PANL vs. XLI
Compare and contrast key facts about Pangaea Logistics Solutions, Ltd. (PANL) and Industrial Select Sector SPDR Fund (XLI).
XLI is a passively managed fund by State Street that tracks the performance of the Industrial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PANL or XLI.
Key characteristics
| PANL | XLI | |
|---|---|---|
| YTD Return | -19.09% | 23.90% |
| 1Y Return | -4.48% | 35.35% |
| 3Y Return (Ann) | 21.17% | 11.11% |
| 5Y Return (Ann) | 20.22% | 13.08% |
| 10Y Return (Ann) | 5.71% | 11.61% |
| Sharpe Ratio | -0.05 | 2.67 |
| Sortino Ratio | 0.19 | 3.77 |
| Omega Ratio | 1.03 | 1.47 |
| Calmar Ratio | -0.07 | 6.02 |
| Martin Ratio | -0.10 | 18.83 |
| Ulcer Index | 20.94% | 1.89% |
| Daily Std Dev | 39.16% | 13.34% |
| Max Drawdown | -83.44% | -62.26% |
| Current Drawdown | -29.97% | -2.33% |
Correlation
The correlation between PANL and XLI is 0.22, 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
PANL vs. XLI - Performance Comparison
In the year-to-date period, PANL achieves a -19.09% return, which is significantly lower than XLI's 23.90% return. Over the past 10 years, PANL has underperformed XLI with an annualized return of 5.71%, while XLI has yielded a comparatively higher 11.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PANL vs. XLI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pangaea Logistics Solutions, Ltd. (PANL) and Industrial Select Sector SPDR Fund (XLI). 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
PANL vs. XLI - Dividend Comparison
PANL's dividend yield for the trailing twelve months is around 6.24%, more than XLI's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PANL Pangaea Logistics Solutions, Ltd. | 6.24% | 4.85% | 5.83% | 3.31% | 0.00% | 3.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLI Industrial Select Sector SPDR Fund | 1.32% | 1.63% | 1.64% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% | 1.85% | 1.68% |
Drawdowns
PANL vs. XLI - Drawdown Comparison
The maximum PANL drawdown since its inception was -83.44%, which is greater than XLI's maximum drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for PANL and XLI. For additional features, visit the drawdowns tool.
Volatility
PANL vs. XLI - Volatility Comparison
Pangaea Logistics Solutions, Ltd. (PANL) has a higher volatility of 11.03% compared to Industrial Select Sector SPDR Fund (XLI) at 5.34%. This indicates that PANL's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.