WD vs. XLK
WD (Walker & Dunlop, 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, WD returned 8.96%/yr vs 23.73%/yr for XLK. Their 0.39 correlation means their historical movements had little consistent relationship.
Performance
WD vs. XLK - Performance Comparison
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Returns By Period
In the year-to-date period, WD achieves a -10.89% return, which is significantly lower than XLK's 23.97% return. Over the past 10 years, WD has underperformed XLK with an annualized return of 8.96%, while XLK has yielded a comparatively higher 23.73% annualized return.
WD
- 1D
- 4.83%
- 1M
- -4.51%
- 6M
- -14.24%
- YTD
- -10.89%
- 1Y
- -26.64%
- 3Y*
- -12.97%
- 5Y*
- -9.94%
- 10Y*
- 8.96%
- ALL TIME*
- 12.77%
XLK
- 1D
- 1.53%
- 1M
- -1.41%
- 6M
- 22.86%
- YTD
- 23.97%
- 1Y
- 39.24%
- 3Y*
- 28.50%
- 5Y*
- 19.12%
- 10Y*
- 23.73%
- ALL TIME*
- 10.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.96M | $12.44M | $16.59M | |
| $1.65B | $1.63B | $2.23B |
WD vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WD Walker & Dunlop, Inc. | -10.89% | -35.86% | -10.15% | 45.98% | -46.80% | 67.03% | 45.89% | 52.68% | -7.15% | 52.24% |
XLK State Street Technology Select Sector SPDR ETF | 23.97% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
Correlation
The correlation between WD and XLK is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.39 |
Over the past year, the correlation between WD and XLK has dropped to 0.19 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
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Return for Risk
WD vs. XLK — Risk / Return Rank
WD
XLK
WD vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walker & Dunlop, Inc. (WD) 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.
| WD | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -2.75 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.26 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 2.48 | -3.02 |
| Martin ratioReturn relative to average drawdown | -0.85 | 6.68 | -7.53 |
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Drawdowns
WD vs. XLK - Drawdown Comparison
The maximum WD drawdown since its inception was -68.49%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for WD and XLK.
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Drawdown Indicators
| WD | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.49% | -82.05% | +13.56% |
Max Drawdown (1Y)Largest decline over 1 year | -49.57% | -15.92% | -33.65% |
Max Drawdown (3Y)Largest decline over 3 years | -60.82% | -25.66% | -35.16% |
Max Drawdown (5Y)Largest decline over 5 years | -68.33% | -33.56% | -34.77% |
Max Drawdown (10Y)Largest decline over 10 years | -68.49% | -33.56% | -34.93% |
Current DrawdownCurrent decline from peak | -61.15% | -10.07% | -51.08% |
Average DrawdownAverage peak-to-trough decline | -21.84% | -34.80% | +12.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.40% | 5.89% | +25.51% |
Volatility
WD vs. XLK - Volatility Comparison
Walker & Dunlop, Inc. (WD) has a higher volatility of 12.08% compared to State Street Technology Select Sector SPDR ETF (XLK) at 9.37%. This indicates that WD'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.
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Volatility by Period
| WD | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.08% | 9.37% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 34.79% | 21.74% | +13.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.76% | 25.56% | +16.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.24% | 25.77% | +11.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.11% | 24.91% | +16.20% |
Dividends
WD vs. XLK - Dividend Comparison
WD's dividend yield for the trailing twelve months is around 5.18%, more than XLK's 0.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WD Walker & Dunlop, Inc. | 5.18% | 4.46% | 2.67% | 2.27% | 3.06% | 1.33% | 1.56% | 1.86% | 2.31% | 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
WD and XLK have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WD has higher volatility (12.08%) compared to XLK (9.37%). In terms of maximum drawdown, WD dropped -68.49% vs XLK's -82.05%.
XLK currently has the higher Sharpe Ratio (1.55 vs -0.64), 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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