CL vs. IXN
CL (Colgate-Palmolive Company) is a stock, while IXN (iShares Global Tech ETF) is Technology Equities fund tracking the S&P Global Information Technology Sector Index. Over the past 10 years, CL returned 4.13%/yr vs 25.31%/yr for IXN. At a 0.29 correlation, their price movements are largely independent.
Performance
CL vs. IXN - Performance Comparison
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Returns By Period
In the year-to-date period, CL achieves a 9.03% return, which is significantly lower than IXN's 39.02% return. Over the past 10 years, CL has underperformed IXN with an annualized return of 4.13%, while IXN has yielded a comparatively higher 25.31% annualized return.
CL
- 1D
- 0.27%
- 1M
- -1.42%
- YTD
- 9.03%
- 6M
- 11.02%
- 1Y
- -3.27%
- 3Y*
- 6.21%
- 5Y*
- 2.68%
- 10Y*
- 4.13%
IXN
- 1D
- -1.53%
- 1M
- 16.82%
- YTD
- 39.02%
- 6M
- 39.11%
- 1Y
- 71.20%
- 3Y*
- 35.59%
- 5Y*
- 22.87%
- 10Y*
- 25.31%
CL vs. IXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 9.03% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
IXN iShares Global Tech ETF | 39.02% | 25.25% | 24.84% | 52.98% | -29.86% | 29.58% | 43.62% | 47.88% | -5.44% | 41.23% |
Correlation
The correlation between CL and IXN is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2001 | 0.29 |
The correlation between CL and IXN shifts across timeframes, from -0.19 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CL vs. IXN — Risk / Return Rank
CL
IXN
CL vs. IXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Colgate-Palmolive Company (CL) and iShares Global Tech ETF (IXN). 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.
| CL | IXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.40 | ||
| Sortino ratioReturn per unit of downside risk | -4.05 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.51 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 5.19 | -5.36 |
| Martin ratioReturn relative to average drawdown | -0.29 | 17.87 | -18.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CL | IXN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.16 | 3.25 | -3.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.93 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 1.04 | -0.83 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.54 | -0.12 |
Drawdowns
CL vs. IXN - Drawdown Comparison
The maximum CL drawdown since its inception was -58.91%, which is greater than IXN's maximum drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for CL and IXN.
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Drawdown Indicators
| CL | IXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -55.67% | -3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -18.64% | -13.80% | -4.84% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -25.55% | -3.50% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -36.30% | +7.25% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -36.30% | +7.25% |
Current DrawdownCurrent decline from peak | -18.47% | -2.52% | -15.95% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -11.27% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.24% | 4.00% | +7.24% |
Volatility
CL vs. IXN - Volatility Comparison
The current volatility for Colgate-Palmolive Company (CL) is 6.35%, while iShares Global Tech ETF (IXN) has a volatility of 8.18%. This indicates that CL experiences smaller price fluctuations and is considered to be less risky than IXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CL | IXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 8.18% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 16.60% | 17.93% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.05% | 22.03% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.64% | 24.84% | -6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 24.40% | -4.73% |
Dividends
CL vs. IXN - Dividend Comparison
CL's dividend yield for the trailing twelve months is around 2.46%, more than IXN's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.46% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
IXN iShares Global Tech ETF | 0.75% | 1.04% | 0.43% | 0.55% | 0.81% | 0.58% | 0.63% | 1.06% | 0.94% | 0.93% | 1.03% | 1.12% |
Frequently Asked Questions
CL and IXN have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXN has higher volatility (8.18%) compared to CL (6.35%). In terms of maximum drawdown, CL dropped -58.91% vs IXN's -55.67%.
IXN currently has the higher Sharpe Ratio (3.25 vs -0.16), 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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