A vs. XSD

Last updated Jun 24, 2026

A (Agilent Technologies, Inc.) is a stock, while XSD (SPDR S&P Semiconductor ETF) is Semiconductors fund tracking the S&P Semiconductor Select Industry Index. Over the past 10 years, A returned 12.01%/yr vs 30.69%/yr for XSD. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

A vs. XSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Agilent Technologies, Inc. (A) and SPDR S&P Semiconductor ETF (XSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, A achieves a -6.53% return, which is significantly lower than XSD's 87.88% return. Over the past 10 years, A has underperformed XSD with an annualized return of 12.01%, while XSD has yielded a comparatively higher 30.69% annualized return.

A

• 1D: 0.14%
• 1M: 10.19%
• YTD: -6.53%
• 6M: -8.08%
• 1Y: 9.97%
• 3Y*: 2.76%
• 5Y*: -2.21%
• 10Y*: 12.01%

XSD

• 1D: -6.88%
• 1M: -0.01%
• YTD: 87.88%
• 6M: 83.00%
• 1Y: 147.65%
• 3Y*: 43.10%
• 5Y*: 26.73%
• 10Y*: 30.69%

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

A vs. XSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
A Agilent Technologies, Inc.	-6.53%	1.92%	-2.70%	-6.42%	-5.52%	35.51%	39.79%	27.54%	1.67%	48.32%
XSD SPDR S&P Semiconductor ETF	87.88%	29.85%	10.75%	34.87%	-30.92%	42.54%	61.95%	64.66%	-6.35%	25.21%

Correlation

The correlation between A and XSD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Feb 6, 2006	0.57

Over the past year, the correlation between A and XSD has dropped to 0.29 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

Return for Risk

A vs. XSD — Risk / Return Rank

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

A

A Risk / Return Rank: 50
A Sharpe Ratio Rank: 53
A Sortino Ratio Rank: 50
A Omega Ratio Rank: 48
A Calmar Ratio Rank: 51
A Martin Ratio Rank: 50

XSD

XSD Risk / Return Rank: 92
XSD Sharpe Ratio Rank: 95
XSD Sortino Ratio Rank: 87
XSD Omega Ratio Rank: 87
XSD Calmar Ratio Rank: 96
XSD Martin Ratio Rank: 94

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.

A vs. XSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Agilent Technologies, Inc. (A) and SPDR S&P Semiconductor ETF (XSD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	A	XSD	Difference
Sharpe ratio: Return per unit of total volatility	0.30	3.65	-3.34
Sortino ratio: Return per unit of downside risk	0.76	3.77	-3.01
Omega ratio: Gain probability vs. loss probability	1.09	1.51	-0.42
Calmar ratio: Return relative to maximum drawdown	0.34	7.98	-7.65
Martin ratio: Return relative to average drawdown	0.64	26.27	-25.63

A vs. XSD - Sharpe Ratio Comparison

The current A Sharpe Ratio is 0.30, which is lower than the XSD Sharpe Ratio of 3.65. The chart below compares the historical Sharpe Ratios of A and XSD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

A vs. XSD - Drawdown Comparison

The maximum A drawdown since its inception was -93.18%, which is greater than XSD's maximum drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for A and XSD.

Drawdown Indicators

	A	XSD	Difference
Max Drawdown Largest peak-to-trough decline	-93.18%	-64.56%	-28.62%
Max Drawdown (1Y) Largest decline over 1 year	-29.75%	-18.61%	-11.14%
Max Drawdown (3Y) Largest decline over 3 years	-35.32%	-41.25%	+5.93%
Max Drawdown (5Y) Largest decline over 5 years	-43.19%	-42.27%	-0.92%
Max Drawdown (10Y) Largest decline over 10 years	-43.19%	-42.27%	-0.92%
Current Drawdown Current decline from peak	-26.93%	-7.06%	-19.87%
Average Drawdown Average peak-to-trough decline	-57.22%	-13.72%	-43.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.58%	5.64%	+9.94%

Volatility

A vs. XSD - Volatility Comparison

The current volatility for Agilent Technologies, Inc. (A) is 17.31%, while SPDR S&P Semiconductor ETF (XSD) has a volatility of 22.76%. This indicates that A experiences smaller price fluctuations and is considered to be less risky than XSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	A	XSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.31%	22.76%	-5.45%
Volatility (6M) Calculated over the trailing 6-month period	25.14%	33.53%	-8.39%
Volatility (1Y) Calculated over the trailing 1-year period	33.03%	40.74%	-7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.01%	39.20%	-9.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.15%	35.44%	-7.29%

Dividends

A vs. XSD - Dividend Comparison

A's dividend yield for the trailing twelve months is around 0.79%, more than XSD's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
A Agilent Technologies, Inc.	0.79%	0.55%	0.71%	0.66%	0.71%	0.49%	0.46%	0.79%	0.91%	0.81%	1.05%	1.23%
XSD SPDR S&P Semiconductor ETF	0.13%	0.26%	0.20%	0.31%	0.44%	0.10%	0.26%	0.51%	1.16%	0.59%	0.64%	0.58%

Frequently Asked Questions

Can I hold both A and XSD in my portfolio?

A and XSD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, A or XSD?

XSD has higher volatility (22.76%) compared to A (17.31%). In terms of maximum drawdown, A dropped -93.18% vs XSD's -64.56%.

Which has better risk-adjusted returns?

XSD currently has the higher Sharpe Ratio (3.65 vs 0.30), 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.