XLP vs. IYK
Compare and contrast key facts about Consumer Staples Select Sector SPDR Fund (XLP) and iShares U.S. Consumer Goods ETF (IYK).
XLP and IYK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000. Both XLP and IYK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLP or IYK.
Key characteristics
| XLP | IYK | |
|---|---|---|
| YTD Return | 6.18% | 4.65% |
| 1Y Return | 1.24% | 4.01% |
| 3Y Return (Ann) | 5.17% | 9.76% |
| 5Y Return (Ann) | 8.88% | 17.87% |
| 10Y Return (Ann) | 8.35% | 14.71% |
| Sharpe Ratio | 0.21 | 0.48 |
| Daily Std Dev | 10.47% | 10.25% |
| Max Drawdown | -35.89% | -39.57% |
| Current Drawdown | -0.58% | -1.54% |
Correlation
The correlation between XLP and IYK is 0.83, 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.
Performance
XLP vs. IYK - Performance Comparison
In the year-to-date period, XLP achieves a 6.18% return, which is significantly higher than IYK's 4.65% return. Over the past 10 years, XLP has underperformed IYK with an annualized return of 8.35%, while IYK has yielded a comparatively higher 14.71% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLP vs. IYK - Expense Ratio Comparison
XLP has a 0.13% expense ratio, which is lower than IYK's 0.42% expense ratio.
Risk-Adjusted Performance
XLP vs. IYK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector SPDR Fund (XLP) and iShares U.S. Consumer Goods ETF (IYK). 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.
Dividends
XLP vs. IYK - Dividend Comparison
XLP's dividend yield for the trailing twelve months is around 2.77%, less than IYK's 7.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLP Consumer Staples Select Sector SPDR Fund | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.52% | 2.40% | 2.39% |
IYK iShares U.S. Consumer Goods ETF | 7.03% | 8.23% | 6.49% | 4.46% | 4.26% | 6.63% | 8.44% | 5.21% | 7.88% | 6.34% | 5.47% | 5.52% |
Drawdowns
XLP vs. IYK - Drawdown Comparison
The maximum XLP drawdown since its inception was -35.89%, smaller than the maximum IYK drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for XLP and IYK. For additional features, visit the drawdowns tool.
Volatility
XLP vs. IYK - Volatility Comparison
The current volatility for Consumer Staples Select Sector SPDR Fund (XLP) is 2.48%, while iShares U.S. Consumer Goods ETF (IYK) has a volatility of 2.99%. This indicates that XLP experiences smaller price fluctuations and is considered to be less risky than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.