RMT vs. XLK
Compare and contrast key facts about Royce Micro-Cap Trust, Inc. (RMT) 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: RMT or XLK.
Correlation
The correlation between RMT and XLK is 0.64, 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.
Performance
RMT vs. XLK - Performance Comparison
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Key characteristics
RMT:
0.01
XLK:
0.43
RMT:
0.23
XLK:
0.87
RMT:
1.03
XLK:
1.12
RMT:
0.04
XLK:
0.57
RMT:
0.11
XLK:
1.80
RMT:
8.62%
XLK:
8.18%
RMT:
23.64%
XLK:
30.47%
RMT:
-73.93%
XLK:
-82.05%
RMT:
-11.89%
XLK:
-3.15%
Returns By Period
In the year-to-date period, RMT achieves a -7.73% return, which is significantly lower than XLK's 0.87% return. Over the past 10 years, RMT has underperformed XLK with an annualized return of 8.35%, while XLK has yielded a comparatively higher 19.89% annualized return.
RMT
-7.73%
11.96%
-9.08%
0.22%
15.95%
8.35%
XLK
0.87%
16.97%
-0.17%
13.16%
21.26%
19.89%
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Risk-Adjusted Performance
RMT vs. XLK — Risk-Adjusted Performance Rank
RMT
XLK
RMT vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Micro-Cap Trust, Inc. (RMT) 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.
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Dividends
RMT vs. XLK - Dividend Comparison
RMT's dividend yield for the trailing twelve months is around 8.64%, more than XLK's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMT Royce Micro-Cap Trust, Inc. | 8.64% | 7.59% | 8.01% | 10.94% | 7.27% | 6.03% | 7.96% | 10.11% | 7.31% | 7.84% | 17.36% | 28.77% |
XLK Technology Select Sector SPDR Fund | 0.67% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
RMT vs. XLK - Drawdown Comparison
The maximum RMT drawdown since its inception was -73.93%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for RMT and XLK. For additional features, visit the drawdowns tool.
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Volatility
RMT vs. XLK - Volatility Comparison
The current volatility for Royce Micro-Cap Trust, Inc. (RMT) is 6.59%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 8.66%. This indicates that RMT 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.
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