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GD vs. XAR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GD and XAR is 0.67, 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.


-0.50.00.51.00.7

Performance

GD vs. XAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in General Dynamics Corporation (GD) and SPDR S&P Aerospace & Defense ETF (XAR). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
519.99%
669.93%
GD
XAR

Key characteristics

Sharpe Ratio

GD:

0.44

XAR:

1.50

Sortino Ratio

GD:

0.71

XAR:

2.06

Omega Ratio

GD:

1.10

XAR:

1.26

Calmar Ratio

GD:

0.45

XAR:

3.34

Martin Ratio

GD:

1.70

XAR:

8.92

Ulcer Index

GD:

4.58%

XAR:

3.01%

Daily Std Dev

GD:

17.79%

XAR:

17.87%

Max Drawdown

GD:

-95.88%

XAR:

-46.37%

Current Drawdown

GD:

-16.05%

XAR:

-5.76%

Returns By Period

In the year-to-date period, GD achieves a 3.58% return, which is significantly lower than XAR's 23.29% return. Over the past 10 years, GD has underperformed XAR with an annualized return of 8.87%, while XAR has yielded a comparatively higher 12.82% annualized return.


GD

YTD

3.58%

1M

-5.86%

6M

-10.73%

1Y

6.55%

5Y*

10.79%

10Y*

8.87%

XAR

YTD

23.29%

1M

-2.24%

6M

17.32%

1Y

23.19%

5Y*

9.29%

10Y*

12.82%

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Risk-Adjusted Performance

GD vs. XAR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for General Dynamics Corporation (GD) and SPDR S&P Aerospace & Defense ETF (XAR). 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 GD, currently valued at 0.44, compared to the broader market-4.00-2.000.002.000.441.50
The chart of Sortino ratio for GD, currently valued at 0.71, compared to the broader market-4.00-2.000.002.004.000.712.06
The chart of Omega ratio for GD, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.26
The chart of Calmar ratio for GD, currently valued at 0.45, compared to the broader market0.002.004.006.000.453.34
The chart of Martin ratio for GD, currently valued at 1.70, compared to the broader market-5.000.005.0010.0015.0020.0025.001.708.92
GD
XAR

The current GD Sharpe Ratio is 0.44, which is lower than the XAR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of GD and XAR, 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.44
1.50
GD
XAR

Dividends

GD vs. XAR - Dividend Comparison

GD's dividend yield for the trailing twelve months is around 2.12%, more than XAR's 0.32% yield.


TTM20232022202120202019201820172016201520142013
GD
General Dynamics Corporation
2.12%2.01%2.00%2.24%2.90%2.26%2.31%1.61%1.72%2.46%1.76%1.76%
XAR
SPDR S&P Aerospace & Defense ETF
0.32%0.54%0.50%0.83%0.63%0.75%1.19%0.76%1.10%2.31%1.07%1.96%

Drawdowns

GD vs. XAR - Drawdown Comparison

The maximum GD drawdown since its inception was -95.88%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for GD and XAR. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.05%
-5.76%
GD
XAR

Volatility

GD vs. XAR - Volatility Comparison

The current volatility for General Dynamics Corporation (GD) is 4.45%, while SPDR S&P Aerospace & Defense ETF (XAR) has a volatility of 7.27%. This indicates that GD experiences smaller price fluctuations and is considered to be less risky than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.45%
7.27%
GD
XAR
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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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