VTEX vs. FALN
Compare and contrast key facts about VTEX (VTEX) and iShares Fallen Angels USD Bond ETF (FALN).
FALN is a passively managed fund by iShares that tracks the performance of the Bloomberg US High Yield Fallen Angel 3% Capped Index. It was launched on Jun 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTEX or FALN.
Key characteristics
| VTEX | FALN | |
|---|---|---|
| YTD Return | -5.09% | 7.89% |
| 1Y Return | 1.71% | 14.40% |
| 3Y Return (Ann) | -26.37% | 1.81% |
| Sharpe Ratio | -0.04 | 2.91 |
| Sortino Ratio | 0.26 | 4.48 |
| Omega Ratio | 1.03 | 1.57 |
| Calmar Ratio | -0.02 | 1.69 |
| Martin Ratio | -0.09 | 20.58 |
| Ulcer Index | 20.38% | 0.69% |
| Daily Std Dev | 43.21% | 4.90% |
| Max Drawdown | -91.38% | -29.22% |
| Current Drawdown | -79.75% | -0.55% |
Correlation
The correlation between VTEX and FALN is 0.37, 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.
Performance
VTEX vs. FALN - Performance Comparison
In the year-to-date period, VTEX achieves a -5.09% return, which is significantly lower than FALN's 7.89% 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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Risk-Adjusted Performance
VTEX vs. FALN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VTEX (VTEX) and iShares Fallen Angels USD Bond ETF (FALN). 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
VTEX vs. FALN - Dividend Comparison
VTEX has not paid dividends to shareholders, while FALN's dividend yield for the trailing twelve months is around 6.08%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
VTEX VTEX | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FALN iShares Fallen Angels USD Bond ETF | 6.08% | 5.38% | 5.08% | 3.39% | 5.14% | 5.35% | 5.97% | 6.99% | 3.54% |
Drawdowns
VTEX vs. FALN - Drawdown Comparison
The maximum VTEX drawdown since its inception was -91.38%, which is greater than FALN's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for VTEX and FALN. For additional features, visit the drawdowns tool.
Volatility
VTEX vs. FALN - Volatility Comparison
VTEX (VTEX) has a higher volatility of 6.52% compared to iShares Fallen Angels USD Bond ETF (FALN) at 1.44%. This indicates that VTEX's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.