XAR vs. NRIM
Compare and contrast key facts about SPDR S&P Aerospace & Defense ETF (XAR) and Northrim BanCorp, Inc. (NRIM).
XAR is a passively managed fund by State Street that tracks the performance of the S&P Aerospace & Defense Select Industry. It was launched on Sep 28, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XAR or NRIM.
Correlation
The correlation between XAR and NRIM is 0.39, 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.
Performance
XAR vs. NRIM - Performance Comparison
Key characteristics
XAR:
0.95
NRIM:
1.52
XAR:
1.43
NRIM:
2.28
XAR:
1.17
NRIM:
1.27
XAR:
1.50
NRIM:
2.48
XAR:
4.38
NRIM:
7.10
XAR:
4.37%
NRIM:
8.26%
XAR:
20.06%
NRIM:
38.51%
XAR:
-46.37%
NRIM:
-74.58%
XAR:
-8.88%
NRIM:
-16.92%
Returns By Period
In the year-to-date period, XAR achieves a -0.67% return, which is significantly higher than NRIM's -3.49% return. Over the past 10 years, XAR has underperformed NRIM with an annualized return of 11.92%, while NRIM has yielded a comparatively higher 15.83% annualized return.
XAR
-0.67%
1.28%
3.79%
20.93%
19.04%
11.92%
NRIM
-3.49%
-7.01%
11.65%
62.46%
32.68%
15.83%
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Risk-Adjusted Performance
XAR vs. NRIM — Risk-Adjusted Performance Rank
XAR
NRIM
XAR vs. NRIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) and Northrim BanCorp, Inc. (NRIM). 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
XAR vs. NRIM - Dividend Comparison
XAR's dividend yield for the trailing twelve months is around 0.69%, less than NRIM's 3.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XAR SPDR S&P Aerospace & Defense ETF | 0.69% | 0.66% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.10% | 2.31% | 1.07% |
NRIM Northrim BanCorp, Inc. | 3.34% | 3.16% | 4.20% | 3.34% | 3.45% | 4.06% | 3.29% | 3.10% | 2.54% | 2.47% | 2.78% | 2.67% |
Drawdowns
XAR vs. NRIM - Drawdown Comparison
The maximum XAR drawdown since its inception was -46.37%, smaller than the maximum NRIM drawdown of -74.58%. Use the drawdown chart below to compare losses from any high point for XAR and NRIM. For additional features, visit the drawdowns tool.
Volatility
XAR vs. NRIM - Volatility Comparison
The current volatility for SPDR S&P Aerospace & Defense ETF (XAR) is 7.40%, while Northrim BanCorp, Inc. (NRIM) has a volatility of 8.47%. This indicates that XAR experiences smaller price fluctuations and is considered to be less risky than NRIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.