^SIXR vs. XLP

Last updated Apr 1, 2026

Compare and contrast key facts about Consumer Staples Select Sector Index (^SIXR) and State Street Consumer Staples Select Sector SPDR ETF (XLP).

XLP is a passively managed fund by State Street that tracks the performance of the S&P Consumer Staples Select Sector. It was launched on Dec 16, 1998.

Performance

^SIXR vs. XLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Consumer Staples Select Sector Index (^SIXR) and State Street Consumer Staples Select Sector SPDR ETF (XLP). The values are adjusted to include any dividend payments, if applicable.

^SIXR vs. XLP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SIXR Consumer Staples Select Sector Index	5.39%	-1.16%	9.44%	-3.44%	-2.56%	13.49%	7.20%	24.16%	-10.71%	10.10%
XLP State Street Consumer Staples Select Sector SPDR ETF	6.13%	1.52%	12.20%	-0.82%	-0.81%	17.20%	10.11%	27.43%	-8.07%	12.98%

Returns By Period

In the year-to-date period, ^SIXR achieves a 5.39% return, which is significantly lower than XLP's 6.13% return. Over the past 10 years, ^SIXR has underperformed XLP with an annualized return of 4.38%, while XLP has yielded a comparatively higher 7.17% annualized return.

^SIXR

• 1D: 0.06%
• 1M: -8.74%
• YTD: 5.39%
• 6M: 4.50%
• 1Y: 0.38%
• 3Y*: 3.24%
• 5Y*: 3.87%
• 10Y*: 4.38%

XLP

• 1D: 0.12%
• 1M: -8.41%
• YTD: 6.13%
• 6M: 6.04%
• 1Y: 3.16%
• 3Y*: 5.99%
• 5Y*: 6.59%
• 10Y*: 7.17%

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

Return for Risk

^SIXR vs. XLP — Risk / Return Rank

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

^SIXR

^SIXR Risk / Return Rank: 18
^SIXR Sharpe Ratio Rank: 16
^SIXR Sortino Ratio Rank: 15
^SIXR Omega Ratio Rank: 15
^SIXR Calmar Ratio Rank: 23
^SIXR Martin Ratio Rank: 23

XLP

XLP Risk / Return Rank: 20
XLP Sharpe Ratio Rank: 19
XLP Sortino Ratio Rank: 18
XLP Omega Ratio Rank: 17
XLP Calmar Ratio Rank: 25
XLP Martin Ratio Rank: 22

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.

^SIXR vs. XLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector Index (^SIXR) and State Street Consumer Staples Select Sector SPDR ETF (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.

	^SIXR	XLP	Difference
Sharpe ratio Return per unit of total volatility	0.03	0.23	-0.20
Sortino ratio Return per unit of downside risk	0.14	0.42	-0.29
Omega ratio Gain probability vs. loss probability	1.02	1.05	-0.03
Calmar ratio Return relative to maximum drawdown	0.19	0.49	-0.31
Martin ratio Return relative to average drawdown	0.42	1.19	-0.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SIXR vs. XLP - Sharpe Ratio Comparison

The current ^SIXR Sharpe Ratio is 0.03, which is lower than the XLP Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of ^SIXR and XLP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SIXR	XLP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.03	0.23	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.50	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.49	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.44	+0.10

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.

Drawdowns

^SIXR vs. XLP - Drawdown Comparison

The maximum ^SIXR drawdown since its inception was -24.93%, smaller than the maximum XLP drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for ^SIXR and XLP.

Drawdown Indicators

	^SIXR	XLP	Difference
Max Drawdown Largest peak-to-trough decline	-24.93%	-35.90%	+10.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.86%	-9.69%	-0.17%
Max Drawdown (5Y) Largest decline over 5 years	-17.73%	-16.30%	-1.43%
Max Drawdown (10Y) Largest decline over 10 years	-24.93%	-24.51%	-0.42%
Current Drawdown Current decline from peak	-8.74%	-8.41%	-0.33%
Average Drawdown Average peak-to-trough decline	-4.12%	-7.06%	+2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	4.03%	+0.31%

Volatility

^SIXR vs. XLP - Volatility Comparison

Consumer Staples Select Sector Index (^SIXR) and State Street Consumer Staples Select Sector SPDR ETF (XLP) have volatilities of 3.84% and 3.93%, 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.

Volatility by Period

	^SIXR	XLP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	3.93%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.23%	9.34%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	13.77%	13.90%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	13.14%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	14.69%	+0.06%