ETILX vs. XLK
Compare and contrast key facts about Eventide Gilead Class I (ETILX) and Technology Select Sector SPDR Fund (XLK).
ETILX is managed by Eventide Funds. XLK is a passively managed fund by State Street that tracks the performance of the Technology 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: ETILX or XLK.
Key characteristics
| ETILX | XLK | |
|---|---|---|
| YTD Return | 1.49% | 22.48% |
| 1Y Return | 15.37% | 29.63% |
| 3Y Return (Ann) | -11.53% | 12.94% |
| 5Y Return (Ann) | 5.27% | 23.08% |
| 10Y Return (Ann) | 7.70% | 20.48% |
| Sharpe Ratio | 0.82 | 1.38 |
| Sortino Ratio | 1.24 | 1.88 |
| Omega Ratio | 1.15 | 1.25 |
| Calmar Ratio | 0.35 | 1.76 |
| Martin Ratio | 2.53 | 6.07 |
| Ulcer Index | 5.81% | 4.91% |
| Daily Std Dev | 18.02% | 21.56% |
| Max Drawdown | -46.69% | -82.05% |
| Current Drawdown | -31.83% | -1.22% |
Correlation
The correlation between ETILX and XLK is 0.76, 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
ETILX vs. XLK - Performance Comparison
In the year-to-date period, ETILX achieves a 1.49% return, which is significantly lower than XLK's 22.48% return. Over the past 10 years, ETILX has underperformed XLK with an annualized return of 7.70%, while XLK has yielded a comparatively higher 20.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETILX vs. XLK - Expense Ratio Comparison
ETILX has a 1.11% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
ETILX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Gilead Class I (ETILX) and Technology Select Sector SPDR Fund (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.
Dividends
ETILX vs. XLK - Dividend Comparison
ETILX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETILX Eventide Gilead Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.67% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
ETILX vs. XLK - Drawdown Comparison
The maximum ETILX drawdown since its inception was -46.69%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ETILX and XLK. For additional features, visit the drawdowns tool.
Volatility
ETILX vs. XLK - Volatility Comparison
The current volatility for Eventide Gilead Class I (ETILX) is 4.84%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 5.76%. This indicates that ETILX 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.