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.
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
Key characteristics
NACP:
1.95
NANC:
1.69
NACP:
2.68
NANC:
2.26
NACP:
1.37
NANC:
1.31
NACP:
2.90
NANC:
2.35
NACP:
12.59
NANC:
10.01
NACP:
2.01%
NANC:
2.59%
NACP:
12.98%
NANC:
15.35%
NACP:
-30.96%
NANC:
-11.06%
NACP:
-3.43%
NANC:
-5.03%
Returns By Period
In the year-to-date period, NACP achieves a 24.60% return, which is significantly lower than NANC's 26.90% return.
NACP
24.60%
-0.73%
6.34%
24.76%
14.99%
N/A
NANC
26.90%
-0.39%
5.77%
26.74%
N/A
N/A
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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 1.03%, while NANC has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
NACP Impact Shares NAACP Minority Empowerment ETF | 1.03% | 1.28% | 3.48% | 3.07% | 1.48% | 1.20% | 0.76% |
NANC Subversive Unusual Whales Democratic ETF | 0.00% | 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
The current volatility for Impact Shares NAACP Minority Empowerment ETF (NACP) is 3.51%, while Subversive Unusual Whales Democratic ETF (NANC) has a volatility of 4.39%. This indicates that NACP experiences smaller price fluctuations and is considered to be less risky than NANC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.