ROKT vs. XAR
Compare and contrast key facts about SPDR S&P Kensho Final Frontiers ETF (ROKT) and SPDR S&P Aerospace & Defense ETF (XAR).
ROKT and XAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROKT is a passively managed fund by State Street that tracks the performance of the S&P Kensho Final Frontiers Index. It was launched on Oct 22, 2018. XAR is a passively managed fund by State Street that tracks the performance of the S&P Aerospace & Defense Select Industry. It was launched on Sep 28, 2011. Both ROKT and XAR 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: ROKT or XAR.
Correlation
The correlation between ROKT and XAR is 0.71, 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
ROKT vs. XAR - Performance Comparison
Loading data...
Key characteristics
ROKT:
1.11
XAR:
1.22
ROKT:
1.64
XAR:
1.75
ROKT:
1.22
XAR:
1.23
ROKT:
1.17
XAR:
1.48
ROKT:
3.77
XAR:
5.45
ROKT:
7.28%
XAR:
5.35%
ROKT:
25.55%
XAR:
24.67%
ROKT:
-43.16%
XAR:
-46.37%
ROKT:
-6.86%
XAR:
0.00%
Returns By Period
In the year-to-date period, ROKT achieves a 1.07% return, which is significantly lower than XAR's 10.48% return.
ROKT
1.07%
12.36%
4.24%
28.20%
17.87%
N/A
XAR
10.48%
12.67%
8.66%
29.99%
20.40%
13.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ROKT vs. XAR - Expense Ratio Comparison
ROKT has a 0.45% expense ratio, which is higher than XAR's 0.35% expense ratio.
Risk-Adjusted Performance
ROKT vs. XAR — Risk-Adjusted Performance Rank
ROKT
XAR
ROKT vs. XAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) and SPDR S&P Aerospace & Defense ETF (XAR). 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.
Loading data...
Dividends
ROKT vs. XAR - Dividend Comparison
ROKT's dividend yield for the trailing twelve months is around 0.60%, less than XAR's 0.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.60% | 0.57% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
XAR SPDR S&P Aerospace & Defense ETF | 0.62% | 0.66% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.10% | 2.31% | 1.07% |
Drawdowns
ROKT vs. XAR - Drawdown Comparison
The maximum ROKT drawdown since its inception was -43.16%, smaller than the maximum XAR drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for ROKT and XAR. For additional features, visit the drawdowns tool.
Loading data...
Volatility
ROKT vs. XAR - Volatility Comparison
SPDR S&P Kensho Final Frontiers ETF (ROKT) and SPDR S&P Aerospace & Defense ETF (XAR) have volatilities of 5.77% and 5.73%, 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.
Loading data...