JOE vs. XLI
JOE (The St. Joe Company) is a stock, while XLI (Industrial Select Sector SPDR Fund) is Industrials Equities fund tracking the Industrial Select Sector Index. Over the past 10 years, JOE returned 14.65%/yr vs 13.99%/yr for XLI. At a 0.48 correlation, their price movements are largely independent.
Performance
JOE vs. XLI - Performance Comparison
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Returns By Period
In the year-to-date period, JOE achieves a 8.88% return, which is significantly lower than XLI's 12.52% return. Both investments have delivered pretty close results over the past 10 years, with JOE having a 14.65% annualized return and XLI not far behind at 13.99%.
JOE
- 1D
- 1.43%
- 1M
- -1.06%
- YTD
- 8.88%
- 6M
- 4.60%
- 1Y
- 45.50%
- 3Y*
- 12.76%
- 5Y*
- 7.44%
- 10Y*
- 14.65%
XLI
- 1D
- -0.08%
- 1M
- 1.80%
- YTD
- 12.52%
- 6M
- 13.57%
- 1Y
- 22.72%
- 3Y*
- 21.72%
- 5Y*
- 12.26%
- 10Y*
- 13.99%
JOE vs. XLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JOE The St. Joe Company | 8.88% | 33.68% | -24.64% | 57.12% | -25.07% | 23.45% | 114.56% | 50.57% | -27.04% | -5.00% |
XLI Industrial Select Sector SPDR Fund | 12.52% | 19.35% | 17.31% | 18.13% | -5.57% | 21.08% | 10.91% | 29.08% | -13.25% | 23.98% |
Correlation
The correlation between JOE and XLI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 1998 | 0.48 |
The correlation between JOE and XLI shifts across timeframes, from 0.40 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JOE vs. XLI — Risk / Return Rank
JOE
XLI
JOE vs. XLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The St. Joe Company (JOE) and Industrial Select Sector SPDR Fund (XLI). 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.
| JOE | XLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 1.87 | +0.83 |
| Martin ratioReturn relative to average drawdown | 7.80 | 7.41 | +0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JOE | XLI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.49 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.71 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.70 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.45 | -0.36 |
Drawdowns
JOE vs. XLI - Drawdown Comparison
The maximum JOE drawdown since its inception was -84.33%, which is greater than XLI's maximum drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for JOE and XLI.
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Drawdown Indicators
| JOE | XLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.33% | -62.26% | -22.07% |
Max Drawdown (1Y)Largest decline over 1 year | -16.94% | -12.21% | -4.73% |
Max Drawdown (3Y)Largest decline over 3 years | -35.71% | -18.49% | -17.22% |
Max Drawdown (5Y)Largest decline over 5 years | -48.43% | -21.64% | -26.79% |
Max Drawdown (10Y)Largest decline over 10 years | -48.43% | -42.33% | -6.10% |
Current DrawdownCurrent decline from peak | -17.68% | -2.44% | -15.24% |
Average DrawdownAverage peak-to-trough decline | -51.31% | -9.21% | -42.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.85% | 3.07% | +2.78% |
Volatility
JOE vs. XLI - Volatility Comparison
The St. Joe Company (JOE) has a higher volatility of 5.80% compared to Industrial Select Sector SPDR Fund (XLI) at 4.80%. This indicates that JOE's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOE | XLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 4.80% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 12.79% | +8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.91% | 15.38% | +15.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.39% | 17.42% | +14.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.46% | 19.98% | +12.48% |
Dividends
JOE vs. XLI - Dividend Comparison
JOE's dividend yield for the trailing twelve months is around 0.93%, less than XLI's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JOE The St. Joe Company | 0.93% | 0.98% | 1.16% | 0.73% | 1.03% | 0.61% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLI Industrial Select Sector SPDR Fund | 1.18% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
Frequently Asked Questions
JOE and XLI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JOE has higher volatility (5.80%) compared to XLI (4.80%). In terms of maximum drawdown, JOE dropped -84.33% vs XLI's -62.26%.
XLI currently has the higher Sharpe Ratio (1.49 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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