GLOW vs. BPH

Last updated Jul 17, 2026

GLOW (VictoryShares WestEnd Global Equity ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GLOW is a Global Equities fund actively managed by VictoryShares, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. GLOW charges 0.72%/yr vs 0.19%/yr for BPH.

Performance

GLOW vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares WestEnd Global Equity ETF (GLOW) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GLOW

• 1D: -0.39%
• 1M: 0.08%
• 6M: 9.15%
• YTD: 11.80%
• 1Y: 23.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -0.20%
• 1M: -0.63%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLOW vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GLOW VictoryShares WestEnd Global Equity ETF	2.35%
BPH BP p.l.c. ADRhedged ETF	-3.53%

Correlation

The correlation between GLOW and BPH is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.12

GLOW vs. BPH - Sectors Allocation Comparison

Sectors	GLOW	BPH
Technology	28.4%	-
Financial Services	19.0%	-
Healthcare	13.3%	-
Communication Services	11.3%	-
Industrials	8.5%	-
Consumer Cyclical	6.2%	-
Consumer Defensive	4.8%	-
Utilities	3.9%	-
Basic Materials	2.1%	-
Energy	1.6%	100.0%
Real Estate	0.9%	-

Return for Risk

GLOW vs. BPH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLOW

GLOW Risk / Return Rank: 69
GLOW Sharpe Ratio Rank: 70
GLOW Sortino Ratio Rank: 70
GLOW Omega Ratio Rank: 68
GLOW Calmar Ratio Rank: 62
GLOW Martin Ratio Rank: 73

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLOW vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares WestEnd Global Equity ETF (GLOW) and BP p.l.c. ADRhedged ETF (BPH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GLOW	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.81	—	—
Sortino ratio: Return per unit of downside risk	2.54	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.49	—	—
Martin ratio: Return relative to average drawdown	10.52	—	—

Drawdowns

GLOW vs. BPH - Drawdown Comparison

The maximum GLOW drawdown since its inception was -15.58%, roughly equal to the maximum BPH drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for GLOW and BPH.

Drawdown Indicators

	GLOW	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-15.58%	-15.58%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	—	—
Current Drawdown Current decline from peak	-1.16%	-6.78%	+5.62%
Average Drawdown Average peak-to-trough decline	-1.76%	-6.73%	+4.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	—	—

Volatility

Volatility by Period

	GLOW	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	28.00%	-15.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.16%	28.00%	-12.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.16%	28.00%	-12.84%

GLOW vs. BPH - Expense Ratio Comparison

GLOW has a 0.72% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GLOW vs. BPH - Dividend Comparison

GLOW's dividend yield for the trailing twelve months is around 1.23%, more than BPH's 0.52% yield.

Position	TTM	2025	2024
BPH BP p.l.c. ADRhedged ETF	0.52%	0.00%	0.00%
GLOW VictoryShares WestEnd Global Equity ETF	1.23%	1.33%	1.18%

Frequently Asked Questions

Can I hold both GLOW and BPH in my portfolio?

GLOW and BPH have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLOW or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLOW or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.72% for GLOW.

Which ETF pays a higher dividend yield, GLOW or BPH?

GLOW has the higher dividend yield at 1.23%, compared with 0.52% for BPH.

What is the main difference between GLOW and BPH?

GLOW is categorized as Global Equities, while BPH is Energy Equities. They also come from different issuers: VictoryShares and Precidian. Their fees differ too: 0.72% for GLOW and 0.19% for BPH.