XCOR vs. SPY

Last updated Jun 4, 2026

XCOR (Fundx ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - XCOR is a Large Cap Growth Equities fund actively managed by FundX, while SPY is a S&P 500 fund tracking the S&P 500 Index. XCOR is actively managed, while SPY is passively managed. Over the past 3 years, XCOR returned 22.94%/yr vs 22.35%/yr for SPY. Their correlation of 0.93 suggests significant overlap in exposure. XCOR charges 1.27%/yr vs 0.09%/yr for SPY.

Performance

XCOR vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fundx ETF (XCOR) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XCOR achieves a 13.43% return, which is significantly higher than SPY's 10.91% return.

XCOR

• 1D: -0.71%
• 1M: 7.51%
• YTD: 13.43%
• 6M: 14.00%
• 1Y: 29.47%
• 3Y*: 22.94%
• 5Y*: —
• 10Y*: —

SPY

• 1D: -0.70%
• 1M: 5.05%
• YTD: 10.91%
• 6M: 10.91%
• 1Y: 27.98%
• 3Y*: 22.35%
• 5Y*: 13.83%
• 10Y*: 15.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XCOR vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XCOR Fundx ETF	13.43%	12.50%	29.57%	14.34%	7.11%
SPY State Street SPDR S&P 500 ETF	10.91%	17.72%	24.89%	26.18%	4.73%

Correlation

The correlation between XCOR and SPY is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 18, 2022	0.93

The correlation between XCOR and SPY has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

XCOR vs. SPY - Sectors Allocation Comparison

Sectors	XCOR	SPY
Technology	39.0%	35.9%
Financial Services	12.7%	11.8%
Communication Services	12.2%	11.3%
Consumer Cyclical	10.4%	10.3%
Healthcare	6.1%	8.4%
Industrials	5.4%	7.8%
Consumer Defensive	4.9%	4.8%
Energy	3.8%	3.6%
Utilities	2.4%	2.4%
Basic Materials	2.1%	1.8%
Real Estate	1.0%	1.9%

Return for Risk

XCOR vs. SPY — Risk / Return Rank

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

XCOR

XCOR Risk / Return Rank: 69
XCOR Sharpe Ratio Rank: 71
XCOR Sortino Ratio Rank: 70
XCOR Omega Ratio Rank: 69
XCOR Calmar Ratio Rank: 63
XCOR Martin Ratio Rank: 73

SPY

SPY Risk / Return Rank: 70
SPY Sharpe Ratio Rank: 71
SPY Sortino Ratio Rank: 69
SPY Omega Ratio Rank: 70
SPY Calmar Ratio Rank: 62
SPY Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XCOR vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fundx ETF (XCOR) and State Street SPDR S&P 500 ETF (SPY). 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.

	XCOR	SPY	Difference
Sharpe ratio Return per unit of total volatility	2.30	2.38	-0.07
Sortino ratio Return per unit of downside risk	3.17	3.24	-0.07
Omega ratio Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio Return relative to maximum drawdown	3.08	3.16	-0.08
Martin ratio Return relative to average drawdown	13.62	14.72	-1.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCOR vs. SPY - Sharpe Ratio Comparison

The current XCOR Sharpe Ratio is 2.30, which is comparable to the SPY Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of XCOR and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XCOR	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	2.38	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	0.59	+0.68

Drawdowns

XCOR vs. SPY - Drawdown Comparison

The maximum XCOR drawdown since its inception was -22.54%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XCOR and SPY.

Drawdown Indicators

	XCOR	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-22.54%	-55.19%	+32.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-8.88%	-0.72%
Max Drawdown (3Y) Largest decline over 3 years	-22.54%	-18.76%	-3.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-0.71%	-0.70%	-0.01%
Average Drawdown Average peak-to-trough decline	-3.12%	-9.05%	+5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	1.91%	+0.26%

Volatility

XCOR vs. SPY - Volatility Comparison

Fundx ETF (XCOR) has a higher volatility of 3.78% compared to State Street SPDR S&P 500 ETF (SPY) at 2.84%. This indicates that XCOR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCOR	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	2.84%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	10.17%	8.90%	+1.27%
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	11.83%	+1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	17.05%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.05%	17.94%	-0.89%

XCOR vs. SPY - Expense Ratio Comparison

XCOR has a 1.27% expense ratio, which is higher than SPY's 0.09% expense ratio.

Dividends

XCOR vs. SPY - Dividend Comparison

XCOR's dividend yield for the trailing twelve months is around 0.38%, less than SPY's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPY State Street SPDR S&P 500 ETF	0.98%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%
XCOR Fundx ETF	0.38%	0.43%	0.00%	0.95%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XCOR and SPY in my portfolio?

With a correlation of 0.96, XCOR and SPY 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, XCOR or SPY?

XCOR has higher volatility (3.78%) compared to SPY (2.84%). In terms of maximum drawdown, XCOR dropped -22.54% vs SPY's -55.19%.

Which ETF is better, XCOR or SPY?

On 3-year performance, XCOR leads with 22.94% vs 22.35% for SPY. On fees, SPY is cheaper at 0.09% per year. On volatility, SPY has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XCOR or SPY?

Over the 3-year period, XCOR has performed better with a 22.94% return vs 22.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XCOR or SPY?

SPY is cheaper with a 0.09% expense ratio, compared with 1.27% for XCOR.

Which ETF pays a higher dividend yield, XCOR or SPY?

SPY has the higher dividend yield at 0.98%, compared with 0.38% for XCOR.

What is the main difference between XCOR and SPY?

XCOR is categorized as Large Cap Growth Equities, while SPY is S&P 500. They also come from different issuers: FundX and State Street. Their fees differ too: 1.27% for XCOR and 0.09% for SPY.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (2.38 vs 2.30), 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.