P vs. XTR

Last updated Jun 4, 2026

P (Everpure, Inc.) is a stock, while XTR (Global X S&P 500 Tail Risk ETF) is Equity Hedged fund tracking the Cboe S&P 500 Tail Risk Index. Over the past 3 years, P returned 33.14%/yr vs 18.55%/yr for XTR. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

P vs. XTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Everpure, Inc. (P) and Global X S&P 500 Tail Risk ETF (XTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, P achieves a 20.64% return, which is significantly higher than XTR's 8.67% return.

P

• 1D: -2.58%
• 1M: 11.12%
• YTD: 20.64%
• 6M: 17.41%
• 1Y: 47.33%
• 3Y*: 33.14%
• 5Y*: 34.04%
• 10Y*: 21.32%

XTR

• 1D: -0.65%
• 1M: 5.03%
• YTD: 8.67%
• 6M: 8.51%
• 1Y: 22.85%
• 3Y*: 18.55%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

P vs. XTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
P Everpure, Inc.	20.64%	9.08%	72.27%	33.26%	-17.79%	36.54%
XTR Global X S&P 500 Tail Risk ETF	8.67%	13.66%	21.85%	21.16%	-17.67%	4.43%

Correlation

The correlation between P and XTR is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021	0.62

The correlation between P and XTR has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.

Return for Risk

P vs. XTR — Risk / Return Rank

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

P

P Risk / Return Rank: 64
P Sharpe Ratio Rank: 64
P Sortino Ratio Rank: 62
P Omega Ratio Rank: 66
P Calmar Ratio Rank: 63
P Martin Ratio Rank: 61

XTR

XTR Risk / Return Rank: 61
XTR Sharpe Ratio Rank: 63
XTR Sortino Ratio Rank: 63
XTR Omega Ratio Rank: 60
XTR Calmar Ratio Rank: 54
XTR Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

P vs. XTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Everpure, Inc. (P) and Global X S&P 500 Tail Risk ETF (XTR). 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.

	P	XTR	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.14	-1.43
Sortino ratio: Return per unit of downside risk	1.36	2.98	-1.61
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.17
Calmar ratio: Return relative to maximum drawdown	1.13	2.70	-1.57
Martin ratio: Return relative to average drawdown	2.22	11.51	-9.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

P vs. XTR - Sharpe Ratio Comparison

The current P Sharpe Ratio is 0.71, which is lower than the XTR Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of P and XTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	P	XTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	2.14	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.72	-0.40

Drawdowns

P vs. XTR - Drawdown Comparison

The maximum P drawdown since its inception was -69.43%, which is greater than XTR's maximum drawdown of -20.83%. Use the drawdown chart below to compare losses from any high point for P and XTR.

Drawdown Indicators

	P	XTR	Difference
Max Drawdown Largest peak-to-trough decline	-69.43%	-20.83%	-48.60%
Max Drawdown (1Y) Largest decline over 1 year	-42.26%	-8.51%	-33.75%
Max Drawdown (3Y) Largest decline over 3 years	-48.63%	-14.35%	-34.28%
Max Drawdown (5Y) Largest decline over 5 years	-48.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.43%	—	—
Current Drawdown Current decline from peak	-18.10%	-0.65%	-17.45%
Average Drawdown Average peak-to-trough decline	-24.44%	-5.95%	-18.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.42%	1.99%	+19.43%

Volatility

P vs. XTR - Volatility Comparison

Everpure, Inc. (P) has a higher volatility of 26.95% compared to Global X S&P 500 Tail Risk ETF (XTR) at 2.99%. This indicates that P's price experiences larger fluctuations and is considered to be riskier than XTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	P	XTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.95%	2.99%	+23.96%
Volatility (6M) Calculated over the trailing 6-month period	54.58%	8.16%	+46.42%
Volatility (1Y) Calculated over the trailing 1-year period	67.12%	10.76%	+56.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.45%	13.78%	+38.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.04%	13.78%	+37.26%

Dividends

P vs. XTR - Dividend Comparison

P has not paid dividends to shareholders, while XTR's dividend yield for the trailing twelve months is around 16.40%.

Position	TTM	2025	2024	2023	2022	2021
P Everpure, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XTR Global X S&P 500 Tail Risk ETF	16.40%	17.82%	20.89%	1.09%	1.08%	2.32%

Frequently Asked Questions

Can I hold both P and XTR in my portfolio?

P and XTR have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, P or XTR?

P has higher volatility (26.95%) compared to XTR (2.99%). In terms of maximum drawdown, P dropped -69.43% vs XTR's -20.83%.

Which has better risk-adjusted returns?

XTR currently has the higher Sharpe Ratio (2.14 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.