Correlation
The correlation between PPI and NANR is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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.
Performance
PPI vs. NANR - Performance Comparison
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Key characteristics
PPI:
0.07
NANR:
-0.10
PPI:
0.14
NANR:
-0.09
PPI:
1.02
NANR:
0.99
PPI:
0.00
NANR:
-0.21
PPI:
0.01
NANR:
-0.63
PPI:
5.37%
NANR:
6.00%
PPI:
20.20%
NANR:
21.97%
PPI:
-24.54%
NANR:
-49.15%
PPI:
-3.39%
NANR:
-5.98%
Returns By Period
In the year-to-date period, PPI achieves a 7.47% return, which is significantly higher than NANR's 5.95% return.
PPI
7.47%
7.83%
-0.77%
1.42%
5.17%
N/A
N/A
NANR
5.95%
3.11%
-4.92%
-2.17%
-0.50%
16.72%
N/A
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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 Rank
PPI
NANR
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.
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Dividends
PPI vs. NANR - Dividend Comparison
PPI's dividend yield for the trailing twelve months is around 0.57%, less than NANR's 2.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PPI AXS Astoria Inflation Sensitive ETF | 0.57% | 0.60% | 2.87% | 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 | 2.08% | 2.20% | 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 -24.54%, 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.
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Volatility
PPI vs. NANR - Volatility Comparison
AXS Astoria Inflation Sensitive ETF (PPI) and SPDR S&P North American Natural Resources ETF (NANR) have volatilities of 3.53% and 3.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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