USSCX vs. XLK
Compare and contrast key facts about USAA Science & Technology Fund (USSCX) and Technology Select Sector SPDR Fund (XLK).
USSCX is managed by Victory Capital. It was launched on Jul 31, 1997. 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: USSCX or XLK.
Key characteristics
| USSCX | XLK | |
|---|---|---|
| YTD Return | 32.52% | 23.33% |
| 1Y Return | 54.90% | 33.30% |
| 3Y Return (Ann) | -6.45% | 13.18% |
| 5Y Return (Ann) | 2.11% | 23.47% |
| 10Y Return (Ann) | 3.31% | 20.55% |
| Sharpe Ratio | 2.66 | 1.50 |
| Sortino Ratio | 3.37 | 2.02 |
| Omega Ratio | 1.45 | 1.27 |
| Calmar Ratio | 1.09 | 1.92 |
| Martin Ratio | 16.19 | 6.63 |
| Ulcer Index | 3.40% | 4.91% |
| Daily Std Dev | 20.69% | 21.65% |
| Max Drawdown | -79.48% | -82.05% |
| Current Drawdown | -23.40% | -0.53% |
Correlation
The correlation between USSCX and XLK is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
USSCX vs. XLK - Performance Comparison
In the year-to-date period, USSCX achieves a 32.52% return, which is significantly higher than XLK's 23.33% return. Over the past 10 years, USSCX has underperformed XLK with an annualized return of 3.31%, while XLK has yielded a comparatively higher 20.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USSCX vs. XLK - Expense Ratio Comparison
USSCX has a 0.95% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
USSCX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Science & Technology Fund (USSCX) 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
USSCX vs. XLK - Dividend Comparison
USSCX has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USSCX USAA Science & Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 2.08% |
XLK Technology Select Sector SPDR Fund | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
USSCX vs. XLK - Drawdown Comparison
The maximum USSCX drawdown since its inception was -79.48%, roughly equal to the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for USSCX and XLK. For additional features, visit the drawdowns tool.
Volatility
USSCX vs. XLK - Volatility Comparison
USAA Science & Technology Fund (USSCX) and Technology Select Sector SPDR Fund (XLK) have volatilities of 6.18% and 6.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.