SOVF vs. BIBL
Compare and contrast key facts about Sovereign's Capital Flourish Fund (SOVF) and Inspire 100 ETF (BIBL).
SOVF and BIBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOVF is an actively managed fund by Sovereign's. It was launched on Oct 2, 2023. BIBL is a passively managed fund by Inspire that tracks the performance of the Inspire 100 Index. It was launched on Oct 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOVF or BIBL.
Key characteristics
| SOVF | BIBL | |
|---|---|---|
| YTD Return | 10.99% | 18.75% |
| 1Y Return | 22.43% | 30.13% |
| Sharpe Ratio | 1.53 | 2.07 |
| Sortino Ratio | 2.21 | 2.90 |
| Omega Ratio | 1.27 | 1.36 |
| Calmar Ratio | 2.94 | 1.71 |
| Martin Ratio | 7.43 | 12.16 |
| Ulcer Index | 3.07% | 2.51% |
| Daily Std Dev | 14.87% | 14.76% |
| Max Drawdown | -7.76% | -36.12% |
| Current Drawdown | -2.30% | -2.14% |
Correlation
The correlation between SOVF and BIBL is 0.82, 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.
Performance
SOVF vs. BIBL - Performance Comparison
In the year-to-date period, SOVF achieves a 10.99% return, which is significantly lower than BIBL's 18.75% 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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SOVF vs. BIBL - Expense Ratio Comparison
SOVF has a 0.75% expense ratio, which is higher than BIBL's 0.35% expense ratio.
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.
Dividends
SOVF vs. BIBL - Dividend Comparison
SOVF's dividend yield for the trailing twelve months is around 0.16%, less than BIBL's 0.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SOVF Sovereign's Capital Flourish Fund | 0.16% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIBL Inspire 100 ETF | 0.96% | 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 -7.76%, 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.
Volatility
SOVF vs. BIBL - Volatility Comparison
Sovereign's Capital Flourish Fund (SOVF) has a higher volatility of 5.13% compared to Inspire 100 ETF (BIBL) at 4.58%. 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.