PRSD vs. XLK
PRSD (State Street Short Duration IG Public & Private Credit ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - PRSD is a Short-Term Bond fund actively managed by State Street, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. PRSD is actively managed, while XLK is passively managed. At a 0.08 correlation, their price movements are largely independent. PRSD charges 0.45%/yr vs 0.08%/yr for XLK.
Performance
PRSD vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, PRSD achieves a 1.71% return, which is significantly lower than XLK's 25.74% return.
PRSD
- 1D
- 0.20%
- 1M
- 0.37%
- 6M
- 1.65%
- YTD
- 1.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLK
- 1D
- -2.71%
- 1M
- -7.86%
- 6M
- 25.45%
- YTD
- 25.74%
- 1Y
- 41.30%
- 3Y*
- 28.53%
- 5Y*
- 20.13%
- 10Y*
- 24.89%
PRSD vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PRSD State Street Short Duration IG Public & Private Credit ETF | 1.71% | 1.13% |
XLK State Street Technology Select Sector SPDR ETF | 25.74% | 8.82% |
Correlation
The correlation between PRSD and XLK is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.08 |
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Return for Risk
PRSD vs. XLK — Risk / Return Rank
PRSD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLK
PRSD vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Short Duration IG Public & Private Credit ETF (PRSD) and State Street Technology Select Sector SPDR ETF (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.
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.
| PRSD | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.72 | — |
| Martin ratioReturn relative to average drawdown | — | 8.46 | — |
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Drawdowns
PRSD vs. XLK - Drawdown Comparison
The maximum PRSD drawdown since its inception was -0.73%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for PRSD and XLK.
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Drawdown Indicators
| PRSD | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.73% | -82.05% | +81.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.92% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | -0.03% | -8.78% | +8.75% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -34.87% | +34.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.12% | — |
Volatility
PRSD vs. XLK - Volatility Comparison
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Volatility by Period
| PRSD | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.63% | 24.04% | -22.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.63% | 25.49% | -23.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.63% | 24.75% | -23.12% |
PRSD vs. XLK - Expense Ratio Comparison
PRSD has a 0.45% expense ratio, which is higher than XLK's 0.08% expense ratio.
Dividends
PRSD vs. XLK - Dividend Comparison
PRSD's dividend yield for the trailing twelve months is around 3.31%, more than XLK's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRSD State Street Short Duration IG Public & Private Credit ETF | 3.31% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.44% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
PRSD and XLK have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLK is cheaper with a 0.08% expense ratio, compared with 0.45% for PRSD.
PRSD has the higher dividend yield at 3.31%, compared with 0.44% for XLK.
PRSD is categorized as Short-Term Bond, while XLK is Technology Equities. Their fees differ too: 0.45% for PRSD and 0.08% for XLK.
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