RELIANCE.BO vs. XLK
Compare and contrast key facts about Reliance Industries Limited (RELIANCE.BO) 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: RELIANCE.BO or XLK.
Key characteristics
| RELIANCE.BO | XLK | |
|---|---|---|
| YTD Return | -1.16% | 23.33% |
| 1Y Return | 10.39% | 33.30% |
| 3Y Return (Ann) | 2.92% | 13.18% |
| 5Y Return (Ann) | 14.71% | 23.47% |
| 10Y Return (Ann) | 20.45% | 20.55% |
| Sharpe Ratio | 0.46 | 1.50 |
| Sortino Ratio | 0.79 | 2.02 |
| Omega Ratio | 1.11 | 1.27 |
| Calmar Ratio | 0.50 | 1.92 |
| Martin Ratio | 1.52 | 6.63 |
| Ulcer Index | 6.66% | 4.91% |
| Daily Std Dev | 22.13% | 21.65% |
| Max Drawdown | -68.27% | -82.05% |
| Current Drawdown | -20.21% | -0.53% |
Correlation
The correlation between RELIANCE.BO and XLK is 0.15, 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
RELIANCE.BO vs. XLK - Performance Comparison
In the year-to-date period, RELIANCE.BO achieves a -1.16% return, which is significantly lower than XLK's 23.33% return. Both investments have delivered pretty close results over the past 10 years, with RELIANCE.BO having a 20.45% annualized return and XLK not far ahead at 20.55%. 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
RELIANCE.BO vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Reliance Industries Limited (RELIANCE.BO) 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
RELIANCE.BO vs. XLK - Dividend Comparison
RELIANCE.BO's dividend yield for the trailing twelve months is around 0.39%, less than XLK's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RELIANCE.BO Reliance Industries Limited | 0.39% | 0.35% | 0.31% | 0.30% | 0.33% | 0.43% | 0.54% | 0.60% | 0.97% | 0.99% | 1.07% | 1.01% |
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
RELIANCE.BO vs. XLK - Drawdown Comparison
The maximum RELIANCE.BO drawdown since its inception was -68.27%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for RELIANCE.BO and XLK. For additional features, visit the drawdowns tool.
Volatility
RELIANCE.BO vs. XLK - Volatility Comparison
The current volatility for Reliance Industries Limited (RELIANCE.BO) is 5.12%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.20%. This indicates that RELIANCE.BO 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.