ALLE vs. XLI
ALLE (Allegion plc) is a stock, while XLI (Industrial Select Sector SPDR Fund) is Industrials Equities fund tracking the Industrial Select Sector Index. Over the past 10 years, ALLE returned 9.83%/yr vs 14.07%/yr for XLI. Their 0.67 correlation means they have sometimes moved together and sometimes differently.
Performance
ALLE vs. XLI - Performance Comparison
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Returns By Period
In the year-to-date period, ALLE achieves a 2.10% return, which is significantly lower than XLI's 18.70% return. Over the past 10 years, ALLE has underperformed XLI with an annualized return of 9.83%, while XLI has yielded a comparatively higher 14.07% annualized return.
ALLE
- 1D
- 2.47%
- 1M
- 14.72%
- 6M
- -1.79%
- YTD
- 2.10%
- 1Y
- -0.96%
- 3Y*
- 14.63%
- 5Y*
- 5.08%
- 10Y*
- 9.83%
- ALL TIME*
- 10.91%
XLI
- 1D
- 1.85%
- 1M
- -0.41%
- 6M
- 9.91%
- YTD
- 18.70%
- 1Y
- 23.89%
- 3Y*
- 20.89%
- 5Y*
- 14.00%
- 10Y*
- 14.07%
- ALL TIME*
- 9.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ALLE Allegion plc | $258.17M | $212.18M | $168.39M |
| $1.23B | $1.21B | $1.35B |
ALLE vs. XLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 2.10% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
XLI Industrial Select Sector SPDR Fund | 18.70% | 19.35% | 17.31% | 18.13% | -5.57% | 21.08% | 10.91% | 29.08% | -13.25% | 23.98% |
Correlation
The correlation between ALLE and XLI is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2013 | 0.67 |
The correlation between ALLE and XLI has been stable across timeframes, ranging from 0.59 to 0.69 - a consistent structural relationship.
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Return for Risk
ALLE vs. XLI — Risk / Return Rank
ALLE
XLI
ALLE vs. XLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) and Industrial Select Sector SPDR Fund (XLI). 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.
| ALLE | XLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.25 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 1.97 | -2.00 |
| Martin ratioReturn relative to average drawdown | -0.06 | 7.75 | -7.81 |
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Drawdowns
ALLE vs. XLI - Drawdown Comparison
The maximum ALLE drawdown since its inception was -43.25%, smaller than the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for ALLE and XLI.
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Drawdown Indicators
| ALLE | XLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.25% | -62.26% | +19.01% |
Max Drawdown (1Y)Largest decline over 1 year | -29.84% | -12.21% | -17.63% |
Max Drawdown (3Y)Largest decline over 3 years | -29.84% | -18.49% | -11.35% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -21.64% | -17.23% |
Max Drawdown (10Y)Largest decline over 10 years | -43.25% | -42.33% | -0.92% |
Current DrawdownCurrent decline from peak | -9.57% | -1.29% | -8.28% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -9.16% | -1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.32% | 3.09% | +12.23% |
Volatility
ALLE vs. XLI - Volatility Comparison
Allegion plc (ALLE) has a higher volatility of 12.10% compared to Industrial Select Sector SPDR Fund (XLI) at 5.19%. This indicates that ALLE's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALLE | XLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.10% | 5.19% | +6.91% |
Volatility (6M)Calculated over the trailing 6-month period | 23.69% | 14.11% | +9.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.15% | 16.97% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.65% | 17.61% | +9.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.07% | 20.05% | +7.02% |
Dividends
ALLE vs. XLI - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.31%, more than XLI's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.31% | 1.28% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% |
XLI Industrial Select Sector SPDR Fund | 1.12% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
Frequently Asked Questions
ALLE and XLI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLE has higher volatility (12.10%) compared to XLI (5.19%). In terms of maximum drawdown, ALLE dropped -43.25% vs XLI's -62.26%.
XLI currently has the higher Sharpe Ratio (1.42 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.
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