Correlation
The correlation between SUPL and AIRR is 0.74, 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.
SUPL vs. AIRR
Compare and contrast key facts about ProShares Supply Chain Logistics ETF (SUPL) and First Trust RBA American Industrial Renaissance ETF (AIRR).
SUPL and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SUPL is a passively managed fund by ProShares that tracks the performance of the FactSet Supply Chain Logistics Index - Benchmark TR Net. It was launched on Apr 6, 2022. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014. Both SUPL and AIRR 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: SUPL or AIRR.
Performance
SUPL vs. AIRR - Performance Comparison
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Key characteristics
SUPL:
-0.06
AIRR:
0.17
SUPL:
0.04
AIRR:
0.50
SUPL:
1.01
AIRR:
1.06
SUPL:
-0.06
AIRR:
0.20
SUPL:
-0.20
AIRR:
0.53
SUPL:
6.89%
AIRR:
10.66%
SUPL:
19.77%
AIRR:
29.10%
SUPL:
-24.42%
AIRR:
-42.37%
SUPL:
-7.59%
AIRR:
-10.90%
Returns By Period
In the year-to-date period, SUPL achieves a 0.03% return, which is significantly higher than AIRR's -0.50% return.
SUPL
0.03%
8.85%
-7.12%
-1.39%
2.25%
N/A
N/A
AIRR
-0.50%
8.00%
-10.25%
5.59%
24.12%
27.14%
15.61%
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SUPL vs. AIRR - Expense Ratio Comparison
SUPL has a 0.58% expense ratio, which is lower than AIRR's 0.70% expense ratio.
Risk-Adjusted Performance
SUPL vs. AIRR — Risk-Adjusted Performance Rank
SUPL
AIRR
SUPL vs. AIRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Supply Chain Logistics ETF (SUPL) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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
SUPL vs. AIRR - Dividend Comparison
SUPL's dividend yield for the trailing twelve months is around 4.86%, more than AIRR's 0.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUPL ProShares Supply Chain Logistics ETF | 4.86% | 4.78% | 4.71% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.27% | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% | 0.37% |
Drawdowns
SUPL vs. AIRR - Drawdown Comparison
The maximum SUPL drawdown since its inception was -24.42%, smaller than the maximum AIRR drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for SUPL and AIRR.
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Volatility
SUPL vs. AIRR - Volatility Comparison
ProShares Supply Chain Logistics ETF (SUPL) and First Trust RBA American Industrial Renaissance ETF (AIRR) have volatilities of 6.91% and 7.15%, 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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