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XLB vs. ABBV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLB vs. ABBV

Last updated Jun 14, 2026

XLB (Materials Select Sector SPDR ETF) is Materials fund tracking the Materials Select Sector Index, while ABBV (AbbVie Inc.) is a stock. Over the past 10 years, XLB returned 10.54%/yr vs 19.10%/yr for ABBV. At a 0.35 correlation, their price movements are largely independent.

Performance

XLB vs. ABBV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Materials Select Sector SPDR ETF (XLB) and AbbVie Inc. (ABBV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLB achieves a 15.57% return, which is significantly higher than ABBV's 1.30% return. Over the past 10 years, XLB has underperformed ABBV with an annualized return of 10.54%, while ABBV has yielded a comparatively higher 19.10% annualized return.

XLB

1D
1.87%
1M
0.99%
YTD
15.57%
6M
16.68%
1Y
21.77%
3Y*
10.88%
5Y*
6.01%
10Y*
10.54%

ABBV

1D
1.32%
1M
8.05%
YTD
1.30%
6M
3.65%
1Y
23.06%
3Y*
22.39%
5Y*
18.94%
10Y*
19.10%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLB vs. ABBV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XLB
Materials Select Sector SPDR ETF		15.57%9.94%0.15%12.46%-12.30%27.44%20.46%24.13%-14.88%24.01%
ABBV
AbbVie Inc.		1.30%33.08%18.86%-0.23%24.01%32.43%27.72%1.47%-0.96%60.07%

Correlation

The correlation between XLB and ABBV is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2013

0.35

The correlation between XLB and ABBV shifts across timeframes, from 0.20 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Materials Select Sector SPDR ETF

AbbVie Inc.

Often compared with XLB:
XLB vs. REMXXLB vs. VAWXLB vs. XLEXLB vs. SPYXLB vs. FMATXLB vs. XLYXLB vs. XLK
Often compared with ABBV:
ABBV vs. JNJABBV vs. ABTABBV vs. LLYABBV vs. PFEABBV vs. MRKABBV vs. VOOABBV vs. AMGN

Return for Risk

XLB vs. ABBV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XLB
XLB Risk / Return Rank: 3737
Overall Rank
XLB Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
XLB Sortino Ratio Rank: 3737
Sortino Ratio Rank
XLB Omega Ratio Rank: 3434
Omega Ratio Rank
XLB Calmar Ratio Rank: 3838
Calmar Ratio Rank
XLB Martin Ratio Rank: 3737
Martin Ratio Rank
ABBV
ABBV Risk / Return Rank: 6868
Overall Rank
ABBV Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
ABBV Sortino Ratio Rank: 6666
Sortino Ratio Rank
ABBV Omega Ratio Rank: 6565
Omega Ratio Rank
ABBV Calmar Ratio Rank: 6868
Calmar Ratio Rank
ABBV Martin Ratio Rank: 6868
Martin Ratio Rank
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.

XLB vs. ABBV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Materials Select Sector SPDR ETF (XLB) and AbbVie Inc. (ABBV). 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.

XLBABBVDifference
Sharpe ratioReturn per unit of total volatility
1.17
0.92

+0.25

Sortino ratioReturn per unit of downside risk
1.73
1.42

+0.31

Omega ratioGain probability vs. loss probability

1.20

1.18

+0.03

Calmar ratioReturn relative to maximum drawdown

1.65

1.29

+0.36

Martin ratioReturn relative to average drawdown

5.05

2.88

+2.17

XLB vs. ABBV - Sharpe Ratio Comparison

The current XLB Sharpe Ratio is 1.17, which is comparable to the ABBV Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of XLB and ABBV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XLB vs. ABBV - Drawdown Comparison

The maximum XLB drawdown since its inception was -59.83%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for XLB and ABBV.

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Drawdown Indicators

XLBABBVDifference

Max Drawdown

Largest peak-to-trough decline

-59.83%

-45.09%

-14.74%

Max Drawdown (1Y)

Largest decline over 1 year

-12.38%

-17.32%

+4.94%

Max Drawdown (3Y)

Largest decline over 3 years

-23.17%

-20.74%

-2.43%

Max Drawdown (5Y)

Largest decline over 5 years

-24.72%

-21.92%

-2.80%

Max Drawdown (10Y)

Largest decline over 10 years

-37.27%

-45.09%

+7.82%

Current Drawdown

Current decline from peak

-2.25%

-4.60%

+2.35%

Average Drawdown

Average peak-to-trough decline

-10.83%

-10.71%

-0.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.04%

7.75%

-3.71%

Volatility

XLB vs. ABBV - Volatility Comparison

Materials Select Sector SPDR ETF (XLB) has a higher volatility of 7.05% compared to AbbVie Inc. (ABBV) at 6.10%. This indicates that XLB's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XLBABBVDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.05%

6.10%

+0.95%

Volatility (6M)

Calculated over the trailing 6-month period

13.58%

17.85%

-4.27%

Volatility (1Y)

Calculated over the trailing 1-year period

17.49%

24.31%

-6.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.06%

22.89%

-3.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.70%

25.73%

-5.03%

Dividends

XLB vs. ABBV - Dividend Comparison

XLB's dividend yield for the trailing twelve months is around 1.68%, less than ABBV's 2.96% yield.

PositionTTM20252024202320222021202020192018201720162015
ABBV
AbbVie Inc.		2.96%2.87%3.49%3.82%3.49%3.84%4.41%4.83%3.89%2.65%3.64%3.41%
XLB
Materials Select Sector SPDR ETF		1.68%1.92%1.92%2.00%2.26%1.62%1.72%1.98%2.20%1.66%1.95%2.24%

Frequently Asked Questions

XLB and ABBV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XLB has higher volatility (7.05%) compared to ABBV (6.10%). In terms of maximum drawdown, XLB dropped -59.83% vs ABBV's -45.09%.

XLB currently has the higher Sharpe Ratio (1.17 vs 0.92), 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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