NACP vs. NANC
Compare and contrast key facts about Impact Shares NAACP Minority Empowerment ETF (NACP) and Subversive Unusual Whales Democratic ETF (NANC).
NACP and NANC 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. NANC is an actively managed fund by Subversive. It was launched on Feb 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NACP or NANC.
Key characteristics
| NACP | NANC | |
|---|---|---|
| YTD Return | 27.63% | 30.05% |
| 1Y Return | 40.06% | 44.39% |
| Sharpe Ratio | 3.04 | 2.89 |
| Sortino Ratio | 4.14 | 3.72 |
| Omega Ratio | 1.58 | 1.52 |
| Calmar Ratio | 3.92 | 3.94 |
| Martin Ratio | 19.67 | 16.97 |
| Ulcer Index | 1.98% | 2.56% |
| Daily Std Dev | 12.82% | 15.06% |
| Max Drawdown | -30.96% | -11.06% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between NACP and NANC is 0.93, 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. NANC - Performance Comparison
In the year-to-date period, NACP achieves a 27.63% return, which is significantly lower than NANC's 30.05% 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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NACP vs. NANC - Expense Ratio Comparison
NACP has a 0.49% expense ratio, which is lower than NANC's 0.75% expense ratio.
Risk-Adjusted Performance
NACP vs. NANC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Impact Shares NAACP Minority Empowerment ETF (NACP) and Subversive Unusual Whales Democratic ETF (NANC). 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
NACP vs. NANC - Dividend Comparison
NACP's dividend yield for the trailing twelve months is around 1.00%, more than NANC's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
NACP Impact Shares NAACP Minority Empowerment ETF | 1.00% | 1.28% | 3.48% | 3.07% | 1.48% | 1.20% | 0.76% |
NANC Subversive Unusual Whales Democratic ETF | 0.72% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NACP vs. NANC - Drawdown Comparison
The maximum NACP drawdown since its inception was -30.96%, which is greater than NANC's maximum drawdown of -11.06%. Use the drawdown chart below to compare losses from any high point for NACP and NANC. For additional features, visit the drawdowns tool.
Volatility
NACP vs. NANC - Volatility Comparison
Impact Shares NAACP Minority Empowerment ETF (NACP) and Subversive Unusual Whales Democratic ETF (NANC) have volatilities of 4.29% and 4.42%, 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.