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XLK vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XLK and FTEC is 0.90, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

XLK vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Technology Select Sector SPDR Fund (XLK) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

550.00%600.00%650.00%700.00%750.00%NovemberDecember2025FebruaryMarchApril
615.74%
617.38%
XLK
FTEC

Key characteristics

Sharpe Ratio

XLK:

0.22

FTEC:

0.39

Sortino Ratio

XLK:

0.51

FTEC:

0.74

Omega Ratio

XLK:

1.07

FTEC:

1.10

Calmar Ratio

XLK:

0.25

FTEC:

0.43

Martin Ratio

XLK:

0.83

FTEC:

1.48

Ulcer Index

XLK:

7.78%

FTEC:

7.84%

Daily Std Dev

XLK:

30.19%

FTEC:

30.21%

Max Drawdown

XLK:

-82.05%

FTEC:

-34.95%

Current Drawdown

XLK:

-15.03%

FTEC:

-16.69%

Returns By Period

In the year-to-date period, XLK achieves a -11.50% return, which is significantly higher than FTEC's -13.22% return. Both investments have delivered pretty close results over the past 10 years, with XLK having a 18.34% annualized return and FTEC not far behind at 18.24%.


XLK

YTD

-11.50%

1M

-5.92%

6M

-10.03%

1Y

4.46%

5Y*

19.37%

10Y*

18.34%

FTEC

YTD

-13.22%

1M

-6.67%

6M

-9.84%

1Y

9.41%

5Y*

19.28%

10Y*

18.24%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XLK vs. FTEC - Expense Ratio Comparison

XLK has a 0.13% expense ratio, which is higher than FTEC's 0.08% 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%.


Expense ratio chart for XLK: current value is 0.13%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLK: 0.13%
Expense ratio chart for FTEC: current value is 0.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FTEC: 0.08%

Risk-Adjusted Performance

XLK vs. FTEC — Risk-Adjusted Performance Rank

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

XLK
The Risk-Adjusted Performance Rank of XLK is 4242
Overall Rank
The Sharpe Ratio Rank of XLK is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of XLK is 4343
Sortino Ratio Rank
The Omega Ratio Rank of XLK is 4343
Omega Ratio Rank
The Calmar Ratio Rank of XLK is 4545
Calmar Ratio Rank
The Martin Ratio Rank of XLK is 4141
Martin Ratio Rank

FTEC
The Risk-Adjusted Performance Rank of FTEC is 5454
Overall Rank
The Sharpe Ratio Rank of FTEC is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FTEC is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FTEC is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FTEC is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FTEC is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XLK vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Technology Select Sector SPDR Fund (XLK) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.


The chart of Sharpe ratio for XLK, currently valued at 0.22, compared to the broader market-1.000.001.002.003.004.00
XLK: 0.22
FTEC: 0.39
The chart of Sortino ratio for XLK, currently valued at 0.51, compared to the broader market-2.000.002.004.006.008.00
XLK: 0.51
FTEC: 0.74
The chart of Omega ratio for XLK, currently valued at 1.07, compared to the broader market0.501.001.502.00
XLK: 1.07
FTEC: 1.10
The chart of Calmar ratio for XLK, currently valued at 0.25, compared to the broader market0.002.004.006.008.0010.0012.00
XLK: 0.25
FTEC: 0.43
The chart of Martin ratio for XLK, currently valued at 0.83, compared to the broader market0.0020.0040.0060.00
XLK: 0.83
FTEC: 1.48

The current XLK Sharpe Ratio is 0.22, which is lower than the FTEC Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of XLK and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.22
0.39
XLK
FTEC

Dividends

XLK vs. FTEC - Dividend Comparison

XLK's dividend yield for the trailing twelve months is around 0.76%, more than FTEC's 0.56% yield.


TTM20242023202220212020201920182017201620152014
XLK
Technology Select Sector SPDR Fund
0.76%0.66%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%
FTEC
Fidelity MSCI Information Technology Index ETF
0.56%0.49%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%

Drawdowns

XLK vs. FTEC - Drawdown Comparison

The maximum XLK drawdown since its inception was -82.05%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for XLK and FTEC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.03%
-16.69%
XLK
FTEC

Volatility

XLK vs. FTEC - Volatility Comparison

Technology Select Sector SPDR Fund (XLK) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 19.05% and 19.51%, 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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
19.05%
19.51%
XLK
FTEC