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

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.


-0.50.00.51.00.4

Performance

NRIM vs. XAR - Performance Comparison

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

400.00%450.00%500.00%550.00%600.00%650.00%700.00%750.00%SeptemberOctoberNovemberDecember2025February
580.69%
683.81%
NRIM
XAR

Key characteristics

Sharpe Ratio

NRIM:

2.14

XAR:

1.55

Sortino Ratio

NRIM:

2.96

XAR:

2.19

Omega Ratio

NRIM:

1.35

XAR:

1.27

Calmar Ratio

NRIM:

3.67

XAR:

3.61

Martin Ratio

NRIM:

11.22

XAR:

9.63

Ulcer Index

NRIM:

7.75%

XAR:

3.01%

Daily Std Dev

NRIM:

39.87%

XAR:

18.54%

Max Drawdown

NRIM:

-74.58%

XAR:

-46.37%

Current Drawdown

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

YTD

7.78%

1M

8.71%

6M

30.91%

1Y

61.42%

5Y*

21.16%

10Y*

18.41%

XAR

YTD

1.78%

1M

-1.01%

6M

11.73%

1Y

24.55%

5Y*

8.11%

10Y*

12.55%

*Annualized

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Risk-Adjusted Performance

NRIM vs. XAR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRIM
The Risk-Adjusted Performance Rank of NRIM is 9292
Overall Rank
The Sharpe Ratio Rank of NRIM is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of NRIM is 9090
Sortino Ratio Rank
The Omega Ratio Rank of NRIM is 8787
Omega Ratio Rank
The Calmar Ratio Rank of NRIM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of NRIM is 9292
Martin Ratio Rank

XAR
The Risk-Adjusted Performance Rank of XAR is 6969
Overall Rank
The Sharpe Ratio Rank of XAR is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of XAR is 6262
Sortino Ratio Rank
The Omega Ratio Rank of XAR is 6060
Omega Ratio Rank
The Calmar Ratio Rank of XAR is 8888
Calmar Ratio Rank
The Martin Ratio Rank of XAR is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for NRIM, currently valued at 2.14, compared to the broader market-2.000.002.004.002.141.55
The chart of Sortino ratio for NRIM, currently valued at 2.96, compared to the broader market-6.00-4.00-2.000.002.004.006.002.962.19
The chart of Omega ratio for NRIM, currently valued at 1.35, compared to the broader market0.501.001.502.001.351.27
The chart of Calmar ratio for NRIM, currently valued at 3.67, compared to the broader market0.002.004.006.003.673.61
The chart of Martin ratio for NRIM, currently valued at 11.22, compared to the broader market-10.000.0010.0020.0030.0011.229.63
NRIM
XAR

The current NRIM Sharpe Ratio is 2.14, which is higher than the XAR Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of NRIM 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 Ratio1.001.502.002.50SeptemberOctoberNovemberDecember2025February
2.14
1.55
NRIM
XAR

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.


TTM20242023202220212020201920182017201620152014
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.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-7.22%
-6.64%
NRIM
XAR

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.


5.00%10.00%15.00%20.00%SeptemberOctoberNovemberDecember2025February
9.41%
6.68%
NRIM
XAR