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TT vs. XLI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TT and XLI is 0.72, 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.


-0.50.00.51.00.7

Performance

TT vs. XLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trane Technologies plc (TT) and Industrial Select Sector SPDR Fund (XLI). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
12.99%
9.13%
TT
XLI

Key characteristics

Sharpe Ratio

TT:

2.54

XLI:

1.53

Sortino Ratio

TT:

3.31

XLI:

2.24

Omega Ratio

TT:

1.42

XLI:

1.27

Calmar Ratio

TT:

5.83

XLI:

2.55

Martin Ratio

TT:

20.24

XLI:

9.30

Ulcer Index

TT:

2.92%

XLI:

2.23%

Daily Std Dev

TT:

23.30%

XLI:

13.62%

Max Drawdown

TT:

-77.92%

XLI:

-62.26%

Current Drawdown

TT:

-10.15%

XLI:

-7.42%

Returns By Period

In the year-to-date period, TT achieves a 55.66% return, which is significantly higher than XLI's 18.09% return. Over the past 10 years, TT has outperformed XLI with an annualized return of 24.58%, while XLI has yielded a comparatively lower 10.83% annualized return.


TT

YTD

55.66%

1M

-8.82%

6M

12.38%

1Y

59.15%

5Y*

31.12%

10Y*

24.58%

XLI

YTD

18.09%

1M

-3.96%

6M

8.90%

1Y

20.79%

5Y*

12.11%

10Y*

10.83%

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Risk-Adjusted Performance

TT vs. XLI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and Industrial Select Sector SPDR Fund (XLI). 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 TT, currently valued at 2.54, compared to the broader market-4.00-2.000.002.002.541.53
The chart of Sortino ratio for TT, currently valued at 3.31, compared to the broader market-4.00-2.000.002.004.003.312.24
The chart of Omega ratio for TT, currently valued at 1.42, compared to the broader market0.501.001.502.001.421.27
The chart of Calmar ratio for TT, currently valued at 5.83, compared to the broader market0.002.004.006.005.832.55
The chart of Martin ratio for TT, currently valued at 20.24, compared to the broader market0.0010.0020.0020.249.30
TT
XLI

The current TT Sharpe Ratio is 2.54, which is higher than the XLI Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of TT and XLI, 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 Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.54
1.53
TT
XLI

Dividends

TT vs. XLI - Dividend Comparison

TT's dividend yield for the trailing twelve months is around 0.89%, less than XLI's 0.92% yield.


TTM20232022202120202019201820172016201520142013
TT
Trane Technologies plc
0.89%1.23%1.59%1.17%1.46%1.59%2.15%1.91%1.81%2.10%1.58%1.09%
XLI
Industrial Select Sector SPDR Fund
0.92%1.63%1.64%1.25%1.55%1.94%2.15%1.77%2.07%2.15%1.85%1.68%

Drawdowns

TT vs. XLI - Drawdown Comparison

The maximum TT drawdown since its inception was -77.92%, which is greater than XLI's maximum drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for TT and XLI. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.15%
-7.42%
TT
XLI

Volatility

TT vs. XLI - Volatility Comparison

Trane Technologies plc (TT) has a higher volatility of 5.32% compared to Industrial Select Sector SPDR Fund (XLI) at 4.25%. This indicates that TT's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.32%
4.25%
TT
XLI
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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.

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