CMI vs. XLRE
Compare and contrast key facts about Cummins Inc. (CMI) and Real Estate Select Sector SPDR Fund (XLRE).
XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMI or XLRE.
Correlation
The correlation between CMI and XLRE is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CMI vs. XLRE - Performance Comparison
Key characteristics
CMI:
0.08
XLRE:
0.82
CMI:
0.33
XLRE:
1.21
CMI:
1.04
XLRE:
1.16
CMI:
0.08
XLRE:
0.61
CMI:
0.26
XLRE:
2.88
CMI:
9.05%
XLRE:
5.18%
CMI:
30.49%
XLRE:
18.23%
CMI:
-75.66%
XLRE:
-38.83%
CMI:
-23.68%
XLRE:
-12.65%
Returns By Period
In the year-to-date period, CMI achieves a -15.47% return, which is significantly lower than XLRE's 0.29% return.
CMI
-15.47%
-10.60%
-10.04%
2.75%
17.68%
10.96%
XLRE
0.29%
-2.41%
-6.45%
15.12%
7.71%
N/A
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Risk-Adjusted Performance
CMI vs. XLRE — Risk-Adjusted Performance Rank
CMI
XLRE
CMI vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and Real Estate Select Sector SPDR Fund (XLRE). 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
CMI vs. XLRE - Dividend Comparison
CMI's dividend yield for the trailing twelve months is around 2.43%, less than XLRE's 3.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMI Cummins Inc. | 2.43% | 2.01% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% |
XLRE Real Estate Select Sector SPDR Fund | 3.44% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% |
Drawdowns
CMI vs. XLRE - Drawdown Comparison
The maximum CMI drawdown since its inception was -75.66%, which is greater than XLRE's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for CMI and XLRE. For additional features, visit the drawdowns tool.
Volatility
CMI vs. XLRE - Volatility Comparison
Cummins Inc. (CMI) has a higher volatility of 17.47% compared to Real Estate Select Sector SPDR Fund (XLRE) at 10.14%. This indicates that CMI's price experiences larger fluctuations and is considered to be riskier than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.