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RDVI vs. BALI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


RDVIBALI
YTD Return21.32%24.88%
1Y Return37.07%32.97%
Sharpe Ratio2.473.26
Sortino Ratio3.614.34
Omega Ratio1.451.63
Calmar Ratio4.664.24
Martin Ratio15.7919.58
Ulcer Index2.33%1.68%
Daily Std Dev14.86%10.08%
Max Drawdown-12.56%-7.74%
Current Drawdown-0.76%-0.17%

Correlation

-0.50.00.51.00.6

The correlation between RDVI and BALI is 0.61, 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

RDVI vs. BALI - Performance Comparison

In the year-to-date period, RDVI achieves a 21.32% return, which is significantly lower than BALI's 24.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.67%
13.47%
RDVI
BALI

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RDVI vs. BALI - Expense Ratio Comparison

RDVI has a 0.75% expense ratio, which is higher than BALI's 0.35% expense ratio.


RDVI
FT Cboe Vest Rising Dividend Achievers Target Income ETF
Expense ratio chart for RDVI: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for BALI: 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

RDVI vs. BALI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and Blackrock Advantage Large Cap Income ETF (BALI). 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.


RDVI
Sharpe ratio
The chart of Sharpe ratio for RDVI, currently valued at 2.47, compared to the broader market-2.000.002.004.006.002.47
Sortino ratio
The chart of Sortino ratio for RDVI, currently valued at 3.61, compared to the broader market-2.000.002.004.006.008.0010.0012.003.61
Omega ratio
The chart of Omega ratio for RDVI, currently valued at 1.45, compared to the broader market1.001.502.002.503.001.45
Calmar ratio
The chart of Calmar ratio for RDVI, currently valued at 4.66, compared to the broader market0.005.0010.0015.004.66
Martin ratio
The chart of Martin ratio for RDVI, currently valued at 15.79, compared to the broader market0.0020.0040.0060.0080.00100.0015.79
BALI
Sharpe ratio
The chart of Sharpe ratio for BALI, currently valued at 3.26, compared to the broader market-2.000.002.004.006.003.26
Sortino ratio
The chart of Sortino ratio for BALI, currently valued at 4.34, compared to the broader market-2.000.002.004.006.008.0010.0012.004.34
Omega ratio
The chart of Omega ratio for BALI, currently valued at 1.63, compared to the broader market1.001.502.002.503.001.63
Calmar ratio
The chart of Calmar ratio for BALI, currently valued at 4.24, compared to the broader market0.005.0010.0015.004.24
Martin ratio
The chart of Martin ratio for BALI, currently valued at 19.58, compared to the broader market0.0020.0040.0060.0080.00100.0019.58

RDVI vs. BALI - Sharpe Ratio Comparison

The current RDVI Sharpe Ratio is 2.47, which is comparable to the BALI Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of RDVI and BALI, 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 Ratio2.002.503.003.50Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10
2.47
3.26
RDVI
BALI

Dividends

RDVI vs. BALI - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 7.88%, more than BALI's 6.68% yield.


TTM20232022
RDVI
FT Cboe Vest Rising Dividend Achievers Target Income ETF
7.88%8.45%1.53%
BALI
Blackrock Advantage Large Cap Income ETF
6.68%2.13%0.00%

Drawdowns

RDVI vs. BALI - Drawdown Comparison

The maximum RDVI drawdown since its inception was -12.56%, which is greater than BALI's maximum drawdown of -7.74%. Use the drawdown chart below to compare losses from any high point for RDVI and BALI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.76%
-0.17%
RDVI
BALI

Volatility

RDVI vs. BALI - Volatility Comparison

FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) has a higher volatility of 7.02% compared to Blackrock Advantage Large Cap Income ETF (BALI) at 3.49%. This indicates that RDVI's price experiences larger fluctuations and is considered to be riskier than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
7.02%
3.49%
RDVI
BALI