ETIEX vs. XLK
Compare and contrast key facts about Eventide Exponential Technologies Fund (ETIEX) and State Street Technology Select Sector SPDR ETF (XLK).
ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020. XLK is a passively managed fund by State Street that tracks the performance of the S&P Technology Select Sector Daily Capped 35/20 Index. It was launched on Dec 16, 1998.
Performance
ETIEX vs. XLK - Performance Comparison
Loading graphics...
ETIEX vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ETIEX Eventide Exponential Technologies Fund | -11.63% | 8.94% | 2.52% | 31.96% | -44.98% | 15.57% | 58.17% |
XLK State Street Technology Select Sector SPDR ETF | -6.18% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 25.00% |
Returns By Period
In the year-to-date period, ETIEX achieves a -11.63% return, which is significantly lower than XLK's -6.18% return.
ETIEX
- 1D
- 4.79%
- 1M
- -8.43%
- YTD
- -11.63%
- 6M
- -10.77%
- 1Y
- 9.40%
- 3Y*
- 5.35%
- 5Y*
- -5.42%
- 10Y*
- —
XLK
- 1D
- 1.51%
- 1M
- -3.20%
- YTD
- -6.18%
- 6M
- -4.94%
- 1Y
- 30.47%
- 3Y*
- 22.19%
- 5Y*
- 15.65%
- 10Y*
- 21.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETIEX vs. XLK - Expense Ratio Comparison
ETIEX has a 1.43% expense ratio, which is higher than XLK's 0.08% expense ratio.
Return for Risk
ETIEX vs. XLK — Risk / Return Rank
ETIEX
XLK
ETIEX vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Exponential Technologies Fund (ETIEX) 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.
| ETIEX | XLK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.36 | 1.13 | -0.77 |
Sortino ratioReturn per unit of downside risk | 0.71 | 1.71 | -1.00 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.24 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.47 | 1.97 | -1.50 |
Martin ratioReturn relative to average drawdown | 1.57 | 6.31 | -4.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ETIEX | XLK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 1.13 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.64 | -0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.36 | -0.22 |
Correlation
The correlation between ETIEX and XLK is 0.77, 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.
Dividends
ETIEX vs. XLK - Dividend Comparison
ETIEX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.57%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETIEX Eventide Exponential Technologies Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.26% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.57% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Drawdowns
ETIEX vs. XLK - Drawdown Comparison
The maximum ETIEX drawdown since its inception was -53.83%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ETIEX and XLK.
Loading graphics...
Drawdown Indicators
| ETIEX | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.83% | -82.05% | +28.22% |
Max Drawdown (1Y)Largest decline over 1 year | -19.88% | -15.92% | -3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -53.83% | -33.56% | -20.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | -37.21% | -11.04% | -26.17% |
Average DrawdownAverage peak-to-trough decline | -30.22% | -35.17% | +4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.00% | 4.98% | +1.02% |
Volatility
ETIEX vs. XLK - Volatility Comparison
Eventide Exponential Technologies Fund (ETIEX) has a higher volatility of 10.46% compared to State Street Technology Select Sector SPDR ETF (XLK) at 8.12%. This indicates that ETIEX's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETIEX | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.46% | 8.12% | +2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 19.83% | 16.49% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.37% | 27.05% | +2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.08% | 24.72% | +8.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.68% | 24.33% | +9.35% |