XLP vs. IYK

Last updated Apr 1, 2026

Compare and contrast key facts about State Street Consumer Staples Select Sector SPDR ETF (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 S&P Consumer Staples Select Sector. 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.

Performance

XLP vs. IYK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Consumer Staples Select Sector SPDR ETF (XLP) and iShares U.S. Consumer Goods ETF (IYK). The values are adjusted to include any dividend payments, if applicable.

XLP vs. IYK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLP State Street Consumer Staples Select Sector SPDR ETF	6.13%	1.52%	12.20%	-0.82%	-0.81%	17.20%	10.11%	27.43%	-8.07%	12.98%
IYK iShares U.S. Consumer Goods ETF	5.13%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%

Returns By Period

In the year-to-date period, XLP achieves a 6.13% return, which is significantly higher than IYK's 5.13% return. Over the past 10 years, XLP has underperformed IYK with an annualized return of 7.17%, while IYK has yielded a comparatively higher 8.81% annualized return.

XLP

• 1D: 0.12%
• 1M: -8.41%
• YTD: 6.13%
• 6M: 6.04%
• 1Y: 3.16%
• 3Y*: 5.99%
• 5Y*: 6.59%
• 10Y*: 7.17%

IYK

• 1D: 0.10%
• 1M: -9.38%
• YTD: 5.13%
• 6M: 3.93%
• 1Y: 0.54%
• 3Y*: 4.51%
• 5Y*: 6.02%
• 10Y*: 8.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLP vs. IYK - Expense Ratio Comparison

XLP has a 0.08% expense ratio, which is lower than IYK's 0.42% expense ratio.

IYK

iShares U.S. Consumer Goods ETF

XLP

State Street Consumer Staples Select Sector SPDR ETF

Return for Risk

XLP vs. IYK — Risk / Return Rank

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

XLP

XLP Risk / Return Rank: 20
XLP Sharpe Ratio Rank: 19
XLP Sortino Ratio Rank: 18
XLP Omega Ratio Rank: 17
XLP Calmar Ratio Rank: 25
XLP Martin Ratio Rank: 22

IYK

IYK Risk / Return Rank: 14
IYK Sharpe Ratio Rank: 13
IYK Sortino Ratio Rank: 12
IYK Omega Ratio Rank: 12
IYK Calmar Ratio Rank: 16
IYK Martin Ratio Rank: 16

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.

XLP vs. IYK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Consumer Staples Select Sector SPDR ETF (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.

	XLP	IYK	Difference
Sharpe ratio Return per unit of total volatility	0.23	0.04	+0.19
Sortino ratio Return per unit of downside risk	0.42	0.15	+0.28
Omega ratio Gain probability vs. loss probability	1.05	1.02	+0.03
Calmar ratio Return relative to maximum drawdown	0.49	0.19	+0.31
Martin ratio Return relative to average drawdown	1.19	0.46	+0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLP vs. IYK - Sharpe Ratio Comparison

The current XLP Sharpe Ratio is 0.23, which is higher than the IYK Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of XLP and IYK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XLP	IYK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.04	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.47	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.57	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.56	-0.13

Correlation

The correlation between XLP and IYK is 0.84, 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.

Dividends

XLP vs. IYK - Dividend Comparison

XLP's dividend yield for the trailing twelve months is around 2.65%, less than IYK's 2.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLP State Street Consumer Staples Select Sector SPDR ETF	2.65%	2.75%	2.77%	2.63%	2.47%	2.28%	2.50%	2.57%	3.04%	2.62%	2.53%	2.52%
IYK iShares U.S. Consumer Goods ETF	2.70%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Drawdowns

XLP vs. IYK - Drawdown Comparison

The maximum XLP drawdown since its inception was -35.90%, smaller than the maximum IYK drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for XLP and IYK.

Drawdown Indicators

	XLP	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-42.64%	+6.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.69%	-10.38%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-16.30%	-15.05%	-1.25%
Max Drawdown (10Y) Largest decline over 10 years	-24.51%	-33.19%	+8.68%
Current Drawdown Current decline from peak	-8.41%	-9.38%	+0.97%
Average Drawdown Average peak-to-trough decline	-7.06%	-5.05%	-2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	4.20%	-0.17%

Volatility

XLP vs. IYK - Volatility Comparison

The current volatility for State Street Consumer Staples Select Sector SPDR ETF (XLP) is 3.93%, while iShares U.S. Consumer Goods ETF (IYK) has a volatility of 4.14%. 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.

Volatility by Period

	XLP	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	4.14%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	9.03%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	13.58%	+0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	12.98%	+0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.69%	15.46%	-0.77%