JBLU vs. SAVE
Compare and contrast key facts about JetBlue Airways Corporation (JBLU) and Spirit Airlines, Inc. (SAVE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JBLU or SAVE.
Correlation
The correlation between JBLU and SAVE is 0.54, 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
JBLU vs. SAVE - Performance Comparison
Key characteristics
JBLU:
0.46
SAVE:
-0.61
JBLU:
1.08
SAVE:
-1.67
JBLU:
1.15
SAVE:
0.69
JBLU:
0.38
SAVE:
-0.99
JBLU:
1.68
SAVE:
-1.36
JBLU:
19.33%
SAVE:
72.69%
JBLU:
69.80%
SAVE:
162.03%
JBLU:
-90.91%
SAVE:
-99.83%
JBLU:
-76.17%
SAVE:
-99.80%
Fundamentals
JBLU:
$2.53B
SAVE:
$118.28M
JBLU:
-$2.48
SAVE:
-$6.20
JBLU:
6.80
SAVE:
20.44
JBLU:
$9.33B
SAVE:
$3.87B
JBLU:
$714.00M
SAVE:
$226.68M
JBLU:
-$9.00M
SAVE:
-$197.60M
Returns By Period
In the year-to-date period, JBLU achieves a 34.05% return, which is significantly higher than SAVE's -99.06% return. Over the past 10 years, JBLU has outperformed SAVE with an annualized return of -6.96%, while SAVE has yielded a comparatively lower -46.03% annualized return.
JBLU
34.05%
23.18%
29.62%
29.84%
-17.31%
-6.96%
SAVE
-99.06%
15.38%
-96.13%
-99.06%
-67.49%
-46.03%
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Risk-Adjusted Performance
JBLU vs. SAVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JetBlue Airways Corporation (JBLU) and Spirit Airlines, Inc. (SAVE). 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
JBLU vs. SAVE - Dividend Comparison
JBLU has not paid dividends to shareholders, while SAVE's dividend yield for the trailing twelve months is around 133.33%.
TTM | 2023 | |
---|---|---|
JetBlue Airways Corporation | 0.00% | 0.00% |
Spirit Airlines, Inc. | 133.33% | 7.32% |
Drawdowns
JBLU vs. SAVE - Drawdown Comparison
The maximum JBLU drawdown since its inception was -90.91%, smaller than the maximum SAVE drawdown of -99.83%. Use the drawdown chart below to compare losses from any high point for JBLU and SAVE. For additional features, visit the drawdowns tool.
Volatility
JBLU vs. SAVE - Volatility Comparison
JetBlue Airways Corporation (JBLU) has a higher volatility of 17.28% compared to Spirit Airlines, Inc. (SAVE) at 10.45%. This indicates that JBLU's price experiences larger fluctuations and is considered to be riskier than SAVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
JBLU vs. SAVE - Financials Comparison
This section allows you to compare key financial metrics between JetBlue Airways Corporation and Spirit Airlines, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities