SXLK.AS vs. SPY
Compare and contrast key facts about SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and SPDR S&P 500 ETF (SPY).
SXLK.AS and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXLK.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SXLK.AS and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SXLK.AS or SPY.
Performance
SXLK.AS vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with SXLK.AS having a 23.65% return and SPY slightly higher at 24.40%.
SXLK.AS
23.65%
2.75%
10.05%
28.44%
31.96%
N/A
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| SXLK.AS | SPY | |
|---|---|---|
| Sharpe Ratio | 1.42 | 2.64 |
| Sortino Ratio | 1.93 | 3.53 |
| Omega Ratio | 1.26 | 1.49 |
| Calmar Ratio | 1.73 | 3.81 |
| Martin Ratio | 5.46 | 17.21 |
| Ulcer Index | 5.16% | 1.86% |
| Daily Std Dev | 19.67% | 12.15% |
| Max Drawdown | -34.44% | -55.19% |
| Current Drawdown | -1.99% | -2.17% |
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SXLK.AS vs. SPY - Expense Ratio Comparison
SXLK.AS has a 0.15% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SXLK.AS and SPY is 0.48, 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.
Risk-Adjusted Performance
SXLK.AS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and SPDR S&P 500 ETF (SPY). 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
SXLK.AS vs. SPY - Dividend Comparison
SXLK.AS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SXLK.AS SPDR S&P U.S. Technology Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SXLK.AS vs. SPY - Drawdown Comparison
The maximum SXLK.AS drawdown since its inception was -34.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SXLK.AS and SPY. For additional features, visit the drawdowns tool.
Volatility
SXLK.AS vs. SPY - Volatility Comparison
SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) has a higher volatility of 5.11% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that SXLK.AS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.