PNM vs. XLI
Compare and contrast key facts about PNM Resources, Inc. (PNM) 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: PNM or XLI.
Correlation
The correlation between PNM and XLI 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.
Performance
PNM vs. XLI - Performance Comparison
Key characteristics
Returns By Period
PNM
N/A
N/A
N/A
N/A
N/A
N/A
XLI
5.16%
5.51%
12.99%
20.24%
12.10%
11.33%
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Risk-Adjusted Performance
PNM vs. XLI — Risk-Adjusted Performance Rank
PNM
XLI
PNM vs. XLI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PNM Resources, Inc. (PNM) 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
PNM vs. XLI - Dividend Comparison
PNM has not paid dividends to shareholders, while XLI's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNM PNM Resources, Inc. | 2.69% | 3.58% | 3.53% | 2.85% | 2.87% | 2.53% | 2.29% | 2.58% | 2.40% | 2.57% | 2.62% | 2.50% |
XLI Industrial Select Sector SPDR Fund | 1.37% | 1.44% | 1.63% | 1.64% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% | 1.85% |
Drawdowns
PNM vs. XLI - Drawdown Comparison
Volatility
PNM vs. XLI - Volatility Comparison
The current volatility for PNM Resources, Inc. (PNM) is 0.00%, while Industrial Select Sector SPDR Fund (XLI) has a volatility of 4.22%. This indicates that PNM experiences smaller price fluctuations and is considered to be less risky than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.