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XAR vs. LMT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XAR and LMT is 0.58, 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.


-0.50.00.51.00.6

Performance

XAR vs. LMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Aerospace & Defense ETF (XAR) and Lockheed Martin Corporation (LMT). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%1,000.00%1,100.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
669.93%
908.89%
XAR
LMT

Key characteristics

Sharpe Ratio

XAR:

1.50

LMT:

0.79

Sortino Ratio

XAR:

2.06

LMT:

1.18

Omega Ratio

XAR:

1.26

LMT:

1.17

Calmar Ratio

XAR:

3.34

LMT:

0.62

Martin Ratio

XAR:

8.92

LMT:

2.07

Ulcer Index

XAR:

3.01%

LMT:

6.47%

Daily Std Dev

XAR:

17.87%

LMT:

16.98%

Max Drawdown

XAR:

-46.37%

LMT:

-70.23%

Current Drawdown

XAR:

-5.76%

LMT:

-19.94%

Returns By Period

In the year-to-date period, XAR achieves a 23.29% return, which is significantly higher than LMT's 10.72% return. Both investments have delivered pretty close results over the past 10 years, with XAR having a 12.82% annualized return and LMT not far behind at 12.59%.


XAR

YTD

23.29%

1M

-2.24%

6M

17.32%

1Y

23.19%

5Y*

9.29%

10Y*

12.82%

LMT

YTD

10.72%

1M

-7.97%

6M

5.82%

1Y

12.01%

5Y*

7.68%

10Y*

12.59%

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Risk-Adjusted Performance

XAR vs. LMT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) and Lockheed Martin Corporation (LMT). 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 XAR, currently valued at 1.50, compared to the broader market0.002.004.001.500.79
The chart of Sortino ratio for XAR, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.061.18
The chart of Omega ratio for XAR, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.17
The chart of Calmar ratio for XAR, currently valued at 3.34, compared to the broader market0.005.0010.0015.003.340.62
The chart of Martin ratio for XAR, currently valued at 8.92, compared to the broader market0.0020.0040.0060.0080.00100.008.922.07
XAR
LMT

The current XAR Sharpe Ratio is 1.50, which is higher than the LMT Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of XAR and LMT, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.50
0.79
XAR
LMT

Dividends

XAR vs. LMT - Dividend Comparison

XAR's dividend yield for the trailing twelve months is around 0.32%, less than LMT's 2.61% yield.


TTM20232022202120202019201820172016201520142013
XAR
SPDR S&P Aerospace & Defense ETF
0.32%0.54%0.50%0.83%0.63%0.75%1.19%0.76%1.10%2.31%1.07%1.96%
LMT
Lockheed Martin Corporation
2.61%2.68%2.34%2.98%2.76%2.31%3.13%2.32%2.71%2.83%2.85%3.22%

Drawdowns

XAR vs. LMT - Drawdown Comparison

The maximum XAR drawdown since its inception was -46.37%, smaller than the maximum LMT drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for XAR and LMT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.76%
-19.94%
XAR
LMT

Volatility

XAR vs. LMT - Volatility Comparison

SPDR S&P Aerospace & Defense ETF (XAR) has a higher volatility of 7.27% compared to Lockheed Martin Corporation (LMT) at 5.60%. This indicates that XAR's price experiences larger fluctuations and is considered to be riskier than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
7.27%
5.60%
XAR
LMT
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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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