XLG vs. O
XLG (Invesco S&P 500 Top 50 ETF) is S&P 500 fund tracking the S&P 500 Top 50 Index, while O (Realty Income Corporation) is a stock. Over the past 10 years, XLG returned 17.23%/yr vs 4.82%/yr for O. At a 0.40 correlation, their price movements are largely independent.
Performance
XLG vs. O - Performance Comparison
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Returns By Period
In the year-to-date period, XLG achieves a 5.56% return, which is significantly lower than O's 12.65% return. Over the past 10 years, XLG has outperformed O with an annualized return of 17.23%, while O has yielded a comparatively lower 4.82% annualized return.
XLG
- 1D
- 1.88%
- 1M
- -1.70%
- YTD
- 5.56%
- 6M
- 6.64%
- 1Y
- 25.51%
- 3Y*
- 22.53%
- 5Y*
- 15.57%
- 10Y*
- 17.23%
O
- 1D
- -0.92%
- 1M
- 2.12%
- YTD
- 12.65%
- 6M
- 9.85%
- 1Y
- 13.82%
- 3Y*
- 6.15%
- 5Y*
- 3.87%
- 10Y*
- 4.82%
XLG vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLG Invesco S&P 500 Top 50 ETF | 5.56% | 19.51% | 33.49% | 38.16% | -24.29% | 30.77% | 24.15% | 32.04% | -3.59% | 23.04% |
O Realty Income Corporation | 12.65% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between XLG and O is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 10, 2005 | 0.40 |
The correlation between XLG and O shifts across timeframes, from -0.16 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XLG vs. O — Risk / Return Rank
XLG
O
XLG vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Top 50 ETF (XLG) and Realty Income Corporation (O). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLG | O | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.15 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 1.25 | +0.81 |
| Martin ratioReturn relative to average drawdown | 7.55 | 3.01 | +4.54 |
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Drawdowns
XLG vs. O - Drawdown Comparison
The maximum XLG drawdown since its inception was -52.39%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for XLG and O.
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Drawdown Indicators
| XLG | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.39% | -48.45% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -11.10% | -1.31% |
Max Drawdown (3Y)Largest decline over 3 years | -20.70% | -26.49% | +5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -28.02% | -34.48% | +6.46% |
Max Drawdown (10Y)Largest decline over 10 years | -30.46% | -48.28% | +17.82% |
Current DrawdownCurrent decline from peak | -3.28% | -6.81% | +3.53% |
Average DrawdownAverage peak-to-trough decline | -7.64% | -9.20% | +1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 4.60% | -1.21% |
Volatility
XLG vs. O - Volatility Comparison
The current volatility for Invesco S&P 500 Top 50 ETF (XLG) is 4.58%, while Realty Income Corporation (O) has a volatility of 5.35%. This indicates that XLG experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XLG | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 5.35% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 10.57% | 11.99% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.78% | 16.26% | -2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.76% | 18.92% | -0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.88% | 25.65% | -6.77% |
Dividends
XLG vs. O - Dividend Comparison
XLG's dividend yield for the trailing twelve months is around 0.61%, less than O's 5.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.21% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
XLG Invesco S&P 500 Top 50 ETF | 0.61% | 0.64% | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% |
Frequently Asked Questions
XLG and O have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.35%) compared to XLG (4.58%). In terms of maximum drawdown, XLG dropped -52.39% vs O's -48.45%.
XLG currently has the higher Sharpe Ratio (1.86 vs 0.86), 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.
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