PCT.L vs. XLK
Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) 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: PCT.L or XLK.
Key characteristics
| PCT.L | XLK | |
|---|---|---|
| YTD Return | 29.67% | 23.17% |
| 1Y Return | 43.80% | 32.35% |
| 3Y Return (Ann) | 7.96% | 13.15% |
| 5Y Return (Ann) | 18.05% | 23.41% |
| 10Y Return (Ann) | 20.21% | 20.54% |
| Sharpe Ratio | 1.98 | 1.64 |
| Sortino Ratio | 2.54 | 2.18 |
| Omega Ratio | 1.34 | 1.30 |
| Calmar Ratio | 2.10 | 2.11 |
| Martin Ratio | 5.88 | 7.30 |
| Ulcer Index | 7.25% | 4.91% |
| Daily Std Dev | 21.51% | 21.69% |
| Max Drawdown | -84.10% | -82.05% |
| Current Drawdown | -2.32% | -0.66% |
Correlation
The correlation between PCT.L and XLK is 0.35, 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
PCT.L vs. XLK - Performance Comparison
In the year-to-date period, PCT.L achieves a 29.67% return, which is significantly higher than XLK's 23.17% return. Both investments have delivered pretty close results over the past 10 years, with PCT.L having a 20.21% annualized return and XLK not far ahead at 20.54%. 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
PCT.L vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.L) 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
PCT.L vs. XLK - Dividend Comparison
PCT.L has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCT.L Polar Capital Technology Trust | 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 | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
PCT.L vs. XLK - Drawdown Comparison
The maximum PCT.L drawdown since its inception was -84.10%, roughly equal to the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for PCT.L and XLK. For additional features, visit the drawdowns tool.
Volatility
PCT.L vs. XLK - Volatility Comparison
Polar Capital Technology Trust (PCT.L) has a higher volatility of 6.90% compared to Technology Select Sector SPDR Fund (XLK) at 6.32%. This indicates that PCT.L's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.