XLK vs. CALM
XLK (State Street Technology Select Sector SPDR ETF) is Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index, while CALM (Cal-Maine Foods, Inc.) is a stock. Over the past 10 years, XLK returned 23.89%/yr vs 11.14%/yr for CALM. At a 0.20 correlation, their price movements are largely independent.
Performance
XLK vs. CALM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLK achieves a 22.34% return, which is significantly higher than CALM's 12.61% return. Over the past 10 years, XLK has outperformed CALM with an annualized return of 23.89%, while CALM has yielded a comparatively lower 11.14% annualized return.
XLK
- 1D
- 0.07%
- 1M
- -8.11%
- 6M
- 20.96%
- YTD
- 22.34%
- 1Y
- 35.41%
- 3Y*
- 26.73%
- 5Y*
- 19.16%
- 10Y*
- 23.89%
- ALL TIME*
- 10.23%
CALM
- 1D
- -0.15%
- 1M
- 13.75%
- 6M
- 14.99%
- YTD
- 12.61%
- 1Y
- -12.17%
- 3Y*
- 32.96%
- 5Y*
- 27.18%
- 10Y*
- 11.14%
- ALL TIME*
- 16.59%
XLK vs. CALM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLK State Street Technology Select Sector SPDR ETF | 22.34% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
CALM Cal-Maine Foods, Inc. | 12.61% | -15.61% | 87.00% | 14.48% | 51.87% | -1.38% | -12.19% | 2.09% | -3.90% | 0.62% |
Correlation
The correlation between XLK and CALM is -0.14, 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 | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.20 |
The correlation between XLK and CALM shifts across timeframes, from -0.14 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XLK vs. CALM — Risk / Return Rank
XLK
CALM
XLK vs. CALM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR ETF (XLK) and Cal-Maine Foods, Inc. (CALM). 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.
| XLK | CALM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.96 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | -0.33 | +2.56 |
| Martin ratioReturn relative to average drawdown | 6.53 | -0.48 | +7.01 |
Loading charts...
Drawdowns
XLK vs. CALM - Drawdown Comparison
The maximum XLK drawdown since its inception was -82.05%, which is greater than CALM's maximum drawdown of -74.08%. Use the drawdown chart below to compare losses from any high point for XLK and CALM.
Loading charts...
Drawdown Indicators
| XLK | CALM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.05% | -74.08% | -7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -15.92% | -37.00% | +21.08% |
Max Drawdown (3Y)Largest decline over 3 years | -25.66% | -37.00% | +11.34% |
Max Drawdown (5Y)Largest decline over 5 years | -33.56% | -37.00% | +3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -33.56% | -39.12% | +5.56% |
Current DrawdownCurrent decline from peak | -11.25% | -22.07% | +10.82% |
Average DrawdownAverage peak-to-trough decline | -34.83% | -30.30% | -4.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | 25.41% | -19.98% |
Volatility
XLK vs. CALM - Volatility Comparison
The current volatility for State Street Technology Select Sector SPDR ETF (XLK) is 9.59%, while Cal-Maine Foods, Inc. (CALM) has a volatility of 10.98%. This indicates that XLK experiences smaller price fluctuations and is considered to be less risky than CALM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XLK | CALM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 10.98% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 20.94% | 21.51% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 34.08% | -9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.57% | 32.84% | -7.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.81% | 31.24% | -6.43% |
Dividends
XLK vs. CALM - Dividend Comparison
XLK's dividend yield for the trailing twelve months is around 0.45%, less than CALM's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | 5.43% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
XLK State Street Technology Select Sector SPDR ETF | 0.45% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
XLK and CALM have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CALM has higher volatility (10.98%) compared to XLK (9.59%). In terms of maximum drawdown, XLK dropped -82.05% vs CALM's -74.08%.
XLK currently has the higher Sharpe Ratio (1.45 vs -0.36), 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.
Find the right allocation for XLK and CALM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer