ETIEX vs. BOTZ
Compare and contrast key facts about Eventide Exponential Technologies Fund (ETIEX) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ).
ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020. BOTZ is a passively managed fund by Global X that tracks the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIEX or BOTZ.
Key characteristics
| ETIEX | BOTZ | |
|---|---|---|
| YTD Return | -0.23% | 14.51% |
| 1Y Return | 15.17% | 27.30% |
| 3Y Return (Ann) | -13.71% | -4.87% |
| Sharpe Ratio | 0.60 | 1.31 |
| Sortino Ratio | 0.98 | 1.83 |
| Omega Ratio | 1.12 | 1.23 |
| Calmar Ratio | 0.29 | 0.79 |
| Martin Ratio | 1.22 | 5.27 |
| Ulcer Index | 11.82% | 5.29% |
| Daily Std Dev | 24.23% | 21.26% |
| Max Drawdown | -54.41% | -55.54% |
| Current Drawdown | -37.33% | -17.71% |
Correlation
The correlation between ETIEX and BOTZ is 0.77, 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
ETIEX vs. BOTZ - Performance Comparison
In the year-to-date period, ETIEX achieves a -0.23% return, which is significantly lower than BOTZ's 14.51% 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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ETIEX vs. BOTZ - Expense Ratio Comparison
ETIEX has a 1.43% expense ratio, which is higher than BOTZ's 0.68% expense ratio.
Risk-Adjusted Performance
ETIEX vs. BOTZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Exponential Technologies Fund (ETIEX) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ). 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
ETIEX vs. BOTZ - Dividend Comparison
ETIEX has not paid dividends to shareholders, while BOTZ's dividend yield for the trailing twelve months is around 0.14%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ETIEX Eventide Exponential Technologies Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF | 0.14% | 0.20% | 0.23% | 0.16% | 0.19% | 0.83% | 1.44% | 0.01% | 0.06% |
Drawdowns
ETIEX vs. BOTZ - Drawdown Comparison
The maximum ETIEX drawdown since its inception was -54.41%, roughly equal to the maximum BOTZ drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for ETIEX and BOTZ. For additional features, visit the drawdowns tool.
Volatility
ETIEX vs. BOTZ - Volatility Comparison
Eventide Exponential Technologies Fund (ETIEX) has a higher volatility of 6.70% compared to Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) at 5.50%. This indicates that ETIEX's price experiences larger fluctuations and is considered to be riskier than BOTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.