ARMH vs. XLK
ARMH (Arm Holdings PLC ADRhedged ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both Technology Equities funds. ARMH is actively managed, while XLK is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. ARMH charges 0.19%/yr vs 0.08%/yr for XLK.
Performance
ARMH vs. XLK - Performance Comparison
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Returns By Period
ARMH
- 1D
- -7.59%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLK
- 1D
- 0.49%
- 1M
- 6.65%
- YTD
- 33.79%
- 6M
- 32.69%
- 1Y
- 60.87%
- 3Y*
- 32.46%
- 5Y*
- 22.53%
- 10Y*
- 26.01%
ARMH vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARMH Arm Holdings PLC ADRhedged ETF | 31.98% |
XLK State Street Technology Select Sector SPDR ETF | 4.31% |
Correlation
The correlation between ARMH and XLK is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.68 |
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Return for Risk
ARMH vs. XLK — Risk / Return Rank
ARMH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLK
ARMH vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arm Holdings PLC ADRhedged ETF (ARMH) and State Street Technology Select Sector SPDR ETF (XLK). 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.
| ARMH | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.43 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.84 | — |
| Martin ratioReturn relative to average drawdown | — | 12.30 | — |
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Drawdowns
ARMH vs. XLK - Drawdown Comparison
The maximum ARMH drawdown since its inception was -24.85%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ARMH and XLK.
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Drawdown Indicators
| ARMH | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.85% | -82.05% | +57.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.92% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | -7.59% | -2.94% | -4.65% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -34.90% | +27.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.96% | — |
Volatility
ARMH vs. XLK - Volatility Comparison
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Volatility by Period
| ARMH | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 117.89% | 23.12% | +94.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.89% | 25.30% | +92.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.89% | 24.71% | +93.18% |
ARMH vs. XLK - Expense Ratio Comparison
ARMH has a 0.19% expense ratio, which is higher than XLK's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ARMH vs. XLK - Dividend Comparison
ARMH has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARMH Arm Holdings PLC ADRhedged ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.52% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
ARMH and XLK have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLK is cheaper with a 0.08% expense ratio, compared with 0.19% for ARMH.
XLK has the higher dividend yield at 0.52%, compared with 0.00% for ARMH.
They also come from different issuers: Precidian and State Street. Their fees differ too: 0.19% for ARMH and 0.08% for XLK.
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