XLB vs. J

Last updated Jun 4, 2026

XLB (Materials Select Sector SPDR ETF) is Materials fund tracking the Materials Select Sector Index, while J (Jacobs Engineering Group Inc.) is a stock. Over the past 10 years, XLB returned 10.23%/yr vs 12.07%/yr for J. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

XLB vs. J - Performance Comparison

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

Returns By Period

In the year-to-date period, XLB achieves a 14.35% return, which is significantly higher than J's -7.91% return. Over the past 10 years, XLB has underperformed J with an annualized return of 10.23%, while J has yielded a comparatively higher 12.07% annualized return.

XLB

• 1D: 0.21%
• 1M: 1.93%
• YTD: 14.35%
• 6M: 17.15%
• 1Y: 19.99%
• 3Y*: 11.71%
• 5Y*: 5.35%
• 10Y*: 10.23%

J

• 1D: -0.54%
• 1M: -6.94%
• YTD: -7.91%
• 6M: -12.07%
• 1Y: -2.62%
• 3Y*: 9.81%
• 5Y*: 1.51%
• 10Y*: 12.07%

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

XLB vs. J - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLB Materials Select Sector SPDR ETF	14.35%	9.94%	0.15%	12.46%	-12.30%	27.44%	20.46%	24.13%	-14.88%	24.01%
J Jacobs Engineering Group Inc.	-7.91%	2.13%	24.23%	9.02%	-13.12%	28.60%	22.36%	54.99%	-10.58%	16.98%

Correlation

The correlation between XLB and J is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Dec 23, 1998	0.59

The correlation between XLB and J shifts across timeframes, from 0.41 (1 year) to 0.60 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

XLB vs. J — Risk / Return Rank

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

XLB

XLB Risk / Return Rank: 32
XLB Sharpe Ratio Rank: 32
XLB Sortino Ratio Rank: 32
XLB Omega Ratio Rank: 30
XLB Calmar Ratio Rank: 32
XLB Martin Ratio Rank: 33

J

J Risk / Return Rank: 35
J Sharpe Ratio Rank: 37
J Sortino Ratio Rank: 32
J Omega Ratio Rank: 32
J Calmar Ratio Rank: 38
J Martin Ratio Rank: 37

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. J - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Materials Select Sector SPDR ETF (XLB) and Jacobs Engineering Group Inc. (J). 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	J	Difference
Sharpe ratio: Return per unit of total volatility	1.20	-0.08	+1.28
Sortino ratio: Return per unit of downside risk	1.76	0.10	+1.66
Omega ratio: Gain probability vs. loss probability	1.21	1.01	+0.19
Calmar ratio: Return relative to maximum drawdown	1.62	-0.08	+1.70
Martin ratio: Return relative to average drawdown	5.06	-0.18	+5.23
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. J - Sharpe Ratio Comparison

The current XLB Sharpe Ratio is 1.20, which is higher than the J Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of XLB and J, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XLB	J	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	-0.08	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.06	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.44	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.39	-0.03

Drawdowns

XLB vs. J - Drawdown Comparison

The maximum XLB drawdown since its inception was -59.83%, smaller than the maximum J drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for XLB and J.

Drawdown Indicators

	XLB	J	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-74.14%	+14.31%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-34.44%	+22.06%
Max Drawdown (3Y) Largest decline over 3 years	-23.17%	-34.44%	+11.27%
Max Drawdown (5Y) Largest decline over 5 years	-24.72%	-34.44%	+9.72%
Max Drawdown (10Y) Largest decline over 10 years	-37.27%	-39.33%	+2.06%
Current Drawdown Current decline from peak	-3.28%	-25.64%	+22.36%
Average Drawdown Average peak-to-trough decline	-10.84%	-26.17%	+15.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	14.97%	-11.01%

Volatility

XLB vs. J - Volatility Comparison

The current volatility for Materials Select Sector SPDR ETF (XLB) is 5.73%, while Jacobs Engineering Group Inc. (J) has a volatility of 14.38%. This indicates that XLB experiences smaller price fluctuations and is considered to be less risky than J based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLB	J	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	14.38%	-8.65%
Volatility (6M) Calculated over the trailing 6-month period	12.85%	24.86%	-12.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.78%	31.24%	-14.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.94%	26.02%	-7.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.65%	27.77%	-7.12%

Dividends

XLB vs. J - Dividend Comparison

XLB's dividend yield for the trailing twelve months is around 1.69%, more than J's 1.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
J Jacobs Engineering Group Inc.	1.12%	1.96%	0.76%	0.80%	0.77%	0.60%	0.70%	0.76%	1.03%	0.91%	0.00%	0.00%
XLB Materials Select Sector SPDR ETF	1.69%	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

Can I hold both XLB and J in my portfolio?

XLB and J have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLB or J?

J has higher volatility (14.38%) compared to XLB (5.73%). In terms of maximum drawdown, XLB dropped -59.83% vs J's -74.14%.

Which has better risk-adjusted returns?

XLB currently has the higher Sharpe Ratio (1.20 vs -0.08), 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.