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HCP vs. XLK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HCP and XLK is 0.51, 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.

HCP vs. XLK

Last updated May 27, 2025

Compare and contrast key facts about HashiCorp, Inc. (HCP) 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: HCP or XLK.

Performance

HCP vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HashiCorp, Inc. (HCP) and Technology Select Sector SPDR Fund (XLK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

HCP

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

XLK

YTD

-2.28%

1M

8.80%

6M

-2.57%

1Y

6.13%

3Y*

20.76%

5Y*

19.64%

10Y*

19.55%

*Annualized

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HashiCorp, Inc.

Technology Select Sector SPDR Fund

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

HCP vs. XLK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HCP
The Risk-Adjusted Performance Rank of HCP is 8989
Overall Rank
The Sharpe Ratio Rank of HCP is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of HCP is 9393
Sortino Ratio Rank
The Omega Ratio Rank of HCP is 9797
Omega Ratio Rank
The Calmar Ratio Rank of HCP is 7171
Calmar Ratio Rank
The Martin Ratio Rank of HCP is 9595
Martin Ratio Rank
XLK
The Risk-Adjusted Performance Rank of XLK is 3535
Overall Rank
The Sharpe Ratio Rank of XLK is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of XLK is 3636
Sortino Ratio Rank
The Omega Ratio Rank of XLK is 3535
Omega Ratio Rank
The Calmar Ratio Rank of XLK is 3939
Calmar Ratio Rank
The Martin Ratio Rank of XLK is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HCP vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HashiCorp, Inc. (HCP) 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.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

HCP vs. XLK - Dividend Comparison

HCP has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.69%.

TTM20242023202220212020201920182017201620152014
HCP
HashiCorp, 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		0.69%0.66%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%

Drawdowns

HCP vs. XLK - Drawdown Comparison

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

HCP vs. XLK - Volatility Comparison

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