BAP vs. XLU
Compare and contrast key facts about Credicorp Ltd. (BAP) and Utilities Select Sector SPDR Fund (XLU).
XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAP or XLU.
Key characteristics
BAP | XLU | |
---|---|---|
YTD Return | 12.09% | 3.80% |
1Y Return | 28.49% | 2.26% |
3Y Return (Ann) | 7.17% | 4.11% |
5Y Return (Ann) | -4.57% | 5.65% |
10Y Return (Ann) | 4.47% | 8.28% |
Sharpe Ratio | 1.17 | 0.15 |
Daily Std Dev | 27.06% | 17.05% |
Max Drawdown | -73.50% | -52.27% |
Current Drawdown | -24.22% | -11.72% |
Correlation
The correlation between BAP and XLU is 0.22, 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
BAP vs. XLU - Performance Comparison
In the year-to-date period, BAP achieves a 12.09% return, which is significantly higher than XLU's 3.80% return. Over the past 10 years, BAP has underperformed XLU with an annualized return of 4.47%, while XLU has yielded a comparatively higher 8.28% 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
BAP vs. XLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credicorp Ltd. (BAP) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Credicorp Ltd. | 1.17 | ||||
Utilities Select Sector SPDR Fund | 0.15 |
Dividends
BAP vs. XLU - Dividend Comparison
BAP's dividend yield for the trailing twelve months is around 0.40%, less than XLU's 3.34% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Credicorp Ltd. | 0.40% | 0.45% | 0.29% | 0.99% | 5.37% | 3.94% | 0.20% | 4.13% | 1.47% | 2.25% | 1.19% | 1.96% |
Utilities Select Sector SPDR Fund | 3.34% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% | 3.19% | 3.86% |
Drawdowns
BAP vs. XLU - Drawdown Comparison
The maximum BAP drawdown since its inception was -73.50%, which is greater than XLU's maximum drawdown of -52.27%. The drawdown chart below compares losses from any high point along the way for BAP and XLU
Volatility
BAP vs. XLU - Volatility Comparison
Credicorp Ltd. (BAP) has a higher volatility of 6.85% compared to Utilities Select Sector SPDR Fund (XLU) at 4.03%. This indicates that BAP'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.