PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AIRR vs. QSR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AIRRQSR
YTD Return16.03%1.99%
1Y Return43.28%26.17%
3Y Return (Ann)18.63%8.87%
5Y Return (Ann)22.69%7.62%
Sharpe Ratio2.001.47
Daily Std Dev22.23%19.66%
Max Drawdown-42.37%-63.03%
Current Drawdown0.00%-3.71%

Correlation

0.41
-1.001.00

The correlation between AIRR and QSR is 0.41, 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.

Performance

AIRR vs. QSR - Performance Comparison

In the year-to-date period, AIRR achieves a 16.03% return, which is significantly higher than QSR's 1.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


150.00%200.00%250.00%300.00%OctoberNovemberDecember2024FebruaryMarch
289.30%
194.83%
AIRR
QSR

Compare stocks, funds, or ETFs


First Trust RBA American Industrial Renaissance ETF

Restaurant Brands International Inc.

Risk-Adjusted Performance

AIRR vs. QSR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA American Industrial Renaissance ETF (AIRR) and Restaurant Brands International Inc. (QSR). 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
AIRR
First Trust RBA American Industrial Renaissance ETF
2.00
QSR
Restaurant Brands International Inc.
1.47

AIRR vs. QSR - Sharpe Ratio Comparison

The current AIRR Sharpe Ratio is 2.00, which is higher than the QSR Sharpe Ratio of 1.47. The chart below compares the 12-month rolling Sharpe Ratio of AIRR and QSR.


Rolling 12-month Sharpe Ratio0.501.001.502.00OctoberNovemberDecember2024FebruaryMarch
2.00
1.47
AIRR
QSR

Dividends

AIRR vs. QSR - Dividend Comparison

AIRR's dividend yield for the trailing twelve months is around 0.17%, less than QSR's 2.82% yield.


TTM2023202220212020201920182017201620152014
AIRR
First Trust RBA American Industrial Renaissance ETF
0.17%0.23%0.12%0.05%0.10%0.20%0.43%0.30%0.08%0.47%0.38%
QSR
Restaurant Brands International Inc.
2.82%2.82%3.34%3.49%3.40%3.14%3.44%1.27%1.30%1.18%0.00%

Drawdowns

AIRR vs. QSR - Drawdown Comparison

The maximum AIRR drawdown since its inception was -42.37%, smaller than the maximum QSR drawdown of -63.03%. The drawdown chart below compares losses from any high point along the way for AIRR and QSR


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-3.71%
AIRR
QSR

Volatility

AIRR vs. QSR - Volatility Comparison

The current volatility for First Trust RBA American Industrial Renaissance ETF (AIRR) is 4.44%, while Restaurant Brands International Inc. (QSR) has a volatility of 6.37%. This indicates that AIRR experiences smaller price fluctuations and is considered to be less risky than QSR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%OctoberNovemberDecember2024FebruaryMarch
4.44%
6.37%
AIRR
QSR