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PSET vs. XLK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PSET and XLK is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

PSET vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Quality ETF (PSET) and Technology Select Sector SPDR Fund (XLK). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
220.56%
495.88%
PSET
XLK

Key characteristics

Sharpe Ratio

PSET:

1.36

XLK:

1.13

Sortino Ratio

PSET:

1.90

XLK:

1.58

Omega Ratio

PSET:

1.24

XLK:

1.21

Calmar Ratio

PSET:

2.08

XLK:

1.48

Martin Ratio

PSET:

7.57

XLK:

5.07

Ulcer Index

PSET:

2.77%

XLK:

4.94%

Daily Std Dev

PSET:

15.44%

XLK:

22.08%

Max Drawdown

PSET:

-34.74%

XLK:

-82.05%

Current Drawdown

PSET:

-2.73%

XLK:

-2.27%

Returns By Period

In the year-to-date period, PSET achieves a 18.70% return, which is significantly lower than XLK's 23.23% return.


PSET

YTD

18.70%

1M

0.95%

6M

5.75%

1Y

19.31%

5Y*

13.37%

10Y*

N/A

XLK

YTD

23.23%

1M

1.06%

6M

3.67%

1Y

23.50%

5Y*

22.06%

10Y*

20.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PSET vs. XLK - Expense Ratio Comparison

PSET has a 0.15% expense ratio, which is higher than XLK's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PSET
Principal Quality ETF
Expense ratio chart for PSET: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for XLK: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

PSET vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Quality ETF (PSET) 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.


Sharpe ratio
The chart of Sharpe ratio for PSET, currently valued at 1.36, compared to the broader market0.002.004.001.361.13
The chart of Sortino ratio for PSET, currently valued at 1.90, compared to the broader market-2.000.002.004.006.008.0010.001.901.58
The chart of Omega ratio for PSET, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.21
The chart of Calmar ratio for PSET, currently valued at 2.08, compared to the broader market0.005.0010.0015.002.081.48
The chart of Martin ratio for PSET, currently valued at 7.57, compared to the broader market0.0020.0040.0060.0080.00100.007.575.07
PSET
XLK

The current PSET Sharpe Ratio is 1.36, which is comparable to the XLK Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of PSET and XLK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.36
1.13
PSET
XLK

Dividends

PSET vs. XLK - Dividend Comparison

PSET's dividend yield for the trailing twelve months is around 0.69%, more than XLK's 0.48% yield.


TTM20232022202120202019201820172016201520142013
PSET
Principal Quality ETF
0.69%0.85%1.47%0.89%1.09%1.36%1.33%1.02%1.26%0.00%0.00%0.00%
XLK
Technology Select Sector SPDR Fund
0.48%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%

Drawdowns

PSET vs. XLK - Drawdown Comparison

The maximum PSET drawdown since its inception was -34.74%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for PSET and XLK. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.73%
-2.27%
PSET
XLK

Volatility

PSET vs. XLK - Volatility Comparison

The current volatility for Principal Quality ETF (PSET) is 4.15%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 5.40%. This indicates that PSET 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.15%
5.40%
PSET
XLK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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