PERI vs. XLC
PERI (Perion Network Ltd.) is a stock, while XLC (Communication Services Select Sector SPDR Fund) is Communications Equities fund tracking the S&P Communication Services Select Sector Index. Over the past 5 years, PERI returned -11.22%/yr vs 7.96%/yr for XLC. At a 0.43 correlation, their price movements are largely independent.
Performance
PERI vs. XLC - Performance Comparison
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Returns By Period
In the year-to-date period, PERI achieves a 0.84% return, which is significantly higher than XLC's -3.75% return.
PERI
- 1D
- 0.73%
- 1M
- 11.94%
- 6M
- 0.73%
- YTD
- 0.84%
- 1Y
- -12.97%
- 3Y*
- -35.08%
- 5Y*
- -11.22%
- 10Y*
- 10.75%
XLC
- 1D
- -0.64%
- 1M
- 0.55%
- 6M
- -2.50%
- YTD
- -3.75%
- 1Y
- 7.30%
- 3Y*
- 20.31%
- 5Y*
- 7.96%
- 10Y*
- —
PERI vs. XLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PERI Perion Network Ltd. | 0.84% | 13.11% | -72.56% | 22.02% | 5.20% | 88.92% | 104.66% | 139.23% | -25.93% |
XLC Communication Services Select Sector SPDR Fund | -3.75% | 23.08% | 34.71% | 52.82% | -37.63% | 15.96% | 26.90% | 31.05% | -16.45% |
Correlation
The correlation between PERI and XLC is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2018 | 0.43 |
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Return for Risk
PERI vs. XLC — Risk / Return Rank
PERI
XLC
PERI vs. XLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Perion Network Ltd. (PERI) 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.
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.
| PERI | XLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.10 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 0.63 | -1.03 |
| Martin ratioReturn relative to average drawdown | -0.73 | 1.77 | -2.49 |
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Drawdowns
PERI vs. XLC - Drawdown Comparison
The maximum PERI drawdown since its inception was -95.14%, which is greater than XLC's maximum drawdown of -46.65%. Use the drawdown chart below to compare losses from any high point for PERI and XLC.
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Drawdown Indicators
| PERI | XLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.14% | -46.65% | -48.49% |
Max Drawdown (1Y)Largest decline over 1 year | -32.55% | -11.57% | -20.98% |
Max Drawdown (3Y)Largest decline over 3 years | -80.65% | -17.97% | -62.68% |
Max Drawdown (5Y)Largest decline over 5 years | -83.08% | -46.65% | -36.43% |
Max Drawdown (10Y)Largest decline over 10 years | -83.08% | — | — |
Current DrawdownCurrent decline from peak | -78.10% | -5.64% | -72.46% |
Average DrawdownAverage peak-to-trough decline | -56.86% | -10.55% | -46.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.91% | 4.14% | +13.77% |
Volatility
PERI vs. XLC - Volatility Comparison
Perion Network Ltd. (PERI) has a higher volatility of 9.34% compared to Communication Services Select Sector SPDR Fund (XLC) at 5.73%. This indicates that PERI's price experiences larger fluctuations and is considered to be riskier than XLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PERI | XLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.34% | 5.73% | +3.61% |
Volatility (6M)Calculated over the trailing 6-month period | 30.06% | 10.99% | +19.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.62% | 13.83% | +24.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.74% | 20.79% | +31.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.61% | 22.14% | +36.47% |
Dividends
PERI vs. XLC - Dividend Comparison
PERI has not paid dividends to shareholders, while XLC's dividend yield for the trailing twelve months is around 1.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PERI Perion Network Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLC Communication Services Select Sector SPDR Fund | 1.27% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% |
Frequently Asked Questions
PERI and XLC have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PERI has higher volatility (9.34%) compared to XLC (5.73%). In terms of maximum drawdown, PERI dropped -95.14% vs XLC's -46.65%.
XLC currently has the higher Sharpe Ratio (0.53 vs -0.34), 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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