^SIXT vs. ^DXY

Last updated Jun 4, 2026

^SIXT (Technology Select Sector Index) and ^DXY (US Dollar Currency Index) are both indexes. Over the past 10 years, ^SIXT returned 24.69%/yr vs 0.56%/yr for ^DXY. At a correlation of -0.16, they often move in opposite directions.

Performance

^SIXT vs. ^DXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Technology Select Sector Index (^SIXT) and US Dollar Currency Index (^DXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^SIXT achieves a 37.52% return, which is significantly higher than ^DXY's 1.14% return. Over the past 10 years, ^SIXT has outperformed ^DXY with an annualized return of 24.69%, while ^DXY has yielded a comparatively lower 0.56% annualized return.

^SIXT

• 1D: 1.24%
• 1M: 22.26%
• YTD: 37.52%
• 6M: 36.72%
• 1Y: 67.67%
• 3Y*: 33.44%
• 5Y*: 23.62%
• 10Y*: 24.69%

^DXY

• 1D: 0.22%
• 1M: 1.08%
• YTD: 1.14%
• 6M: 0.59%
• 1Y: 0.21%
• 3Y*: -1.49%
• 5Y*: 1.98%
• 10Y*: 0.56%

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

^SIXT vs. ^DXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SIXT Technology Select Sector Index	37.52%	23.84%	20.79%	54.58%	-28.72%	34.18%	42.21%	48.04%	-2.96%	32.30%
^DXY US Dollar Currency Index	1.14%	-9.37%	7.06%	-2.11%	7.87%	6.71%	-6.69%	0.22%	4.40%	-9.87%

Correlation

The correlation between ^SIXT and ^DXY is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	-0.13
Correlation (5Y) Calculated over the trailing 5-year period	-0.20
Correlation (10Y) Calculated over the trailing 10-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	-0.16

Return for Risk

^SIXT vs. ^DXY — Risk / Return Rank

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

^SIXT

^SIXT Risk / Return Rank: 93
^SIXT Sharpe Ratio Rank: 95
^SIXT Sortino Ratio Rank: 95
^SIXT Omega Ratio Rank: 95
^SIXT Calmar Ratio Rank: 92
^SIXT Martin Ratio Rank: 89

^DXY

^DXY Risk / Return Rank: 11
^DXY Sharpe Ratio Rank: 12
^DXY Sortino Ratio Rank: 10
^DXY Omega Ratio Rank: 10
^DXY Calmar Ratio Rank: 12
^DXY Martin Ratio Rank: 12

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.

^SIXT vs. ^DXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Technology Select Sector Index (^SIXT) and US Dollar Currency Index (^DXY). 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.

	^SIXT	^DXY	Difference
Sharpe ratio Return per unit of total volatility	3.37	0.04	+3.33
Sortino ratio Return per unit of downside risk	4.05	0.09	+3.96
Omega ratio Gain probability vs. loss probability	1.54	1.01	+0.53
Calmar ratio Return relative to maximum drawdown	4.37	0.05	+4.32
Martin ratio Return relative to average drawdown	14.55	0.12	+14.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SIXT vs. ^DXY - Sharpe Ratio Comparison

The current ^SIXT Sharpe Ratio is 3.37, which is higher than the ^DXY Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of ^SIXT and ^DXY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	^SIXT	^DXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	0.04	+3.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	0.28	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.01	0.08	+0.92
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	-0.08	+0.99

Drawdowns

^SIXT vs. ^DXY - Drawdown Comparison

The maximum ^SIXT drawdown since its inception was -33.93%, smaller than the maximum ^DXY drawdown of -45.13%. Use the drawdown chart below to compare losses from any high point for ^SIXT and ^DXY.

Drawdown Indicators

	^SIXT	^DXY	Difference
Max Drawdown Largest peak-to-trough decline	-33.93%	-45.13%	+11.20%
Max Drawdown (1Y) Largest decline over 1 year	-16.12%	-4.00%	-12.12%
Max Drawdown (3Y) Largest decline over 3 years	-25.82%	-12.49%	-13.33%
Max Drawdown (5Y) Largest decline over 5 years	-33.93%	-15.68%	-18.25%
Max Drawdown (10Y) Largest decline over 10 years	-33.93%	-15.68%	-18.25%
Current Drawdown Current decline from peak	0.00%	-23.51%	+23.51%
Average Drawdown Average peak-to-trough decline	-5.01%	-28.17%	+23.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	1.76%	+3.08%

Volatility

^SIXT vs. ^DXY - Volatility Comparison

Technology Select Sector Index (^SIXT) has a higher volatility of 6.78% compared to US Dollar Currency Index (^DXY) at 1.03%. This indicates that ^SIXT's price experiences larger fluctuations and is considered to be riskier than ^DXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SIXT	^DXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	1.03%	+5.75%
Volatility (6M) Calculated over the trailing 6-month period	16.72%	3.90%	+12.82%
Volatility (1Y) Calculated over the trailing 1-year period	20.92%	5.72%	+15.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.08%	6.97%	+18.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	6.49%	+18.16%

Frequently Asked Questions

Can I hold both ^SIXT and ^DXY in my portfolio?

^SIXT and ^DXY have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^SIXT or ^DXY?

^SIXT has higher volatility (6.78%) compared to ^DXY (1.03%). In terms of maximum drawdown, ^SIXT dropped -33.93% vs ^DXY's -45.13%.

Which has better risk-adjusted returns?

^SIXT currently has the higher Sharpe Ratio (3.37 vs 0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.