IBCP vs. XLF
Compare and contrast key facts about Independent Bank Corporation (IBCP) and Financial Select Sector SPDR Fund (XLF).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBCP or XLF.
Correlation
The correlation between IBCP and XLF is 0.44, 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
IBCP vs. XLF - Performance Comparison
Key characteristics
IBCP:
1.56
XLF:
2.47
IBCP:
2.47
XLF:
3.51
IBCP:
1.29
XLF:
1.45
IBCP:
0.60
XLF:
4.82
IBCP:
8.26
XLF:
14.26
IBCP:
6.32%
XLF:
2.51%
IBCP:
33.39%
XLF:
14.52%
IBCP:
-99.59%
XLF:
-82.43%
IBCP:
-79.79%
XLF:
-0.59%
Returns By Period
In the year-to-date period, IBCP achieves a 1.54% return, which is significantly lower than XLF's 7.18% return. Both investments have delivered pretty close results over the past 10 years, with IBCP having a 14.62% annualized return and XLF not far ahead at 14.70%.
IBCP
1.54%
2.75%
9.29%
44.90%
14.84%
14.62%
XLF
7.18%
3.13%
18.63%
32.76%
12.97%
14.70%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IBCP vs. XLF — Risk-Adjusted Performance Rank
IBCP
XLF
IBCP vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Independent Bank Corporation (IBCP) 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
IBCP vs. XLF - Dividend Comparison
IBCP's dividend yield for the trailing twelve months is around 2.79%, more than XLF's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCP Independent Bank Corporation | 2.79% | 2.76% | 3.54% | 3.68% | 3.52% | 4.33% | 3.18% | 2.85% | 1.88% | 1.57% | 1.71% | 1.38% |
XLF Financial Select Sector SPDR Fund | 1.33% | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 2.40% | 1.98% |
Drawdowns
IBCP vs. XLF - Drawdown Comparison
The maximum IBCP drawdown since its inception was -99.59%, which is greater than XLF's maximum drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for IBCP and XLF. For additional features, visit the drawdowns tool.
Volatility
IBCP vs. XLF - Volatility Comparison
Independent Bank Corporation (IBCP) has a higher volatility of 7.64% compared to Financial Select Sector SPDR Fund (XLF) at 2.82%. This indicates that IBCP'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.