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XLK vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

XLK vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Technology Select Sector SPDR ETF (XLK) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


XLK

1D
2.15%
1M
4.93%
YTD
28.09%
6M
25.10%
1Y
55.42%
3Y*
31.33%
5Y*
22.26%
10Y*
25.04%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLK vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
XLK
State Street Technology Select Sector SPDR ETF
28.09%24.61%21.63%56.02%-27.73%34.74%43.62%49.86%-1.68%34.26%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

XLK vs. USD=X — Risk / Return Rank

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

XLK
XLK Risk / Return Rank: 7777
Overall Rank
XLK Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XLK Sortino Ratio Rank: 7676
Sortino Ratio Rank
XLK Omega Ratio Rank: 7979
Omega Ratio Rank
XLK Calmar Ratio Rank: 7676
Calmar Ratio Rank
XLK Martin Ratio Rank: 6969
Martin Ratio Rank

USD=X
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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR ETF (XLK) and USD Cash (USD=X). 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.


XLKUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.42

Calmar ratioReturn relative to maximum drawdown

3.50

Martin ratioReturn relative to average drawdown

11.58

XLK vs. USD=X - Sharpe Ratio Comparison


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Sharpe Ratios by Period


XLKUSD=XDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

Drawdowns

XLK vs. USD=X - Drawdown Comparison

The maximum XLK drawdown since its inception was -82.05%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XLK and USD=X.


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Drawdown Indicators


XLKUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-82.05%

0.00%

-82.05%

Max Drawdown (1Y)

Largest decline over 1 year

-15.92%

0.00%

-15.92%

Max Drawdown (3Y)

Largest decline over 3 years

-25.66%

0.00%

-25.66%

Max Drawdown (5Y)

Largest decline over 5 years

-33.56%

0.00%

-33.56%

Max Drawdown (10Y)

Largest decline over 10 years

-33.56%

0.00%

-33.56%

Current Drawdown

Current decline from peak

-7.08%

0.00%

-7.08%

Average Drawdown

Average peak-to-trough decline

-34.95%

0.00%

-34.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.80%

0.00%

+4.80%

Volatility

XLK vs. USD=X - Volatility Comparison

State Street Technology Select Sector SPDR ETF (XLK) has a higher volatility of 10.42% compared to USD Cash (USD=X) at 0.00%. This indicates that XLK's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


XLKUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.42%

0.00%

+10.42%

Volatility (6M)

Calculated over the trailing 6-month period

18.32%

0.00%

+18.32%

Volatility (1Y)

Calculated over the trailing 1-year period

22.08%

0.00%

+22.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.10%

0.00%

+25.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.60%

0.00%

+24.60%

Frequently Asked Questions


XLK has higher volatility (10.42%) compared to USD=X (0.00%). In terms of maximum drawdown, XLK dropped -82.05% vs USD=X's 0.00%.

Portfolio Optimizer

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