XTIA vs. XAR

Last updated Jun 4, 2026

XTIA (XTI Aerospace, Inc) is a stock, while XAR (SPDR S&P Aerospace & Defense ETF) is Industrials Equities fund tracking the S&P Aerospace & Defense Select Industry. Over the past year, XTIA returned 1.05% vs 41.33% for XAR. At a 0.24 correlation, their price movements are largely independent.

Performance

XTIA vs. XAR - Performance Comparison

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

Returns By Period

In the year-to-date period, XTIA achieves a 54.84% return, which is significantly higher than XAR's 13.40% return.

XTIA

• 1D: -5.88%
• 1M: 1.05%
• YTD: 54.84%
• 6M: 28.00%
• 1Y: 1.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XAR

• 1D: -2.08%
• 1M: 7.34%
• YTD: 13.40%
• 6M: 20.10%
• 1Y: 41.33%
• 3Y*: 34.11%
• 5Y*: 16.26%
• 10Y*: 18.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XTIA vs. XAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XTIA XTI Aerospace, Inc	54.84%	-88.47%	-99.19%
XAR SPDR S&P Aerospace & Defense ETF	13.40%	46.15%	20.46%

Correlation

The correlation between XTIA and XAR is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 13, 2024	0.24

Return for Risk

XTIA vs. XAR — Risk / Return Rank

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

XTIA

XTIA Risk / Return Rank: 48
XTIA Sharpe Ratio Rank: 41
XTIA Sortino Ratio Rank: 58
XTIA Omega Ratio Rank: 59
XTIA Calmar Ratio Rank: 41
XTIA Martin Ratio Rank: 40

XAR

XAR Risk / Return Rank: 43
XAR Sharpe Ratio Rank: 43
XAR Sortino Ratio Rank: 43
XAR Omega Ratio Rank: 38
XAR Calmar Ratio Rank: 48
XAR Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XTIA vs. XAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XTI Aerospace, Inc (XTIA) and SPDR S&P Aerospace & Defense ETF (XAR). 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.

	XTIA	XAR	Difference
Sharpe ratio Return per unit of total volatility	0.01	1.55	-1.54
Sortino ratio Return per unit of downside risk	1.16	2.21	-1.05
Omega ratio Gain probability vs. loss probability	1.15	1.26	-0.10
Calmar ratio Return relative to maximum drawdown	0.01	2.41	-2.40
Martin ratio Return relative to average drawdown	0.02	6.85	-6.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XTIA vs. XAR - Sharpe Ratio Comparison

The current XTIA Sharpe Ratio is 0.01, which is lower than the XAR Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of XTIA and XAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XTIA	XAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	1.55	-1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.56	0.85	-1.41

Drawdowns

XTIA vs. XAR - Drawdown Comparison

The maximum XTIA drawdown since its inception was -99.92%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for XTIA and XAR.

Drawdown Indicators

	XTIA	XAR	Difference
Max Drawdown Largest peak-to-trough decline	-99.92%	-46.37%	-53.55%
Max Drawdown (1Y) Largest decline over 1 year	-75.45%	-17.22%	-58.23%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.37%	—
Current Drawdown Current decline from peak	-99.86%	-6.55%	-93.31%
Average Drawdown Average peak-to-trough decline	-94.57%	-6.79%	-87.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.95%	6.05%	+56.90%

Volatility

XTIA vs. XAR - Volatility Comparison

XTI Aerospace, Inc (XTIA) has a higher volatility of 29.09% compared to SPDR S&P Aerospace & Defense ETF (XAR) at 9.52%. This indicates that XTIA's price experiences larger fluctuations and is considered to be riskier than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTIA	XAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.09%	9.52%	+19.57%
Volatility (6M) Calculated over the trailing 6-month period	68.49%	22.39%	+46.10%
Volatility (1Y) Calculated over the trailing 1-year period	142.72%	26.81%	+115.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	168.66%	23.41%	+145.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	168.66%	24.62%	+144.04%

Dividends

XTIA vs. XAR - Dividend Comparison

XTIA has not paid dividends to shareholders, while XAR's dividend yield for the trailing twelve months is around 0.32%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XAR SPDR S&P Aerospace & Defense ETF	0.32%	0.40%	0.66%	0.54%	0.50%	0.83%	0.63%	0.75%	1.19%	0.76%	1.09%	2.31%
XTIA XTI Aerospace, 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%

Frequently Asked Questions

Can I hold both XTIA and XAR in my portfolio?

XTIA and XAR have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XTIA or XAR?

XTIA has higher volatility (29.09%) compared to XAR (9.52%). In terms of maximum drawdown, XTIA dropped -99.92% vs XAR's -46.37%.

Which has better risk-adjusted returns?

XAR currently has the higher Sharpe Ratio (1.55 vs 0.01), 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.