DOV vs. XLI
Compare and contrast key facts about Dover Corporation (DOV) and Industrial Select Sector SPDR Fund (XLI).
XLI is a passively managed fund by State Street that tracks the performance of the Industrial 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: DOV or XLI.
Correlation
The correlation between DOV and XLI is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DOV vs. XLI - Performance Comparison
Key characteristics
DOV:
1.77
XLI:
1.96
DOV:
2.69
XLI:
2.82
DOV:
1.32
XLI:
1.34
DOV:
2.20
XLI:
3.21
DOV:
9.24
XLI:
9.49
DOV:
3.97%
XLI:
2.83%
DOV:
20.72%
XLI:
13.71%
DOV:
-59.48%
XLI:
-62.26%
DOV:
-3.68%
XLI:
-3.85%
Returns By Period
In the year-to-date period, DOV achieves a 5.76% return, which is significantly higher than XLI's 4.55% return. Over the past 10 years, DOV has outperformed XLI with an annualized return of 14.71%, while XLI has yielded a comparatively lower 11.50% annualized return.
DOV
5.76%
4.83%
10.59%
35.16%
12.48%
14.71%
XLI
4.55%
3.45%
10.11%
24.32%
12.56%
11.50%
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Risk-Adjusted Performance
DOV vs. XLI — Risk-Adjusted Performance Rank
DOV
XLI
DOV vs. XLI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dover Corporation (DOV) and Industrial Select Sector SPDR Fund (XLI). 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
DOV vs. XLI - Dividend Comparison
DOV's dividend yield for the trailing twelve months is around 1.04%, less than XLI's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 1.04% | 1.10% | 1.33% | 1.49% | 1.10% | 1.57% | 1.68% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% |
XLI Industrial Select Sector SPDR Fund | 1.38% | 1.44% | 1.63% | 1.64% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% | 1.85% |
Drawdowns
DOV vs. XLI - Drawdown Comparison
The maximum DOV drawdown since its inception was -59.48%, roughly equal to the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for DOV and XLI. For additional features, visit the drawdowns tool.
Volatility
DOV vs. XLI - Volatility Comparison
Dover Corporation (DOV) has a higher volatility of 6.38% compared to Industrial Select Sector SPDR Fund (XLI) at 4.51%. This indicates that DOV's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.