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XLB vs. GNR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XLB and GNR is 0.71, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

XLB vs. GNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Materials Select Sector SPDR ETF (XLB) and SPDR S&P Global Natural Resources ETF (GNR). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
242.32%
59.01%
XLB
GNR

Key characteristics

Sharpe Ratio

XLB:

-0.24

GNR:

-0.34

Sortino Ratio

XLB:

-0.21

GNR:

-0.34

Omega Ratio

XLB:

0.97

GNR:

0.95

Calmar Ratio

XLB:

-0.20

GNR:

-0.32

Martin Ratio

XLB:

-0.61

GNR:

-0.82

Ulcer Index

XLB:

7.53%

GNR:

8.20%

Daily Std Dev

XLB:

19.44%

GNR:

19.90%

Max Drawdown

XLB:

-59.83%

GNR:

-51.37%

Current Drawdown

XLB:

-14.53%

GNR:

-10.56%

Returns By Period

In the year-to-date period, XLB achieves a -1.34% return, which is significantly lower than GNR's 4.08% return. Over the past 10 years, XLB has outperformed GNR with an annualized return of 7.16%, while GNR has yielded a comparatively lower 4.68% annualized return.


XLB

YTD

-1.34%

1M

-4.68%

6M

-11.19%

1Y

-5.34%

5Y*

12.89%

10Y*

7.16%

GNR

YTD

4.08%

1M

-4.27%

6M

-5.17%

1Y

-7.63%

5Y*

13.03%

10Y*

4.68%

*Annualized

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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.


Expense ratio chart for GNR: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GNR: 0.40%
Expense ratio chart for XLB: current value is 0.13%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLB: 0.13%

Risk-Adjusted Performance

XLB vs. GNR — Risk-Adjusted Performance Rank

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

XLB
The Risk-Adjusted Performance Rank of XLB is 99
Overall Rank
The Sharpe Ratio Rank of XLB is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of XLB is 99
Sortino Ratio Rank
The Omega Ratio Rank of XLB is 99
Omega Ratio Rank
The Calmar Ratio Rank of XLB is 99
Calmar Ratio Rank
The Martin Ratio Rank of XLB is 1010
Martin Ratio Rank

GNR
The Risk-Adjusted Performance Rank of GNR is 77
Overall Rank
The Sharpe Ratio Rank of GNR is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of GNR is 77
Sortino Ratio Rank
The Omega Ratio Rank of GNR is 77
Omega Ratio Rank
The Calmar Ratio Rank of GNR is 55
Calmar Ratio Rank
The Martin Ratio Rank of GNR is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for XLB, currently valued at -0.24, compared to the broader market-1.000.001.002.003.004.00
XLB: -0.24
GNR: -0.34
The chart of Sortino ratio for XLB, currently valued at -0.21, compared to the broader market-2.000.002.004.006.008.00
XLB: -0.21
GNR: -0.34
The chart of Omega ratio for XLB, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
XLB: 0.97
GNR: 0.95
The chart of Calmar ratio for XLB, currently valued at -0.20, compared to the broader market0.002.004.006.008.0010.0012.00
XLB: -0.20
GNR: -0.32
The chart of Martin ratio for XLB, currently valued at -0.61, compared to the broader market0.0020.0040.0060.00
XLB: -0.61
GNR: -0.82

The current XLB Sharpe Ratio is -0.24, which is higher than the GNR Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of XLB and GNR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.00NovemberDecember2025FebruaryMarchApril
-0.24
-0.34
XLB
GNR

Dividends

XLB vs. GNR - Dividend Comparison

XLB's dividend yield for the trailing twelve months is around 2.05%, less than GNR's 4.55% yield.


TTM20242023202220212020201920182017201620152014
XLB
Materials Select Sector SPDR ETF
2.05%1.92%2.00%2.26%1.62%1.72%1.98%2.20%1.66%1.95%2.24%1.97%
GNR
SPDR S&P Global Natural Resources ETF
4.55%4.73%3.37%4.37%3.44%2.78%3.84%3.51%2.40%2.06%4.59%2.59%

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.


-20.00%-15.00%-10.00%-5.00%NovemberDecember2025FebruaryMarchApril
-14.53%
-10.56%
XLB
GNR

Volatility

XLB vs. GNR - Volatility Comparison

Materials Select Sector SPDR ETF (XLB) and SPDR S&P Global Natural Resources ETF (GNR) have volatilities of 13.94% and 13.54%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.94%
13.54%
XLB
GNR