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

Correlation

The correlation between XAR and NRIM is 0.37, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

XAR vs. NRIM - Performance Comparison

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

400.00%450.00%500.00%550.00%600.00%650.00%700.00%750.00%NovemberDecember2025FebruaryMarchApril
689.09%
535.47%
XAR
NRIM

Key characteristics

Sharpe Ratio

XAR:

1.08

NRIM:

1.89

Sortino Ratio

XAR:

1.62

NRIM:

2.58

Omega Ratio

XAR:

1.21

NRIM:

1.32

Calmar Ratio

XAR:

1.34

NRIM:

3.06

Martin Ratio

XAR:

4.99

NRIM:

7.76

Ulcer Index

XAR:

5.30%

NRIM:

9.63%

Daily Std Dev

XAR:

24.49%

NRIM:

39.65%

Max Drawdown

XAR:

-46.37%

NRIM:

-74.58%

Current Drawdown

XAR:

-6.01%

NRIM:

-13.39%

Returns By Period

In the year-to-date period, XAR achieves a 2.46% return, which is significantly higher than NRIM's 0.61% return. Over the past 10 years, XAR has underperformed NRIM with an annualized return of 12.31%, while NRIM has yielded a comparatively higher 16.27% annualized return.


XAR

YTD

2.46%

1M

1.79%

6M

6.97%

1Y

26.98%

5Y*

18.09%

10Y*

12.31%

NRIM

YTD

0.61%

1M

3.10%

6M

22.43%

1Y

68.19%

5Y*

33.43%

10Y*

16.27%

*Annualized

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Risk-Adjusted Performance

XAR vs. NRIM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XAR
The Risk-Adjusted Performance Rank of XAR is 8383
Overall Rank
The Sharpe Ratio Rank of XAR is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of XAR is 8282
Sortino Ratio Rank
The Omega Ratio Rank of XAR is 8181
Omega Ratio Rank
The Calmar Ratio Rank of XAR is 8787
Calmar Ratio Rank
The Martin Ratio Rank of XAR is 8484
Martin Ratio Rank

NRIM
The Risk-Adjusted Performance Rank of NRIM is 9393
Overall Rank
The Sharpe Ratio Rank of NRIM is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of NRIM is 9292
Sortino Ratio Rank
The Omega Ratio Rank of NRIM is 8989
Omega Ratio Rank
The Calmar Ratio Rank of NRIM is 9797
Calmar Ratio Rank
The Martin Ratio Rank of NRIM is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for XAR, currently valued at 1.08, compared to the broader market-1.000.001.002.003.004.00
XAR: 1.08
NRIM: 1.89
The chart of Sortino ratio for XAR, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.00
XAR: 1.62
NRIM: 2.58
The chart of Omega ratio for XAR, currently valued at 1.21, compared to the broader market0.501.001.502.00
XAR: 1.21
NRIM: 1.32
The chart of Calmar ratio for XAR, currently valued at 1.34, compared to the broader market0.002.004.006.008.0010.0012.00
XAR: 1.34
NRIM: 3.06
The chart of Martin ratio for XAR, currently valued at 4.99, compared to the broader market0.0020.0040.0060.00
XAR: 4.99
NRIM: 7.76

The current XAR Sharpe Ratio is 1.08, which is lower than the NRIM Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of XAR and NRIM, 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 Ratio0.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.08
1.89
XAR
NRIM

Dividends

XAR vs. NRIM - Dividend Comparison

XAR's dividend yield for the trailing twelve months is around 0.67%, less than NRIM's 3.20% yield.


TTM20242023202220212020201920182017201620152014
XAR
SPDR S&P Aerospace & Defense ETF
0.67%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.
3.20%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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.01%
-13.39%
XAR
NRIM

Volatility

XAR vs. NRIM - Volatility Comparison

SPDR S&P Aerospace & Defense ETF (XAR) has a higher volatility of 14.95% compared to Northrim BanCorp, Inc. (NRIM) at 13.20%. This indicates that XAR's price experiences larger fluctuations and is considered to be riskier than NRIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
14.95%
13.20%
XAR
NRIM