NVR vs. XLK
Compare and contrast key facts about NVR, Inc. (NVR) 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: NVR or XLK.
Key characteristics
| NVR | XLK | |
|---|---|---|
| YTD Return | 8.37% | 5.41% |
| 1Y Return | 30.77% | 38.40% |
| 3Y Return (Ann) | 14.14% | 14.97% |
| 5Y Return (Ann) | 18.35% | 22.00% |
| 10Y Return (Ann) | 21.51% | 20.43% |
| Sharpe Ratio | 1.22 | 2.09 |
| Daily Std Dev | 23.53% | 18.05% |
| Max Drawdown | -99.20% | -82.05% |
| Current Drawdown | -6.34% | -3.86% |
Correlation
The correlation between NVR and XLK is 0.38, 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
NVR vs. XLK - Performance Comparison
In the year-to-date period, NVR achieves a 8.37% return, which is significantly higher than XLK's 5.41% return. Over the past 10 years, NVR has outperformed XLK with an annualized return of 21.51%, while XLK has yielded a comparatively lower 20.43% 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
NVR vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NVR, Inc. (NVR) 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
NVR vs. XLK - Dividend Comparison
NVR has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVR NVR, 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 | 0.73% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
NVR vs. XLK - Drawdown Comparison
The maximum NVR drawdown since its inception was -99.20%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for NVR and XLK. For additional features, visit the drawdowns tool.
Volatility
NVR vs. XLK - Volatility Comparison
The current volatility for NVR, Inc. (NVR) is 6.12%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.59%. This indicates that NVR experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.