BYD is a Chinese automotive and energy storage company that is offering investors an attractive risk/reward ratio. The company is a high risk but also high reward opportunity due to its involvement in the geopolitical landscape. Despite the risk involved, the returns that BYD can offer are considerable.
To evaluate the risk and return of BYD, investors can look to the Sharpe ratio and maximum drawdown of the ETF. The ETF has a higher Sharpe ratio than other investments, indicating that the returns are higher than those of other investments with the same level of risk. Additionally, the maximum drawdown is lower than the maximum drawdown of other investments, indicating that the risk is lower than those of other investments with the same level of returns.
The ETF trades at less than $290 per share with an expense ratio of 0.68%. This is an attractive price point given the potential returns that can be achieved by investing in BYD. The low expense ratio also makes the investment more affordable for those with smaller budgets.