ZIG vs. DEEP
Compare and contrast key facts about Acquirers Fund (ZIG) and Roundhill Acquirers Deep Value ETF (DEEP).
ZIG and DEEP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZIG is a passively managed fund by Acquirers Funds that tracks the performance of the Acquirer's Index. It was launched on May 15, 2019. DEEP is a passively managed fund by Exchange Traded Concepts that tracks the performance of the DEEP-US - Acquirers Deep Value Index. It was launched on Sep 23, 2014. Both ZIG and DEEP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZIG or DEEP.
Key characteristics
| ZIG | DEEP | |
|---|---|---|
| YTD Return | 10.01% | -0.49% |
| 1Y Return | 23.19% | 10.22% |
| 3Y Return (Ann) | 11.45% | 3.21% |
| 5Y Return (Ann) | 9.43% | 5.61% |
| Sharpe Ratio | 1.20 | 0.49 |
| Daily Std Dev | 19.44% | 19.85% |
| Max Drawdown | -37.14% | -51.92% |
| Current Drawdown | -3.82% | -6.23% |
Correlation
The correlation between ZIG and DEEP is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ZIG vs. DEEP - Performance Comparison
In the year-to-date period, ZIG achieves a 10.01% return, which is significantly higher than DEEP's -0.49% 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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ZIG vs. DEEP - Expense Ratio Comparison
ZIG has a 1.85% expense ratio, which is higher than DEEP's 0.80% expense ratio.
Risk-Adjusted Performance
ZIG vs. DEEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Acquirers Fund (ZIG) and Roundhill Acquirers Deep Value ETF (DEEP). 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
ZIG vs. DEEP - Dividend Comparison
ZIG's dividend yield for the trailing twelve months is around 0.97%, less than DEEP's 1.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ZIG Acquirers Fund | 0.97% | 1.07% | 1.26% | 0.18% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DEEP Roundhill Acquirers Deep Value ETF | 1.53% | 1.67% | 1.28% | 1.43% | 4.03% | 3.49% | 2.78% | 2.01% | 3.14% | 3.98% | 0.42% |
Drawdowns
ZIG vs. DEEP - Drawdown Comparison
The maximum ZIG drawdown since its inception was -37.14%, smaller than the maximum DEEP drawdown of -51.92%. Use the drawdown chart below to compare losses from any high point for ZIG and DEEP. For additional features, visit the drawdowns tool.
Volatility
ZIG vs. DEEP - Volatility Comparison
Acquirers Fund (ZIG) has a higher volatility of 7.27% compared to Roundhill Acquirers Deep Value ETF (DEEP) at 5.81%. This indicates that ZIG's price experiences larger fluctuations and is considered to be riskier than DEEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.