BL vs. XLF
Compare and contrast key facts about BlackLine, Inc. (BL) and Financial Select Sector SPDR Fund (XLF).
XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BL or XLF.
Key characteristics
| BL | XLF | |
|---|---|---|
| YTD Return | -3.01% | 33.53% |
| 1Y Return | 7.99% | 45.44% |
| 3Y Return (Ann) | -22.00% | 9.36% |
| 5Y Return (Ann) | 2.92% | 13.03% |
| Sharpe Ratio | 0.23 | 3.36 |
| Sortino Ratio | 0.62 | 4.72 |
| Omega Ratio | 1.07 | 1.61 |
| Calmar Ratio | 0.12 | 3.48 |
| Martin Ratio | 0.43 | 23.97 |
| Ulcer Index | 19.69% | 1.93% |
| Daily Std Dev | 37.00% | 13.75% |
| Max Drawdown | -70.91% | -82.69% |
| Current Drawdown | -59.73% | -0.50% |
Correlation
The correlation between BL and XLF is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BL vs. XLF - Performance Comparison
In the year-to-date period, BL achieves a -3.01% return, which is significantly lower than XLF's 33.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BL vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackLine, Inc. (BL) and Financial Select Sector SPDR Fund (XLF). 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.
Dividends
BL vs. XLF - Dividend Comparison
BL has not paid dividends to shareholders, while XLF's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BL BlackLine, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.34% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
BL vs. XLF - Drawdown Comparison
The maximum BL drawdown since its inception was -70.91%, smaller than the maximum XLF drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for BL and XLF. For additional features, visit the drawdowns tool.
Volatility
BL vs. XLF - Volatility Comparison
BlackLine, Inc. (BL) has a higher volatility of 9.27% compared to Financial Select Sector SPDR Fund (XLF) at 7.03%. This indicates that BL's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.