SNA vs. XLK
Compare and contrast key facts about Snap-on Incorporated (SNA) 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: SNA or XLK.
Correlation
The correlation between SNA and XLK is 0.50, 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
SNA vs. XLK - Performance Comparison
Key characteristics
SNA:
1.01
XLK:
1.13
SNA:
1.50
XLK:
1.58
SNA:
1.23
XLK:
1.21
SNA:
1.80
XLK:
1.48
SNA:
4.11
XLK:
5.07
SNA:
5.89%
XLK:
4.94%
SNA:
23.88%
XLK:
22.08%
SNA:
-65.76%
XLK:
-82.05%
SNA:
-7.46%
XLK:
-2.27%
Returns By Period
The year-to-date returns for both investments are quite close, with SNA having a 22.16% return and XLK slightly higher at 23.23%. Over the past 10 years, SNA has underperformed XLK with an annualized return of 11.99%, while XLK has yielded a comparatively higher 20.32% annualized return.
SNA
22.16%
-4.91%
30.48%
22.45%
18.25%
11.99%
XLK
23.23%
1.06%
3.67%
23.50%
22.06%
20.32%
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Risk-Adjusted Performance
SNA vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap-on Incorporated (SNA) 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
SNA vs. XLK - Dividend Comparison
SNA's dividend yield for the trailing twelve months is around 2.25%, more than XLK's 0.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNA Snap-on Incorporated | 2.25% | 2.33% | 2.57% | 2.37% | 2.61% | 2.32% | 2.35% | 1.69% | 1.48% | 1.28% | 1.35% | 1.44% |
XLK Technology Select Sector SPDR Fund | 0.48% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
SNA vs. XLK - Drawdown Comparison
The maximum SNA drawdown since its inception was -65.76%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for SNA and XLK. For additional features, visit the drawdowns tool.
Volatility
SNA vs. XLK - Volatility Comparison
The current volatility for Snap-on Incorporated (SNA) is 4.91%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 5.40%. This indicates that SNA 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.