PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ETIMX vs. BIBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ETIMXBIBL
YTD Return13.76%18.75%
1Y Return20.34%30.13%
3Y Return (Ann)0.90%2.52%
5Y Return (Ann)7.57%11.89%
Sharpe Ratio2.502.07
Sortino Ratio3.602.90
Omega Ratio1.431.36
Calmar Ratio1.311.71
Martin Ratio15.6012.16
Ulcer Index1.29%2.51%
Daily Std Dev8.03%14.76%
Max Drawdown-23.88%-36.12%
Current Drawdown-1.14%-2.14%

Correlation

-0.50.00.51.00.9

The correlation between ETIMX and BIBL is 0.87, 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

ETIMX vs. BIBL - Performance Comparison

In the year-to-date period, ETIMX achieves a 13.76% return, which is significantly lower than BIBL's 18.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.84%
7.61%
ETIMX
BIBL

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ETIMX vs. BIBL - Expense Ratio Comparison

ETIMX has a 0.82% expense ratio, which is higher than BIBL's 0.35% expense ratio.


ETIMX
Eventide Multi-Asset Income Fund
Expense ratio chart for ETIMX: current value at 0.82% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.82%
Expense ratio chart for BIBL: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

ETIMX vs. BIBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Multi-Asset Income Fund (ETIMX) and Inspire 100 ETF (BIBL). 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.


ETIMX
Sharpe ratio
The chart of Sharpe ratio for ETIMX, currently valued at 2.50, compared to the broader market0.002.004.002.50
Sortino ratio
The chart of Sortino ratio for ETIMX, currently valued at 3.60, compared to the broader market0.005.0010.003.60
Omega ratio
The chart of Omega ratio for ETIMX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for ETIMX, currently valued at 1.31, compared to the broader market0.005.0010.0015.0020.0025.001.31
Martin ratio
The chart of Martin ratio for ETIMX, currently valued at 15.60, compared to the broader market0.0020.0040.0060.0080.00100.0015.60
BIBL
Sharpe ratio
The chart of Sharpe ratio for BIBL, currently valued at 2.07, compared to the broader market0.002.004.002.07
Sortino ratio
The chart of Sortino ratio for BIBL, currently valued at 2.90, compared to the broader market0.005.0010.002.90
Omega ratio
The chart of Omega ratio for BIBL, currently valued at 1.36, compared to the broader market1.002.003.004.001.36
Calmar ratio
The chart of Calmar ratio for BIBL, currently valued at 1.71, compared to the broader market0.005.0010.0015.0020.0025.001.71
Martin ratio
The chart of Martin ratio for BIBL, currently valued at 12.16, compared to the broader market0.0020.0040.0060.0080.00100.0012.16

ETIMX vs. BIBL - Sharpe Ratio Comparison

The current ETIMX Sharpe Ratio is 2.50, which is comparable to the BIBL Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of ETIMX and BIBL, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.50
2.07
ETIMX
BIBL

Dividends

ETIMX vs. BIBL - Dividend Comparison

ETIMX's dividend yield for the trailing twelve months is around 1.67%, more than BIBL's 0.96% yield.


TTM202320222021202020192018201720162015
ETIMX
Eventide Multi-Asset Income Fund
1.67%1.62%1.95%1.54%1.88%2.91%3.94%3.02%2.38%0.46%
BIBL
Inspire 100 ETF
0.96%1.02%0.98%17.87%1.67%1.30%1.62%0.31%0.00%0.00%

Drawdowns

ETIMX vs. BIBL - Drawdown Comparison

The maximum ETIMX drawdown since its inception was -23.88%, smaller than the maximum BIBL drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for ETIMX and BIBL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.14%
-2.14%
ETIMX
BIBL

Volatility

ETIMX vs. BIBL - Volatility Comparison

The current volatility for Eventide Multi-Asset Income Fund (ETIMX) is 2.42%, while Inspire 100 ETF (BIBL) has a volatility of 4.58%. This indicates that ETIMX experiences smaller price fluctuations and is considered to be less risky than BIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
2.42%
4.58%
ETIMX
BIBL