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NVR vs. XLK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVR and XLK is 0.38, 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

NVR vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NVR, Inc. (NVR) and Technology Select Sector SPDR Fund (XLK). The values are adjusted to include any dividend payments, if applicable.

0.00%5,000.00%10,000.00%15,000.00%20,000.00%JulyAugustSeptemberOctoberNovemberDecember
17,628.04%
880.50%
NVR
XLK

Key characteristics

Sharpe Ratio

NVR:

0.89

XLK:

1.13

Sortino Ratio

NVR:

1.38

XLK:

1.58

Omega Ratio

NVR:

1.17

XLK:

1.21

Calmar Ratio

NVR:

1.14

XLK:

1.48

Martin Ratio

NVR:

3.93

XLK:

5.07

Ulcer Index

NVR:

5.31%

XLK:

4.94%

Daily Std Dev

NVR:

23.41%

XLK:

22.08%

Max Drawdown

NVR:

-97.91%

XLK:

-82.05%

Current Drawdown

NVR:

-16.60%

XLK:

-2.27%

Returns By Period

In the year-to-date period, NVR achieves a 18.23% return, which is significantly lower than XLK's 23.23% return. Both investments have delivered pretty close results over the past 10 years, with NVR having a 20.96% annualized return and XLK not far behind at 20.32%.


NVR

YTD

18.23%

1M

-8.04%

6M

8.53%

1Y

19.26%

5Y*

16.63%

10Y*

20.96%

XLK

YTD

23.23%

1M

1.06%

6M

3.67%

1Y

23.50%

5Y*

22.06%

10Y*

20.32%

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Risk-Adjusted Performance

NVR vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NVR, Inc. (NVR) and Technology Select Sector SPDR Fund (XLK). 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.


Sharpe ratio
The chart of Sharpe ratio for NVR, currently valued at 0.89, compared to the broader market-4.00-2.000.002.000.891.13
The chart of Sortino ratio for NVR, currently valued at 1.38, compared to the broader market-4.00-2.000.002.004.001.381.58
The chart of Omega ratio for NVR, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.21
The chart of Calmar ratio for NVR, currently valued at 1.14, compared to the broader market0.002.004.006.001.141.48
The chart of Martin ratio for NVR, currently valued at 3.93, compared to the broader market-5.000.005.0010.0015.0020.0025.003.935.07
NVR
XLK

The current NVR Sharpe Ratio is 0.89, which is comparable to the XLK Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of NVR and XLK, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.89
1.13
NVR
XLK

Dividends

NVR vs. XLK - Dividend Comparison

NVR has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.48%.


TTM20232022202120202019201820172016201520142013
NVR
NVR, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLK
Technology Select Sector SPDR Fund
0.48%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%

Drawdowns

NVR vs. XLK - Drawdown Comparison

The maximum NVR drawdown since its inception was -97.91%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for NVR and XLK. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.60%
-2.27%
NVR
XLK

Volatility

NVR vs. XLK - Volatility Comparison

NVR, Inc. (NVR) has a higher volatility of 7.02% compared to Technology Select Sector SPDR Fund (XLK) at 5.40%. This indicates that NVR's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.02%
5.40%
NVR
XLK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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