ALRS vs. IMOEX
Compare and contrast key facts about Alerus Financial Corporation (ALRS) and MOEX Russia Index (IMOEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALRS or IMOEX.
Key characteristics
| ALRS | IMOEX | |
|---|---|---|
| YTD Return | -10.08% | 11.11% |
| 1Y Return | 52.31% | 36.40% |
| 3Y Return (Ann) | -8.97% | -1.28% |
| 5Y Return (Ann) | 3.80% | 5.99% |
| 10Y Return (Ann) | 4.74% | 10.13% |
| Sharpe Ratio | 1.45 | 3.07 |
| Daily Std Dev | 35.30% | 11.40% |
| Max Drawdown | -61.66% | -83.89% |
| Current Drawdown | -41.21% | -19.69% |
Correlation
The correlation between ALRS and IMOEX is 0.06, 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
ALRS vs. IMOEX - Performance Comparison
In the year-to-date period, ALRS achieves a -10.08% return, which is significantly lower than IMOEX's 11.11% return. Over the past 10 years, ALRS has underperformed IMOEX with an annualized return of 4.74%, while IMOEX has yielded a comparatively higher 10.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALRS vs. IMOEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerus Financial Corporation (ALRS) and MOEX Russia Index (IMOEX). 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.
Drawdowns
ALRS vs. IMOEX - Drawdown Comparison
The maximum ALRS drawdown since its inception was -61.66%, smaller than the maximum IMOEX drawdown of -83.89%. Use the drawdown chart below to compare losses from any high point for ALRS and IMOEX. For additional features, visit the drawdowns tool.
Volatility
ALRS vs. IMOEX - Volatility Comparison
Alerus Financial Corporation (ALRS) has a higher volatility of 7.73% compared to MOEX Russia Index (IMOEX) at 4.23%. This indicates that ALRS's price experiences larger fluctuations and is considered to be riskier than IMOEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.