SAVE vs. JBLU
Compare and contrast key facts about Spirit Airlines, Inc. (SAVE) and JetBlue Airways Corporation (JBLU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAVE or JBLU.
Correlation
The correlation between SAVE and JBLU is 0.54, 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
SAVE vs. JBLU - Performance Comparison
Key characteristics
SAVE:
-0.61
JBLU:
0.46
SAVE:
-1.67
JBLU:
1.08
SAVE:
0.69
JBLU:
1.15
SAVE:
-0.99
JBLU:
0.38
SAVE:
-1.36
JBLU:
1.68
SAVE:
72.69%
JBLU:
19.33%
SAVE:
162.03%
JBLU:
69.80%
SAVE:
-99.83%
JBLU:
-90.91%
SAVE:
-99.80%
JBLU:
-76.17%
Fundamentals
SAVE:
$118.28M
JBLU:
$2.53B
SAVE:
-$6.20
JBLU:
-$2.48
SAVE:
20.44
JBLU:
6.80
SAVE:
$3.87B
JBLU:
$9.33B
SAVE:
$226.68M
JBLU:
$714.00M
SAVE:
-$197.60M
JBLU:
-$9.00M
Returns By Period
In the year-to-date period, SAVE achieves a -99.06% return, which is significantly lower than JBLU's 34.05% return. Over the past 10 years, SAVE has underperformed JBLU with an annualized return of -46.03%, while JBLU has yielded a comparatively higher -6.96% annualized return.
SAVE
-99.06%
15.38%
-96.13%
-99.06%
-67.49%
-46.03%
JBLU
34.05%
23.18%
29.62%
29.84%
-17.31%
-6.96%
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Risk-Adjusted Performance
SAVE vs. JBLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirit Airlines, Inc. (SAVE) and JetBlue Airways Corporation (JBLU). 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
SAVE vs. JBLU - Dividend Comparison
SAVE's dividend yield for the trailing twelve months is around 133.33%, while JBLU has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
SAVE Spirit Airlines, Inc. | 133.33% | 7.32% |
JBLU JetBlue Airways Corporation | 0.00% | 0.00% |
Drawdowns
SAVE vs. JBLU - Drawdown Comparison
The maximum SAVE drawdown since its inception was -99.83%, which is greater than JBLU's maximum drawdown of -90.91%. Use the drawdown chart below to compare losses from any high point for SAVE and JBLU. For additional features, visit the drawdowns tool.
Volatility
SAVE vs. JBLU - Volatility Comparison
The current volatility for Spirit Airlines, Inc. (SAVE) is 10.45%, while JetBlue Airways Corporation (JBLU) has a volatility of 17.28%. This indicates that SAVE experiences smaller price fluctuations and is considered to be less risky than JBLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAVE vs. JBLU - Financials Comparison
This section allows you to compare key financial metrics between Spirit Airlines, Inc. and JetBlue Airways Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities