TAOP vs. XLK

Last updated Aug 1, 2026

TAOP (Taoping Inc.) is a stock, while XLK (State Street Technology Select Sector SPDR ETF) is Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Over the past 10 years, TAOP returned -45.25%/yr vs 23.77%/yr for XLK. Their 0.16 correlation means their historical movements had little consistent relationship.

Performance

TAOP vs. XLK - Performance Comparison

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

Returns By Period

In the year-to-date period, TAOP achieves a -50.71% return, which is significantly lower than XLK's 22.09% return. Over the past 10 years, TAOP has underperformed XLK with an annualized return of -45.25%, while XLK has yielded a comparatively higher 23.77% annualized return.

TAOP

• 1D: 7.86%
• 1M: -50.36%
• 6M: -63.30%
• YTD: -50.71%
• 1Y: -83.00%
• 3Y*: -83.26%
• 5Y*: -76.85%
• 10Y*: -45.25%
• ALL TIME*: -30.29%

XLK

• 1D: -0.22%
• 1M: -2.90%
• 6M: 22.17%
• YTD: 22.09%
• 1Y: 37.14%
• 3Y*: 26.04%
• 5Y*: 18.87%
• 10Y*: 23.77%
• ALL TIME*: 10.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TAOP Taoping Inc.	$71.15K	$39.67K	$38.86K
XLK State Street Technology Select Sector SPDR ETF	$1.61B	$1.67B	$2.22B

TAOP vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TAOP Taoping Inc.	-50.71%	-88.95%	-70.88%	-77.71%	-65.58%	-33.45%	407.14%	-53.33%	-18.92%	105.19%
XLK State Street Technology Select Sector SPDR ETF	22.09%	24.61%	21.63%	56.02%	-27.73%	34.74%	43.62%	49.86%	-1.68%	34.26%

Correlation

The correlation between TAOP and XLK is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (3Y) Balances recent behavior with more history.	0.10
Correlation (5Y) Shows whether the relationship held over a longer period.	0.10
Correlation (10Y) Provides a long-term view across more market conditions.	0.10
Correlation (All Time) Calculated using the full available price history since Sep 12, 2006	0.16

The correlation between TAOP and XLK shifts across timeframes, from 0.04 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TAOP vs. XLK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TAOP

TAOP Risk / Return Rank: 6
TAOP Sharpe Ratio Rank: 9
TAOP Sortino Ratio Rank: 5
TAOP Omega Ratio Rank: 6
TAOP Calmar Ratio Rank: 3
TAOP Martin Ratio Rank: 7

XLK

XLK Risk / Return Rank: 55
XLK Sharpe Ratio Rank: 57
XLK Sortino Ratio Rank: 53
XLK Omega Ratio Rank: 52
XLK Calmar Ratio Rank: 62
XLK Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TAOP vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taoping Inc. (TAOP) 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.

	TAOP	XLK	Difference
Sharpe ratio: Return per unit of total volatility	-0.82	1.34	-2.17
Sortino ratio: Return per unit of downside risk	-1.67	1.85	-3.52
Omega ratio: Gain probability vs. loss probability	0.80	1.23	-0.43
Calmar ratio: Return relative to maximum drawdown	-0.97	2.16	-3.13
Martin ratio: Return relative to average drawdown	-1.46	5.85	-7.31

TAOP vs. XLK - Sharpe Ratio Comparison

The current TAOP Sharpe Ratio is -0.82, which is lower than the XLK Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of TAOP and XLK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TAOP vs. XLK - Drawdown Comparison

The maximum TAOP drawdown since its inception was -99.99%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for TAOP and XLK.

Drawdown Indicators

	TAOP	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-82.05%	-17.94%
Max Drawdown (1Y) Largest decline over 1 year	-84.24%	-15.92%	-68.32%
Max Drawdown (3Y) Largest decline over 3 years	-99.48%	-25.66%	-73.82%
Max Drawdown (5Y) Largest decline over 5 years	-99.94%	-33.56%	-66.38%
Max Drawdown (10Y) Largest decline over 10 years	-99.98%	-33.56%	-66.42%
Current Drawdown Current decline from peak	-99.99%	-11.43%	-88.56%
Average Drawdown Average peak-to-trough decline	-82.15%	-34.80%	-47.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.91%	5.86%	+50.05%

Volatility

TAOP vs. XLK - Volatility Comparison

Taoping Inc. (TAOP) has a higher volatility of 33.70% compared to State Street Technology Select Sector SPDR ETF (XLK) at 9.58%. This indicates that TAOP's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAOP	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.70%	9.58%	+24.12%
Volatility (6M) Calculated over the trailing 6-month period	66.58%	21.81%	+44.77%
Volatility (1Y) Calculated over the trailing 1-year period	100.06%	25.59%	+74.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.29%	25.75%	+80.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	793.89%	24.90%	+768.99%

Dividends

TAOP vs. XLK - Dividend Comparison

TAOP has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TAOP Taoping Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLK State Street Technology Select Sector SPDR ETF	0.45%	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

Can I hold both TAOP and XLK in my portfolio?

TAOP and XLK have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAOP or XLK?

TAOP has higher volatility (33.70%) compared to XLK (9.58%). In terms of maximum drawdown, TAOP dropped -99.99% vs XLK's -82.05%.

Which has better risk-adjusted returns?

XLK currently has the higher Sharpe Ratio (1.34 vs -0.82), 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.