IETC vs. BPTRX
Compare and contrast key facts about iShares Evolved U.S. Technology ETF (IETC) and Baron Partners Fund (BPTRX).
IETC is an actively managed fund by iShares. It was launched on Mar 21, 2018. BPTRX is managed by Baron Capital Group, Inc.. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IETC or BPTRX.
Key characteristics
| IETC | BPTRX | |
|---|---|---|
| YTD Return | 7.38% | -13.28% |
| 1Y Return | 46.75% | 14.41% |
| 3Y Return (Ann) | 9.20% | -4.75% |
| 5Y Return (Ann) | 18.82% | 23.04% |
| Sharpe Ratio | 2.75 | 0.47 |
| Daily Std Dev | 17.54% | 25.27% |
| Max Drawdown | -38.48% | -65.33% |
| Current Drawdown | -6.44% | -35.22% |
Correlation
The correlation between IETC and BPTRX is 0.73, 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
IETC vs. BPTRX - Performance Comparison
In the year-to-date period, IETC achieves a 7.38% return, which is significantly higher than BPTRX's -13.28% 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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IETC vs. BPTRX - Expense Ratio Comparison
IETC has a 0.18% expense ratio, which is lower than BPTRX's 1.36% expense ratio.
Risk-Adjusted Performance
IETC vs. BPTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) and Baron Partners Fund (BPTRX). 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
IETC vs. BPTRX - Dividend Comparison
IETC's dividend yield for the trailing twelve months is around 0.66%, while BPTRX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IETC iShares Evolved U.S. Technology ETF | 0.66% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% |
BPTRX Baron Partners Fund | 0.00% | 0.00% | 3.19% | 7.72% | 3.67% | 0.26% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% |
Drawdowns
IETC vs. BPTRX - Drawdown Comparison
The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum BPTRX drawdown of -65.33%. Use the drawdown chart below to compare losses from any high point for IETC and BPTRX. For additional features, visit the drawdowns tool.
Volatility
IETC vs. BPTRX - Volatility Comparison
The current volatility for iShares Evolved U.S. Technology ETF (IETC) is 5.15%, while Baron Partners Fund (BPTRX) has a volatility of 7.39%. This indicates that IETC experiences smaller price fluctuations and is considered to be less risky than BPTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.