CAR vs. IITU.L
Compare and contrast key facts about Avis Budget Group, Inc. (CAR) and iShares S&P 500 USD Information Technology Sector UCITS (IITU.L).
IITU.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAR or IITU.L.
Key characteristics
| CAR | IITU.L | |
|---|---|---|
| YTD Return | -45.37% | 33.80% |
| 1Y Return | -45.70% | 38.69% |
| 3Y Return (Ann) | -27.59% | 18.44% |
| 5Y Return (Ann) | 27.98% | 25.42% |
| Sharpe Ratio | -0.78 | 1.91 |
| Sortino Ratio | -1.03 | 2.55 |
| Omega Ratio | 0.87 | 1.33 |
| Calmar Ratio | -0.57 | 2.61 |
| Martin Ratio | -1.08 | 7.96 |
| Ulcer Index | 42.67% | 4.83% |
| Daily Std Dev | 59.15% | 20.05% |
| Max Drawdown | -99.23% | -23.56% |
| Current Drawdown | -71.47% | -0.65% |
Correlation
The correlation between CAR and IITU.L 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
CAR vs. IITU.L - Performance Comparison
In the year-to-date period, CAR achieves a -45.37% return, which is significantly lower than IITU.L's 33.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CAR vs. IITU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avis Budget Group, Inc. (CAR) and iShares S&P 500 USD Information Technology Sector UCITS (IITU.L). 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.
Dividends
CAR vs. IITU.L - Dividend Comparison
CAR's dividend yield for the trailing twelve months is around 10.33%, while IITU.L has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
CAR Avis Budget Group, Inc. | 10.33% | 5.64% |
IITU.L iShares S&P 500 USD Information Technology Sector UCITS | 0.00% | 0.00% |
Drawdowns
CAR vs. IITU.L - Drawdown Comparison
The maximum CAR drawdown since its inception was -99.23%, which is greater than IITU.L's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for CAR and IITU.L. For additional features, visit the drawdowns tool.
Volatility
CAR vs. IITU.L - Volatility Comparison
Avis Budget Group, Inc. (CAR) has a higher volatility of 19.01% compared to iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) at 5.53%. This indicates that CAR's price experiences larger fluctuations and is considered to be riskier than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.