^XCI vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about ARCA Computer Technology Index (^XCI) and S&P 500 Index (^GSPC).

Performance

^XCI vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARCA Computer Technology Index (^XCI) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

^XCI vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^XCI ARCA Computer Technology Index	-8.61%	26.59%	42.26%	66.65%	-32.43%	41.49%	43.93%	49.12%	-3.42%	37.69%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, ^XCI achieves a -8.61% return, which is significantly lower than ^GSPC's -3.95% return. Over the past 10 years, ^XCI has outperformed ^GSPC with an annualized return of 23.39%, while ^GSPC has yielded a comparatively lower 12.24% annualized return.

^XCI

• 1D: 1.23%
• 1M: -4.39%
• YTD: -8.61%
• 6M: -7.44%
• 1Y: 31.32%
• 3Y*: 29.59%
• 5Y*: 19.88%
• 10Y*: 23.39%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

^XCI vs. ^GSPC — Risk / Return Rank

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

^XCI

^XCI Risk / Return Rank: 75
^XCI Sharpe Ratio Rank: 79
^XCI Sortino Ratio Rank: 83
^XCI Omega Ratio Rank: 80
^XCI Calmar Ratio Rank: 70
^XCI Martin Ratio Rank: 64

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

^XCI vs. ^GSPC - Risk-Adjusted Trends Comparison

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

	^XCI	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.16	0.92	+0.24
Sortino ratio Return per unit of downside risk	1.80	1.41	+0.39
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.03
Calmar ratio Return relative to maximum drawdown	1.74	1.41	+0.33
Martin ratio Return relative to average drawdown	5.49	6.61	-1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^XCI vs. ^GSPC - Sharpe Ratio Comparison

The current ^XCI Sharpe Ratio is 1.16, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of ^XCI and ^GSPC, 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

	^XCI	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	0.92	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.61	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.68	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.46	-0.07

Correlation

The correlation between ^XCI and ^GSPC is 0.80, 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

^XCI vs. ^GSPC - Drawdown Comparison

The maximum ^XCI drawdown since its inception was -77.19%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^XCI and ^GSPC.

Drawdown Indicators

	^XCI	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-77.19%	-56.78%	-20.41%
Max Drawdown (1Y) Largest decline over 1 year	-18.85%	-12.14%	-6.71%
Max Drawdown (5Y) Largest decline over 5 years	-37.04%	-25.43%	-11.61%
Max Drawdown (10Y) Largest decline over 10 years	-37.04%	-33.92%	-3.12%
Current Drawdown Current decline from peak	-14.22%	-5.78%	-8.44%
Average Drawdown Average peak-to-trough decline	-31.38%	-10.75%	-20.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.98%	2.60%	+3.38%

Volatility

^XCI vs. ^GSPC - Volatility Comparison

ARCA Computer Technology Index (^XCI) has a higher volatility of 7.94% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that ^XCI's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^XCI	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.94%	5.37%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	15.43%	9.55%	+5.88%
Volatility (1Y) Calculated over the trailing 1-year period	27.20%	18.33%	+8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.60%	16.90%	+8.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.10%	18.05%	+7.05%