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AIRR vs. XHB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AIRRXHB
YTD Return16.03%15.86%
1Y Return43.28%69.88%
3Y Return (Ann)18.63%17.05%
5Y Return (Ann)22.69%24.66%
10Y Return (Ann)13.62%14.09%
Sharpe Ratio2.003.14
Daily Std Dev22.23%22.58%
Max Drawdown-42.37%-81.61%
Current Drawdown0.00%-0.36%

Correlation

0.72
-1.001.00

The correlation between AIRR and XHB is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

AIRR vs. XHB - Performance Comparison

The year-to-date returns for both stocks are quite close, with AIRR having a 16.03% return and XHB slightly lower at 15.86%. Both investments have delivered pretty close results over the past 10 years, with AIRR having a 13.62% annualized return and XHB not far ahead at 14.09%. 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%OctoberNovemberDecember2024FebruaryMarch
249.08%
262.23%
AIRR
XHB

Compare stocks, funds, or ETFs


First Trust RBA American Industrial Renaissance ETF

SPDR S&P Homebuilders ETF

AIRR vs. XHB - Expense Ratio Comparison

AIRR has a 0.70% expense ratio, which is higher than XHB's 0.35% expense ratio.

AIRR
First Trust RBA American Industrial Renaissance ETF
0.50%1.00%1.50%2.00%0.70%
0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

AIRR vs. XHB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA American Industrial Renaissance ETF (AIRR) and SPDR S&P Homebuilders ETF (XHB). 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
XHB
SPDR S&P Homebuilders ETF
3.14

AIRR vs. XHB - Sharpe Ratio Comparison

The current AIRR Sharpe Ratio is 2.00, which is lower than the XHB Sharpe Ratio of 3.14. The chart below compares the 12-month rolling Sharpe Ratio of AIRR and XHB.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
2.00
3.14
AIRR
XHB

Dividends

AIRR vs. XHB - Dividend Comparison

AIRR's dividend yield for the trailing twelve months is around 0.17%, less than XHB's 0.65% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%
XHB
SPDR S&P Homebuilders ETF
0.65%0.77%1.06%0.51%0.73%0.89%1.25%0.72%0.67%0.50%0.54%0.29%

Drawdowns

AIRR vs. XHB - Drawdown Comparison

The maximum AIRR drawdown since its inception was -42.37%, smaller than the maximum XHB drawdown of -81.61%. The drawdown chart below compares losses from any high point along the way for AIRR and XHB


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-0.36%
AIRR
XHB

Volatility

AIRR vs. XHB - Volatility Comparison

The current volatility for First Trust RBA American Industrial Renaissance ETF (AIRR) is 4.44%, while SPDR S&P Homebuilders ETF (XHB) has a volatility of 5.45%. This indicates that AIRR experiences smaller price fluctuations and is considered to be less risky than XHB 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%
5.45%
AIRR
XHB