BWG vs ONOF

Comparison between BrandywineGLOBAL - Global Income Opportunities Fund Inc (BWG, ETF) and GLOBAL X ADAPTIVE U.S. RISK MANAGEMENT ETF (ONOF, ETF).

5-Year PerformanceONOF has outperformed BWG, delivering a return of +8.9% compared to +1.7%

BWG vs ONOF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWG(ETF)	ONOF(ETF)
Net Assets	$149M	$148M
Expense Ratio	N/A	0.39%
Max Drawdown	67.84%	26.71%
Sharpe Ratio	0.53	1.39
5Y Beta	0.34	0.86
P/E Ratio	N/A	29.58
Forward P/E	N/A	22.35
5Y Dividends CAGR	1.61%	N/A
5Y EPS CAGR	N/A	26.00%
Debt to Equity	N/A	34.03%
P/S Ratio	N/A	3.84
P/B Ratio	N/A	5.78

Net Assets

Winner

BWG

$149M

ONOF

$148M

Expense Ratio

BWG

N/A

ONOF

0.39%

Max Drawdown

BWG

67.84%

Winner

ONOF

26.71%

Sharpe Ratio

BWG

0.53

Winner

ONOF

1.39

5Y Beta

Winner

BWG

0.34

ONOF

0.86

P/E Ratio

BWG

N/A

ONOF

29.58

Forward P/E

BWG

N/A

ONOF

22.35

5Y Dividends CAGR

BWG

1.61%

ONOF

N/A

5Y EPS CAGR

BWG

N/A

ONOF

26.00%

Debt to Equity

BWG

N/A

ONOF

34.03%

P/S Ratio

BWG

N/A

ONOF

3.84

P/B Ratio

BWG

N/A

ONOF

5.78

BWG vs ONOF - Historical Returns

Returns include dividend reinvestment.

Period	BWG	ONOF
1 month	-0.87%	+2.09%
3 months	+1.04%	+5.33%
6 months	-1.93%	+4.66%
1 year	+9.34%	+21.60%
5 years(CAGR)	+1.66%	+8.85%
10 years(CAGR)	+4.90%	N/A
Max(CAGR)	+3.07%	+10.10%

BWG

-0.87%

Winner

ONOF

+2.09%

BWG

+1.04%

Winner

ONOF

+5.33%

BWG

-1.93%

Winner

ONOF

+4.66%

BWG

+9.34%

Winner

ONOF

+21.60%

5Y(CAGR)

BWG

+1.66%

Winner

ONOF

+8.85%

10Y(CAGR)

BWG

+4.90%

ONOF

N/A

Max(CAGR)

BWG

+3.07%

Winner

ONOF

+10.10%

BWG vs ONOF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	BWG	ONOF
2026	-1.46%	+4.89%
2025	+16.63%	+9.04%
2024	+8.11%	+20.01%
2023	+15.67%	+11.58%
2022	-21.86%	-12.03%
2021	+2.00%	+25.19%
2020	+4.50%	N/A
2019	+30.08%	N/A
2018	-12.62%	N/A
2017	+16.07%	N/A
2016	+12.89%	N/A
2015	-20.90%	N/A
2014	+7.60%	N/A
2013	-9.61%	N/A
2012	+6.06%	N/A

BWG vs ONOF Drawdown Comparison

The maximum drawdown for BWG was -35.45%, occurring on Jan 20, 2016. Recovery took 1182 trading sessions.

The maximum drawdown for ONOF was -26.21%, occurring on Jun 16, 2022. Recovery took 520 trading sessions.

The current BWG drawdown is -5.54%. The current ONOF drawdown is -2.88%.

Rank	BWG	ONOF
#1	-35.45% May 9, 2013 - Jan 18, 2018	-26.21% Dec 29, 2021 - Jan 25, 2024
#2	-34.27% Feb 20, 2020 - Jan 28, 2021	-21.67% Feb 19, 2025 - Sep 15, 2025
#3	-34.11% Sep 3, 2021 - Jun 30, 2025	-8.87% Jul 16, 2024 - Nov 6, 2024
#4	-18.97% Jan 25, 2018 - Aug 1, 2019	-6.86% Jan 12, 2026 - Apr 30, 2026
#5	-13.69% May 7, 2012 - Aug 6, 2012	-5.42% Mar 28, 2024 - May 14, 2024
#6	-12.02% Feb 11, 2026 - Mar 30, 2026	-5.40% Sep 3, 2021 - Oct 20, 2021
#7	-5.70% Sep 17, 2025 - Jan 28, 2026	-5.25% Oct 28, 2025 - Dec 11, 2025
#8	-4.94% Feb 17, 2021 - May 27, 2021	-5.13% Feb 12, 2021 - Mar 17, 2021
#9	-4.71% Feb 11, 2013 - Apr 9, 2013	-4.41% Nov 17, 2021 - Dec 23, 2021
#10	-4.44% Aug 7, 2012 - Sep 6, 2012	-4.36% Dec 6, 2024 - Jan 22, 2025
#11	-4.37% Nov 12, 2012 - Dec 11, 2012	-4.27% Jan 21, 2021 - Feb 8, 2021
#12	-3.10% Jun 9, 2021 - Aug 30, 2021	-4.20% Apr 29, 2021 - Jun 4, 2021
#13	-3.09% Oct 23, 2012 - Nov 9, 2012	-2.93% Oct 8, 2025 - Oct 24, 2025
#14	-2.00% Jul 9, 2025 - Aug 4, 2025	-2.88% Jun 2, 2026 - Jun 5, 2026
#15	-1.80% Aug 16, 2019 - Sep 24, 2019	-2.74% Jul 12, 2021 - Jul 23, 2021

Correlation

Correlation between BWG and ONOF is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2012 - 2026)

BWG vs ONOF dividend yield comparison.

Year	BWG	ONOF
2026	5.10%	0.00%
2025	11.47%	1.38%
2024	12.00%	0.93%
2023	11.73%	1.37%
2022	13.25%	1.92%
2021	8.20%	0.69%
2020	6.81%	0.00%
2019	6.55%	0.00%
2018	8.70%	0.00%
2017	8.35%	0.00%
2016	10.31%	0.00%
2015	16.41%	0.00%
2014	8.95%	0.00%
2013	10.28%	0.00%
2012	4.64%	0.00%