DEO vs. XLK
DEO (Diageo plc ADR) is a stock, while XLK (State Street Technology Select Sector SPDR ETF) is Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Over the past 10 years, DEO returned -0.07%/yr vs 24.26%/yr for XLK. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
DEO vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, DEO achieves a 3.54% return, which is significantly lower than XLK's 29.45% return. Over the past 10 years, DEO has underperformed XLK with an annualized return of -0.07%, while XLK has yielded a comparatively higher 24.26% annualized return.
DEO
- 1D
- 0.68%
- 1M
- 8.28%
- 6M
- -8.16%
- YTD
- 3.54%
- 1Y
- -9.87%
- 3Y*
- -16.98%
- 5Y*
- -12.60%
- 10Y*
- -0.07%
- ALL TIME*
- 7.46%
XLK
- 1D
- -0.53%
- 1M
- 1.27%
- 6M
- 34.93%
- YTD
- 29.45%
- 1Y
- 43.69%
- 3Y*
- 30.37%
- 5Y*
- 20.04%
- 10Y*
- 24.26%
- ALL TIME*
- 10.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $104.69M | $87.47M | $94.25M | |
| $1.80B | $1.66B | $2.23B |
DEO vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc ADR | 3.54% | -29.31% | -10.09% | -16.28% | -17.40% | 41.72% | -3.26% | 21.39% | -0.43% | 44.13% |
XLK State Street Technology Select Sector SPDR ETF | 29.45% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
Correlation
The correlation between DEO and XLK is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.31 |
The correlation between DEO and XLK shifts across timeframes, from -0.14 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DEO vs. XLK — Risk / Return Rank
DEO
XLK
DEO vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diageo plc ADR (DEO) 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.
| DEO | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.29 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.76 | -3.04 |
| Martin ratioReturn relative to average drawdown | -0.45 | 7.41 | -7.86 |
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Drawdowns
DEO vs. XLK - Drawdown Comparison
The maximum DEO drawdown since its inception was -63.41%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for DEO and XLK.
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Drawdown Indicators
| DEO | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -82.05% | +18.64% |
Max Drawdown (1Y)Largest decline over 1 year | -35.52% | -15.92% | -19.60% |
Max Drawdown (3Y)Largest decline over 3 years | -54.50% | -25.66% | -28.84% |
Max Drawdown (5Y)Largest decline over 5 years | -63.41% | -33.56% | -29.85% |
Max Drawdown (10Y)Largest decline over 10 years | -63.41% | -33.56% | -29.85% |
Current DrawdownCurrent decline from peak | -54.90% | -6.09% | -48.81% |
Average DrawdownAverage peak-to-trough decline | -13.23% | -34.79% | +21.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.06% | 5.91% | +16.15% |
Volatility
DEO vs. XLK - Volatility Comparison
The current volatility for Diageo plc ADR (DEO) is 8.59%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 10.17%. This indicates that DEO 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.
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Volatility by Period
| DEO | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.59% | 10.17% | -1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 27.33% | 22.11% | +5.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.97% | 25.90% | +7.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.20% | 25.87% | -0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.48% | 24.96% | -1.48% |
Dividends
DEO vs. XLK - Dividend Comparison
DEO's dividend yield for the trailing twelve months is around 3.75%, more than XLK's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc ADR | 3.75% | 4.80% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.18% | 3.00% | 3.13% |
XLK State Street Technology Select Sector SPDR ETF | 0.43% | 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
DEO and XLK have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLK has higher volatility (10.17%) compared to DEO (8.59%). In terms of maximum drawdown, DEO dropped -63.41% vs XLK's -82.05%.
XLK currently has the higher Sharpe Ratio (1.70 vs -0.30), 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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