^XCI vs. ^GSPC

Last updated Apr 3, 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	-8.10%	26.59%	42.26%	66.65%	-32.43%	41.49%	43.93%	49.12%	-3.42%	37.69%
^GSPC S&P 500 Index	-3.84%	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 -8.10% return, which is significantly lower than ^GSPC's -3.84% return. Over the past 10 years, ^XCI has outperformed ^GSPC with an annualized return of 23.52%, while ^GSPC has yielded a comparatively lower 12.29% annualized return.

^XCI

• 1D: 0.56%
• 1M: -3.01%
• YTD: -8.10%
• 6M: -7.45%
• 1Y: 31.61%
• 3Y*: 29.72%
• 5Y*: 20.01%
• 10Y*: 23.52%

^GSPC

• 1D: 0.11%
• 1M: -3.43%
• YTD: -3.84%
• 6M: -1.98%
• 1Y: 16.08%
• 3Y*: 16.86%
• 5Y*: 10.37%
• 10Y*: 12.29%

*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: 74
^XCI Sharpe Ratio Rank: 78
^XCI Sortino Ratio Rank: 83
^XCI Omega Ratio Rank: 81
^XCI Calmar Ratio Rank: 68
^XCI Martin Ratio Rank: 59

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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	1.17	0.88	+0.29
Sortino ratio Return per unit of downside risk	1.81	1.37	+0.45
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	1.70	1.39	+0.31
Martin ratio Return relative to average drawdown	5.31	6.43	-1.13
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 1.17, which is higher than the ^GSPC Sharpe Ratio of 0.88. 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	1.17	0.88	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.62	+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%	-9.10%	-9.75%
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	-13.74%	-5.67%	-8.07%
Average Drawdown Average peak-to-trough decline	-31.37%	-10.75%	-20.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.04%	2.62%	+3.42%

Volatility

^XCI vs. ^GSPC - Volatility Comparison

ARCA Computer Technology Index (^XCI) has a higher volatility of 7.88% compared to S&P 500 Index (^GSPC) at 5.29%. 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	7.88%	5.29%	+2.59%
Volatility (6M) Calculated over the trailing 6-month period	15.43%	9.55%	+5.88%
Volatility (1Y) Calculated over the trailing 1-year period	27.18%	18.33%	+8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.59%	16.90%	+8.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.10%	18.04%	+7.06%