BALL vs. XLB

Last updated Apr 1, 2026

Compare and contrast key facts about Ball Corporation (BALL) and Materials Select Sector SPDR ETF (XLB).

XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998.

Performance

BALL vs. XLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ball Corporation (BALL) and Materials Select Sector SPDR ETF (XLB). The values are adjusted to include any dividend payments, if applicable.

BALL vs. XLB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BALL Ball Corporation	11.92%	-2.43%	-2.96%	14.15%	-46.23%	4.12%	45.19%	41.83%	22.65%	1.79%
XLB Materials Select Sector SPDR ETF	10.68%	9.94%	0.15%	12.46%	-12.30%	27.44%	20.46%	24.13%	-14.88%	24.01%

Returns By Period

In the year-to-date period, BALL achieves a 11.92% return, which is significantly higher than XLB's 10.68% return. Over the past 10 years, BALL has underperformed XLB with an annualized return of 6.26%, while XLB has yielded a comparatively higher 10.45% annualized return.

BALL

• 1D: 1.86%
• 1M: -11.68%
• YTD: 11.92%
• 6M: 18.06%
• 1Y: 15.19%
• 3Y*: 3.81%
• 5Y*: -6.09%
• 10Y*: 6.26%

XLB

• 1D: 1.79%
• 1M: -6.02%
• YTD: 10.68%
• 6M: 12.59%
• 1Y: 18.51%
• 3Y*: 9.53%
• 5Y*: 6.79%
• 10Y*: 10.45%

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

Return for Risk

BALL vs. XLB — Risk / Return Rank

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

BALL

BALL Risk / Return Rank: 58
BALL Sharpe Ratio Rank: 62
BALL Sortino Ratio Rank: 56
BALL Omega Ratio Rank: 54
BALL Calmar Ratio Rank: 59
BALL Martin Ratio Rank: 57

XLB

XLB Risk / Return Rank: 54
XLB Sharpe Ratio Rank: 53
XLB Sortino Ratio Rank: 56
XLB Omega Ratio Rank: 49
XLB Calmar Ratio Rank: 58
XLB Martin Ratio Rank: 52

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.

BALL vs. XLB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ball Corporation (BALL) and Materials Select Sector SPDR ETF (XLB). 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.

	BALL	XLB	Difference
Sharpe ratio Return per unit of total volatility	0.57	0.89	-0.32
Sortino ratio Return per unit of downside risk	1.01	1.38	-0.37
Omega ratio Gain probability vs. loss probability	1.12	1.18	-0.05
Calmar ratio Return relative to maximum drawdown	0.75	1.35	-0.60
Martin ratio Return relative to average drawdown	1.48	4.72	-3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BALL vs. XLB - Sharpe Ratio Comparison

The current BALL Sharpe Ratio is 0.57, which is lower than the XLB Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of BALL and XLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BALL	XLB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	0.89	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	0.36	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.51	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.36	+0.05

Correlation

The correlation between BALL and XLB is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BALL vs. XLB - Dividend Comparison

BALL's dividend yield for the trailing twelve months is around 1.35%, less than XLB's 1.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BALL Ball Corporation	1.35%	1.51%	1.45%	1.39%	1.56%	0.73%	0.64%	0.85%	0.87%	0.96%	0.69%	0.71%
XLB Materials Select Sector SPDR ETF	1.75%	1.92%	1.92%	2.00%	2.26%	1.62%	1.72%	1.98%	2.20%	1.66%	1.95%	2.24%

Drawdowns

BALL vs. XLB - Drawdown Comparison

The maximum BALL drawdown since its inception was -55.09%, smaller than the maximum XLB drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for BALL and XLB.

Drawdown Indicators

	BALL	XLB	Difference
Max Drawdown Largest peak-to-trough decline	-55.09%	-59.83%	+4.74%
Max Drawdown (1Y) Largest decline over 1 year	-21.96%	-14.64%	-7.32%
Max Drawdown (5Y) Largest decline over 5 years	-55.09%	-24.72%	-30.37%
Max Drawdown (10Y) Largest decline over 10 years	-55.09%	-37.27%	-17.82%
Current Drawdown Current decline from peak	-35.83%	-6.39%	-29.44%
Average Drawdown Average peak-to-trough decline	-16.40%	-10.88%	-5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.22%	4.20%	+7.02%

Volatility

BALL vs. XLB - Volatility Comparison

Ball Corporation (BALL) has a higher volatility of 7.60% compared to Materials Select Sector SPDR ETF (XLB) at 6.28%. This indicates that BALL's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BALL	XLB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.60%	6.28%	+1.32%
Volatility (6M) Calculated over the trailing 6-month period	18.68%	12.53%	+6.15%
Volatility (1Y) Calculated over the trailing 1-year period	26.78%	20.95%	+5.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.19%	18.91%	+11.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.14%	20.62%	+7.52%