HBB vs. ZAG.TO
Compare and contrast key facts about Hamilton Beach Brands Holding Company (HBB) and BMO Aggregate Bond Index ETF (ZAG.TO).
ZAG.TO is a passively managed fund by BMO that tracks the performance of the FTSE Canada Universe Bond Index. It was launched on Jan 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HBB or ZAG.TO.
Correlation
The correlation between HBB and ZAG.TO is 0.35, 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
HBB vs. ZAG.TO - Performance Comparison
Key characteristics
HBB:
-0.59
ZAG.TO:
1.31
HBB:
-0.56
ZAG.TO:
1.91
HBB:
0.92
ZAG.TO:
1.23
HBB:
-0.67
ZAG.TO:
0.67
HBB:
-1.23
ZAG.TO:
5.92
HBB:
31.59%
ZAG.TO:
1.28%
HBB:
66.56%
ZAG.TO:
5.75%
HBB:
-81.89%
ZAG.TO:
-18.03%
HBB:
-58.14%
ZAG.TO:
-3.93%
Returns By Period
In the year-to-date period, HBB achieves a -16.74% return, which is significantly lower than ZAG.TO's 1.01% return.
HBB
-16.74%
-22.57%
-37.57%
-39.21%
6.92%
N/A
ZAG.TO
1.01%
0.29%
2.55%
7.23%
-0.05%
1.78%
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Risk-Adjusted Performance
HBB vs. ZAG.TO — Risk-Adjusted Performance Rank
HBB
ZAG.TO
HBB vs. ZAG.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Beach Brands Holding Company (HBB) and BMO Aggregate Bond Index ETF (ZAG.TO). 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
HBB vs. ZAG.TO - Dividend Comparison
HBB's dividend yield for the trailing twelve months is around 3.30%, less than ZAG.TO's 3.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBB Hamilton Beach Brands Holding Company | 3.30% | 2.70% | 2.49% | 3.35% | 2.75% | 2.11% | 1.86% | 1.45% | 0.33% | 0.00% | 0.00% | 0.00% |
ZAG.TO BMO Aggregate Bond Index ETF | 3.45% | 3.44% | 3.47% | 3.56% | 3.04% | 2.88% | 3.03% | 2.92% | 2.95% | 3.07% | 3.13% | 3.23% |
Drawdowns
HBB vs. ZAG.TO - Drawdown Comparison
The maximum HBB drawdown since its inception was -81.89%, which is greater than ZAG.TO's maximum drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for HBB and ZAG.TO. For additional features, visit the drawdowns tool.
Volatility
HBB vs. ZAG.TO - Volatility Comparison
Hamilton Beach Brands Holding Company (HBB) has a higher volatility of 30.56% compared to BMO Aggregate Bond Index ETF (ZAG.TO) at 2.33%. This indicates that HBB's price experiences larger fluctuations and is considered to be riskier than ZAG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.