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ARTNA vs. XLI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARTNA and XLI is 0.23, 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.


-0.50.00.51.00.2

Performance

ARTNA vs. XLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artesian Resources Corporation (ARTNA) and Industrial Select Sector SPDR Fund (XLI). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
564.07%
813.72%
ARTNA
XLI

Key characteristics

Sharpe Ratio

ARTNA:

-0.73

XLI:

1.56

Sortino Ratio

ARTNA:

-0.92

XLI:

2.28

Omega Ratio

ARTNA:

0.89

XLI:

1.28

Calmar Ratio

ARTNA:

-0.46

XLI:

2.61

Martin Ratio

ARTNA:

-1.48

XLI:

9.53

Ulcer Index

ARTNA:

14.64%

XLI:

2.23%

Daily Std Dev

ARTNA:

29.44%

XLI:

13.64%

Max Drawdown

ARTNA:

-46.71%

XLI:

-62.26%

Current Drawdown

ARTNA:

-45.40%

XLI:

-7.06%

Returns By Period

In the year-to-date period, ARTNA achieves a -20.20% return, which is significantly lower than XLI's 18.55% return. Over the past 10 years, ARTNA has underperformed XLI with an annualized return of 6.74%, while XLI has yielded a comparatively higher 10.83% annualized return.


ARTNA

YTD

-20.20%

1M

-5.93%

6M

-7.11%

1Y

-22.32%

5Y*

-0.43%

10Y*

6.74%

XLI

YTD

18.55%

1M

-4.88%

6M

9.55%

1Y

19.45%

5Y*

12.03%

10Y*

10.83%

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Risk-Adjusted Performance

ARTNA vs. XLI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Artesian Resources Corporation (ARTNA) and Industrial Select Sector SPDR Fund (XLI). 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
The chart of Sharpe ratio for ARTNA, currently valued at -0.73, compared to the broader market-4.00-2.000.002.00-0.731.56
The chart of Sortino ratio for ARTNA, currently valued at -0.92, compared to the broader market-4.00-2.000.002.004.00-0.922.28
The chart of Omega ratio for ARTNA, currently valued at 0.89, compared to the broader market0.501.001.502.000.891.28
The chart of Calmar ratio for ARTNA, currently valued at -0.46, compared to the broader market0.002.004.006.00-0.462.61
The chart of Martin ratio for ARTNA, currently valued at -1.48, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.489.53
ARTNA
XLI

The current ARTNA Sharpe Ratio is -0.73, which is lower than the XLI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of ARTNA and XLI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.73
1.56
ARTNA
XLI

Dividends

ARTNA vs. XLI - Dividend Comparison

ARTNA's dividend yield for the trailing twelve months is around 3.69%, more than XLI's 0.92% yield.


TTM20232022202120202019201820172016201520142013
ARTNA
Artesian Resources Corporation
3.69%2.74%1.86%2.26%2.71%2.64%2.74%2.40%2.82%3.15%3.75%3.59%
XLI
Industrial Select Sector SPDR Fund
0.92%1.63%1.64%1.25%1.55%1.94%2.15%1.77%2.07%2.15%1.85%1.68%

Drawdowns

ARTNA vs. XLI - Drawdown Comparison

The maximum ARTNA drawdown since its inception was -46.71%, smaller than the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for ARTNA and XLI. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-45.40%
-7.06%
ARTNA
XLI

Volatility

ARTNA vs. XLI - Volatility Comparison

Artesian Resources Corporation (ARTNA) has a higher volatility of 7.16% compared to Industrial Select Sector SPDR Fund (XLI) at 4.36%. This indicates that ARTNA's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.16%
4.36%
ARTNA
XLI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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