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 8.28%/yr vs 14.55%/yr for XLI. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
ALLE vs. XLI - Performance Comparison
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Returns By Period
In the year-to-date period, ALLE achieves a -18.49% return, which is significantly lower than XLI's 15.45% return. Over the past 10 years, ALLE has underperformed XLI with an annualized return of 8.28%, while XLI has yielded a comparatively higher 14.55% annualized return.
ALLE
- 1D
- -1.66%
- 1M
- -0.87%
- YTD
- -18.49%
- 6M
- -19.20%
- 1Y
- -8.34%
- 3Y*
- 5.23%
- 5Y*
- -0.02%
- 10Y*
- 8.28%
XLI
- 1D
- -2.01%
- 1M
- 3.97%
- YTD
- 15.45%
- 6M
- 14.08%
- 1Y
- 25.43%
- 3Y*
- 21.67%
- 5Y*
- 13.47%
- 10Y*
- 14.55%
ALLE vs. XLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | -18.49% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
XLI Industrial Select Sector SPDR Fund | 15.45% | 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 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
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 0.60 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 | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.27 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.09 | -2.37 |
| Martin ratioReturn relative to average drawdown | -0.61 | 8.24 | -8.85 |
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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 | -27.81% | -2.01% | -25.80% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -9.19% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.78% | 3.09% | +10.69% |
Volatility
ALLE vs. XLI - Volatility Comparison
Allegion plc (ALLE) has a higher volatility of 7.41% compared to Industrial Select Sector SPDR Fund (XLI) at 6.25%. 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 | 7.41% | 6.25% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 13.67% | +6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.55% | 16.33% | +9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.17% | 17.55% | +8.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.82% | 20.02% | +6.80% |
Dividends
ALLE vs. XLI - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.65%, more than XLI's 1.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.65% | 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 | 1.16% | 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 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLE has higher volatility (7.41%) compared to XLI (6.25%). In terms of maximum drawdown, ALLE dropped -43.25% vs XLI's -62.26%.
XLI currently has the higher Sharpe Ratio (1.57 vs -0.33), 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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