XITK vs. TDV

Last updated Jun 26, 2026

XITK (SPDR FactSet Innovative Technology ETF) and TDV (ProShares S&P Technology Dividend Aristocrats ETF) are both Technology Equities funds - XITK tracks the FactSet Innovative Technology Index while TDV tracks the Zacks 2040 Lifecycle Index. Both are passively managed. Over the past 5 years, XITK returned -4.43%/yr vs 13.05%/yr for TDV. A 0.73 correlation means they provide meaningful diversification when combined. XITK charges 0.45%/yr vs 0.66%/yr for TDV.

Performance

XITK vs. TDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR FactSet Innovative Technology ETF (XITK) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XITK achieves a 1.90% return, which is significantly lower than TDV's 18.57% 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%

TDV

• 1D: 1.37%
• 1M: -0.65%
• YTD: 18.57%
• 6M: 16.16%
• 1Y: 26.00%
• 3Y*: 18.39%
• 5Y*: 13.05%
• 10Y*: —

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

XITK vs. TDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XITK SPDR FactSet Innovative Technology ETF	1.90%	2.53%	19.12%	45.87%	-47.45%	-11.24%	90.22%	5.80%
TDV ProShares S&P Technology Dividend Aristocrats ETF	18.57%	16.05%	9.72%	27.29%	-15.94%	28.29%	29.00%	2.86%

Correlation

The correlation between XITK and TDV is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019	0.73

The correlation between XITK and TDV has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

XITK vs. TDV - Sectors Allocation Comparison

Sectors	XITK	TDV
Technology	82.4%	90.7%
Communication Services	10.4%	-
Healthcare	3.1%	-
Industrials	1.6%	4.4%
Financial Services	1.3%	4.9%
Consumer Cyclical	0.8%	-
Real Estate	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

XITK vs. TDV — Risk / Return Rank

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

XITK

XITK Risk / Return Rank: 9
XITK Sharpe Ratio Rank: 9
XITK Sortino Ratio Rank: 9
XITK Omega Ratio Rank: 9
XITK Calmar Ratio Rank: 9
XITK Martin Ratio Rank: 9

TDV

TDV Risk / Return Rank: 51
TDV Sharpe Ratio Rank: 46
TDV Sortino Ratio Rank: 43
TDV Omega Ratio Rank: 44
TDV Calmar Ratio Rank: 64
TDV Martin Ratio Rank: 57

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.

XITK vs. TDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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	TDV	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	1.41	-1.44
Sortino ratio: Return per unit of downside risk	0.15	1.94	-1.79
Omega ratio: Gain probability vs. loss probability	1.02	1.25	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.03	2.73	-2.76
Martin ratio: Return relative to average drawdown	-0.07	8.87	-8.94

XITK vs. TDV - Sharpe Ratio Comparison

The current XITK Sharpe Ratio is -0.03, which is lower than the TDV Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of XITK and TDV, 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

XITK vs. TDV - Drawdown Comparison

The maximum XITK drawdown since its inception was -65.56%, which is greater than TDV's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for XITK and TDV.

Drawdown Indicators

	XITK	TDV	Difference
Max Drawdown Largest peak-to-trough decline	-65.56%	-32.78%	-32.78%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	-9.55%	-18.48%
Max Drawdown (3Y) Largest decline over 3 years	-28.18%	-22.51%	-5.67%
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	-25.11%	-36.42%
Max Drawdown (10Y) Largest decline over 10 years	-65.56%	—	—
Current Drawdown Current decline from peak	-30.52%	-4.08%	-26.44%
Average Drawdown Average peak-to-trough decline	-22.10%	-5.35%	-16.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.17%	2.94%	+9.23%

Volatility

XITK vs. TDV - Volatility Comparison

SPDR FactSet Innovative Technology ETF (XITK) has a higher volatility of 12.20% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 8.40%. This indicates that XITK's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XITK	TDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.20%	8.40%	+3.80%
Volatility (6M) Calculated over the trailing 6-month period	23.82%	14.62%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	27.92%	18.47%	+9.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.88%	20.70%	+12.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.71%	23.29%	+6.42%

XITK vs. TDV - Expense Ratio Comparison

XITK has a 0.45% expense ratio, which is lower than TDV's 0.66% expense ratio.

Dividends

XITK vs. TDV - Dividend Comparison

XITK has not paid dividends to shareholders, while TDV's dividend yield for the trailing twelve months is around 1.02%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TDV ProShares S&P Technology Dividend Aristocrats ETF	1.02%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%	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

Can I hold both XITK and TDV in my portfolio?

XITK and TDV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XITK or TDV?

XITK has higher volatility (12.20%) compared to TDV (8.40%). In terms of maximum drawdown, XITK dropped -65.56% vs TDV's -32.78%.

Which ETF is better, XITK or TDV?

On 5-year performance, TDV leads with 13.05% vs -4.43% for XITK. On fees, XITK is cheaper at 0.45% per year. On volatility, TDV has been the lower-risk option at 8.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XITK or TDV?

Over the 5-year period, TDV has performed better with a 13.05% return vs -4.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XITK or TDV?

XITK is cheaper with a 0.45% expense ratio, compared with 0.66% for TDV.

Which ETF pays a higher dividend yield, XITK or TDV?

TDV has the higher dividend yield at 1.02%, compared with 0.00% for XITK.

What is the main difference between XITK and TDV?

XITK tracks FactSet Innovative Technology Index, while TDV tracks Zacks 2040 Lifecycle Index. They also come from different issuers: State Street and ProShares. Their fees differ too: 0.45% for XITK and 0.66% for TDV.

Which has better risk-adjusted returns?

TDV currently has the higher Sharpe Ratio (1.41 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.