Correlation
The correlation between TYIDY and YALL is 0.05, 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.
TYIDY vs. YALL
Compare and contrast key facts about Toyota Industries Corporation (TYIDY) and God Bless America ETF (YALL).
YALL is an actively managed fund by Tidal ETFs. It was launched on Oct 10, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TYIDY or YALL.
Performance
TYIDY vs. YALL - Performance Comparison
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Key characteristics
TYIDY:
0.69
YALL:
1.04
TYIDY:
1.34
YALL:
1.56
TYIDY:
1.19
YALL:
1.20
TYIDY:
0.82
YALL:
1.09
TYIDY:
2.18
YALL:
3.95
TYIDY:
14.92%
YALL:
5.44%
TYIDY:
49.53%
YALL:
21.57%
TYIDY:
-47.86%
YALL:
-19.72%
TYIDY:
-4.38%
YALL:
-1.91%
Returns By Period
In the year-to-date period, TYIDY achieves a 49.79% return, which is significantly higher than YALL's 6.09% return.
TYIDY
49.79%
6.39%
65.16%
31.65%
26.17%
21.09%
9.73%
YALL
6.09%
6.60%
0.64%
21.08%
N/A
N/A
N/A
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Risk-Adjusted Performance
TYIDY vs. YALL — Risk-Adjusted Performance Rank
TYIDY
YALL
TYIDY vs. YALL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Toyota Industries Corporation (TYIDY) and God Bless America ETF (YALL). 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.
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Dividends
TYIDY vs. YALL - Dividend Comparison
TYIDY's dividend yield for the trailing twelve months is around 0.74%, more than YALL's 0.47% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TYIDY Toyota Industries Corporation | 0.74% | 2.21% | 1.70% | 1.18% | 1.80% | 1.79% | 2.53% | 2.99% | 1.90% | 2.30% | 1.79% | 1.75% |
YALL God Bless America ETF | 0.47% | 0.50% | 3.51% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TYIDY vs. YALL - Drawdown Comparison
The maximum TYIDY drawdown since its inception was -47.86%, which is greater than YALL's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for TYIDY and YALL.
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Volatility
TYIDY vs. YALL - Volatility Comparison
Toyota Industries Corporation (TYIDY) has a higher volatility of 16.02% compared to God Bless America ETF (YALL) at 4.77%. This indicates that TYIDY's price experiences larger fluctuations and is considered to be riskier than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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