RH vs. XLK

Last updated Aug 1, 2026

RH (RH) is a stock, while XLK (State Street Technology Select Sector SPDR ETF) is Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Over the past 10 years, RH returned 19.13%/yr vs 23.77%/yr for XLK. Their 0.39 correlation means their historical movements had little consistent relationship.

Performance

RH vs. XLK - Performance Comparison

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

Returns By Period

In the year-to-date period, RH achieves a -7.61% return, which is significantly lower than XLK's 22.09% return. Over the past 10 years, RH has underperformed XLK with an annualized return of 19.13%, while XLK has yielded a comparatively higher 23.77% annualized return.

RH

• 1D: -0.42%
• 1M: -2.11%
• 6M: -16.75%
• YTD: -7.61%
• 1Y: -17.55%
• 3Y*: -24.87%
• 5Y*: -24.26%
• 10Y*: 19.13%
• ALL TIME*: 12.69%

XLK

• 1D: -0.22%
• 1M: -2.90%
• 6M: 22.17%
• YTD: 22.09%
• 1Y: 37.14%
• 3Y*: 26.04%
• 5Y*: 18.87%
• 10Y*: 23.77%
• ALL TIME*: 10.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RH RH	$121.46M	$130.86M	$136.75M
XLK State Street Technology Select Sector SPDR ETF	$1.61B	$1.67B	$2.22B

RH vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RH RH	-7.61%	-54.48%	35.03%	9.09%	-50.15%	19.76%	109.61%	78.18%	38.99%	180.81%
XLK State Street Technology Select Sector SPDR ETF	22.09%	24.61%	21.63%	56.02%	-27.73%	34.74%	43.62%	49.86%	-1.68%	34.26%

Correlation

The correlation between RH and XLK is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (3Y) Balances recent behavior with more history.	0.36
Correlation (5Y) Shows whether the relationship held over a longer period.	0.45
Correlation (10Y) Provides a long-term view across more market conditions.	0.40
Correlation (All Time) Calculated using the full available price history since Nov 2, 2012	0.39

The correlation between RH and XLK shifts across timeframes, from 0.25 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RH vs. XLK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RH

RH Risk / Return Rank: 32
RH Sharpe Ratio Rank: 30
RH Sortino Ratio Rank: 31
RH Omega Ratio Rank: 31
RH Calmar Ratio Rank: 32
RH Martin Ratio Rank: 33

XLK

XLK Risk / Return Rank: 55
XLK Sharpe Ratio Rank: 57
XLK Sortino Ratio Rank: 53
XLK Omega Ratio Rank: 52
XLK Calmar Ratio Rank: 62
XLK Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RH vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RH (RH) 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.

	RH	XLK	Difference
Sharpe ratio: Return per unit of total volatility	-0.32	1.34	-1.66
Sortino ratio: Return per unit of downside risk	-0.06	1.85	-1.91
Omega ratio: Gain probability vs. loss probability	0.99	1.23	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.36	2.16	-2.51
Martin ratio: Return relative to average drawdown	-0.59	5.85	-6.44

RH vs. XLK - Sharpe Ratio Comparison

The current RH Sharpe Ratio is -0.32, which is lower than the XLK Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of RH and XLK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RH vs. XLK - Drawdown Comparison

The maximum RH drawdown since its inception was -84.72%, roughly equal to the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for RH and XLK.

Drawdown Indicators

	RH	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-84.72%	-82.05%	-2.67%
Max Drawdown (1Y) Largest decline over 1 year	-55.04%	-15.92%	-39.12%
Max Drawdown (3Y) Largest decline over 3 years	-75.17%	-25.66%	-49.51%
Max Drawdown (5Y) Largest decline over 5 years	-84.72%	-33.56%	-51.16%
Max Drawdown (10Y) Largest decline over 10 years	-84.72%	-33.56%	-51.16%
Current Drawdown Current decline from peak	-77.59%	-11.43%	-66.16%
Average Drawdown Average peak-to-trough decline	-35.46%	-34.80%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.23%	5.86%	+27.37%

Volatility

RH vs. XLK - Volatility Comparison

RH (RH) has a higher volatility of 17.32% compared to State Street Technology Select Sector SPDR ETF (XLK) at 9.58%. This indicates that RH'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.

Volatility by Period

	RH	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.32%	9.58%	+7.74%
Volatility (6M) Calculated over the trailing 6-month period	47.86%	21.81%	+26.05%
Volatility (1Y) Calculated over the trailing 1-year period	62.02%	25.59%	+36.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.12%	25.75%	+36.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.08%	24.90%	+39.18%

Dividends

RH vs. XLK - Dividend Comparison

RH has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RH RH	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 State Street Technology Select Sector SPDR ETF	0.45%	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

Can I hold both RH and XLK in my portfolio?

RH and XLK have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RH or XLK?

RH has higher volatility (17.32%) compared to XLK (9.58%). In terms of maximum drawdown, RH dropped -84.72% vs XLK's -82.05%.

Which has better risk-adjusted returns?

XLK currently has the higher Sharpe Ratio (1.34 vs -0.32), 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.