XLC vs. VOX
Compare and contrast key facts about Communication Services Select Sector SPDR Fund (XLC) and Vanguard Communication Services ETF (VOX).
XLC and VOX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLC is a passively managed fund by State Street that tracks the performance of the S&P Communication Services Select Sector Index. It was launched on Jun 18, 2018. VOX is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. It was launched on Sep 23, 2004. Both XLC and VOX 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: XLC or VOX.
Key characteristics
| XLC | VOX | |
|---|---|---|
| YTD Return | 10.69% | 10.95% |
| 1Y Return | 40.53% | 38.66% |
| 3Y Return (Ann) | 2.32% | -0.49% |
| 5Y Return (Ann) | 10.86% | 9.02% |
| Sharpe Ratio | 2.29 | 2.15 |
| Daily Std Dev | 16.68% | 16.96% |
| Max Drawdown | -46.66% | -57.18% |
| Current Drawdown | -4.40% | -11.07% |
Correlation
The correlation between XLC and VOX is 0.98, 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
XLC vs. VOX - Performance Comparison
The year-to-date returns for both investments are quite close, with XLC having a 10.69% return and VOX slightly higher at 10.95%. 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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XLC vs. VOX - Expense Ratio Comparison
XLC has a 0.13% expense ratio, which is higher than VOX's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XLC vs. VOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Communication Services Select Sector SPDR Fund (XLC) and Vanguard Communication Services ETF (VOX). 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
XLC vs. VOX - Dividend Comparison
XLC's dividend yield for the trailing twelve months is around 0.82%, less than VOX's 0.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLC Communication Services Select Sector SPDR Fund | 0.82% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOX Vanguard Communication Services ETF | 0.95% | 1.03% | 0.88% | 0.93% | 0.73% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% | 2.66% | 3.88% |
Drawdowns
XLC vs. VOX - Drawdown Comparison
The maximum XLC drawdown since its inception was -46.66%, smaller than the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for XLC and VOX. For additional features, visit the drawdowns tool.
Volatility
XLC vs. VOX - Volatility Comparison
Communication Services Select Sector SPDR Fund (XLC) and Vanguard Communication Services ETF (VOX) have volatilities of 6.33% and 6.63%, 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.