ETIDX vs. CATH
Compare and contrast key facts about Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values Custom ETF (CATH).
ETIDX is managed by Eventide Funds. It was launched on Sep 29, 2017. CATH is a passively managed fund by Global X that tracks the performance of the S&P 500 Catholic Values Index. It was launched on Apr 18, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIDX or CATH.
Key characteristics
| ETIDX | CATH | |
|---|---|---|
| YTD Return | 25.17% | 25.41% |
| 1Y Return | 33.86% | 33.73% |
| 3Y Return (Ann) | 4.61% | 8.90% |
| 5Y Return (Ann) | 14.34% | 15.01% |
| Sharpe Ratio | 2.68 | 2.93 |
| Sortino Ratio | 3.68 | 3.94 |
| Omega Ratio | 1.44 | 1.55 |
| Calmar Ratio | 2.34 | 4.28 |
| Martin Ratio | 17.90 | 18.40 |
| Ulcer Index | 2.09% | 1.99% |
| Daily Std Dev | 14.00% | 12.46% |
| Max Drawdown | -34.12% | -33.95% |
| Current Drawdown | -0.74% | -0.43% |
Correlation
The correlation between ETIDX and CATH is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ETIDX vs. CATH - Performance Comparison
The year-to-date returns for both investments are quite close, with ETIDX having a 25.17% return and CATH slightly higher at 25.41%. 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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ETIDX vs. CATH - Expense Ratio Comparison
ETIDX has a 0.95% expense ratio, which is higher than CATH's 0.29% expense ratio.
Risk-Adjusted Performance
ETIDX vs. CATH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values Custom ETF (CATH). 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
ETIDX vs. CATH - Dividend Comparison
ETIDX's dividend yield for the trailing twelve months is around 0.50%, less than CATH's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ETIDX Eventide Dividend Opportunities Fund | 0.50% | 0.67% | 1.34% | 1.14% | 1.06% | 1.99% | 2.17% | 0.30% | 0.00% |
CATH Global X S&P 500 Catholic Values Custom ETF | 0.93% | 1.16% | 1.34% | 1.03% | 1.23% | 1.45% | 2.01% | 1.27% | 0.50% |
Drawdowns
ETIDX vs. CATH - Drawdown Comparison
The maximum ETIDX drawdown since its inception was -34.12%, roughly equal to the maximum CATH drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for ETIDX and CATH. For additional features, visit the drawdowns tool.
Volatility
ETIDX vs. CATH - Volatility Comparison
Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values Custom ETF (CATH) have volatilities of 3.92% and 3.97%, 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.