOC - Dividend Comparison

ERNS.L's dividend yield for the trailing twelve months is around 5.25%, less than VOC's 15.05% yield.


TTM20232022202120202019201820172016201520142013
ERNS.L
iShares £ Ultrashort Bond UCITS ETF
5.25%4.54%1.14%0.28%0.75%1.04%0.74%0.52%0.81%0.72%0.55%0.06%
VOC
VOC Energy Trust
15.05%12.43%12.30%10.87%10.14%15.01%19.67%8.36%8.96%19.11%34.64%11.55%

Drawdowns

ERNS.L vs. VOC - Drawdown Comparison

The maximum ERNS.L drawdown since its inception was -1.51%, smaller than the maximum VOC drawdown of -87.00%. Use the drawdown chart below to compare losses from any high point for ERNS.L and VOC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-11.74%
-53.73%
ERNS.L
VOC

Volatility

ERNS.L vs. VOC - Volatility Comparison

The current volatility for iShares £ Ultrashort Bond UCITS ETF (ERNS.L) is 2.30%, while VOC Energy Trust (VOC) has a volatility of 12.20%. This indicates that ERNS.L experiences smaller price fluctuations and is considered to be less risky than VOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
2.30%
12.20%
ERNS.L
VOC