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EDIT vs. XLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EDIT and XLG is 0.37, 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.


-0.50.00.51.00.4

Performance

EDIT vs. XLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Editas Medicine, Inc. (EDIT) and Invesco S&P 500® Top 50 ETF (XLG). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
-92.80%
323.14%
EDIT
XLG

Key characteristics

Sharpe Ratio

EDIT:

-1.15

XLG:

2.42

Sortino Ratio

EDIT:

-3.08

XLG:

3.13

Omega Ratio

EDIT:

0.67

XLG:

1.44

Calmar Ratio

EDIT:

-0.88

XLG:

3.21

Martin Ratio

EDIT:

-1.58

XLG:

13.23

Ulcer Index

EDIT:

55.13%

XLG:

2.75%

Daily Std Dev

EDIT:

75.78%

XLG:

15.05%

Max Drawdown

EDIT:

-98.55%

XLG:

-52.39%

Current Drawdown

EDIT:

-98.55%

XLG:

-1.96%

Returns By Period

In the year-to-date period, EDIT achieves a -87.07% return, which is significantly lower than XLG's 34.91% return.


EDIT

YTD

-87.07%

1M

-45.64%

6M

-74.36%

1Y

-87.33%

5Y*

-47.24%

10Y*

N/A

XLG

YTD

34.91%

1M

2.97%

6M

11.04%

1Y

35.23%

5Y*

18.15%

10Y*

15.20%

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

EDIT vs. XLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Editas Medicine, Inc. (EDIT) and Invesco S&P 500® Top 50 ETF (XLG). 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 EDIT, currently valued at -1.15, compared to the broader market-4.00-2.000.002.00-1.152.42
The chart of Sortino ratio for EDIT, currently valued at -3.08, compared to the broader market-4.00-2.000.002.004.00-3.083.13
The chart of Omega ratio for EDIT, currently valued at 0.67, compared to the broader market0.501.001.502.000.671.44
The chart of Calmar ratio for EDIT, currently valued at -0.88, compared to the broader market0.002.004.006.00-0.883.21
The chart of Martin ratio for EDIT, currently valued at -1.58, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.5813.23
EDIT
XLG

The current EDIT Sharpe Ratio is -1.15, which is lower than the XLG Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of EDIT and XLG, 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
-1.15
2.42
EDIT
XLG

Dividends

EDIT vs. XLG - Dividend Comparison

EDIT has not paid dividends to shareholders, while XLG's dividend yield for the trailing twelve months is around 0.53%.


TTM20232022202120202019201820172016201520142013
EDIT
Editas Medicine, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLG
Invesco S&P 500® Top 50 ETF
0.53%0.97%1.34%0.94%1.25%1.58%2.00%1.85%2.00%2.09%1.97%1.97%

Drawdowns

EDIT vs. XLG - Drawdown Comparison

The maximum EDIT drawdown since its inception was -98.55%, which is greater than XLG's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for EDIT and XLG. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-98.55%
-1.96%
EDIT
XLG

Volatility

EDIT vs. XLG - Volatility Comparison

Editas Medicine, Inc. (EDIT) has a higher volatility of 35.04% compared to Invesco S&P 500® Top 50 ETF (XLG) at 4.11%. This indicates that EDIT's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
35.04%
4.11%
EDIT
XLG
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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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