GD vs. XAR
Compare and contrast key facts about General Dynamics Corporation (GD) and SPDR S&P Aerospace & Defense ETF (XAR).
XAR is a passively managed fund by State Street that tracks the performance of the S&P Aerospace & Defense Select Industry. It was launched on Sep 28, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GD or XAR.
Key characteristics
| GD | XAR | |
|---|---|---|
| YTD Return | 11.69% | 0.56% |
| 1Y Return | 34.59% | 19.19% |
| 3Y Return (Ann) | 17.39% | 2.54% |
| 5Y Return (Ann) | 13.22% | 7.82% |
| 10Y Return (Ann) | 12.44% | 11.57% |
| Sharpe Ratio | 1.96 | 1.18 |
| Daily Std Dev | 17.55% | 16.50% |
| Max Drawdown | -76.10% | -46.37% |
| Current Drawdown | -2.26% | -4.01% |
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.
Performance
GD vs. XAR - Performance Comparison
In the year-to-date period, GD achieves a 11.69% return, which is significantly higher than XAR's 0.56% return. Over the past 10 years, GD has outperformed XAR with an annualized return of 12.44%, while XAR has yielded a comparatively lower 11.57% annualized 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
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.
Dividends
GD vs. XAR - Dividend Comparison
GD's dividend yield for the trailing twelve months is around 1.87%, more than XAR's 0.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GD General Dynamics Corporation | 1.87% | 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 | 0.57% | 0.54% | 0.50% | 0.83% | 0.63% | 0.74% | 1.19% | 0.76% | 1.09% | 2.31% | 1.07% | 1.96% |
Drawdowns
GD vs. XAR - Drawdown Comparison
The maximum GD drawdown since its inception was -76.10%, 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.
Volatility
GD vs. XAR - Volatility Comparison
General Dynamics Corporation (GD) has a higher volatility of 5.37% compared to SPDR S&P Aerospace & Defense ETF (XAR) at 3.99%. This indicates that GD's price experiences larger fluctuations and is considered to be riskier than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.