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SBMX vs. IMOEX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SBMX and IMOEX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

SBMX vs. IMOEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sberbank MOEX Russia Total Return ETF (SBMX) and MOEX Russia Index (IMOEX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
12.63%
-21.75%
SBMX
IMOEX

Key characteristics

Sharpe Ratio

SBMX:

-0.29

IMOEX:

-0.69

Sortino Ratio

SBMX:

-0.28

IMOEX:

-0.91

Omega Ratio

SBMX:

0.97

IMOEX:

0.89

Calmar Ratio

SBMX:

-0.19

IMOEX:

-0.33

Martin Ratio

SBMX:

-0.44

IMOEX:

-0.90

Ulcer Index

SBMX:

13.47%

IMOEX:

16.16%

Daily Std Dev

SBMX:

20.39%

IMOEX:

20.71%

Max Drawdown

SBMX:

-54.16%

IMOEX:

-83.89%

Current Drawdown

SBMX:

-22.30%

IMOEX:

-36.94%

Returns By Period

In the year-to-date period, SBMX achieves a -5.80% return, which is significantly higher than IMOEX's -12.76% return.


SBMX

YTD

-5.80%

1M

6.11%

6M

-8.71%

1Y

-5.46%

5Y*

3.80%

10Y*

N/A

IMOEX

YTD

-12.76%

1M

4.75%

6M

-13.11%

1Y

-12.76%

5Y*

-2.28%

10Y*

6.68%

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

SBMX vs. IMOEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sberbank MOEX Russia Total Return ETF (SBMX) and MOEX Russia Index (IMOEX). 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 SBMX, currently valued at -0.64, compared to the broader market0.002.004.00-0.64-0.80
The chart of Sortino ratio for SBMX, currently valued at -0.80, compared to the broader market-2.000.002.004.006.008.0010.00-0.80-1.08
The chart of Omega ratio for SBMX, currently valued at 0.90, compared to the broader market0.501.001.502.002.503.000.900.87
The chart of Calmar ratio for SBMX, currently valued at -0.32, compared to the broader market0.005.0010.0015.00-0.32-0.36
The chart of Martin ratio for SBMX, currently valued at -1.13, compared to the broader market0.0020.0040.0060.0080.00100.00-1.13-1.25
SBMX
IMOEX

The current SBMX Sharpe Ratio is -0.29, which is higher than the IMOEX Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of SBMX and IMOEX, 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 Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.64
-0.80
SBMX
IMOEX

Drawdowns

SBMX vs. IMOEX - Drawdown Comparison

The maximum SBMX drawdown since its inception was -54.16%, smaller than the maximum IMOEX drawdown of -83.89%. Use the drawdown chart below to compare losses from any high point for SBMX and IMOEX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-45.45%
-55.23%
SBMX
IMOEX

Volatility

SBMX vs. IMOEX - Volatility Comparison

Sberbank MOEX Russia Total Return ETF (SBMX) and MOEX Russia Index (IMOEX) have volatilities of 16.75% and 17.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
16.75%
17.16%
SBMX
IMOEX
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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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