REMX vs. XLB
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Materials Select Sector SPDR ETF (XLB).
REMX and XLB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010. XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998. Both REMX and XLB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REMX or XLB.
Key characteristics
| REMX | XLB | |
|---|---|---|
| YTD Return | -11.03% | 7.68% |
| 1Y Return | -35.03% | 19.93% |
| 3Y Return (Ann) | -9.25% | 3.55% |
| 5Y Return (Ann) | 8.03% | 13.46% |
| 10Y Return (Ann) | -3.19% | 8.93% |
| Sharpe Ratio | -1.09 | 1.38 |
| Daily Std Dev | 32.38% | 14.63% |
| Max Drawdown | -90.21% | -59.83% |
| Current Drawdown | -75.99% | -1.38% |
Correlation
The correlation between REMX and XLB is 0.60, 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.
Performance
REMX vs. XLB - Performance Comparison
In the year-to-date period, REMX achieves a -11.03% return, which is significantly lower than XLB's 7.68% return. Over the past 10 years, REMX has underperformed XLB with an annualized return of -3.19%, while XLB has yielded a comparatively higher 8.93% 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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REMX vs. XLB - Expense Ratio Comparison
REMX has a 0.59% expense ratio, which is higher than XLB's 0.13% expense ratio.
Risk-Adjusted Performance
REMX vs. XLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Materials Select Sector SPDR ETF (XLB). 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
REMX vs. XLB - Dividend Comparison
REMX has not paid dividends to shareholders, while XLB's dividend yield for the trailing twelve months is around 1.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
XLB Materials Select Sector SPDR ETF | 1.86% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
Drawdowns
REMX vs. XLB - Drawdown Comparison
The maximum REMX drawdown since its inception was -90.21%, which is greater than XLB's maximum drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for REMX and XLB. For additional features, visit the drawdowns tool.
Volatility
REMX vs. XLB - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 8.34% compared to Materials Select Sector SPDR ETF (XLB) at 3.42%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.