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XLK vs. RYCEY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLK vs. RYCEY

Last updated Jun 13, 2026

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 RYCEY (Rolls-Royce Holdings plc) is a stock. Over the past 10 years, XLK returned 25.19%/yr vs 8.49%/yr for RYCEY. At a 0.36 correlation, their price movements are largely independent.

Performance

XLK vs. RYCEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Technology Select Sector SPDR ETF (XLK) and Rolls-Royce Holdings plc (RYCEY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLK achieves a 28.52% return, which is significantly higher than RYCEY's 12.43% return. Over the past 10 years, XLK has outperformed RYCEY with an annualized return of 25.19%, while RYCEY has yielded a comparatively lower 8.49% annualized return.

XLK

1D
0.87%
1M
4.50%
YTD
28.52%
6M
28.96%
1Y
53.24%
3Y*
30.28%
5Y*
22.02%
10Y*
25.19%

RYCEY

1D
1.79%
1M
7.56%
YTD
12.43%
6M
19.66%
1Y
46.06%
3Y*
113.04%
5Y*
61.46%
10Y*
8.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLK vs. RYCEY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XLK
State Street Technology Select Sector SPDR ETF		28.52%24.61%21.63%56.02%-27.73%34.74%43.62%49.86%-1.68%34.26%
RYCEY
Rolls-Royce Holdings plc		12.43%123.64%88.21%253.27%-33.95%2.53%-82.05%-12.69%-7.35%40.70%

Correlation

The correlation between XLK and RYCEY is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.39

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (10Y)
Calculated over the trailing 10-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Jul 7, 2014

0.36

Compare stocks, funds, or ETFs

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State Street Technology Select Sector SPDR ETF

Rolls-Royce Holdings plc

Often compared with XLK:
XLK vs. QQQXLK vs. VGTXLK vs. SMHXLK vs. SPYXLK vs. FTECXLK vs. XLEXLK vs. IYW
Often compared with RYCEY:
RYCEY vs. RR.LRYCEY vs. SMRRYCEY vs. RHM.DERYCEY vs. SPYRYCEY vs. BAESYRYCEY vs. VOORYCEY vs. AAPL

Return for Risk

XLK vs. RYCEY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XLK
XLK Risk / Return Rank: 7676
Overall Rank
XLK Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
XLK Sortino Ratio Rank: 7676
Sortino Ratio Rank
XLK Omega Ratio Rank: 7878
Omega Ratio Rank
XLK Calmar Ratio Rank: 7575
Calmar Ratio Rank
XLK Martin Ratio Rank: 6868
Martin Ratio Rank
RYCEY
RYCEY Risk / Return Rank: 7777
Overall Rank
RYCEY Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
RYCEY Sortino Ratio Rank: 7575
Sortino Ratio Rank
RYCEY Omega Ratio Rank: 7373
Omega Ratio Rank
RYCEY Calmar Ratio Rank: 7878
Calmar Ratio Rank
RYCEY Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLK vs. RYCEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR ETF (XLK) and Rolls-Royce Holdings plc (RYCEY). 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.

XLKRYCEYDifference
Sharpe ratioReturn per unit of total volatility
2.37
1.22

+1.15

Sortino ratioReturn per unit of downside risk
2.92
1.90

+1.02

Omega ratioGain probability vs. loss probability

1.39

1.23

+0.16

Calmar ratioReturn relative to maximum drawdown

3.36

2.13

+1.23

Martin ratioReturn relative to average drawdown

10.85

5.98

+4.88

XLK vs. RYCEY - Sharpe Ratio Comparison

The current XLK Sharpe Ratio is 2.37, which is higher than the RYCEY Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of XLK and RYCEY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XLK vs. RYCEY - Drawdown Comparison

The maximum XLK drawdown since its inception was -82.05%, smaller than the maximum RYCEY drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for XLK and RYCEY.

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Drawdown Indicators

XLKRYCEYDifference

Max Drawdown

Largest peak-to-trough decline

-82.05%

-99.07%

+17.02%

Max Drawdown (1Y)

Largest decline over 1 year

-15.92%

-21.75%

+5.83%

Max Drawdown (3Y)

Largest decline over 3 years

-25.66%

-23.37%

-2.29%

Max Drawdown (5Y)

Largest decline over 5 years

-33.56%

-62.01%

+28.45%

Max Drawdown (10Y)

Largest decline over 10 years

-33.56%

-94.64%

+61.08%

Current Drawdown

Current decline from peak

-6.77%

-77.68%

+70.91%

Average Drawdown

Average peak-to-trough decline

-34.93%

-84.15%

+49.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.92%

7.73%

-2.81%

Volatility

XLK vs. RYCEY - Volatility Comparison

The current volatility for State Street Technology Select Sector SPDR ETF (XLK) is 10.86%, while Rolls-Royce Holdings plc (RYCEY) has a volatility of 12.00%. This indicates that XLK experiences smaller price fluctuations and is considered to be less risky than RYCEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XLKRYCEYDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.86%

12.00%

-1.14%

Volatility (6M)

Calculated over the trailing 6-month period

18.92%

32.70%

-13.78%

Volatility (1Y)

Calculated over the trailing 1-year period

22.55%

37.88%

-15.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.18%

43.48%

-18.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.64%

49.35%

-24.71%

Dividends

XLK vs. RYCEY - Dividend Comparison

XLK's dividend yield for the trailing twelve months is around 0.41%, less than RYCEY's 0.72% yield.

PositionTTM20252024202320222021202020192018201720162015
RYCEY
Rolls-Royce Holdings plc		0.72%0.86%0.00%0.00%0.00%0.00%5.51%1.56%1.32%1.55%4.19%14.44%
XLK
State Street Technology Select Sector SPDR ETF		0.41%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 RYCEY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RYCEY has higher volatility (12.00%) compared to XLK (10.86%). In terms of maximum drawdown, XLK dropped -82.05% vs RYCEY's -99.07%.

XLK currently has the higher Sharpe Ratio (2.37 vs 1.22), 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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