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ROOT vs. BLOK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

ROOT vs. BLOK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Root, Inc. (ROOT) and Amplify Transformational Data Sharing ETF (BLOK). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
62.24%
34.03%
ROOT
BLOK

Key characteristics

Sharpe Ratio

ROOT:

4.54

BLOK:

1.61

Sortino Ratio

ROOT:

4.67

BLOK:

2.28

Omega Ratio

ROOT:

1.57

BLOK:

1.26

Calmar Ratio

ROOT:

6.08

BLOK:

1.24

Martin Ratio

ROOT:

18.73

BLOK:

7.08

Ulcer Index

ROOT:

31.97%

BLOK:

9.10%

Daily Std Dev

ROOT:

131.91%

BLOK:

40.12%

Max Drawdown

ROOT:

-99.29%

BLOK:

-73.33%

Current Drawdown

ROOT:

-84.96%

BLOK:

-13.09%

Returns By Period

In the year-to-date period, ROOT achieves a 597.47% return, which is significantly higher than BLOK's 58.73% return.


ROOT

YTD

597.47%

1M

-27.68%

6M

72.11%

1Y

598.80%

5Y*

N/A

10Y*

N/A

BLOK

YTD

58.73%

1M

-3.11%

6M

31.17%

1Y

64.63%

5Y*

24.37%

10Y*

N/A

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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.


Sharpe ratio
The chart of Sharpe ratio for ROOT, currently valued at 4.54, compared to the broader market-4.00-2.000.002.004.541.61
The chart of Sortino ratio for ROOT, currently valued at 4.67, compared to the broader market-4.00-2.000.002.004.004.672.28
The chart of Omega ratio for ROOT, currently valued at 1.57, compared to the broader market0.501.001.502.001.571.26
The chart of Calmar ratio for ROOT, currently valued at 6.08, compared to the broader market0.002.004.006.006.081.24
The chart of Martin ratio for ROOT, currently valued at 18.73, compared to the broader market0.0010.0020.0018.737.08
ROOT
BLOK

The current ROOT Sharpe Ratio is 4.54, which is higher than the BLOK Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of ROOT and BLOK, 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 Ratio0.002.004.006.008.00JulyAugustSeptemberOctoberNovemberDecember
4.54
1.61
ROOT
BLOK

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 0.73%.


TTM202320222021202020192018
ROOT
Root, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BLOK
Amplify Transformational Data Sharing ETF
0.73%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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-84.96%
-13.09%
ROOT
BLOK

Volatility

ROOT vs. BLOK - Volatility Comparison

Root, Inc. (ROOT) has a higher volatility of 19.70% compared to Amplify Transformational Data Sharing ETF (BLOK) at 14.11%. 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.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
19.70%
14.11%
ROOT
BLOK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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