SPY vs. ^XCI
Compare and contrast key facts about SPDR S&P 500 ETF (SPY) and ARCA Computer Technology Index (^XCI).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPY or ^XCI.
Correlation
The correlation between SPY and ^XCI is 0.79, 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
SPY vs. ^XCI - Performance Comparison
Key characteristics
SPY:
2.70
^XCI:
2.10
SPY:
3.60
^XCI:
2.71
SPY:
1.50
^XCI:
1.36
SPY:
3.90
^XCI:
2.79
SPY:
17.53
^XCI:
9.39
SPY:
1.87%
^XCI:
4.90%
SPY:
12.13%
^XCI:
21.95%
SPY:
-55.19%
^XCI:
-77.19%
SPY:
-0.82%
^XCI:
-1.21%
Returns By Period
In the year-to-date period, SPY achieves a 28.02% return, which is significantly lower than ^XCI's 42.77% return. Over the past 10 years, SPY has underperformed ^XCI with an annualized return of 13.63%, while ^XCI has yielded a comparatively higher 22.84% annualized return.
SPY
28.02%
0.77%
12.97%
32.24%
15.53%
13.63%
^XCI
42.77%
0.61%
10.68%
46.36%
27.76%
22.84%
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Risk-Adjusted Performance
SPY vs. ^XCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ETF (SPY) and ARCA Computer Technology Index (^XCI). 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
SPY vs. ^XCI - Drawdown Comparison
The maximum SPY drawdown since its inception was -55.19%, smaller than the maximum ^XCI drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for SPY and ^XCI. For additional features, visit the drawdowns tool.
Volatility
SPY vs. ^XCI - Volatility Comparison
The current volatility for SPDR S&P 500 ETF (SPY) is 2.19%, while ARCA Computer Technology Index (^XCI) has a volatility of 4.55%. This indicates that SPY experiences smaller price fluctuations and is considered to be less risky than ^XCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.