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SOVF vs. BIBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SOVF and BIBL is 0.81, 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.


-0.50.00.51.00.8

Performance

SOVF vs. BIBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sovereign's Capital Flourish Fund (SOVF) and Inspire 100 ETF (BIBL). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
26.91%
29.82%
SOVF
BIBL

Key characteristics

Sharpe Ratio

SOVF:

0.72

BIBL:

1.02

Sortino Ratio

SOVF:

1.12

BIBL:

1.50

Omega Ratio

SOVF:

1.13

BIBL:

1.18

Calmar Ratio

SOVF:

1.40

BIBL:

1.25

Martin Ratio

SOVF:

3.42

BIBL:

5.61

Ulcer Index

SOVF:

3.24%

BIBL:

2.75%

Daily Std Dev

SOVF:

15.44%

BIBL:

15.08%

Max Drawdown

SOVF:

-7.91%

BIBL:

-36.12%

Current Drawdown

SOVF:

-7.52%

BIBL:

-7.50%

Returns By Period

In the year-to-date period, SOVF achieves a 9.23% return, which is significantly lower than BIBL's 13.21% return.


SOVF

YTD

9.23%

1M

-3.94%

6M

8.70%

1Y

9.22%

5Y*

N/A

10Y*

N/A

BIBL

YTD

13.21%

1M

-4.50%

6M

3.69%

1Y

14.00%

5Y*

9.90%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SOVF vs. BIBL - Expense Ratio Comparison

SOVF has a 0.75% expense ratio, which is higher than BIBL's 0.35% expense ratio.


SOVF
Sovereign's Capital Flourish Fund
Expense ratio chart for SOVF: 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 BIBL: 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

SOVF vs. BIBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sovereign's Capital Flourish Fund (SOVF) and Inspire 100 ETF (BIBL). 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 SOVF, currently valued at 0.72, compared to the broader market0.002.004.000.721.02
The chart of Sortino ratio for SOVF, currently valued at 1.12, compared to the broader market-2.000.002.004.006.008.0010.001.121.50
The chart of Omega ratio for SOVF, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.18
The chart of Calmar ratio for SOVF, currently valued at 1.40, compared to the broader market0.005.0010.0015.001.401.78
The chart of Martin ratio for SOVF, currently valued at 3.42, compared to the broader market0.0020.0040.0060.0080.00100.003.425.61
SOVF
BIBL

The current SOVF Sharpe Ratio is 0.72, which is comparable to the BIBL Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of SOVF and BIBL, 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 Ratio0.501.001.502.002.50Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.72
1.02
SOVF
BIBL

Dividends

SOVF vs. BIBL - Dividend Comparison

SOVF has not paid dividends to shareholders, while BIBL's dividend yield for the trailing twelve months is around 0.71%.


TTM2023202220212020201920182017
SOVF
Sovereign's Capital Flourish Fund
0.00%0.18%0.00%0.00%0.00%0.00%0.00%0.00%
BIBL
Inspire 100 ETF
0.71%1.02%0.98%17.87%1.67%1.30%1.62%0.31%

Drawdowns

SOVF vs. BIBL - Drawdown Comparison

The maximum SOVF drawdown since its inception was -7.91%, smaller than the maximum BIBL drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for SOVF and BIBL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.52%
-7.50%
SOVF
BIBL

Volatility

SOVF vs. BIBL - Volatility Comparison

Sovereign's Capital Flourish Fund (SOVF) has a higher volatility of 5.62% compared to Inspire 100 ETF (BIBL) at 4.69%. This indicates that SOVF's price experiences larger fluctuations and is considered to be riskier than BIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.62%
4.69%
SOVF
BIBL
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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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