OLP vs. XLU
OLP (One Liberty Properties, Inc.) is a stock, while XLU (State Street Utilities Select Sector SPDR ETF) is Utilities Equities fund tracking the Utilities Select Sector Index. Over the past 10 years, OLP returned 8.15%/yr vs 9.20%/yr for XLU. At a 0.30 correlation, their price movements are largely independent.
Performance
OLP vs. XLU - Performance Comparison
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Returns By Period
In the year-to-date period, OLP achieves a 23.76% return, which is significantly higher than XLU's 5.04% return. Over the past 10 years, OLP has underperformed XLU with an annualized return of 8.15%, while XLU has yielded a comparatively higher 9.20% annualized return.
OLP
- 1D
- 0.45%
- 1M
- 6.03%
- YTD
- 23.76%
- 6M
- 22.27%
- 1Y
- 5.09%
- 3Y*
- 14.39%
- 5Y*
- 4.00%
- 10Y*
- 8.15%
XLU
- 1D
- 1.09%
- 1M
- -0.31%
- YTD
- 5.04%
- 6M
- 5.48%
- 1Y
- 11.85%
- 3Y*
- 13.79%
- 5Y*
- 9.41%
- 10Y*
- 9.20%
OLP vs. XLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 23.76% | -19.58% | 33.53% | 7.57% | -32.34% | 87.10% | -18.50% | 19.44% | 0.15% | 10.90% |
XLU State Street Utilities Select Sector SPDR ETF | 5.04% | 16.03% | 23.31% | -7.18% | 1.44% | 17.70% | 0.51% | 25.93% | 3.94% | 12.05% |
Correlation
The correlation between OLP and XLU is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.30 |
The correlation between OLP and XLU shifts across timeframes, from 0.24 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
OLP vs. XLU — Risk / Return Rank
OLP
XLU
OLP vs. XLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for One Liberty Properties, Inc. (OLP) and State Street Utilities Select Sector SPDR ETF (XLU). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OLP | XLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.15 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 1.30 | -1.02 |
| Martin ratioReturn relative to average drawdown | 0.53 | 2.80 | -2.27 |
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Drawdowns
OLP vs. XLU - Drawdown Comparison
The maximum OLP drawdown since its inception was -87.45%, which is greater than XLU's maximum drawdown of -51.98%. Use the drawdown chart below to compare losses from any high point for OLP and XLU.
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Drawdown Indicators
| OLP | XLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.45% | -51.98% | -35.47% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -9.18% | -9.20% |
Max Drawdown (3Y)Largest decline over 3 years | -28.83% | -17.26% | -11.57% |
Max Drawdown (5Y)Largest decline over 5 years | -44.10% | -25.26% | -18.84% |
Max Drawdown (10Y)Largest decline over 10 years | -60.23% | -36.07% | -24.16% |
Current DrawdownCurrent decline from peak | -8.58% | -6.05% | -2.53% |
Average DrawdownAverage peak-to-trough decline | -13.41% | -10.22% | -3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.69% | 4.25% | +5.44% |
Volatility
OLP vs. XLU - Volatility Comparison
One Liberty Properties, Inc. (OLP) and State Street Utilities Select Sector SPDR ETF (XLU) have volatilities of 5.57% and 5.59%, 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.
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Volatility by Period
| OLP | XLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.57% | 5.59% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.13% | 11.68% | +0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.23% | 14.66% | +4.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 17.34% | +6.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.68% | 19.27% | +12.41% |
Dividends
OLP vs. XLU - Dividend Comparison
OLP's dividend yield for the trailing twelve months is around 7.32%, more than XLU's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLP One Liberty Properties, Inc. | 7.32% | 8.87% | 6.61% | 8.22% | 8.10% | 5.10% | 8.97% | 6.62% | 7.43% | 6.71% | 6.61% | 7.36% |
XLU State Street Utilities Select Sector SPDR ETF | 2.67% | 2.71% | 2.96% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% |
Frequently Asked Questions
OLP and XLU have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLU has higher volatility (5.59%) compared to OLP (5.57%). In terms of maximum drawdown, OLP dropped -87.45% vs XLU's -51.98%.
XLU currently has the higher Sharpe Ratio (0.81 vs 0.27), 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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