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TCOM vs. XLK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TCOM vs. XLK - Performance Comparison

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

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Returns By Period

In the year-to-date period, TCOM achieves a -35.45% return, which is significantly lower than XLK's 33.79% return. Over the past 10 years, TCOM has underperformed XLK with an annualized return of 1.65%, while XLK has yielded a comparatively higher 26.01% annualized return.


TCOM

1D
2.93%
1M
0.11%
YTD
-35.45%
6M
-37.07%
1Y
-16.88%
3Y*
10.81%
5Y*
5.03%
10Y*
1.65%

XLK

1D
0.49%
1M
6.65%
YTD
33.79%
6M
32.69%
1Y
60.87%
3Y*
32.46%
5Y*
22.53%
10Y*
26.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TCOM vs. XLK - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TCOM
Trip.com Group Limited
-35.45%5.24%90.67%4.68%39.72%-27.01%0.57%23.95%-38.64%10.25%
XLK
State Street Technology Select Sector SPDR ETF
33.79%24.61%21.63%56.02%-27.73%34.74%43.62%49.86%-1.68%34.26%

Correlation

The correlation between TCOM and XLK is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (10Y)
Calculated over the trailing 10-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Dec 9, 2003

0.39

The correlation between TCOM and XLK shifts across timeframes, from 0.25 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

TCOM vs. XLK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCOM
TCOM Risk / Return Rank: 2424
Overall Rank
TCOM Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
TCOM Sortino Ratio Rank: 2121
Sortino Ratio Rank
TCOM Omega Ratio Rank: 2020
Omega Ratio Rank
TCOM Calmar Ratio Rank: 2929
Calmar Ratio Rank
TCOM Martin Ratio Rank: 2828
Martin Ratio Rank

XLK
XLK Risk / Return Rank: 7777
Overall Rank
XLK Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XLK Sortino Ratio Rank: 7575
Sortino Ratio Rank
XLK Omega Ratio Rank: 7777
Omega Ratio Rank
XLK Calmar Ratio Rank: 7878
Calmar Ratio Rank
XLK Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCOM vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trip.com Group Limited (TCOM) 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.


TCOMXLKDifference
Sharpe ratioReturn per unit of total volatility

-3.12

Sortino ratioReturn per unit of downside risk

-3.66

Omega ratioGain probability vs. loss probability

0.94

1.43

-0.50

Calmar ratioReturn relative to maximum drawdown

-0.40

3.84

-4.24

Martin ratioReturn relative to average drawdown

-0.75

12.30

-13.05

TCOM vs. XLK - Sharpe Ratio Comparison

The current TCOM Sharpe Ratio is -0.47, which is lower than the XLK Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of TCOM 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.


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Drawdowns

TCOM vs. XLK - Drawdown Comparison

The maximum TCOM drawdown since its inception was -76.34%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for TCOM and XLK.


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Drawdown Indicators


TCOMXLKDifference

Max Drawdown

Largest peak-to-trough decline

-76.34%

-82.05%

+5.71%

Max Drawdown (1Y)

Largest decline over 1 year

-42.88%

-15.92%

-26.96%

Max Drawdown (3Y)

Largest decline over 3 years

-42.88%

-25.66%

-17.22%

Max Drawdown (5Y)

Largest decline over 5 years

-54.43%

-33.56%

-20.87%

Max Drawdown (10Y)

Largest decline over 10 years

-71.96%

-33.56%

-38.40%

Current Drawdown

Current decline from peak

-41.21%

-2.94%

-38.27%

Average Drawdown

Average peak-to-trough decline

-27.84%

-34.90%

+7.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.56%

4.96%

+17.60%

Volatility

TCOM vs. XLK - Volatility Comparison

The current volatility for Trip.com Group Limited (TCOM) is 8.50%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 11.64%. This indicates that TCOM 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


TCOMXLKDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.50%

11.64%

-3.14%

Volatility (6M)

Calculated over the trailing 6-month period

27.97%

19.23%

+8.74%

Volatility (1Y)

Calculated over the trailing 1-year period

36.07%

23.12%

+12.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.19%

25.30%

+23.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.30%

24.71%

+19.59%

Dividends

TCOM vs. XLK - Dividend Comparison

TCOM has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.52%.


PositionTTM20252024202320222021202020192018201720162015
TCOM
Trip.com Group Limited
0.00%0.42%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
0.52%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


TCOM and XLK have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XLK has higher volatility (11.64%) compared to TCOM (8.50%). In terms of maximum drawdown, TCOM dropped -76.34% vs XLK's -82.05%.

XLK currently has the higher Sharpe Ratio (2.65 vs -0.47), 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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