LMT vs. XAR
Compare and contrast key facts about Lockheed Martin Corporation (LMT) 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: LMT or XAR.
Key characteristics
| LMT | XAR | |
|---|---|---|
| YTD Return | 2.62% | 1.19% |
| 1Y Return | 3.45% | 19.73% |
| 3Y Return (Ann) | 9.64% | 2.75% |
| 5Y Return (Ann) | 9.60% | 7.62% |
| 10Y Return (Ann) | 14.01% | 11.63% |
| Sharpe Ratio | 0.07 | 1.21 |
| Daily Std Dev | 17.18% | 16.51% |
| Max Drawdown | -70.23% | -46.37% |
| Current Drawdown | -5.32% | -3.41% |
Correlation
The correlation between LMT and XAR is 0.59, 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
LMT vs. XAR - Performance Comparison
In the year-to-date period, LMT achieves a 2.62% return, which is significantly higher than XAR's 1.19% return. Over the past 10 years, LMT has outperformed XAR with an annualized return of 14.01%, while XAR has yielded a comparatively lower 11.63% 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
LMT vs. XAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lockheed Martin Corporation (LMT) 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
LMT vs. XAR - Dividend Comparison
LMT's dividend yield for the trailing twelve months is around 2.66%, more than XAR's 0.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.66% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
XAR SPDR S&P Aerospace & Defense ETF | 0.56% | 0.54% | 0.50% | 0.83% | 0.63% | 0.74% | 1.19% | 0.76% | 1.09% | 2.31% | 1.07% | 1.96% |
Drawdowns
LMT vs. XAR - Drawdown Comparison
The maximum LMT drawdown since its inception was -70.23%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for LMT and XAR. For additional features, visit the drawdowns tool.
Volatility
LMT vs. XAR - Volatility Comparison
Lockheed Martin Corporation (LMT) and SPDR S&P Aerospace & Defense ETF (XAR) have volatilities of 3.88% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.