AR vs. ITA
Compare and contrast key facts about Antero Resources Corporation (AR) and iShares U.S. Aerospace & Defense ETF (ITA).
ITA is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index. It was launched on May 5, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AR or ITA.
Key characteristics
AR | ITA | |
---|---|---|
YTD Return | 27.87% | 4.42% |
1Y Return | 28.49% | 16.78% |
3Y Return (Ann) | 42.39% | 9.55% |
5Y Return (Ann) | 26.90% | 6.96% |
10Y Return (Ann) | -7.07% | 10.47% |
Sharpe Ratio | 0.74 | 1.28 |
Daily Std Dev | 41.39% | 14.12% |
Max Drawdown | -98.97% | -59.72% |
Current Drawdown | -55.32% | 0.00% |
Correlation
The correlation between AR and ITA is 0.31, 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
AR vs. ITA - Performance Comparison
In the year-to-date period, AR achieves a 27.87% return, which is significantly higher than ITA's 4.42% return. Over the past 10 years, AR has underperformed ITA with an annualized return of -7.07%, while ITA has yielded a comparatively higher 10.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AR vs. ITA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Antero Resources Corporation (AR) and iShares U.S. Aerospace & Defense ETF (ITA). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Antero Resources Corporation | 0.74 | ||||
iShares U.S. Aerospace & Defense ETF | 1.28 |
Dividends
AR vs. ITA - Dividend Comparison
AR has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.88%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Antero Resources Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.58% | 0.99% | 2.20% | 0.00% | 0.00% |
iShares U.S. Aerospace & Defense ETF | 0.88% | 0.93% | 0.95% | 0.82% | 1.07% | 1.53% | 1.13% | 0.91% | 1.07% | 1.03% | 1.20% | 1.13% |
Drawdowns
AR vs. ITA - Drawdown Comparison
The maximum AR drawdown since its inception was -98.97%, which is greater than ITA's maximum drawdown of -59.72%. The drawdown chart below compares losses from any high point along the way for AR and ITA
Volatility
AR vs. ITA - Volatility Comparison
Antero Resources Corporation (AR) has a higher volatility of 7.25% compared to iShares U.S. Aerospace & Defense ETF (ITA) at 2.69%. This indicates that AR's price experiences larger fluctuations and is considered to be riskier than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.