XAR vs. SOUN
XAR (SPDR S&P Aerospace & Defense ETF) is Aerospace & Defense fund tracking the S&P Aerospace & Defense Select Industry Index, while SOUN (SoundHound AI, Inc.) is a stock. Over the past 3 years, XAR returned 33.32%/yr vs 29.87%/yr for SOUN. At a 0.38 correlation, their price movements are largely independent.
Performance
XAR vs. SOUN - Performance Comparison
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Returns By Period
In the year-to-date period, XAR achieves a 16.10% return, which is significantly higher than SOUN's -30.79% return.
XAR
- 1D
- -1.55%
- 1M
- 3.18%
- YTD
- 16.10%
- 6M
- 18.39%
- 1Y
- 42.07%
- 3Y*
- 33.32%
- 5Y*
- 16.58%
- 10Y*
- 18.45%
SOUN
- 1D
- -1.43%
- 1M
- -19.01%
- YTD
- -30.79%
- 6M
- -40.77%
- 1Y
- -24.18%
- 3Y*
- 29.87%
- 5Y*
- —
- 10Y*
- —
XAR vs. SOUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XAR SPDR S&P Aerospace & Defense ETF | 16.10% | 46.15% | 23.32% | 23.79% | -3.45% |
SOUN SoundHound AI, Inc. | -30.79% | -49.75% | 835.85% | 19.77% | -79.70% |
Correlation
The correlation between XAR and SOUN is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.38 |
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Return for Risk
XAR vs. SOUN — Risk / Return Rank
XAR
SOUN
XAR vs. SOUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) and SoundHound AI, Inc. (SOUN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XAR | SOUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.84 | ||
| Sortino ratioReturn per unit of downside risk | +2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.00 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | -0.38 | +2.81 |
| Martin ratioReturn relative to average drawdown | 6.81 | -0.60 | +7.41 |
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Drawdowns
XAR vs. SOUN - Drawdown Comparison
The maximum XAR drawdown since its inception was -46.37%, smaller than the maximum SOUN drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for XAR and SOUN.
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Drawdown Indicators
| XAR | SOUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.37% | -93.55% | +47.18% |
Max Drawdown (1Y)Largest decline over 1 year | -17.22% | -72.43% | +55.21% |
Max Drawdown (3Y)Largest decline over 3 years | -19.73% | -75.65% | +55.92% |
Max Drawdown (5Y)Largest decline over 5 years | -32.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.37% | — | — |
Current DrawdownCurrent decline from peak | -4.32% | -71.52% | +67.20% |
Average DrawdownAverage peak-to-trough decline | -6.78% | -66.93% | +60.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.13% | 45.29% | -39.16% |
Volatility
XAR vs. SOUN - Volatility Comparison
The current volatility for SPDR S&P Aerospace & Defense ETF (XAR) is 11.46%, while SoundHound AI, Inc. (SOUN) has a volatility of 17.69%. This indicates that XAR experiences smaller price fluctuations and is considered to be less risky than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAR | SOUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.46% | 17.69% | -6.23% |
Volatility (6M)Calculated over the trailing 6-month period | 23.56% | 52.15% | -28.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.85% | 80.70% | -52.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.66% | 136.27% | -112.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.74% | 136.27% | -111.53% |
Dividends
XAR vs. SOUN - Dividend Comparison
XAR's dividend yield for the trailing twelve months is around 0.31%, while SOUN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XAR SPDR S&P Aerospace & Defense ETF | 0.31% | 0.40% | 0.66% | 0.54% | 0.50% | 0.83% | 0.63% | 0.75% | 1.19% | 0.76% | 1.09% | 2.31% |
Frequently Asked Questions
XAR and SOUN have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOUN has higher volatility (17.69%) compared to XAR (11.46%). In terms of maximum drawdown, XAR dropped -46.37% vs SOUN's -93.55%.
XAR currently has the higher Sharpe Ratio (1.50 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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