PPI vs. NANR
Compare and contrast key facts about AXS Astoria Inflation Sensitive ETF (PPI) and SPDR S&P North American Natural Resources ETF (NANR).
PPI and NANR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PPI is an actively managed fund by AXS Investments. It was launched on Dec 30, 2021. NANR is a passively managed fund by State Street that tracks the performance of the S&P BMI North American Natural Resources Index. It was launched on Dec 15, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPI or NANR.
Key characteristics
| PPI | NANR | |
|---|---|---|
| YTD Return | 10.81% | 9.15% |
| 1Y Return | 18.69% | 3.61% |
| Sharpe Ratio | 1.36 | 0.15 |
| Daily Std Dev | 13.50% | 18.74% |
| Max Drawdown | -23.75% | -49.15% |
| Current Drawdown | -6.63% | -5.15% |
Correlation
The correlation between PPI and NANR is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PPI vs. NANR - Performance Comparison
In the year-to-date period, PPI achieves a 10.81% return, which is significantly higher than NANR's 9.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PPI vs. NANR - Expense Ratio Comparison
PPI has a 0.76% expense ratio, which is higher than NANR's 0.35% expense ratio.
Risk-Adjusted Performance
PPI vs. NANR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AXS Astoria Inflation Sensitive ETF (PPI) and SPDR S&P North American Natural Resources ETF (NANR). 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
PPI vs. NANR - Dividend Comparison
PPI's dividend yield for the trailing twelve months is around 1.28%, less than NANR's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPI AXS Astoria Inflation Sensitive ETF | 1.28% | 2.86% | 2.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NANR SPDR S&P North American Natural Resources ETF | 2.16% | 2.78% | 2.70% | 2.61% | 2.73% | 2.02% | 1.95% | 1.83% | 5.01% | 0.01% |
Drawdowns
PPI vs. NANR - Drawdown Comparison
The maximum PPI drawdown since its inception was -23.75%, smaller than the maximum NANR drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for PPI and NANR. For additional features, visit the drawdowns tool.
Volatility
PPI vs. NANR - Volatility Comparison
The current volatility for AXS Astoria Inflation Sensitive ETF (PPI) is 4.48%, while SPDR S&P North American Natural Resources ETF (NANR) has a volatility of 5.52%. This indicates that PPI experiences smaller price fluctuations and is considered to be less risky than NANR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.