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MBOX vs. TLTW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MBOX and TLTW is 0.17, 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.


-0.50.00.51.00.2

Performance

MBOX vs. TLTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freedom Day Dividend ETF (MBOX) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
3.79%
-3.50%
MBOX
TLTW

Key characteristics

Sharpe Ratio

MBOX:

1.47

TLTW:

-0.33

Sortino Ratio

MBOX:

2.06

TLTW:

-0.36

Omega Ratio

MBOX:

1.26

TLTW:

0.96

Calmar Ratio

MBOX:

2.21

TLTW:

-0.20

Martin Ratio

MBOX:

8.40

TLTW:

-0.87

Ulcer Index

MBOX:

2.20%

TLTW:

4.06%

Daily Std Dev

MBOX:

12.55%

TLTW:

10.82%

Max Drawdown

MBOX:

-16.42%

TLTW:

-18.59%

Current Drawdown

MBOX:

-7.37%

TLTW:

-14.45%

Returns By Period

In the year-to-date period, MBOX achieves a 15.94% return, which is significantly higher than TLTW's -3.65% return.


MBOX

YTD

15.94%

1M

-4.06%

6M

3.79%

1Y

17.20%

5Y*

N/A

10Y*

N/A

TLTW

YTD

-3.65%

1M

-3.25%

6M

-3.39%

1Y

-3.55%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MBOX vs. TLTW - Expense Ratio Comparison

MBOX has a 0.39% expense ratio, which is higher than TLTW's 0.35% expense ratio.


MBOX
Freedom Day Dividend ETF
Expense ratio chart for MBOX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%
Expense ratio chart for TLTW: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

MBOX vs. TLTW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Freedom Day Dividend ETF (MBOX) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). 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.


Sharpe ratio
The chart of Sharpe ratio for MBOX, currently valued at 1.47, compared to the broader market0.002.004.001.47-0.33
The chart of Sortino ratio for MBOX, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.06-0.36
The chart of Omega ratio for MBOX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.260.96
The chart of Calmar ratio for MBOX, currently valued at 2.21, compared to the broader market0.005.0010.0015.002.21-0.20
The chart of Martin ratio for MBOX, currently valued at 8.40, compared to the broader market0.0020.0040.0060.0080.00100.008.40-0.87
MBOX
TLTW

The current MBOX Sharpe Ratio is 1.47, which is higher than the TLTW Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of MBOX and TLTW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.47
-0.33
MBOX
TLTW

Dividends

MBOX vs. TLTW - Dividend Comparison

MBOX's dividend yield for the trailing twelve months is around 1.22%, less than TLTW's 14.98% yield.


TTM202320222021
MBOX
Freedom Day Dividend ETF
1.22%2.13%2.87%1.16%
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
14.98%19.59%8.71%0.00%

Drawdowns

MBOX vs. TLTW - Drawdown Comparison

The maximum MBOX drawdown since its inception was -16.42%, smaller than the maximum TLTW drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for MBOX and TLTW. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.37%
-14.45%
MBOX
TLTW

Volatility

MBOX vs. TLTW - Volatility Comparison

Freedom Day Dividend ETF (MBOX) has a higher volatility of 4.52% compared to iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) at 3.32%. This indicates that MBOX's price experiences larger fluctuations and is considered to be riskier than TLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.52%
3.32%
MBOX
TLTW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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