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NYSE Arca Airline Index (^XAL)

Index · Currency in USD · Last updated Jun 1, 2023

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in NYSE Arca Airline Index, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%2023FebruaryMarchAprilMay
4.17%
2.66%
^XAL (NYSE Arca Airline Index)
Benchmark (^GSPC)

S&P 500

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NYSE Arca Airline Index

Return

NYSE Arca Airline Index had a return of 20.04% year-to-date (YTD) and -8.75% in the last 12 months. Over the past 10 years, NYSE Arca Airline Index had an annualized return of 1.30%, while the S&P 500 had an annualized return of 9.88%, indicating that NYSE Arca Airline Index did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month7.94%1.46%
Year-To-Date20.04%8.86%
6 months3.71%2.53%
1 year-8.75%1.92%
5 years (annualized)-9.68%8.94%
10 years (annualized)1.30%9.88%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202320.04%-4.56%-1.17%-0.23%
20224.27%-14.19%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Airline Index (^XAL) and S&P 500 (^GSPC). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^XAL
NYSE Arca Airline Index
-0.36
^GSPC
S&P 500
0.02

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current NYSE Arca Airline Index Sharpe ratio is -0.36. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.200.402023FebruaryMarchAprilMay
-0.36
0.02
^XAL (NYSE Arca Airline Index)
Benchmark (^GSPC)

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%2023FebruaryMarchAprilMay
-69.76%
-12.86%
^XAL (NYSE Arca Airline Index)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the NYSE Arca Airline Index. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the NYSE Arca Airline Index is 93.94%, recorded on Mar 9, 2009. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.94%Jul 15, 19982679Mar 9, 2009
-23.94%Apr 8, 1996130Oct 9, 1996134Apr 22, 1997264
-13.26%Mar 17, 199853Jun 1, 199824Jul 6, 199877
-10.15%Jul 28, 199513Aug 15, 199517Sep 8, 199530
-10.11%Oct 22, 19974Oct 27, 199724Dec 1, 199728

Volatility Chart

The current NYSE Arca Airline Index volatility is 9.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%2023FebruaryMarchAprilMay
9.79%
3.67%
^XAL (NYSE Arca Airline Index)
Benchmark (^GSPC)