NERD vs. META
Compare and contrast key facts about Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) and Meta Platforms, Inc. (META).
NERD is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill BITKRAFT Esports Index. It was launched on Jun 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NERD or META.
Key characteristics
| NERD | META | |
|---|---|---|
| YTD Return | 0.19% | 33.46% |
| 1Y Return | 0.40% | 91.38% |
| 3Y Return (Ann) | -19.33% | 15.10% |
| Sharpe Ratio | 0.08 | 2.63 |
| Daily Std Dev | 18.00% | 36.02% |
| Max Drawdown | -65.58% | -76.74% |
| Current Drawdown | -58.94% | -10.51% |
Correlation
The correlation between NERD and META is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NERD vs. META - Performance Comparison
In the year-to-date period, NERD achieves a 0.19% return, which is significantly lower than META's 33.46% 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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Risk-Adjusted Performance
NERD vs. META - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) and Meta Platforms, Inc. (META). 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
NERD vs. META - Dividend Comparison
NERD's dividend yield for the trailing twelve months is around 1.07%, more than META's 0.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF | 1.07% | 1.07% | 0.69% | 0.02% | 1.05% | 0.31% |
META Meta Platforms, Inc. | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NERD vs. META - Drawdown Comparison
The maximum NERD drawdown since its inception was -65.58%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for NERD and META. For additional features, visit the drawdowns tool.
Volatility
NERD vs. META - Volatility Comparison
The current volatility for Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) is 5.12%, while Meta Platforms, Inc. (META) has a volatility of 14.02%. This indicates that NERD experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.