GBPG.L vs. BHMG.L
Compare and contrast key facts about Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) and BH Macro Limited (BHMG.L).
GBPG.L is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on Sep 7, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPG.L or BHMG.L.
Key characteristics
| GBPG.L | BHMG.L | |
|---|---|---|
| YTD Return | 0.05% | 2.04% |
| 1Y Return | 4.03% | 1.90% |
| 3Y Return (Ann) | 25.66% | 0.59% |
| Sharpe Ratio | 0.99 | 0.12 |
| Sortino Ratio | 1.45 | 0.30 |
| Omega Ratio | 1.17 | 1.04 |
| Calmar Ratio | 1.36 | 0.02 |
| Martin Ratio | 3.06 | 0.37 |
| Ulcer Index | 1.30% | 5.47% |
| Daily Std Dev | 4.03% | 16.52% |
| Max Drawdown | -7.18% | -99.98% |
| Current Drawdown | -2.32% | -99.96% |
Correlation
The correlation between GBPG.L and BHMG.L is 0.32, 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
GBPG.L vs. BHMG.L - Performance Comparison
In the year-to-date period, GBPG.L achieves a 0.05% return, which is significantly lower than BHMG.L's 2.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GBPG.L vs. BHMG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) and BH Macro Limited (BHMG.L). 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
GBPG.L vs. BHMG.L - Dividend Comparison
GBPG.L's dividend yield for the trailing twelve months is around 4.11%, while BHMG.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | 4.11% | 3.35% | 62.57% |
BHMG.L BH Macro Limited | 0.00% | 0.00% | 0.00% |
Drawdowns
GBPG.L vs. BHMG.L - Drawdown Comparison
The maximum GBPG.L drawdown since its inception was -7.18%, smaller than the maximum BHMG.L drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for GBPG.L and BHMG.L. For additional features, visit the drawdowns tool.
Volatility
GBPG.L vs. BHMG.L - Volatility Comparison
The current volatility for Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) (GBPG.L) is 2.47%, while BH Macro Limited (BHMG.L) has a volatility of 7.02%. This indicates that GBPG.L experiences smaller price fluctuations and is considered to be less risky than BHMG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.