WSTCX vs. XLK

Last updated Aug 1, 2026

WSTCX (Delaware Ivy Science and Technology Fund) and XLK (State Street Technology Select Sector SPDR ETF) are both Technology Equities funds. Over the past 10 years, WSTCX returned 26.16%/yr vs 23.77%/yr for XLK. Their correlation of 0.86 means they have usually moved in the same direction. WSTCX charges 2.14%/yr vs 0.08%/yr for XLK.

Performance

WSTCX vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Science and Technology Fund (WSTCX) 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, WSTCX achieves a 31.08% return, which is significantly higher than XLK's 22.09% return. Over the past 10 years, WSTCX has outperformed XLK with an annualized return of 26.16%, while XLK has yielded a comparatively lower 23.77% annualized return.

WSTCX

• 1D: 5.33%
• 1M: -3.41%
• 6M: 21.82%
• YTD: 31.08%
• 1Y: 48.42%
• 3Y*: 59.82%
• 5Y*: 28.66%
• 10Y*: 26.16%
• ALL TIME*: 18.05%

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)
WSTCX Delaware Ivy Science and Technology Fund	$0.00	$0.00	$0.00
XLK State Street Technology Select Sector SPDR ETF	$1.61B	$1.67B	$2.22B

WSTCX vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WSTCX Delaware Ivy Science and Technology Fund	31.08%	32.86%	117.81%	39.18%	-33.22%	12.80%	35.09%	49.22%	-5.97%	31.79%
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 WSTCX and XLK is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.92
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998	0.86

The correlation between WSTCX and XLK has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.

Return for Risk

WSTCX vs. XLK — Risk / Return Rank

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

WSTCX

WSTCX Risk / Return Rank: 68
WSTCX Sharpe Ratio Rank: 68
WSTCX Sortino Ratio Rank: 60
WSTCX Omega Ratio Rank: 61
WSTCX Calmar Ratio Rank: 82
WSTCX Martin Ratio Rank: 69

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.

WSTCX vs. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Science and Technology Fund (WSTCX) 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.

	WSTCX	XLK	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.34	+0.24
Sortino ratio: Return per unit of downside risk	2.11	1.85	+0.25
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio: Return relative to maximum drawdown	2.70	2.16	+0.54
Martin ratio: Return relative to average drawdown	8.47	5.85	+2.61

WSTCX vs. XLK - Sharpe Ratio Comparison

The current WSTCX Sharpe Ratio is 1.58, which is comparable to the XLK Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of WSTCX 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

WSTCX vs. XLK - Drawdown Comparison

The maximum WSTCX drawdown since its inception was -60.92%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for WSTCX and XLK.

Drawdown Indicators

	WSTCX	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-60.92%	-82.05%	+21.13%
Max Drawdown (1Y) Largest decline over 1 year	-16.84%	-15.92%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	-44.66%	-25.66%	-19.00%
Max Drawdown (5Y) Largest decline over 5 years	-60.92%	-33.56%	-27.36%
Max Drawdown (10Y) Largest decline over 10 years	-60.92%	-33.56%	-27.36%
Current Drawdown Current decline from peak	-9.82%	-11.43%	+1.61%
Average Drawdown Average peak-to-trough decline	-18.33%	-34.80%	+16.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	5.86%	-0.52%

Volatility

WSTCX vs. XLK - Volatility Comparison

Delaware Ivy Science and Technology Fund (WSTCX) has a higher volatility of 10.25% compared to State Street Technology Select Sector SPDR ETF (XLK) at 9.58%. This indicates that WSTCX'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

	WSTCX	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.25%	9.58%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	23.95%	21.81%	+2.14%
Volatility (1Y) Calculated over the trailing 1-year period	28.69%	25.59%	+3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.82%	25.75%	+49.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.20%	24.90%	+30.30%

WSTCX vs. XLK - Expense Ratio Comparison

WSTCX has a 2.14% expense ratio, which is higher than XLK's 0.08% expense ratio.

Dividends

WSTCX vs. XLK - Dividend Comparison

WSTCX's dividend yield for the trailing twelve months is around 10.19%, more than XLK's 0.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WSTCX Delaware Ivy Science and Technology Fund	10.19%	13.35%	81.76%	21.98%	57.60%	61.50%	11.27%	13.85%	16.72%	7.61%	0.00%	2.85%
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 WSTCX and XLK in my portfolio?

With a correlation of 0.93, WSTCX and XLK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WSTCX or XLK?

WSTCX has higher volatility (10.25%) compared to XLK (9.58%). In terms of maximum drawdown, WSTCX dropped -60.92% vs XLK's -82.05%.

Which has better risk-adjusted returns?

WSTCX currently has the higher Sharpe Ratio (1.58 vs 1.34), 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.