LSAT vs. SGOV
Compare and contrast key facts about Leadershares Alphafactor Tactical Focused ETF (LSAT) and iShares 0-3 Month Treasury Bond ETF (SGOV).
LSAT and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LSAT is an actively managed fund by Redwood Investment Management. It was launched on Oct 27, 2020. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LSAT or SGOV.
Key characteristics
| LSAT | SGOV | |
|---|---|---|
| YTD Return | 22.76% | 4.62% |
| 1Y Return | 33.75% | 5.38% |
| 3Y Return (Ann) | 7.06% | 3.78% |
| Sharpe Ratio | 2.56 | 21.93 |
| Sortino Ratio | 3.60 | 527.74 |
| Omega Ratio | 1.44 | 528.74 |
| Calmar Ratio | 3.01 | 541.76 |
| Martin Ratio | 15.51 | 8,600.11 |
| Ulcer Index | 2.14% | 0.00% |
| Daily Std Dev | 12.99% | 0.25% |
| Max Drawdown | -20.48% | -0.03% |
| Current Drawdown | -0.77% | 0.00% |
Correlation
The correlation between LSAT and SGOV is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
LSAT vs. SGOV - Performance Comparison
In the year-to-date period, LSAT achieves a 22.76% return, which is significantly higher than SGOV's 4.62% 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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LSAT vs. SGOV - Expense Ratio Comparison
LSAT has a 0.99% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
LSAT vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Leadershares Alphafactor Tactical Focused ETF (LSAT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
LSAT vs. SGOV - Dividend Comparison
LSAT's dividend yield for the trailing twelve months is around 1.51%, less than SGOV's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
LSAT Leadershares Alphafactor Tactical Focused ETF | 1.51% | 1.85% | 0.36% | 3.44% | 0.31% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.24% | 4.87% | 1.45% | 0.03% | 0.04% |
Drawdowns
LSAT vs. SGOV - Drawdown Comparison
The maximum LSAT drawdown since its inception was -20.48%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for LSAT and SGOV. For additional features, visit the drawdowns tool.
Volatility
LSAT vs. SGOV - Volatility Comparison
Leadershares Alphafactor Tactical Focused ETF (LSAT) has a higher volatility of 3.98% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. This indicates that LSAT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.