XITK vs. GLD
XITK (SPDR FactSet Innovative Technology ETF) and GLD (SPDR Gold Shares) are both exchange-traded funds - XITK is a Technology Equities fund tracking the FactSet Innovative Technology Index, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 10 years, XITK returned 13.96%/yr vs 11.30%/yr for GLD. At a 0.07 correlation, their price movements are largely independent. XITK charges 0.45%/yr vs 0.40%/yr for GLD.
Performance
XITK vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, XITK achieves a 1.90% return, which is significantly higher than GLD's -6.77% return. Over the past 10 years, XITK has outperformed GLD with an annualized return of 13.96%, while GLD has yielded a comparatively lower 11.30% annualized return.
XITK
- 1D
- -1.25%
- 1M
- -8.08%
- YTD
- 1.90%
- 6M
- 0.34%
- 1Y
- -0.80%
- 3Y*
- 13.32%
- 5Y*
- -4.43%
- 10Y*
- 13.96%
GLD
- 1D
- 0.97%
- 1M
- -10.76%
- YTD
- -6.77%
- 6M
- -10.31%
- 1Y
- 20.30%
- 3Y*
- 27.44%
- 5Y*
- 17.27%
- 10Y*
- 11.30%
XITK vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XITK SPDR FactSet Innovative Technology ETF | 1.90% | 2.53% | 19.12% | 45.87% | -47.45% | -11.24% | 90.22% | 36.98% | 7.60% | 36.01% |
GLD SPDR Gold Shares | -6.77% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Correlation
The correlation between XITK and GLD is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2016 | 0.07 |
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Return for Risk
XITK vs. GLD — Risk / Return Rank
XITK
GLD
XITK vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and SPDR Gold Shares (GLD). 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.
| XITK | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.16 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.78 | -0.81 |
| Martin ratioReturn relative to average drawdown | -0.07 | 2.17 | -2.24 |
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Drawdowns
XITK vs. GLD - Drawdown Comparison
The maximum XITK drawdown since its inception was -65.56%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for XITK and GLD.
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Drawdown Indicators
| XITK | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.56% | -45.56% | -20.00% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | -26.21% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -28.18% | -26.21% | -1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -61.53% | -26.21% | -35.32% |
Max Drawdown (10Y)Largest decline over 10 years | -65.56% | -26.21% | -39.35% |
Current DrawdownCurrent decline from peak | -30.52% | -25.50% | -5.02% |
Average DrawdownAverage peak-to-trough decline | -22.10% | -16.17% | -5.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.17% | 9.38% | +2.79% |
Volatility
XITK vs. GLD - Volatility Comparison
SPDR FactSet Innovative Technology ETF (XITK) has a higher volatility of 12.20% compared to SPDR Gold Shares (GLD) at 8.70%. This indicates that XITK's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XITK | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.20% | 8.70% | +3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 23.82% | 24.48% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.92% | 27.71% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.88% | 18.30% | +14.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.71% | 16.07% | +13.64% |
XITK vs. GLD - Expense Ratio Comparison
XITK has a 0.45% expense ratio, which is higher than GLD's 0.40% expense ratio.
Dividends
XITK vs. GLD - Dividend Comparison
Neither XITK nor GLD has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XITK SPDR FactSet Innovative Technology ETF | 0.00% | 0.00% | 0.00% | 0.08% | 0.11% | 0.00% | 0.06% | 0.14% | 1.50% | 1.74% | 1.88% |
Frequently Asked Questions
XITK and GLD have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XITK has higher volatility (12.20%) compared to GLD (8.70%). In terms of maximum drawdown, XITK dropped -65.56% vs GLD's -45.56%.
On 10-year performance, XITK leads with 13.96% vs 11.30% for GLD. On fees, GLD is cheaper at 0.40% per year. On volatility, GLD has been the lower-risk option at 8.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, XITK has performed better with a 13.96% return vs 11.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GLD is cheaper with a 0.40% expense ratio, compared with 0.45% for XITK.
XITK and GLD have nearly identical dividend yields, around 0.00%.
XITK is categorized as Technology Equities, while GLD is Gold. XITK tracks FactSet Innovative Technology Index, while GLD tracks LBMA Gold Price PM. Their fees differ too: 0.45% for XITK and 0.40% for GLD.
GLD currently has the higher Sharpe Ratio (0.74 vs -0.03), 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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