DTEC vs. XLK

Last updated Jul 14, 2026

DTEC (ALPS Disruptive Technologies ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both Technology Equities funds - DTEC tracks the Indxx Disruptive Technologies Index while XLK tracks the S&P Technology Select Sector Daily Capped 35/20 Index. Both are passively managed. Over the past 5 years, DTEC returned 0.35%/yr vs 19.72%/yr for XLK. Their correlation of 0.80 suggests significant overlap in exposure. DTEC charges 0.50%/yr vs 0.08%/yr for XLK.

Performance

DTEC vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Disruptive Technologies ETF (DTEC) and State Street Technology Select Sector SPDR ETF (XLK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTEC achieves a 0.32% return, which is significantly lower than XLK's 26.22% return.

DTEC

• 1D: 0.09%
• 1M: 3.03%
• 6M: -3.20%
• YTD: 0.32%
• 1Y: 0.18%
• 3Y*: 6.83%
• 5Y*: 0.35%
• 10Y*: —

XLK

• 1D: -2.42%
• 1M: -1.79%
• 6M: 23.80%
• YTD: 26.22%
• 1Y: 42.45%
• 3Y*: 28.08%
• 5Y*: 19.72%
• 10Y*: 24.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DTEC vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DTEC ALPS Disruptive Technologies ETF	0.32%	7.21%	9.89%	25.03%	-31.29%	4.89%	44.12%	35.44%	-4.96%	0.04%
XLK State Street Technology Select Sector SPDR ETF	26.22%	24.61%	21.63%	56.02%	-27.73%	34.74%	43.62%	49.86%	-1.68%	-0.53%

Correlation

The correlation between DTEC and XLK is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 29, 2017	0.80

Over the past year, the correlation between DTEC and XLK has dropped to 0.60 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

DTEC vs. XLK - Sectors Allocation Comparison

Sectors	DTEC	XLK
Technology	63.4%	99.7%
Industrials	12.1%	0.1%
Healthcare	9.2%	-
Financial Services	7.3%	-
Energy	3.5%	0.2%
Utilities	3.2%	-
Communication Services	2.7%	-
Real Estate	1.0%	-
Consumer Cyclical	1.0%	-
Basic Materials	-	-
Consumer Defensive	-	-

Return for Risk

DTEC vs. XLK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DTEC

DTEC Risk / Return Rank: 9
DTEC Sharpe Ratio Rank: 9
DTEC Sortino Ratio Rank: 9
DTEC Omega Ratio Rank: 9
DTEC Calmar Ratio Rank: 9
DTEC Martin Ratio Rank: 9

XLK

XLK Risk / Return Rank: 63
XLK Sharpe Ratio Rank: 68
XLK Sortino Ratio Rank: 60
XLK Omega Ratio Rank: 61
XLK Calmar Ratio Rank: 67
XLK Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTEC vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Disruptive Technologies ETF (DTEC) 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.

	DTEC	XLK	Difference
Sharpe ratio: Return per unit of total volatility	0.01	1.75	-1.74
Sortino ratio: Return per unit of downside risk	0.14	2.25	-2.11
Omega ratio: Gain probability vs. loss probability	1.02	1.30	-0.28
Calmar ratio: Return relative to maximum drawdown	0.01	2.68	-2.67
Martin ratio: Return relative to average drawdown	0.02	8.10	-8.08

DTEC vs. XLK - Sharpe Ratio Comparison

The current DTEC Sharpe Ratio is 0.01, which is lower than the XLK Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of DTEC and XLK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DTEC vs. XLK - Drawdown Comparison

The maximum DTEC drawdown since its inception was -42.00%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for DTEC and XLK.

Drawdown Indicators

	DTEC	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-42.00%	-82.05%	+40.05%
Max Drawdown (1Y) Largest decline over 1 year	-20.31%	-15.92%	-4.39%
Max Drawdown (3Y) Largest decline over 3 years	-21.47%	-25.66%	+4.19%
Max Drawdown (5Y) Largest decline over 5 years	-42.00%	-33.56%	-8.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.56%	—
Current Drawdown Current decline from peak	-7.60%	-8.43%	+0.83%
Average Drawdown Average peak-to-trough decline	-13.25%	-34.85%	+21.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.20%	5.25%	+3.95%

Volatility

DTEC vs. XLK - Volatility Comparison

The current volatility for ALPS Disruptive Technologies ETF (DTEC) is 5.12%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 11.01%. This indicates that DTEC 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.

Volatility by Period

	DTEC	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	11.01%	-5.89%
Volatility (6M) Calculated over the trailing 6-month period	15.19%	20.77%	-5.58%
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	24.43%	-5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.22%	25.56%	-3.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.86%	24.79%	-1.93%

DTEC vs. XLK - Expense Ratio Comparison

DTEC has a 0.50% expense ratio, which is higher than XLK's 0.08% expense ratio.

Dividends

DTEC vs. XLK - Dividend Comparison

DTEC's dividend yield for the trailing twelve months is around 0.04%, less than XLK's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTEC ALPS Disruptive Technologies ETF	0.04%	0.04%	0.45%	0.27%	0.02%	0.26%	0.37%	0.43%	0.33%	0.00%	0.00%	0.00%
XLK State Street Technology Select Sector SPDR ETF	0.44%	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

Can I hold both DTEC and XLK in my portfolio?

DTEC and XLK have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTEC or XLK?

XLK has higher volatility (11.01%) compared to DTEC (5.12%). In terms of maximum drawdown, DTEC dropped -42.00% vs XLK's -82.05%.

Which ETF is better, DTEC or XLK?

On 5-year performance, XLK leads with 19.72% vs 0.35% for DTEC. On fees, XLK is cheaper at 0.08% per year. On volatility, DTEC has been the lower-risk option at 5.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTEC or XLK?

Over the 5-year period, XLK has performed better with a 19.72% return vs 0.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTEC or XLK?

XLK is cheaper with a 0.08% expense ratio, compared with 0.50% for DTEC.

Which ETF pays a higher dividend yield, DTEC or XLK?

XLK has the higher dividend yield at 0.44%, compared with 0.04% for DTEC.

What is the main difference between DTEC and XLK?

DTEC tracks Indxx Disruptive Technologies Index, while XLK tracks S&P Technology Select Sector Daily Capped 35/20 Index. They also come from different issuers: SS&C and State Street. Their fees differ too: 0.50% for DTEC and 0.08% for XLK.

Which has better risk-adjusted returns?

XLK currently has the higher Sharpe Ratio (1.75 vs 0.01), 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.