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
Returns By Period
In the year-to-date period, VLD achieves a -89.16% return, which is significantly lower than SVIX's -25.44% return.
VLD
-89.16%
64.13%
-78.43%
-95.56%
N/A
N/A
SVIX
-25.44%
9.75%
-39.60%
-13.18%
N/A
N/A
Key characteristics
| VLD | SVIX | |
|---|---|---|
| Sharpe Ratio | -0.53 | -0.16 |
| Sortino Ratio | -1.28 | 0.27 |
| Omega Ratio | 0.83 | 1.05 |
| Calmar Ratio | -0.97 | -0.18 |
| Martin Ratio | -1.15 | -0.43 |
| Ulcer Index | 84.31% | 26.58% |
| Daily Std Dev | 182.72% | 71.06% |
| Max Drawdown | -99.93% | -62.55% |
| Current Drawdown | -99.66% | -44.55% |
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Correlation
The correlation between VLD and SVIX is 0.28, 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.
Risk-Adjusted Performance
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.
Dividends
VLD vs. SVIX - Dividend Comparison
Neither VLD nor SVIX has paid dividends to shareholders.
Drawdowns
VLD vs. SVIX - Drawdown Comparison
The maximum VLD drawdown since its inception was -99.93%, which is greater than SVIX's maximum drawdown of -62.55%. Use the drawdown chart below to compare losses from any high point for VLD and SVIX. For additional features, visit the drawdowns tool.
Volatility
VLD vs. SVIX - Volatility Comparison
Velo3D, Inc. (VLD) has a higher volatility of 29.39% compared to Volatility Shares -1x Short VIX Futures ETF (SVIX) at 18.87%. This indicates that VLD's price experiences larger fluctuations and is considered to be riskier than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.