TVK.TO vs. XLK
Compare and contrast key facts about TerraVest Industries Inc. (TVK.TO) 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: TVK.TO or XLK.
Key characteristics
| TVK.TO | XLK | |
|---|---|---|
| YTD Return | 131.56% | 16.94% |
| 1Y Return | 167.44% | 31.33% |
| 3Y Return (Ann) | 59.63% | 11.45% |
| 5Y Return (Ann) | 56.00% | 22.60% |
| 10Y Return (Ann) | 37.78% | 20.15% |
| Sharpe Ratio | 5.16 | 1.62 |
| Sortino Ratio | 6.85 | 2.14 |
| Omega Ratio | 1.81 | 1.29 |
| Calmar Ratio | 13.96 | 2.06 |
| Martin Ratio | 43.63 | 7.15 |
| Ulcer Index | 4.44% | 4.88% |
| Daily Std Dev | 37.60% | 21.63% |
| Max Drawdown | -84.29% | -82.05% |
| Current Drawdown | -0.17% | -5.62% |
Correlation
The correlation between TVK.TO and XLK is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TVK.TO vs. XLK - Performance Comparison
In the year-to-date period, TVK.TO achieves a 131.56% return, which is significantly higher than XLK's 16.94% return. Over the past 10 years, TVK.TO has outperformed XLK with an annualized return of 37.78%, while XLK has yielded a comparatively lower 20.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TVK.TO vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TerraVest Industries Inc. (TVK.TO) 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
TVK.TO vs. XLK - Dividend Comparison
TVK.TO's dividend yield for the trailing twelve months is around 0.59%, less than XLK's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVK.TO TerraVest Industries Inc. | 0.59% | 1.19% | 1.54% | 1.46% | 2.50% | 3.08% | 3.94% | 4.28% | 4.49% | 5.63% | 8.26% | 7.36% |
XLK Technology Select Sector SPDR Fund | 0.70% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
TVK.TO vs. XLK - Drawdown Comparison
The maximum TVK.TO drawdown since its inception was -84.29%, roughly equal to the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for TVK.TO and XLK. For additional features, visit the drawdowns tool.
Volatility
TVK.TO vs. XLK - Volatility Comparison
TerraVest Industries Inc. (TVK.TO) has a higher volatility of 6.14% compared to Technology Select Sector SPDR Fund (XLK) at 5.76%. This indicates that TVK.TO'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.