XLSR vs. SPY
Compare and contrast key facts about SPDR SSGA US Sector Rotation ETF (XLSR) and SPDR S&P 500 ETF (SPY).
XLSR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLSR is an actively managed fund by State Street. It was launched on Apr 2, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLSR or SPY.
Key characteristics
| XLSR | SPY | |
|---|---|---|
| YTD Return | 11.72% | 18.86% |
| 1Y Return | 19.45% | 28.13% |
| 3Y Return (Ann) | 6.96% | 9.87% |
| 5Y Return (Ann) | 12.67% | 15.23% |
| Sharpe Ratio | 1.41 | 2.21 |
| Daily Std Dev | 13.76% | 12.60% |
| Max Drawdown | -32.94% | -55.19% |
| Current Drawdown | -2.50% | -0.61% |
Correlation
The correlation between XLSR and SPY is 0.97, 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
XLSR vs. SPY - Performance Comparison
In the year-to-date period, XLSR achieves a 11.72% return, which is significantly lower than SPY's 18.86% 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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XLSR vs. SPY - Expense Ratio Comparison
XLSR has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
XLSR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA US Sector Rotation ETF (XLSR) and SPDR S&P 500 ETF (SPY). 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
XLSR vs. SPY - Dividend Comparison
XLSR's dividend yield for the trailing twelve months is around 0.84%, less than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLSR SPDR SSGA US Sector Rotation ETF | 0.36% | 1.04% | 1.80% | 6.06% | 1.25% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
XLSR vs. SPY - Drawdown Comparison
The maximum XLSR drawdown since its inception was -32.94%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XLSR and SPY. For additional features, visit the drawdowns tool.
Volatility
XLSR vs. SPY - Volatility Comparison
SPDR SSGA US Sector Rotation ETF (XLSR) has a higher volatility of 4.59% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that XLSR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.