NACP vs. DEMZ
Compare and contrast key facts about Impact Shares NAACP Minority Empowerment ETF (NACP) and Democratic Large Cap Core ETF (DEMZ).
NACP and DEMZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NACP is a passively managed fund by Impact Shares that tracks the performance of the Morningstar Minority Empowerment Index. It was launched on Jul 18, 2018. DEMZ is a passively managed fund by Reflection Asset Management, LLC that tracks the performance of the Democratic Large Cap Core Index. It was launched on Nov 2, 2020. Both NACP and DEMZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NACP or DEMZ.
Correlation
The correlation between NACP and DEMZ is 0.89, 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
NACP vs. DEMZ - Performance Comparison
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Key characteristics
NACP:
0.65
DEMZ:
0.69
NACP:
1.05
DEMZ:
1.07
NACP:
1.16
DEMZ:
1.15
NACP:
0.67
DEMZ:
0.70
NACP:
2.47
DEMZ:
2.57
NACP:
5.34%
DEMZ:
5.13%
NACP:
19.87%
DEMZ:
18.76%
NACP:
-30.96%
DEMZ:
-27.17%
NACP:
-4.89%
DEMZ:
-2.36%
Returns By Period
In the year-to-date period, NACP achieves a 2.25% return, which is significantly lower than DEMZ's 2.62% return.
NACP
2.25%
10.38%
-0.31%
12.90%
17.18%
N/A
DEMZ
2.62%
12.51%
1.35%
12.93%
N/A
N/A
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NACP vs. DEMZ - Expense Ratio Comparison
NACP has a 0.49% expense ratio, which is higher than DEMZ's 0.45% expense ratio.
Risk-Adjusted Performance
NACP vs. DEMZ — Risk-Adjusted Performance Rank
NACP
DEMZ
NACP vs. DEMZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Impact Shares NAACP Minority Empowerment ETF (NACP) and Democratic Large Cap Core ETF (DEMZ). 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.
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Dividends
NACP vs. DEMZ - Dividend Comparison
NACP's dividend yield for the trailing twelve months is around 2.89%, more than DEMZ's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
NACP Impact Shares NAACP Minority Empowerment ETF | 2.89% | 2.97% | 1.28% | 3.48% | 3.07% | 1.48% | 1.20% | 0.76% |
DEMZ Democratic Large Cap Core ETF | 0.52% | 0.53% | 0.90% | 0.98% | 2.46% | 0.27% | 0.00% | 0.00% |
Drawdowns
NACP vs. DEMZ - Drawdown Comparison
The maximum NACP drawdown since its inception was -30.96%, which is greater than DEMZ's maximum drawdown of -27.17%. Use the drawdown chart below to compare losses from any high point for NACP and DEMZ. For additional features, visit the drawdowns tool.
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Volatility
NACP vs. DEMZ - Volatility Comparison
Impact Shares NAACP Minority Empowerment ETF (NACP) and Democratic Large Cap Core ETF (DEMZ) have volatilities of 6.15% and 6.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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