NRIM vs. XAR
Compare and contrast key facts about Northrim BanCorp, Inc. (NRIM) 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: NRIM or XAR.
Correlation
The correlation between NRIM and XAR is 0.39, 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.
Performance
NRIM vs. XAR - Performance Comparison
Key characteristics
NRIM:
2.14
XAR:
1.55
NRIM:
2.96
XAR:
2.19
NRIM:
1.35
XAR:
1.27
NRIM:
3.67
XAR:
3.61
NRIM:
11.22
XAR:
9.63
NRIM:
7.75%
XAR:
3.01%
NRIM:
39.87%
XAR:
18.54%
NRIM:
-74.58%
XAR:
-46.37%
NRIM:
-7.22%
XAR:
-6.64%
Returns By Period
In the year-to-date period, NRIM achieves a 7.78% return, which is significantly higher than XAR's 1.78% return. Over the past 10 years, NRIM has outperformed XAR with an annualized return of 18.41%, while XAR has yielded a comparatively lower 12.55% annualized return.
NRIM
7.78%
8.71%
30.91%
61.42%
21.16%
18.41%
XAR
1.78%
-1.01%
11.73%
24.55%
8.11%
12.55%
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Risk-Adjusted Performance
NRIM vs. XAR — Risk-Adjusted Performance Rank
NRIM
XAR
NRIM vs. XAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northrim BanCorp, Inc. (NRIM) 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
NRIM vs. XAR - Dividend Comparison
NRIM's dividend yield for the trailing twelve months is around 2.93%, more than XAR's 0.65% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NRIM Northrim BanCorp, Inc. | 2.93% | 3.16% | 4.20% | 3.34% | 3.45% | 4.06% | 3.29% | 3.10% | 2.54% | 2.47% | 2.78% | 2.67% |
XAR SPDR S&P Aerospace & Defense ETF | 0.65% | 0.66% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.10% | 2.31% | 1.07% |
Drawdowns
NRIM vs. XAR - Drawdown Comparison
The maximum NRIM drawdown since its inception was -74.58%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for NRIM and XAR. For additional features, visit the drawdowns tool.
Volatility
NRIM vs. XAR - Volatility Comparison
Northrim BanCorp, Inc. (NRIM) has a higher volatility of 9.41% compared to SPDR S&P Aerospace & Defense ETF (XAR) at 6.68%. This indicates that NRIM'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.