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TXG vs. BBP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TXG and BBP is 0.50, 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.


-0.50.00.51.00.5

Performance

TXG vs. BBP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 10x Genomics, Inc. (TXG) and Virtus LifeSci Biotech Products ETF (BBP). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-32.77%
4.66%
TXG
BBP

Key characteristics

Sharpe Ratio

TXG:

-1.15

BBP:

0.25

Sortino Ratio

TXG:

-2.26

BBP:

0.50

Omega Ratio

TXG:

0.73

BBP:

1.06

Calmar Ratio

TXG:

-0.80

BBP:

0.29

Martin Ratio

TXG:

-1.34

BBP:

0.74

Ulcer Index

TXG:

55.89%

BBP:

7.65%

Daily Std Dev

TXG:

65.43%

BBP:

22.48%

Max Drawdown

TXG:

-93.49%

BBP:

-44.32%

Current Drawdown

TXG:

-93.37%

BBP:

-12.31%

Returns By Period

In the year-to-date period, TXG achieves a -76.02% return, which is significantly lower than BBP's 2.88% return.


TXG

YTD

-76.02%

1M

1.82%

6M

-32.12%

1Y

-76.49%

5Y*

-28.97%

10Y*

N/A

BBP

YTD

2.88%

1M

-1.27%

6M

4.71%

1Y

4.39%

5Y*

6.26%

10Y*

8.55%

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Risk-Adjusted Performance

TXG vs. BBP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for 10x Genomics, Inc. (TXG) and Virtus LifeSci Biotech Products ETF (BBP). 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 TXG, currently valued at -1.15, compared to the broader market-4.00-2.000.002.00-1.150.25
The chart of Sortino ratio for TXG, currently valued at -2.26, compared to the broader market-4.00-2.000.002.004.00-2.260.50
The chart of Omega ratio for TXG, currently valued at 0.73, compared to the broader market0.501.001.502.000.731.06
The chart of Calmar ratio for TXG, currently valued at -0.80, compared to the broader market0.002.004.006.00-0.800.29
The chart of Martin ratio for TXG, currently valued at -1.34, compared to the broader market0.0010.0020.00-1.340.74
TXG
BBP

The current TXG Sharpe Ratio is -1.15, which is lower than the BBP Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of TXG and BBP, 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-1.000.001.002.00JulyAugustSeptemberOctoberNovemberDecember
-1.15
0.25
TXG
BBP

Dividends

TXG vs. BBP - Dividend Comparison

Neither TXG nor BBP has paid dividends to shareholders.


TTM202320222021202020192018201720162015
TXG
10x Genomics, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BBP
Virtus LifeSci Biotech Products ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.00%1.29%

Drawdowns

TXG vs. BBP - Drawdown Comparison

The maximum TXG drawdown since its inception was -93.49%, which is greater than BBP's maximum drawdown of -44.32%. Use the drawdown chart below to compare losses from any high point for TXG and BBP. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-93.37%
-12.31%
TXG
BBP

Volatility

TXG vs. BBP - Volatility Comparison

10x Genomics, Inc. (TXG) has a higher volatility of 20.55% compared to Virtus LifeSci Biotech Products ETF (BBP) at 7.31%. This indicates that TXG's price experiences larger fluctuations and is considered to be riskier than BBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
20.55%
7.31%
TXG
BBP
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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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