FINX vs. XLF
Compare and contrast key facts about Global X FinTech ETF (FINX) and Financial Select Sector SPDR Fund (XLF).
FINX and XLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FINX is a passively managed fund by Global X that tracks the performance of the Indxx Global FinTech Thematic Index. It was launched on Sep 12, 2016. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both FINX and XLF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FINX or XLF.
Key characteristics
| FINX | XLF | |
|---|---|---|
| YTD Return | 27.28% | 33.88% |
| 1Y Return | 56.64% | 46.63% |
| 3Y Return (Ann) | -12.27% | 9.46% |
| 5Y Return (Ann) | 2.91% | 13.10% |
| Sharpe Ratio | 2.71 | 3.57 |
| Sortino Ratio | 3.54 | 4.98 |
| Omega Ratio | 1.43 | 1.65 |
| Calmar Ratio | 1.07 | 3.59 |
| Martin Ratio | 10.99 | 25.61 |
| Ulcer Index | 5.69% | 1.93% |
| Daily Std Dev | 23.12% | 13.86% |
| Max Drawdown | -63.53% | -82.69% |
| Current Drawdown | -34.74% | -0.24% |
Correlation
The correlation between FINX and XLF is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FINX vs. XLF - Performance Comparison
In the year-to-date period, FINX achieves a 27.28% return, which is significantly lower than XLF's 33.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FINX vs. XLF - Expense Ratio Comparison
FINX has a 0.68% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
FINX vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) and Financial Select Sector SPDR Fund (XLF). 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
FINX vs. XLF - Dividend Comparison
FINX's dividend yield for the trailing twelve months is around 0.18%, less than XLF's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FINX Global X FinTech ETF | 0.18% | 0.21% | 0.27% | 5.40% | 0.00% | 0.00% | 0.18% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.34% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
FINX vs. XLF - Drawdown Comparison
The maximum FINX drawdown since its inception was -63.53%, smaller than the maximum XLF drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for FINX and XLF. For additional features, visit the drawdowns tool.
Volatility
FINX vs. XLF - Volatility Comparison
Global X FinTech ETF (FINX) has a higher volatility of 7.67% compared to Financial Select Sector SPDR Fund (XLF) at 7.09%. This indicates that FINX's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.