Correlation
The correlation between VLD and SVIX is 0.34, 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.
VLD vs. SVIX
Compare and contrast key facts about Velo3D, Inc. (VLD) and Volatility Shares -1x Short VIX Futures ETF (SVIX).
SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLD or SVIX.
Performance
VLD vs. SVIX - Performance Comparison
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Key characteristics
Returns By Period
VLD
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SVIX
-43.95%
8.55%
-51.57%
-68.76%
7.80%
N/A
N/A
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Risk-Adjusted Performance
VLD vs. SVIX — Risk-Adjusted Performance Rank
VLD
SVIX
VLD vs. SVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Velo3D, Inc. (VLD) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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
VLD vs. SVIX - Dividend Comparison
Neither VLD nor SVIX has paid dividends to shareholders.
Drawdowns
VLD vs. SVIX - Drawdown Comparison
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Volatility
VLD vs. SVIX - Volatility Comparison
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