JWEL.TO vs. BALI
JWEL.TO (Jamieson Wellness Inc.) is a stock, while BALI (Blackrock Advantage Large Cap Income ETF) is Derivative Income fund actively managed by BlackRock. Over the past year, JWEL.TO returned -0.33% vs 28.85% for BALI. At a 0.19 correlation, their price movements are largely independent.
Performance
JWEL.TO vs. BALI - Performance Comparison
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Different Trading Currencies
JWEL.TO is traded in CAD, while BALI is traded in USD. To make them comparable, the BALI values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JWEL.TO achieves a 6.05% return, which is significantly lower than BALI's 13.03% return.
JWEL.TO
- 1D
- 2.03%
- 1M
- 5.38%
- YTD
- 6.05%
- 6M
- 4.74%
- 1Y
- -0.33%
- 3Y*
- 7.62%
- 5Y*
- 1.65%
- 10Y*
- —
BALI
- 1D
- 0.35%
- 1M
- 6.17%
- YTD
- 13.03%
- 6M
- 11.71%
- 1Y
- 28.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JWEL.TO vs. BALI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JWEL.TO Jamieson Wellness Inc. | 6.05% | -5.89% | 18.75% | 28.75% |
BALI Blackrock Advantage Large Cap Income ETF | 13.03% | 9.26% | 32.90% | 7.54% |
Correlation
The correlation between JWEL.TO and BALI is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023 | 0.19 |
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Return for Risk
JWEL.TO vs. BALI — Risk / Return Rank
JWEL.TO
BALI
JWEL.TO vs. BALI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jamieson Wellness Inc. (JWEL.TO) and Blackrock Advantage Large Cap Income ETF (BALI). 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.
| JWEL.TO | BALI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.89 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.56 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 5.59 | -5.62 |
| Martin ratioReturn relative to average drawdown | -0.04 | 22.86 | -22.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JWEL.TO | BALI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 2.88 | -2.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 1.88 | -1.88 |
Drawdowns
JWEL.TO vs. BALI - Drawdown Comparison
The maximum JWEL.TO drawdown since its inception was -45.81%, which is greater than BALI's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for JWEL.TO and BALI.
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Drawdown Indicators
| JWEL.TO | BALI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.81% | -17.22% | -28.59% |
Max Drawdown (1Y)Largest decline over 1 year | -14.62% | -5.18% | -9.44% |
Max Drawdown (3Y)Largest decline over 3 years | -27.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.47% | — | — |
Current DrawdownCurrent decline from peak | -8.62% | 0.00% | -8.62% |
Average DrawdownAverage peak-to-trough decline | -14.86% | -1.93% | -12.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 1.27% | +6.86% |
Volatility
JWEL.TO vs. BALI - Volatility Comparison
Jamieson Wellness Inc. (JWEL.TO) has a higher volatility of 6.24% compared to Blackrock Advantage Large Cap Income ETF (BALI) at 1.87%. This indicates that JWEL.TO's price experiences larger fluctuations and is considered to be riskier than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JWEL.TO | BALI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 1.87% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 14.07% | 7.53% | +6.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.03% | 10.08% | +9.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.48% | 12.65% | +12.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122,393.68% | 12.65% | +122,381.03% |
Dividends
JWEL.TO vs. BALI - Dividend Comparison
JWEL.TO's dividend yield for the trailing twelve months is around 2.61%, less than BALI's 7.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BALI Blackrock Advantage Large Cap Income ETF | 7.64% | 8.51% | 7.13% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JWEL.TO Jamieson Wellness Inc. | 2.61% | 2.62% | 2.18% | 2.27% | 1.82% | 1.37% | 1.30% | 1.48% | 1.59% | 0.72% |
Frequently Asked Questions
JWEL.TO and BALI have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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