XLF vs. IYG
Compare and contrast key facts about Financial Select Sector SPDR Fund (XLF) and iShares U.S. Financial Services ETF (IYG).
XLF and IYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. IYG is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Financial Services TR. It was launched on Jun 12, 2000. Both XLF and IYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XLF vs. IYG - Performance Comparison
Loading graphics...
XLF vs. IYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLF Financial Select Sector SPDR Fund | -9.27% | 14.90% | 30.56% | 12.03% | -10.59% | 34.80% | -1.74% | 31.88% | -13.06% | 22.00% |
IYG iShares U.S. Financial Services ETF | -9.82% | 19.85% | 31.94% | 16.07% | -16.76% | 30.36% | 0.99% | 37.62% | -12.56% | 24.47% |
Returns By Period
In the year-to-date period, XLF achieves a -9.27% return, which is significantly higher than IYG's -9.82% return. Over the past 10 years, XLF has underperformed IYG with an annualized return of 12.45%, while IYG has yielded a comparatively higher 13.56% annualized return.
XLF
- 1D
- 0.14%
- 1M
- -3.13%
- YTD
- -9.27%
- 6M
- -6.60%
- 1Y
- 0.91%
- 3Y*
- 17.30%
- 5Y*
- 9.37%
- 10Y*
- 12.45%
IYG
- 1D
- 0.10%
- 1M
- -2.91%
- YTD
- -9.82%
- 6M
- -5.92%
- 1Y
- 6.93%
- 3Y*
- 19.75%
- 5Y*
- 9.12%
- 10Y*
- 13.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XLF vs. IYG - Expense Ratio Comparison
XLF has a 0.13% expense ratio, which is lower than IYG's 0.42% expense ratio.
Return for Risk
XLF vs. IYG — Risk / Return Rank
XLF
IYG
XLF vs. IYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Financial Select Sector SPDR Fund (XLF) and iShares U.S. Financial Services ETF (IYG). 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.
| XLF | IYG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 0.33 | -0.29 |
Sortino ratioReturn per unit of downside risk | 0.19 | 0.58 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.09 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 0.43 | -0.37 |
Martin ratioReturn relative to average drawdown | 0.16 | 1.27 | -1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XLF | IYG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 0.33 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.45 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.58 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.22 | -0.02 |
Correlation
The correlation between XLF and IYG is 0.96, 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.
Dividends
XLF vs. IYG - Dividend Comparison
XLF's dividend yield for the trailing twelve months is around 1.60%, more than IYG's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLF Financial Select Sector SPDR Fund | 1.60% | 1.31% | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 21.10% | 1.95% |
IYG iShares U.S. Financial Services ETF | 1.18% | 1.00% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% |
Drawdowns
XLF vs. IYG - Drawdown Comparison
The maximum XLF drawdown since its inception was -82.69%, roughly equal to the maximum IYG drawdown of -81.84%. Use the drawdown chart below to compare losses from any high point for XLF and IYG.
Loading graphics...
Drawdown Indicators
| XLF | IYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.69% | -81.84% | -0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.79% | -15.90% | +1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -25.81% | -29.62% | +3.81% |
Max Drawdown (10Y)Largest decline over 10 years | -42.86% | -44.32% | +1.46% |
Current DrawdownCurrent decline from peak | -11.89% | -12.96% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -20.10% | -20.83% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 5.31% | -0.35% |
Volatility
XLF vs. IYG - Volatility Comparison
The current volatility for Financial Select Sector SPDR Fund (XLF) is 4.76%, while iShares U.S. Financial Services ETF (IYG) has a volatility of 5.14%. This indicates that XLF experiences smaller price fluctuations and is considered to be less risky than IYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XLF | IYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 5.14% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 11.45% | 12.44% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.25% | 20.88% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.69% | 20.49% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.18% | 23.61% | -1.43% |