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XBI vs. FBT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XBI and FBT is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

XBI vs. FBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Biotech ETF (XBI) and First Trust Amex Biotechnology Index (FBT). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%NovemberDecember2025FebruaryMarchApril
478.01%
726.89%
XBI
FBT

Key characteristics

Sharpe Ratio

XBI:

-0.19

FBT:

0.50

Sortino Ratio

XBI:

-0.08

FBT:

0.81

Omega Ratio

XBI:

0.99

FBT:

1.11

Calmar Ratio

XBI:

-0.09

FBT:

0.49

Martin Ratio

XBI:

-0.47

FBT:

2.06

Ulcer Index

XBI:

10.92%

FBT:

5.19%

Daily Std Dev

XBI:

27.00%

FBT:

21.33%

Max Drawdown

XBI:

-63.89%

FBT:

-40.51%

Current Drawdown

XBI:

-53.79%

FBT:

-12.51%

Returns By Period

In the year-to-date period, XBI achieves a -10.89% return, which is significantly lower than FBT's -4.10% return. Over the past 10 years, XBI has underperformed FBT with an annualized return of 1.20%, while FBT has yielded a comparatively higher 3.55% annualized return.


XBI

YTD

-10.89%

1M

-5.68%

6M

-17.39%

1Y

-2.25%

5Y*

-3.65%

10Y*

1.20%

FBT

YTD

-4.10%

1M

-4.03%

6M

-4.31%

1Y

12.56%

5Y*

0.86%

10Y*

3.55%

*Annualized

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XBI vs. FBT - Expense Ratio Comparison

XBI has a 0.35% expense ratio, which is lower than FBT's 0.57% expense ratio.


Expense ratio chart for FBT: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBT: 0.57%
Expense ratio chart for XBI: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XBI: 0.35%

Risk-Adjusted Performance

XBI vs. FBT — Risk-Adjusted Performance Rank

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

XBI
The Risk-Adjusted Performance Rank of XBI is 1212
Overall Rank
The Sharpe Ratio Rank of XBI is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of XBI is 1212
Sortino Ratio Rank
The Omega Ratio Rank of XBI is 1212
Omega Ratio Rank
The Calmar Ratio Rank of XBI is 1414
Calmar Ratio Rank
The Martin Ratio Rank of XBI is 1111
Martin Ratio Rank

FBT
The Risk-Adjusted Performance Rank of FBT is 5858
Overall Rank
The Sharpe Ratio Rank of FBT is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FBT is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FBT is 5555
Omega Ratio Rank
The Calmar Ratio Rank of FBT is 6060
Calmar Ratio Rank
The Martin Ratio Rank of FBT is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XBI vs. FBT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Biotech ETF (XBI) and First Trust Amex Biotechnology Index (FBT). 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.


The chart of Sharpe ratio for XBI, currently valued at -0.19, compared to the broader market-1.000.001.002.003.004.00
XBI: -0.19
FBT: 0.50
The chart of Sortino ratio for XBI, currently valued at -0.08, compared to the broader market-2.000.002.004.006.008.00
XBI: -0.08
FBT: 0.81
The chart of Omega ratio for XBI, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
XBI: 0.99
FBT: 1.11
The chart of Calmar ratio for XBI, currently valued at -0.09, compared to the broader market0.002.004.006.008.0010.0012.00
XBI: -0.09
FBT: 0.49
The chart of Martin ratio for XBI, currently valued at -0.47, compared to the broader market0.0020.0040.0060.00
XBI: -0.47
FBT: 2.06

The current XBI Sharpe Ratio is -0.19, which is lower than the FBT Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of XBI and FBT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
-0.19
0.50
XBI
FBT

Dividends

XBI vs. FBT - Dividend Comparison

XBI's dividend yield for the trailing twelve months is around 0.17%, less than FBT's 0.74% yield.


TTM20242023202220212020201920182017201620152014
XBI
SPDR S&P Biotech ETF
0.17%0.15%0.02%0.00%0.04%0.20%0.00%0.28%0.24%0.26%0.61%1.07%
FBT
First Trust Amex Biotechnology Index
0.74%0.71%0.00%0.00%1.37%0.00%0.00%0.00%0.00%0.00%0.12%0.05%

Drawdowns

XBI vs. FBT - Drawdown Comparison

The maximum XBI drawdown since its inception was -63.89%, which is greater than FBT's maximum drawdown of -40.51%. Use the drawdown chart below to compare losses from any high point for XBI and FBT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-53.79%
-12.51%
XBI
FBT

Volatility

XBI vs. FBT - Volatility Comparison

SPDR S&P Biotech ETF (XBI) has a higher volatility of 15.13% compared to First Trust Amex Biotechnology Index (FBT) at 13.64%. This indicates that XBI's price experiences larger fluctuations and is considered to be riskier than FBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.13%
13.64%
XBI
FBT