STOT vs. XLK
STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - STOT is a Short-Term Bond fund tracking the Bloomberg U.S. Aggregate 1-3 Year Index, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Both are passively managed. Over the past 10 years, STOT returned 2.38%/yr vs 24.50%/yr for XLK. At a 0.04 correlation, their price movements are largely independent. STOT charges 0.45%/yr vs 0.08%/yr for XLK.
Performance
STOT vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, STOT achieves a 1.16% return, which is significantly lower than XLK's 26.22% return. Over the past 10 years, STOT has underperformed XLK with an annualized return of 2.38%, while XLK has yielded a comparatively higher 24.50% annualized return.
STOT
- 1D
- -0.09%
- 1M
- 0.05%
- 6M
- 1.10%
- YTD
- 1.16%
- 1Y
- 3.78%
- 3Y*
- 5.12%
- 5Y*
- 2.80%
- 10Y*
- 2.38%
XLK
- 1D
- -2.42%
- 1M
- -1.79%
- 6M
- 23.80%
- YTD
- 26.22%
- 1Y
- 42.45%
- 3Y*
- 28.08%
- 5Y*
- 19.72%
- 10Y*
- 24.50%
STOT vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 1.16% | 5.56% | 5.26% | 6.39% | -3.75% | 0.27% | 2.43% | 4.40% | 0.95% | 1.71% |
XLK State Street Technology Select Sector SPDR ETF | 26.22% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
Correlation
The correlation between STOT and XLK is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2016 | 0.04 |
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Return for Risk
STOT vs. XLK — Risk / Return Rank
STOT
XLK
STOT vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) 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.
| STOT | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.30 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.97 | 2.68 | +2.29 |
| Martin ratioReturn relative to average drawdown | 21.48 | 8.10 | +13.38 |
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Drawdowns
STOT vs. XLK - Drawdown Comparison
The maximum STOT drawdown since its inception was -6.07%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for STOT and XLK.
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Drawdown Indicators
| STOT | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.07% | -82.05% | +75.98% |
Max Drawdown (1Y)Largest decline over 1 year | -0.76% | -15.92% | +15.16% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | -25.66% | +24.90% |
Max Drawdown (5Y)Largest decline over 5 years | -6.07% | -33.56% | +27.49% |
Max Drawdown (10Y)Largest decline over 10 years | -6.07% | -33.56% | +27.49% |
Current DrawdownCurrent decline from peak | -0.19% | -8.43% | +8.24% |
Average DrawdownAverage peak-to-trough decline | -0.83% | -34.85% | +34.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 5.25% | -5.07% |
Volatility
STOT vs. XLK - Volatility Comparison
The current volatility for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) is 0.39%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 11.01%. This indicates that STOT 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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Volatility by Period
| STOT | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.39% | 11.01% | -10.62% |
Volatility (6M)Calculated over the trailing 6-month period | 0.89% | 20.77% | -19.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.13% | 24.43% | -23.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.73% | 25.56% | -23.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.20% | 24.79% | -22.59% |
STOT vs. XLK - Expense Ratio Comparison
STOT has a 0.45% expense ratio, which is higher than XLK's 0.08% expense ratio.
Dividends
STOT vs. XLK - Dividend Comparison
STOT's dividend yield for the trailing twelve months is around 4.43%, more than XLK's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 4.43% | 4.52% | 5.10% | 4.53% | 2.54% | 1.76% | 1.66% | 2.61% | 2.50% | 1.95% | 2.08% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.44% | 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
STOT and XLK have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLK has higher volatility (11.01%) compared to STOT (0.39%). In terms of maximum drawdown, STOT dropped -6.07% vs XLK's -82.05%.
On 10-year performance, XLK leads with 24.50% vs 2.38% for STOT. On fees, XLK is cheaper at 0.08% per year. On volatility, STOT has been the lower-risk option at 0.39%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, XLK has performed better with a 24.50% return vs 2.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XLK is cheaper with a 0.08% expense ratio, compared with 0.45% for STOT.
STOT has the higher dividend yield at 4.43%, compared with 0.44% for XLK.
STOT is categorized as Short-Term Bond, while XLK is Technology Equities. STOT tracks Bloomberg U.S. Aggregate 1-3 Year Index, while XLK tracks S&P Technology Select Sector Daily Capped 35/20 Index. Their fees differ too: 0.45% for STOT and 0.08% for XLK.
STOT currently has the higher Sharpe Ratio (3.35 vs 1.75), 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.
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