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ZVNBX vs. XAR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ZVNBX vs. XAR - Performance Comparison

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

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ZVNBX vs. XAR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ZVNBX
Zevenbergen Growth Fund
-14.20%9.93%34.10%63.92%-54.79%-9.19%123.87%37.73%5.88%33.71%
XAR
SPDR S&P Aerospace & Defense ETF
7.65%46.15%23.32%23.79%-5.02%2.31%6.18%39.33%-4.58%33.00%

Returns By Period

In the year-to-date period, ZVNBX achieves a -14.20% return, which is significantly lower than XAR's 7.65% return. Over the past 10 years, ZVNBX has underperformed XAR with an annualized return of 14.54%, while XAR has yielded a comparatively higher 18.38% annualized return.


ZVNBX

1D
1.00%
1M
-6.13%
YTD
-14.20%
6M
-17.09%
1Y
7.35%
3Y*
16.55%
5Y*
-1.91%
10Y*
14.54%

XAR

1D
-0.14%
1M
-8.67%
YTD
7.65%
6M
9.12%
1Y
58.39%
3Y*
30.77%
5Y*
16.06%
10Y*
18.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ZVNBX vs. XAR - Expense Ratio Comparison

ZVNBX has a 1.30% expense ratio, which is higher than XAR's 0.35% expense ratio.


Return for Risk

ZVNBX vs. XAR — Risk / Return Rank

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

ZVNBX
ZVNBX Risk / Return Rank: 99
Overall Rank
ZVNBX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
ZVNBX Sortino Ratio Rank: 1111
Sortino Ratio Rank
ZVNBX Omega Ratio Rank: 1010
Omega Ratio Rank
ZVNBX Calmar Ratio Rank: 99
Calmar Ratio Rank
ZVNBX Martin Ratio Rank: 99
Martin Ratio Rank

XAR
XAR Risk / Return Rank: 8989
Overall Rank
XAR Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
XAR Sortino Ratio Rank: 9191
Sortino Ratio Rank
XAR Omega Ratio Rank: 8484
Omega Ratio Rank
XAR Calmar Ratio Rank: 9191
Calmar Ratio Rank
XAR Martin Ratio Rank: 8888
Martin Ratio Rank
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.

ZVNBX vs. XAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zevenbergen Growth Fund (ZVNBX) 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.


ZVNBXXARDifference

Sharpe ratio

Return per unit of total volatility

0.32

2.07

-1.76

Sortino ratio

Return per unit of downside risk

0.67

2.75

-2.07

Omega ratio

Gain probability vs. loss probability

1.09

1.35

-0.26

Calmar ratio

Return relative to maximum drawdown

0.40

3.54

-3.13

Martin ratio

Return relative to average drawdown

1.21

12.22

-11.01

ZVNBX vs. XAR - Sharpe Ratio Comparison

The current ZVNBX Sharpe Ratio is 0.32, which is lower than the XAR Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of ZVNBX and XAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ZVNBXXARDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.32

2.07

-1.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.05

0.70

-0.76

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.76

-0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.84

-0.43

Correlation

The correlation between ZVNBX and XAR is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

ZVNBX vs. XAR - Dividend Comparison

ZVNBX's dividend yield for the trailing twelve months is around 1.47%, more than XAR's 0.34% yield.


TTM20252024202320222021202020192018201720162015
ZVNBX
Zevenbergen Growth Fund
1.47%1.26%0.00%0.00%0.00%1.95%0.07%0.00%0.00%0.00%0.00%0.00%
XAR
SPDR S&P Aerospace & Defense ETF
0.34%0.40%0.66%0.54%0.50%0.83%0.63%0.75%1.19%0.76%1.09%2.31%

Drawdowns

ZVNBX vs. XAR - Drawdown Comparison

The maximum ZVNBX drawdown since its inception was -66.30%, which is greater than XAR's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for ZVNBX and XAR.


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Drawdown Indicators


ZVNBXXARDifference

Max Drawdown

Largest peak-to-trough decline

-66.30%

-46.37%

-19.93%

Max Drawdown (1Y)

Largest decline over 1 year

-26.79%

-17.22%

-9.57%

Max Drawdown (5Y)

Largest decline over 5 years

-63.28%

-32.40%

-30.88%

Max Drawdown (10Y)

Largest decline over 10 years

-66.30%

-46.37%

-19.93%

Current Drawdown

Current decline from peak

-27.61%

-11.29%

-16.32%

Average Drawdown

Average peak-to-trough decline

-19.85%

-6.77%

-13.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.97%

4.98%

+3.99%

Volatility

ZVNBX vs. XAR - Volatility Comparison

The current volatility for Zevenbergen Growth Fund (ZVNBX) is 9.65%, while SPDR S&P Aerospace & Defense ETF (XAR) has a volatility of 10.47%. This indicates that ZVNBX experiences smaller price fluctuations and is considered to be less risky than XAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ZVNBXXARDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.65%

10.47%

-0.82%

Volatility (6M)

Calculated over the trailing 6-month period

18.80%

21.39%

-2.59%

Volatility (1Y)

Calculated over the trailing 1-year period

29.73%

28.34%

+1.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.77%

22.92%

+12.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.31%

24.34%

+7.97%