GCO vs. XLK
Compare and contrast key facts about Genesco Inc. (GCO) and Technology Select Sector SPDR Fund (XLK).
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: GCO or XLK.
Key characteristics
| GCO | XLK | |
|---|---|---|
| YTD Return | -23.37% | 10.86% |
| 1Y Return | -13.28% | 40.96% |
| 3Y Return (Ann) | -22.37% | 17.16% |
| 5Y Return (Ann) | -9.82% | 24.40% |
| 10Y Return (Ann) | -9.85% | 20.87% |
| Sharpe Ratio | -0.14 | 2.29 |
| Daily Std Dev | 68.29% | 17.99% |
| Max Drawdown | -90.10% | -82.05% |
| Current Drawdown | -69.77% | 0.00% |
Correlation
The correlation between GCO and XLK is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GCO vs. XLK - Performance Comparison
In the year-to-date period, GCO achieves a -23.37% return, which is significantly lower than XLK's 10.86% return. Over the past 10 years, GCO has underperformed XLK with an annualized return of -9.85%, while XLK has yielded a comparatively higher 20.87% annualized 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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Risk-Adjusted Performance
GCO vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genesco Inc. (GCO) 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
GCO vs. XLK - Dividend Comparison
GCO has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCO Genesco Inc. | 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 | 0.70% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
GCO vs. XLK - Drawdown Comparison
The maximum GCO drawdown since its inception was -90.10%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for GCO and XLK. For additional features, visit the drawdowns tool.
Volatility
GCO vs. XLK - Volatility Comparison
Genesco Inc. (GCO) has a higher volatility of 9.37% compared to Technology Select Sector SPDR Fund (XLK) at 5.73%. This indicates that GCO'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.