ASC vs. JXI
ASC (Ardmore Shipping Corporation) is a stock, while JXI (iShares Global Utilities ETF) is Utilities Equities fund tracking the S&P Global Utilities Index. Over the past 10 years, ASC returned 10.57%/yr vs 9.09%/yr for JXI. At a 0.10 correlation, their price movements are largely independent.
Performance
ASC vs. JXI - Performance Comparison
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Returns By Period
In the year-to-date period, ASC achieves a 53.94% return, which is significantly higher than JXI's 9.96% return. Over the past 10 years, ASC has outperformed JXI with an annualized return of 10.57%, while JXI has yielded a comparatively lower 9.09% annualized return.
ASC
- 1D
- -3.42%
- 1M
- -7.32%
- 6M
- 40.30%
- YTD
- 53.94%
- 1Y
- 57.77%
- 3Y*
- 15.83%
- 5Y*
- 39.63%
- 10Y*
- 10.57%
JXI
- 1D
- 0.59%
- 1M
- 2.24%
- 6M
- 9.43%
- YTD
- 9.96%
- 1Y
- 18.89%
- 3Y*
- 15.45%
- 5Y*
- 10.31%
- 10Y*
- 9.09%
ASC vs. JXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 53.94% | -10.36% | -8.18% | 5.81% | 326.33% | 3.36% | -63.57% | 93.79% | -41.63% | 8.11% |
JXI iShares Global Utilities ETF | 9.96% | 25.91% | 13.14% | 0.63% | -4.17% | 10.88% | 5.19% | 23.94% | 2.31% | 14.79% |
Correlation
The correlation between ASC and JXI is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013 | 0.10 |
The correlation between ASC and JXI shifts across timeframes, from -0.04 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASC vs. JXI — Risk / Return Rank
ASC
JXI
ASC vs. JXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ardmore Shipping Corporation (ASC) and iShares Global Utilities ETF (JXI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASC | JXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.26 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.35 | -0.20 |
| Martin ratioReturn relative to average drawdown | 5.70 | 6.49 | -0.79 |
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Drawdowns
ASC vs. JXI - Drawdown Comparison
The maximum ASC drawdown since its inception was -80.11%, which is greater than JXI's maximum drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for ASC and JXI.
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Drawdown Indicators
| ASC | JXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.11% | -50.23% | -29.88% |
Max Drawdown (1Y)Largest decline over 1 year | -27.10% | -8.09% | -19.01% |
Max Drawdown (3Y)Largest decline over 3 years | -61.41% | -16.29% | -45.12% |
Max Drawdown (5Y)Largest decline over 5 years | -61.41% | -22.45% | -38.96% |
Max Drawdown (10Y)Largest decline over 10 years | -71.21% | -34.20% | -37.01% |
Current DrawdownCurrent decline from peak | -24.63% | -3.26% | -21.37% |
Average DrawdownAverage peak-to-trough decline | -38.86% | -12.78% | -26.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.18% | 2.92% | +7.26% |
Volatility
ASC vs. JXI - Volatility Comparison
Ardmore Shipping Corporation (ASC) has a higher volatility of 17.21% compared to iShares Global Utilities ETF (JXI) at 3.83%. This indicates that ASC's price experiences larger fluctuations and is considered to be riskier than JXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASC | JXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.21% | 3.83% | +13.38% |
Volatility (6M)Calculated over the trailing 6-month period | 30.10% | 10.87% | +19.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.30% | 13.12% | +25.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.88% | 15.42% | +30.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.14% | 16.97% | +34.17% |
Dividends
ASC vs. JXI - Dividend Comparison
ASC's dividend yield for the trailing twelve months is around 4.11%, more than JXI's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 4.11% | 2.83% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% |
JXI iShares Global Utilities ETF | 2.40% | 2.56% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% |
Frequently Asked Questions
ASC and JXI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASC has higher volatility (17.21%) compared to JXI (3.83%). In terms of maximum drawdown, ASC dropped -80.11% vs JXI's -50.23%.
ASC currently has the higher Sharpe Ratio (1.52 vs 1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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