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AME vs. XLU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AMEXLU
YTD Return2.62%10.47%
1Y Return8.80%7.87%
3Y Return (Ann)8.81%5.71%
5Y Return (Ann)14.75%5.79%
10Y Return (Ann)13.01%8.24%
Sharpe Ratio0.500.41
Daily Std Dev16.96%17.24%
Max Drawdown-53.31%-52.27%
Current Drawdown-8.64%-6.05%

Correlation

-0.50.00.51.00.3

The correlation between AME and XLU is 0.34, 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

AME vs. XLU - Performance Comparison

In the year-to-date period, AME achieves a 2.62% return, which is significantly lower than XLU's 10.47% return. Over the past 10 years, AME has outperformed XLU with an annualized return of 13.01%, while XLU has yielded a comparatively lower 8.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2,000.00%4,000.00%6,000.00%8,000.00%2024FebruaryMarchAprilMayJune
6,573.92%
461.29%
AME
XLU

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMETEK, Inc.

Utilities Select Sector SPDR Fund

Risk-Adjusted Performance

AME vs. XLU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AMETEK, Inc. (AME) and Utilities Select Sector SPDR Fund (XLU). 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.


AME
Sharpe ratio
The chart of Sharpe ratio for AME, currently valued at 0.50, compared to the broader market-2.00-1.000.001.002.003.000.50
Sortino ratio
The chart of Sortino ratio for AME, currently valued at 0.76, compared to the broader market-4.00-2.000.002.004.000.76
Omega ratio
The chart of Omega ratio for AME, currently valued at 1.11, compared to the broader market0.501.001.502.001.11
Calmar ratio
The chart of Calmar ratio for AME, currently valued at 0.61, compared to the broader market0.002.004.006.000.61
Martin ratio
The chart of Martin ratio for AME, currently valued at 1.57, compared to the broader market-5.000.005.0010.0015.0020.0025.001.57
XLU
Sharpe ratio
The chart of Sharpe ratio for XLU, currently valued at 0.41, compared to the broader market-2.00-1.000.001.002.003.000.41
Sortino ratio
The chart of Sortino ratio for XLU, currently valued at 0.69, compared to the broader market-4.00-2.000.002.004.000.69
Omega ratio
The chart of Omega ratio for XLU, currently valued at 1.08, compared to the broader market0.501.001.502.001.08
Calmar ratio
The chart of Calmar ratio for XLU, currently valued at 0.28, compared to the broader market0.002.004.006.000.28
Martin ratio
The chart of Martin ratio for XLU, currently valued at 0.97, compared to the broader market-5.000.005.0010.0015.0020.0025.000.97

AME vs. XLU - Sharpe Ratio Comparison

The current AME Sharpe Ratio is 0.50, which roughly equals the XLU Sharpe Ratio of 0.41. The chart below compares the 12-month rolling Sharpe Ratio of AME and XLU.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002024FebruaryMarchAprilMayJune
0.50
0.41
AME
XLU

Dividends

AME vs. XLU - Dividend Comparison

AME's dividend yield for the trailing twelve months is around 0.63%, less than XLU's 2.36% yield.


TTM20232022202120202019201820172016201520142013
AME
AMETEK, Inc.
0.63%0.61%0.63%0.54%0.60%0.56%0.83%0.50%0.74%0.67%0.63%0.46%
XLU
Utilities Select Sector SPDR Fund
2.36%3.39%2.92%2.79%3.14%2.95%3.33%3.33%3.41%3.67%3.19%3.86%

Drawdowns

AME vs. XLU - Drawdown Comparison

The maximum AME drawdown since its inception was -53.31%, roughly equal to the maximum XLU drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for AME and XLU. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%2024FebruaryMarchAprilMayJune
-8.64%
-6.05%
AME
XLU

Volatility

AME vs. XLU - Volatility Comparison

AMETEK, Inc. (AME) has a higher volatility of 7.33% compared to Utilities Select Sector SPDR Fund (XLU) at 4.53%. This indicates that AME's price experiences larger fluctuations and is considered to be riskier than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%2024FebruaryMarchAprilMayJune
7.33%
4.53%
AME
XLU