ROGSX vs. XLK

Last updated Apr 2, 2026

Compare and contrast key facts about Red Oak Technology Select Fund (ROGSX) and State Street Technology Select Sector SPDR ETF (XLK).

ROGSX is managed by Oak Associates. It was launched on Dec 30, 1998. XLK is a passively managed fund by State Street that tracks the performance of the S&P Technology Select Sector Daily Capped 35/20 Index. It was launched on Dec 16, 1998.

Performance

ROGSX vs. XLK - Performance Comparison

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

ROGSX vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROGSX Red Oak Technology Select Fund	-7.72%	23.37%	24.87%	47.75%	-31.18%	25.16%	26.37%	34.36%	1.63%	31.10%
XLK State Street Technology Select Sector SPDR ETF	-6.18%	24.61%	21.63%	56.02%	-27.73%	34.74%	43.62%	49.86%	-1.68%	34.26%

Returns By Period

In the year-to-date period, ROGSX achieves a -7.72% return, which is significantly lower than XLK's -6.18% return. Over the past 10 years, ROGSX has underperformed XLK with an annualized return of 17.26%, while XLK has yielded a comparatively higher 21.00% annualized return.

ROGSX

• 1D: 3.66%
• 1M: -4.54%
• YTD: -7.72%
• 6M: -6.39%
• 1Y: 24.77%
• 3Y*: 22.19%
• 5Y*: 10.83%
• 10Y*: 17.26%

XLK

• 1D: 1.51%
• 1M: -3.20%
• YTD: -6.18%
• 6M: -4.94%
• 1Y: 30.47%
• 3Y*: 22.19%
• 5Y*: 15.65%
• 10Y*: 21.00%

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

ROGSX vs. XLK - Expense Ratio Comparison

ROGSX has a 0.92% expense ratio, which is higher than XLK's 0.08% expense ratio.

ROGSX

Red Oak Technology Select Fund

XLK

State Street Technology Select Sector SPDR ETF

Return for Risk

ROGSX vs. XLK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROGSX

ROGSX Risk / Return Rank: 59
ROGSX Sharpe Ratio Rank: 53
ROGSX Sortino Ratio Rank: 58
ROGSX Omega Ratio Rank: 53
ROGSX Calmar Ratio Rank: 72
ROGSX Martin Ratio Rank: 59

XLK

XLK Risk / Return Rank: 65
XLK Sharpe Ratio Rank: 62
XLK Sortino Ratio Rank: 65
XLK Omega Ratio Rank: 63
XLK Calmar Ratio Rank: 73
XLK Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROGSX vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Red Oak Technology Select Fund (ROGSX) 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.

	ROGSX	XLK	Difference
Sharpe ratio Return per unit of total volatility	1.06	1.13	-0.07
Sortino ratio Return per unit of downside risk	1.60	1.71	-0.11
Omega ratio Gain probability vs. loss probability	1.22	1.24	-0.02
Calmar ratio Return relative to maximum drawdown	1.78	1.97	-0.19
Martin ratio Return relative to average drawdown	5.95	6.31	-0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROGSX vs. XLK - Sharpe Ratio Comparison

The current ROGSX Sharpe Ratio is 1.06, which is comparable to the XLK Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of ROGSX 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.

Sharpe Ratios by Period

	ROGSX	XLK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.13	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.64	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.87	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.36	-0.11

Correlation

The correlation between ROGSX and XLK is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ROGSX vs. XLK - Dividend Comparison

ROGSX's dividend yield for the trailing twelve months is around 7.08%, more than XLK's 0.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROGSX Red Oak Technology Select Fund	7.08%	6.53%	4.38%	4.24%	5.12%	10.80%	4.52%	2.67%	5.26%	6.93%	1.49%	4.45%
XLK State Street Technology Select Sector SPDR ETF	0.57%	0.54%	0.66%	0.76%	1.04%	0.65%	0.92%	1.16%	1.60%	1.37%	1.74%	1.79%

Drawdowns

ROGSX vs. XLK - Drawdown Comparison

The maximum ROGSX drawdown since its inception was -92.96%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ROGSX and XLK.

Drawdown Indicators

	ROGSX	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-92.96%	-82.05%	-10.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	-15.92%	+1.41%
Max Drawdown (5Y) Largest decline over 5 years	-36.03%	-33.56%	-2.47%
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	-33.56%	-2.47%
Current Drawdown Current decline from peak	-11.38%	-11.04%	-0.34%
Average Drawdown Average peak-to-trough decline	-51.93%	-35.17%	-16.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	4.98%	-0.64%

Volatility

ROGSX vs. XLK - Volatility Comparison

The current volatility for Red Oak Technology Select Fund (ROGSX) is 6.83%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 8.12%. This indicates that ROGSX 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.

Volatility by Period

	ROGSX	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.83%	8.12%	-1.29%
Volatility (6M) Calculated over the trailing 6-month period	14.61%	16.49%	-1.88%
Volatility (1Y) Calculated over the trailing 1-year period	24.51%	27.05%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.86%	24.72%	-1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.38%	24.33%	-1.95%