XLB vs. BALL

Last updated Apr 1, 2026

Compare and contrast key facts about Materials Select Sector SPDR ETF (XLB) and Ball Corporation (BALL).

XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998.

Performance

XLB vs. BALL - Performance Comparison

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

XLB vs. BALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLB Materials Select Sector SPDR ETF	10.68%	9.94%	0.15%	12.46%	-12.30%	27.44%	20.46%	24.13%	-14.88%	24.01%
BALL Ball Corporation	11.92%	-2.43%	-2.96%	14.15%	-46.23%	4.12%	45.19%	41.83%	22.65%	1.79%

Returns By Period

In the year-to-date period, XLB achieves a 10.68% return, which is significantly lower than BALL's 11.92% return. Over the past 10 years, XLB has outperformed BALL with an annualized return of 10.45%, while BALL has yielded a comparatively lower 6.26% annualized return.

XLB

• 1D: 1.79%
• 1M: -6.02%
• YTD: 10.68%
• 6M: 12.59%
• 1Y: 18.51%
• 3Y*: 9.53%
• 5Y*: 6.79%
• 10Y*: 10.45%

BALL

• 1D: 1.86%
• 1M: -11.68%
• YTD: 11.92%
• 6M: 18.06%
• 1Y: 15.19%
• 3Y*: 3.81%
• 5Y*: -6.09%
• 10Y*: 6.26%

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

Return for Risk

XLB vs. BALL — Risk / Return Rank

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

XLB

XLB Risk / Return Rank: 54
XLB Sharpe Ratio Rank: 53
XLB Sortino Ratio Rank: 56
XLB Omega Ratio Rank: 49
XLB Calmar Ratio Rank: 58
XLB Martin Ratio Rank: 52

BALL

BALL Risk / Return Rank: 58
BALL Sharpe Ratio Rank: 62
BALL Sortino Ratio Rank: 56
BALL Omega Ratio Rank: 54
BALL Calmar Ratio Rank: 59
BALL 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.

XLB vs. BALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Materials Select Sector SPDR ETF (XLB) and Ball Corporation (BALL). 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.

	XLB	BALL	Difference
Sharpe ratio Return per unit of total volatility	0.89	0.57	+0.32
Sortino ratio Return per unit of downside risk	1.38	1.01	+0.37
Omega ratio Gain probability vs. loss probability	1.18	1.12	+0.05
Calmar ratio Return relative to maximum drawdown	1.35	0.75	+0.60
Martin ratio Return relative to average drawdown	4.72	1.48	+3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLB vs. BALL - Sharpe Ratio Comparison

The current XLB Sharpe Ratio is 0.89, which is higher than the BALL Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of XLB and BALL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XLB	BALL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	0.57	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	-0.20	+0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.22	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.41	-0.05

Correlation

The correlation between XLB and BALL is 0.56, 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.

Dividends

XLB vs. BALL - Dividend Comparison

XLB's dividend yield for the trailing twelve months is around 1.75%, more than BALL's 1.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLB Materials Select Sector SPDR ETF	1.75%	1.92%	1.92%	2.00%	2.26%	1.62%	1.72%	1.98%	2.20%	1.66%	1.95%	2.24%
BALL Ball Corporation	1.35%	1.51%	1.45%	1.39%	1.56%	0.73%	0.64%	0.85%	0.87%	0.96%	0.69%	0.71%

Drawdowns

XLB vs. BALL - Drawdown Comparison

The maximum XLB drawdown since its inception was -59.83%, which is greater than BALL's maximum drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for XLB and BALL.

Drawdown Indicators

	XLB	BALL	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-55.09%	-4.74%
Max Drawdown (1Y) Largest decline over 1 year	-14.64%	-21.96%	+7.32%
Max Drawdown (5Y) Largest decline over 5 years	-24.72%	-55.09%	+30.37%
Max Drawdown (10Y) Largest decline over 10 years	-37.27%	-55.09%	+17.82%
Current Drawdown Current decline from peak	-6.39%	-35.83%	+29.44%
Average Drawdown Average peak-to-trough decline	-10.88%	-16.40%	+5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	11.22%	-7.02%

Volatility

XLB vs. BALL - Volatility Comparison

The current volatility for Materials Select Sector SPDR ETF (XLB) is 6.28%, while Ball Corporation (BALL) has a volatility of 7.60%. This indicates that XLB experiences smaller price fluctuations and is considered to be less risky than BALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLB	BALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.28%	7.60%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	12.53%	18.68%	-6.15%
Volatility (1Y) Calculated over the trailing 1-year period	20.95%	26.78%	-5.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.91%	30.19%	-11.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	28.14%	-7.52%