ROOT vs. BLOK
Compare and contrast key facts about Root, Inc. (ROOT) and Amplify Transformational Data Sharing ETF (BLOK).
BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROOT or BLOK.
Key characteristics
| ROOT | BLOK | |
|---|---|---|
| YTD Return | 681.77% | 52.56% |
| 1Y Return | 730.09% | 109.12% |
| 3Y Return (Ann) | -2.76% | -5.62% |
| Sharpe Ratio | 5.35 | 2.88 |
| Sortino Ratio | 4.96 | 3.50 |
| Omega Ratio | 1.61 | 1.41 |
| Calmar Ratio | 7.20 | 1.83 |
| Martin Ratio | 21.84 | 12.30 |
| Ulcer Index | 32.46% | 9.01% |
| Daily Std Dev | 132.43% | 38.47% |
| Max Drawdown | -99.29% | -73.33% |
| Current Drawdown | -83.14% | -16.47% |
Correlation
The correlation between ROOT and BLOK is 0.44, 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
ROOT vs. BLOK - Performance Comparison
In the year-to-date period, ROOT achieves a 681.77% return, which is significantly higher than BLOK's 52.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ROOT vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) and Amplify Transformational Data Sharing ETF (BLOK). 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
ROOT vs. BLOK - Dividend Comparison
ROOT has not paid dividends to shareholders, while BLOK's dividend yield for the trailing twelve months is around 0.76%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ROOT Root, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Transformational Data Sharing ETF | 0.76% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
Drawdowns
ROOT vs. BLOK - Drawdown Comparison
The maximum ROOT drawdown since its inception was -99.29%, which is greater than BLOK's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for ROOT and BLOK. For additional features, visit the drawdowns tool.
Volatility
ROOT vs. BLOK - Volatility Comparison
Root, Inc. (ROOT) has a higher volatility of 54.26% compared to Amplify Transformational Data Sharing ETF (BLOK) at 13.02%. This indicates that ROOT's price experiences larger fluctuations and is considered to be riskier than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.