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 0.37, 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
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Key characteristics
NRIM:
1.67
XAR:
1.35
NRIM:
2.54
XAR:
1.92
NRIM:
1.32
XAR:
1.25
NRIM:
2.97
XAR:
1.66
NRIM:
7.41
XAR:
6.12
NRIM:
9.79%
XAR:
5.35%
NRIM:
39.08%
XAR:
24.72%
NRIM:
-74.58%
XAR:
-46.37%
NRIM:
-0.61%
XAR:
0.00%
Returns By Period
In the year-to-date period, NRIM achieves a 15.45% return, which is significantly higher than XAR's 14.28% return. Over the past 10 years, NRIM has outperformed XAR with an annualized return of 17.81%, while XAR has yielded a comparatively lower 13.39% annualized return.
NRIM
15.45%
23.65%
9.47%
64.71%
40.78%
17.81%
XAR
14.28%
16.19%
15.42%
33.08%
21.13%
13.39%
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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.
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Dividends
NRIM vs. XAR - Dividend Comparison
NRIM's dividend yield for the trailing twelve months is around 2.79%, more than XAR's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRIM Northrim BanCorp, Inc. | 2.79% | 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 | 0.60% | 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.
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Volatility
NRIM vs. XAR - Volatility Comparison
Northrim BanCorp, Inc. (NRIM) has a higher volatility of 6.13% compared to SPDR S&P Aerospace & Defense ETF (XAR) at 5.74%. 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.
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