AIRR vs ITA: returns, Sharpe ratio and drawdown

Over the past year, AIRR returned +1.46% against -0.26% for ITA. Over five years, AIRR averaged +17.80% a year, compared with +14.98% for ITA. AIRR had the higher Sharpe ratio over the past year (0.03 vs -0.09), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -19.59% for ITA and -25.71% for AIRR.