^XCI vs. SPY

In the year-to-date period, ^XCI achieves a -8.10% return, which is significantly lower than SPY's -3.56% return. Over the past 10 years, ^XCI has outperformed SPY with an annualized return of 23.52%, while SPY has yielded a comparatively lower 14.11% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for ARCA Computer Technology Index (^XCI) and State Street SPDR S&P 500 ETF (SPY). 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.

The current ^XCI Sharpe Ratio is 1.17, which is comparable to the SPY Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of ^XCI and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between ^XCI and SPY is 0.79, 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.

The maximum ^XCI drawdown since its inception was -77.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^XCI and SPY.

ARCA Computer Technology Index (^XCI) has a higher volatility of 7.88% compared to State Street SPDR S&P 500 ETF (SPY) at 5.28%. This indicates that ^XCI's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.