IXP vs. XLC
Compare and contrast key facts about iShares Global Comm Services ETF (IXP) and Communication Services Select Sector SPDR Fund (XLC).
IXP and XLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXP is a passively managed fund by iShares that tracks the performance of the S&P Global 1200 Communication Services 4.5/22.5/45 Capped. It was launched on Nov 12, 2001. XLC is a passively managed fund by State Street that tracks the performance of the S&P Communication Services Select Sector Index. It was launched on Jun 18, 2018. Both IXP and XLC 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: IXP or XLC.
Performance
IXP vs. XLC - Performance Comparison
Returns By Period
In the year-to-date period, IXP achieves a 28.51% return, which is significantly lower than XLC's 34.75% return.
IXP
28.51%
1.71%
11.61%
30.85%
11.25%
6.67%
XLC
34.75%
6.69%
19.22%
37.85%
14.35%
N/A
Key characteristics
| IXP | XLC | |
|---|---|---|
| Sharpe Ratio | 2.18 | 2.60 |
| Sortino Ratio | 3.00 | 3.45 |
| Omega Ratio | 1.39 | 1.46 |
| Calmar Ratio | 1.71 | 2.10 |
| Martin Ratio | 13.65 | 21.24 |
| Ulcer Index | 2.34% | 1.84% |
| Daily Std Dev | 14.65% | 15.02% |
| Max Drawdown | -50.13% | -46.66% |
| Current Drawdown | -2.14% | -0.26% |
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IXP vs. XLC - Expense Ratio Comparison
IXP has a 0.43% expense ratio, which is higher than XLC's 0.13% expense ratio.
Correlation
The correlation between IXP and XLC is 0.93, 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.
Risk-Adjusted Performance
IXP vs. XLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Comm Services ETF (IXP) and Communication Services Select Sector SPDR Fund (XLC). 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
IXP vs. XLC - Dividend Comparison
IXP's dividend yield for the trailing twelve months is around 0.96%, more than XLC's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXP iShares Global Comm Services ETF | 0.96% | 1.24% | 1.43% | 1.80% | 0.95% | 2.18% | 4.32% | 3.40% | 4.02% | 3.89% | 12.39% | 3.40% |
XLC Communication Services Select Sector SPDR Fund | 0.91% | 0.82% | 1.11% | 0.74% | 0.68% | 0.81% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IXP vs. XLC - Drawdown Comparison
The maximum IXP drawdown since its inception was -50.13%, which is greater than XLC's maximum drawdown of -46.66%. Use the drawdown chart below to compare losses from any high point for IXP and XLC. For additional features, visit the drawdowns tool.
Volatility
IXP vs. XLC - Volatility Comparison
iShares Global Comm Services ETF (IXP) and Communication Services Select Sector SPDR Fund (XLC) have volatilities of 3.98% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.