XLB vs. GNR
Compare and contrast key facts about Materials Select Sector SPDR ETF (XLB) and SPDR S&P Global Natural Resources ETF (GNR).
XLB and GNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GNR is a passively managed fund by State Street that tracks the performance of the S&P Global Natural Resources Index. It was launched on Sep 13, 2010. Both XLB and GNR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLB or GNR.
Key characteristics
| XLB | GNR | |
|---|---|---|
| YTD Return | 4.38% | 3.35% |
| 1Y Return | 15.59% | 8.38% |
| 3Y Return (Ann) | 4.29% | 7.60% |
| 5Y Return (Ann) | 11.59% | 8.68% |
| 10Y Return (Ann) | 8.80% | 4.75% |
| Sharpe Ratio | 0.97 | 0.49 |
| Daily Std Dev | 14.72% | 16.32% |
| Max Drawdown | -59.83% | -51.37% |
| Current Drawdown | -4.40% | -3.08% |
Correlation
The correlation between XLB and GNR is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XLB vs. GNR - Performance Comparison
In the year-to-date period, XLB achieves a 4.38% return, which is significantly higher than GNR's 3.35% return. Over the past 10 years, XLB has outperformed GNR with an annualized return of 8.80%, while GNR has yielded a comparatively lower 4.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLB vs. GNR - Expense Ratio Comparison
XLB has a 0.13% expense ratio, which is lower than GNR's 0.40% expense ratio.
Risk-Adjusted Performance
XLB vs. GNR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Materials Select Sector SPDR ETF (XLB) and SPDR S&P Global Natural Resources ETF (GNR). 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.
Dividends
XLB vs. GNR - Dividend Comparison
XLB's dividend yield for the trailing twelve months is around 1.92%, less than GNR's 3.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLB Materials Select Sector SPDR ETF | 1.92% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
GNR SPDR S&P Global Natural Resources ETF | 3.26% | 3.37% | 4.37% | 3.44% | 2.78% | 3.84% | 3.51% | 2.40% | 2.06% | 4.59% | 2.59% | 2.46% |
Drawdowns
XLB vs. GNR - Drawdown Comparison
The maximum XLB drawdown since its inception was -59.83%, which is greater than GNR's maximum drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for XLB and GNR. For additional features, visit the drawdowns tool.
Volatility
XLB vs. GNR - Volatility Comparison
Materials Select Sector SPDR ETF (XLB) and SPDR S&P Global Natural Resources ETF (GNR) have volatilities of 3.56% and 3.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.