XHB vs. AIRR
Compare and contrast key facts about SPDR S&P Homebuilders ETF (XHB) and First Trust RBA American Industrial Renaissance ETF (AIRR).
XHB and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHB is a passively managed fund by State Street that tracks the performance of the S&P Homebuilders Select Industry Index. It was launched on Jan 31, 2006. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014. Both XHB and AIRR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XHB or AIRR.
Performance
XHB vs. AIRR - Performance Comparison
Returns By Period
In the year-to-date period, XHB achieves a 22.33% return, which is significantly lower than AIRR's 43.14% return. Over the past 10 years, XHB has underperformed AIRR with an annualized return of 14.34%, while AIRR has yielded a comparatively higher 16.37% annualized return.
XHB
22.33%
-4.16%
11.59%
43.33%
21.95%
14.34%
AIRR
43.14%
7.54%
14.95%
62.97%
24.31%
16.37%
Key characteristics
| XHB | AIRR | |
|---|---|---|
| Sharpe Ratio | 1.71 | 2.59 |
| Sortino Ratio | 2.45 | 3.37 |
| Omega Ratio | 1.30 | 1.42 |
| Calmar Ratio | 3.48 | 6.21 |
| Martin Ratio | 8.39 | 15.18 |
| Ulcer Index | 5.01% | 4.11% |
| Daily Std Dev | 24.51% | 24.12% |
| Max Drawdown | -81.61% | -42.37% |
| Current Drawdown | -7.16% | -3.33% |
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XHB vs. AIRR - Expense Ratio Comparison
XHB has a 0.35% expense ratio, which is lower than AIRR's 0.70% expense ratio.
Correlation
The correlation between XHB and AIRR 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.
Risk-Adjusted Performance
XHB vs. AIRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Homebuilders ETF (XHB) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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
XHB vs. AIRR - Dividend Comparison
XHB's dividend yield for the trailing twelve months is around 0.54%, more than AIRR's 0.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHB SPDR S&P Homebuilders ETF | 0.54% | 0.77% | 1.06% | 0.50% | 0.73% | 0.89% | 1.25% | 0.71% | 0.67% | 0.50% | 0.78% | 0.29% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.16% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% | 0.37% | 0.00% |
Drawdowns
XHB vs. AIRR - Drawdown Comparison
The maximum XHB drawdown since its inception was -81.61%, which is greater than AIRR's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for XHB and AIRR. For additional features, visit the drawdowns tool.
Volatility
XHB vs. AIRR - Volatility Comparison
The current volatility for SPDR S&P Homebuilders ETF (XHB) is 5.20%, while First Trust RBA American Industrial Renaissance ETF (AIRR) has a volatility of 9.48%. This indicates that XHB experiences smaller price fluctuations and is considered to be less risky than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.