^SIXR vs. XLP
Compare and contrast key facts about Consumer Staples Select Sector Index (^SIXR) and Consumer Staples Select Sector SPDR Fund (XLP).
XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SIXR or XLP.
Key characteristics
| ^SIXR | XLP | |
|---|---|---|
| YTD Return | 16.31% | 18.27% |
| 1Y Return | 16.08% | 18.95% |
| 3Y Return (Ann) | 5.58% | 8.23% |
| 5Y Return (Ann) | 6.77% | 9.47% |
| 10Y Return (Ann) | 6.44% | 9.18% |
| Sharpe Ratio | 1.55 | 1.89 |
| Daily Std Dev | 10.62% | 10.68% |
| Max Drawdown | -24.93% | -35.89% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ^SIXR and XLP is 0.99, 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.
Performance
^SIXR vs. XLP - Performance Comparison
In the year-to-date period, ^SIXR achieves a 16.31% return, which is significantly lower than XLP's 18.27% return. Over the past 10 years, ^SIXR has underperformed XLP with an annualized return of 6.44%, while XLP has yielded a comparatively higher 9.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^SIXR vs. XLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector Index (^SIXR) and Consumer Staples Select Sector SPDR Fund (XLP). 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.
Drawdowns
^SIXR vs. XLP - Drawdown Comparison
The maximum ^SIXR drawdown since its inception was -24.93%, smaller than the maximum XLP drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for ^SIXR and XLP. For additional features, visit the drawdowns tool.
Volatility
^SIXR vs. XLP - Volatility Comparison
Consumer Staples Select Sector Index (^SIXR) and Consumer Staples Select Sector SPDR Fund (XLP) have volatilities of 2.37% and 2.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.