SNA vs. XLI
SNA (Snap-on Incorporated) is a stock, while XLI (Industrial Select Sector SPDR Fund) is Industrials Equities fund tracking the Industrial Select Sector Index. Over the past 10 years, SNA returned 12.61%/yr vs 14.55%/yr for XLI. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
SNA vs. XLI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNA achieves a 13.45% return, which is significantly lower than XLI's 15.45% return. Over the past 10 years, SNA has underperformed XLI with an annualized return of 12.61%, while XLI has yielded a comparatively higher 14.55% annualized return.
SNA
- 1D
- -1.24%
- 1M
- 5.24%
- YTD
- 13.45%
- 6M
- 11.06%
- 1Y
- 28.59%
- 3Y*
- 15.14%
- 5Y*
- 14.72%
- 10Y*
- 12.61%
XLI
- 1D
- -2.01%
- 1M
- 3.97%
- YTD
- 15.45%
- 6M
- 14.08%
- 1Y
- 25.43%
- 3Y*
- 21.67%
- 5Y*
- 13.47%
- 10Y*
- 14.55%
SNA vs. XLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNA Snap-on Incorporated | 13.45% | 4.28% | 20.67% | 29.70% | 8.91% | 28.83% | 4.03% | 19.54% | -14.86% | 3.64% |
XLI Industrial Select Sector SPDR Fund | 15.45% | 19.35% | 17.31% | 18.13% | -5.57% | 21.08% | 10.91% | 29.08% | -13.25% | 23.98% |
Correlation
The correlation between SNA and XLI is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.68 |
The correlation between SNA and XLI has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SNA vs. XLI — Risk / Return Rank
SNA
XLI
SNA vs. XLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap-on Incorporated (SNA) and Industrial Select Sector SPDR Fund (XLI). 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.
| SNA | XLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.27 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 2.09 | +1.30 |
| Martin ratioReturn relative to average drawdown | 8.69 | 8.24 | +0.45 |
Loading charts...
Drawdowns
SNA vs. XLI - Drawdown Comparison
The maximum SNA drawdown since its inception was -65.76%, which is greater than XLI's maximum drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for SNA and XLI.
Loading charts...
Drawdown Indicators
| SNA | XLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -62.26% | -3.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -12.21% | +3.74% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -18.49% | -2.28% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -21.64% | +0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -47.38% | -42.33% | -5.05% |
Current DrawdownCurrent decline from peak | -1.24% | -2.01% | +0.77% |
Average DrawdownAverage peak-to-trough decline | -13.86% | -9.19% | -4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 3.09% | +0.21% |
Volatility
SNA vs. XLI - Volatility Comparison
The current volatility for Snap-on Incorporated (SNA) is 5.65%, while Industrial Select Sector SPDR Fund (XLI) has a volatility of 6.25%. This indicates that SNA experiences smaller price fluctuations and is considered to be less risky than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNA | XLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 6.25% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 13.67% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.29% | 16.33% | +4.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.77% | 17.55% | +6.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.18% | 20.02% | +7.16% |
Dividends
SNA vs. XLI - Dividend Comparison
SNA's dividend yield for the trailing twelve months is around 2.45%, more than XLI's 1.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNA Snap-on Incorporated | 2.45% | 2.57% | 2.27% | 2.33% | 2.57% | 2.37% | 2.61% | 2.32% | 2.35% | 1.69% | 1.48% | 1.28% |
XLI Industrial Select Sector SPDR Fund | 1.16% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
Frequently Asked Questions
SNA and XLI have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLI has higher volatility (6.25%) compared to SNA (5.65%). In terms of maximum drawdown, SNA dropped -65.76% vs XLI's -62.26%.
XLI currently has the higher Sharpe Ratio (1.57 vs 1.35), 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.
Find the right allocation for SNA and XLI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer