CASA vs. XLK
Compare and contrast key facts about Casa Systems, Inc. (CASA) and Technology Select Sector SPDR Fund (XLK).
XLK is a passively managed fund by State Street that tracks the performance of the Technology 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: CASA or XLK.
Correlation
The correlation between CASA and XLK is 0.35, 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
CASA vs. XLK - Performance Comparison
Key characteristics
Returns By Period
CASA
N/A
N/A
N/A
N/A
N/A
N/A
XLK
-7.17%
18.14%
-3.37%
7.11%
19.63%
18.99%
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Risk-Adjusted Performance
CASA vs. XLK — Risk-Adjusted Performance Rank
CASA
XLK
CASA vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Casa Systems, Inc. (CASA) and Technology Select Sector SPDR Fund (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.
Dividends
CASA vs. XLK - Dividend Comparison
CASA has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.72%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASA Casa Systems, 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% |
XLK Technology Select Sector SPDR Fund | 0.72% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
CASA vs. XLK - Drawdown Comparison
Volatility
CASA vs. XLK - Volatility Comparison
The current volatility for Casa Systems, Inc. (CASA) is 0.00%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 17.38%. This indicates that CASA experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.