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AIR vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AIR and VOO is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

AIR vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAR Corp. (AIR) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
299.25%
602.93%
AIR
VOO

Key characteristics

Sharpe Ratio

AIR:

-0.43

VOO:

2.25

Sortino Ratio

AIR:

-0.38

VOO:

2.98

Omega Ratio

AIR:

0.95

VOO:

1.42

Calmar Ratio

AIR:

-0.60

VOO:

3.31

Martin Ratio

AIR:

-1.17

VOO:

14.77

Ulcer Index

AIR:

12.55%

VOO:

1.90%

Daily Std Dev

AIR:

34.34%

VOO:

12.46%

Max Drawdown

AIR:

-89.04%

VOO:

-33.99%

Current Drawdown

AIR:

-19.82%

VOO:

-2.47%

Returns By Period

In the year-to-date period, AIR achieves a -2.93% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, AIR has underperformed VOO with an annualized return of 8.48%, while VOO has yielded a comparatively higher 13.08% annualized return.


AIR

YTD

-2.93%

1M

-10.32%

6M

-14.68%

1Y

-14.44%

5Y*

3.26%

10Y*

8.48%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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Risk-Adjusted Performance

AIR vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AAR Corp. (AIR) and Vanguard S&P 500 ETF (VOO). 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
The chart of Sharpe ratio for AIR, currently valued at -0.43, compared to the broader market-4.00-2.000.002.00-0.432.25
The chart of Sortino ratio for AIR, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.382.98
The chart of Omega ratio for AIR, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.42
The chart of Calmar ratio for AIR, currently valued at -0.60, compared to the broader market0.002.004.006.00-0.603.31
The chart of Martin ratio for AIR, currently valued at -1.17, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.1714.77
AIR
VOO

The current AIR Sharpe Ratio is -0.43, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of AIR and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.43
2.25
AIR
VOO

Dividends

AIR vs. VOO - Dividend Comparison

AIR has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.


TTM20232022202120202019201820172016201520142013
AIR
AAR Corp.
0.00%0.00%0.00%0.00%0.41%0.67%0.80%0.76%0.91%1.14%1.08%1.07%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

AIR vs. VOO - Drawdown Comparison

The maximum AIR drawdown since its inception was -89.04%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AIR and VOO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.82%
-2.47%
AIR
VOO

Volatility

AIR vs. VOO - Volatility Comparison

AAR Corp. (AIR) has a higher volatility of 9.54% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that AIR's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.54%
3.75%
AIR
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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