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:
1.20
XAR:
0.72
NRIM:
1.85
XAR:
1.16
NRIM:
1.23
XAR:
1.15
NRIM:
1.95
XAR:
0.88
NRIM:
5.36
XAR:
3.48
NRIM:
8.89%
XAR:
4.97%
NRIM:
39.88%
XAR:
24.14%
NRIM:
-74.58%
XAR:
-46.37%
NRIM:
-23.83%
XAR:
-11.87%
Returns By Period
In the year-to-date period, NRIM achieves a -11.52% return, which is significantly lower than XAR's -3.92% return. Over the past 10 years, NRIM has outperformed XAR with an annualized return of 15.12%, while XAR has yielded a comparatively lower 11.41% annualized return.
NRIM
-11.52%
-4.84%
3.70%
54.44%
27.61%
15.12%
XAR
-3.92%
0.69%
1.82%
18.67%
15.28%
11.41%
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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 3.64%, more than XAR's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRIM Northrim BanCorp, Inc. | 3.64% | 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 | 0.71% | 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
The current volatility for Northrim BanCorp, Inc. (NRIM) is 12.56%, while SPDR S&P Aerospace & Defense ETF (XAR) has a volatility of 15.00%. This indicates that NRIM experiences smaller price fluctuations and is considered to be less risky than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.