PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TOKE vs. XLP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TOKE and XLP is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

TOKE vs. XLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Cannabis ETF (TOKE) and Consumer Staples Select Sector SPDR Fund (XLP). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-7.80%
2.61%
TOKE
XLP

Key characteristics

Sharpe Ratio

TOKE:

-0.09

XLP:

1.52

Sortino Ratio

TOKE:

0.10

XLP:

2.22

Omega Ratio

TOKE:

1.01

XLP:

1.26

Calmar Ratio

TOKE:

-0.04

XLP:

2.02

Martin Ratio

TOKE:

-0.29

XLP:

7.91

Ulcer Index

TOKE:

10.93%

XLP:

1.87%

Daily Std Dev

TOKE:

33.90%

XLP:

9.74%

Max Drawdown

TOKE:

-79.45%

XLP:

-35.89%

Current Drawdown

TOKE:

-77.75%

XLP:

-5.13%

Returns By Period

In the year-to-date period, TOKE achieves a -5.88% return, which is significantly lower than XLP's 12.64% return.


TOKE

YTD

-5.88%

1M

-2.48%

6M

-7.77%

1Y

-4.65%

5Y*

-15.60%

10Y*

N/A

XLP

YTD

12.64%

1M

-2.84%

6M

2.61%

1Y

13.93%

5Y*

7.46%

10Y*

7.63%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TOKE vs. XLP - Expense Ratio Comparison

TOKE has a 0.42% expense ratio, which is higher than XLP's 0.13% expense ratio.


TOKE
Cambria Cannabis ETF
Expense ratio chart for TOKE: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
Expense ratio chart for XLP: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

TOKE vs. XLP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Cannabis ETF (TOKE) and Consumer Staples Select Sector SPDR Fund (XLP). 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.


Sharpe ratio
The chart of Sharpe ratio for TOKE, currently valued at -0.09, compared to the broader market0.002.004.00-0.091.52
The chart of Sortino ratio for TOKE, currently valued at 0.10, compared to the broader market-2.000.002.004.006.008.0010.000.102.22
The chart of Omega ratio for TOKE, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.001.011.26
The chart of Calmar ratio for TOKE, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.042.02
The chart of Martin ratio for TOKE, currently valued at -0.29, compared to the broader market0.0020.0040.0060.0080.00100.00-0.297.91
TOKE
XLP

The current TOKE Sharpe Ratio is -0.09, which is lower than the XLP Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of TOKE and XLP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.09
1.52
TOKE
XLP

Dividends

TOKE vs. XLP - Dividend Comparison

TOKE's dividend yield for the trailing twelve months is around 6.59%, more than XLP's 2.76% yield.


TTM20232022202120202019201820172016201520142013
TOKE
Cambria Cannabis ETF
6.59%4.21%2.12%3.54%4.33%2.26%0.00%0.00%0.00%0.00%0.00%0.00%
XLP
Consumer Staples Select Sector SPDR Fund
2.76%2.63%2.47%2.28%2.50%2.57%3.04%2.62%2.53%2.53%2.40%2.39%

Drawdowns

TOKE vs. XLP - Drawdown Comparison

The maximum TOKE drawdown since its inception was -79.45%, which is greater than XLP's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for TOKE and XLP. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-77.75%
-5.13%
TOKE
XLP

Volatility

TOKE vs. XLP - Volatility Comparison

Cambria Cannabis ETF (TOKE) has a higher volatility of 5.61% compared to Consumer Staples Select Sector SPDR Fund (XLP) at 2.66%. This indicates that TOKE's price experiences larger fluctuations and is considered to be riskier than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
5.61%
2.66%
TOKE
XLP
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab