- Issuer
- ETF Issuer
- Category
- Total Bond Market
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
XARO.AX Performance Chart
Ardea Real Outcome Bond Complex ETF (XARO.AX) is up 1.4% since the beginning of the year. XARO.AX is currently trading at A$25 per share. Investors who bought A$1,000 worth of XARO.AX shares 5 years ago would now be looking at an investment worth A$1,106.
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Returns By Period
Ardea Real Outcome Bond Complex ETF (XARO.AX) has returned 1.43% so far this year and 4.40% over the past 12 months.
Ardea Real Outcome Bond Complex ETF
- 1D
- 0.12%
- 1M
- 0.96%
- 6M
- 1.47%
- YTD
- 1.43%
- 1Y
- 4.40%
- 3Y*
- 2.59%
- 5Y*
- 2.03%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
XARO.AX Monthly Returns History
Based on dividend-adjusted daily data since Dec 6, 2018, XARO.AX's average daily return is +0.01%, while the average monthly return is +0.26%. At this rate, an investment would double in approximately 22.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Mar 2023 with a return of +3.5%, while the worst month was Jul 2022 at -2.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, XARO.AX closed higher 44% of trading days. The best single day was Jul 1, 2022 with a return of +4.4%, while the worst single day was Mar 17, 2020 at -4.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.48% | 0.32% | -1.62% | 0.89% | -0.28% | 0.44% | 1.21% | 1.43% | |||||
| 2025 | 0.63% | 0.80% | 1.05% | -0.46% | 0.83% | 0.62% | 0.21% | 0.41% | 0.53% | 1.11% | 0.61% | 0.24% | 6.78% |
| 2024 | 0.02% | 0.38% | -0.67% | 0.47% | -0.59% | -0.04% | -0.25% | 0.38% | 0.13% | 0.11% | 0.30% | 0.25% | 0.49% |
| 2023 | -0.95% | 0.64% | 3.51% | -0.16% | -0.20% | 0.08% | 0.29% | 0.65% | 0.69% | -1.21% | -0.25% | -0.86% | 2.17% |
| 2022 | -0.26% | -1.22% | 1.12% | 0.28% | -0.55% | 1.59% | -2.11% | 0.89% | 1.05% | 1.11% | -1.78% | 0.42% | 0.46% |
| 2021 | -0.01% | 0.27% | 0.15% | 0.27% | 0.12% | -0.38% | -0.04% | -0.31% | -0.35% | 0.03% | -0.59% | 0.24% | -0.60% |
Benchmark Metrics
Ardea Real Outcome Bond Complex ETF has an annualized alpha of 5.14%, beta of -0.05, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since December 06, 2018.
- This ETF captured 9.44% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -8.20%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.05 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.14%
- Beta
- -0.05
- R²
- 0.02
- Upside Capture
- 9.44%
- Downside Capture
- -8.20%
Return for Risk
Risk / Return Rank
XARO.AX ranks 46 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Ardea Real Outcome Bond Complex ETF (XARO.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XARO.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.11 | +0.83 |
| Martin ratioReturn relative to average drawdown | 6.74 | 3.10 | +3.64 |
Dividends
Dividend History
Ardea Real Outcome Bond Complex ETF provided a 1.09% dividend yield over the last twelve months, with an annual payout of A$0.27 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | A$0.27 | A$0.39 | A$0.58 | A$0.19 | A$1.76 | A$1.09 | A$1.12 | A$0.65 |
Dividend yield | 1.09% | 1.57% | 2.46% | 0.77% | 7.38% | 4.26% | 4.20% | 2.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Ardea Real Outcome Bond Complex ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.12 | |||||
| 2025 | A$0.12 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.15 | A$0.00 | A$0.00 | A$0.39 |
| 2024 | A$0.25 | A$0.00 | A$0.00 | A$0.22 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.58 |
| 2023 | A$0.11 | A$0.00 | A$0.00 | A$0.07 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.19 |
| 2022 | A$0.13 | A$0.00 | A$0.00 | A$0.11 | A$0.00 | A$0.00 | A$1.40 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$1.76 |
| 2021 | A$0.70 | A$0.00 | A$0.00 | A$0.19 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.20 | A$0.00 | A$0.00 | A$1.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Ardea Real Outcome Bond Complex ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ardea Real Outcome Bond Complex ETF was 7.44%, occurring on Mar 19, 2020. Recovery took 96 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-7.44%Mar 2020 | 8d | 4mo 19d | 4mo 27dMar 2020 - Aug 2020 | COVID crash2020 |
-6.98%Jan 2023 | 6mo 23d | 2y 2mo | 2y 8moJul 2022 - Mar 2025 | — |
-3.94%Mar 2022 | 10mo 12d | 3mo 11d | 1y 1moMay 2021 - Jul 2022 | Bear market2022 |
-2.26%Apr 2026 | 1mo 15d | 3mo 5d | 4mo 20dFeb 2026 - Jul 2026 | — |
-1.70%Jul 2019 | 6d | 1mo 6d | 1mo 12dJul 2019 - Aug 2019 | — |
Drawdown Indicators
| XARO.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.44% | -41.07% | +33.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.26% | -11.69% | +9.43% |
Max Drawdown (3Y)Largest decline over 3 years | -3.42% | -17.74% | +14.32% |
Max Drawdown (5Y)Largest decline over 5 years | -6.98% | -22.01% | +15.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.71% | — |
Current DrawdownCurrent decline from peak | -0.00% | -0.60% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -11.02% | +9.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 4.20% | -3.54% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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