SAFE vs. BDRY
Compare and contrast key facts about Safehold Inc. (SAFE) and Breakwave Dry Bulk Shipping ETF (BDRY).
BDRY is a passively managed fund by ETFMG that tracks the performance of the Breakwave Dry Freight Futures Index. It was launched on Mar 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAFE or BDRY.
Key characteristics
| SAFE | BDRY | |
|---|---|---|
| YTD Return | -10.13% | -28.20% |
| 1Y Return | 26.51% | 39.50% |
| 3Y Return (Ann) | -31.33% | -28.51% |
| 5Y Return (Ann) | -4.89% | -12.97% |
| Sharpe Ratio | 0.63 | 0.78 |
| Sortino Ratio | 1.25 | 1.44 |
| Omega Ratio | 1.14 | 1.17 |
| Calmar Ratio | 0.33 | 0.53 |
| Martin Ratio | 1.90 | 1.62 |
| Ulcer Index | 13.30% | 28.20% |
| Daily Std Dev | 40.22% | 58.48% |
| Max Drawdown | -78.40% | -89.16% |
| Current Drawdown | -69.62% | -80.00% |
Correlation
The correlation between SAFE and BDRY is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SAFE vs. BDRY - Performance Comparison
In the year-to-date period, SAFE achieves a -10.13% return, which is significantly higher than BDRY's -28.20% 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
SAFE vs. BDRY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Safehold Inc. (SAFE) and Breakwave Dry Bulk Shipping ETF (BDRY). 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
SAFE vs. BDRY - Dividend Comparison
SAFE's dividend yield for the trailing twelve months is around 3.45%, while BDRY has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SAFE Safehold Inc. | 3.45% | 5.03% | 8.43% | 5.05% | 8.27% | 7.04% | 6.63% | 0.96% |
BDRY Breakwave Dry Bulk Shipping ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SAFE vs. BDRY - Drawdown Comparison
The maximum SAFE drawdown since its inception was -78.40%, smaller than the maximum BDRY drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for SAFE and BDRY. For additional features, visit the drawdowns tool.
Volatility
SAFE vs. BDRY - Volatility Comparison
The current volatility for Safehold Inc. (SAFE) is 10.55%, while Breakwave Dry Bulk Shipping ETF (BDRY) has a volatility of 15.16%. This indicates that SAFE experiences smaller price fluctuations and is considered to be less risky than BDRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.