ADC vs. XLF
Compare and contrast key facts about Agree Realty Corporation (ADC) and Financial Select Sector SPDR Fund (XLF).
XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADC or XLF.
Key characteristics
ADC | XLF | |
---|---|---|
YTD Return | -8.79% | 11.83% |
1Y Return | -11.15% | 35.74% |
3Y Return (Ann) | -1.37% | 8.85% |
5Y Return (Ann) | -0.02% | 12.55% |
10Y Return (Ann) | 11.29% | 13.44% |
Sharpe Ratio | -0.59 | 2.78 |
Daily Std Dev | 18.48% | 12.85% |
Max Drawdown | -70.25% | -82.43% |
Current Drawdown | -23.90% | -0.02% |
Correlation
The correlation between ADC and XLF is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ADC vs. XLF - Performance Comparison
In the year-to-date period, ADC achieves a -8.79% return, which is significantly lower than XLF's 11.83% return. Over the past 10 years, ADC has underperformed XLF with an annualized return of 11.29%, while XLF has yielded a comparatively higher 13.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
ADC vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agree Realty Corporation (ADC) and Financial Select Sector SPDR Fund (XLF). 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Agree Realty Corporation | -0.59 | ||||
Financial Select Sector SPDR Fund | 2.78 |
Dividends
ADC vs. XLF - Dividend Comparison
ADC's dividend yield for the trailing twelve months is around 5.61%, more than XLF's 1.53% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Agree Realty Corporation | 5.61% | 4.64% | 3.95% | 3.65% | 3.61% | 3.25% | 3.65% | 3.94% | 4.17% | 5.43% | 5.60% | 5.65% |
Financial Select Sector SPDR Fund | 1.53% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
ADC vs. XLF - Drawdown Comparison
The maximum ADC drawdown since its inception was -70.25%, smaller than the maximum XLF drawdown of -82.43%. The drawdown chart below compares losses from any high point along the way for ADC and XLF
Volatility
ADC vs. XLF - Volatility Comparison
Agree Realty Corporation (ADC) has a higher volatility of 6.07% compared to Financial Select Sector SPDR Fund (XLF) at 2.63%. This indicates that ADC's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.