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XLU vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

XLU vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Utilities Select Sector SPDR ETF (XLU) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLU achieves a 2.66% return, which is significantly higher than BTC-USD's -28.54% return. Over the past 10 years, XLU has underperformed BTC-USD with an annualized return of 8.99%, while BTC-USD has yielded a comparatively higher 59.68% annualized return.


XLU

1D
-1.87%
1M
-2.68%
YTD
2.66%
6M
3.35%
1Y
10.26%
3Y*
12.85%
5Y*
9.10%
10Y*
8.99%

BTC-USD

1D
-1.22%
1M
-22.47%
YTD
-28.54%
6M
-31.02%
1Y
-40.89%
3Y*
33.16%
5Y*
10.82%
10Y*
59.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLU vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
XLU
State Street Utilities Select Sector SPDR ETF
2.66%16.03%23.31%-7.18%1.44%17.70%0.51%25.93%3.94%12.05%
BTC-USD
Bitcoin
-28.54%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between XLU and BTC-USD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.12

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

0.11

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

0.10

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

0.06

Correlation (All Time)
Calculated using the full available price history since Sep 23, 2012

0.03

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Return for Risk

XLU vs. BTC-USD — Risk / Return Rank

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

XLU
XLU Risk / Return Rank: 2222
Overall Rank
XLU Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
XLU Sortino Ratio Rank: 2121
Sortino Ratio Rank
XLU Omega Ratio Rank: 2121
Omega Ratio Rank
XLU Calmar Ratio Rank: 2626
Calmar Ratio Rank
XLU Martin Ratio Rank: 2121
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2828
Overall Rank
BTC-USD Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4646
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1616
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.

XLU vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR ETF (XLU) and Bitcoin (BTC-USD). 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.


XLUBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+1.66

Sortino ratioReturn per unit of downside risk

+2.39

Omega ratioGain probability vs. loss probability

1.13

0.86

+0.27

Calmar ratioReturn relative to maximum drawdown

1.12

-0.80

+1.92

Martin ratioReturn relative to average drawdown

2.47

-1.42

+3.89

XLU vs. BTC-USD - Sharpe Ratio Comparison

The current XLU Sharpe Ratio is 0.71, which is higher than the BTC-USD Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of XLU and BTC-USD, 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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Sharpe Ratios by Period


XLUBTC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.71

-0.95

+1.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.20

+0.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.87

-0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

1.13

-0.73

Drawdowns

XLU vs. BTC-USD - Drawdown Comparison

The maximum XLU drawdown since its inception was -51.98%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for XLU and BTC-USD.


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Drawdown Indicators


XLUBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-51.98%

-85.30%

+33.32%

Max Drawdown (1Y)

Largest decline over 1 year

-9.18%

-51.21%

+42.03%

Max Drawdown (3Y)

Largest decline over 3 years

-17.26%

-51.21%

+33.95%

Max Drawdown (5Y)

Largest decline over 5 years

-25.26%

-76.67%

+51.41%

Max Drawdown (10Y)

Largest decline over 10 years

-36.07%

-83.80%

+47.73%

Current Drawdown

Current decline from peak

-8.18%

-49.86%

+41.68%

Average Drawdown

Average peak-to-trough decline

-10.22%

-42.32%

+32.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.16%

34.46%

-30.30%

Volatility

XLU vs. BTC-USD - Volatility Comparison

The current volatility for State Street Utilities Select Sector SPDR ETF (XLU) is 5.60%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that XLU experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


XLUBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.60%

11.59%

-5.99%

Volatility (6M)

Calculated over the trailing 6-month period

11.70%

34.53%

-22.83%

Volatility (1Y)

Calculated over the trailing 1-year period

14.64%

35.67%

-21.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.34%

44.95%

-27.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.27%

56.71%

-37.44%

Frequently Asked Questions


XLU and BTC-USD have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (11.59%) compared to XLU (5.60%). In terms of maximum drawdown, XLU dropped -51.98% vs BTC-USD's -85.30%.

XLU currently has the higher Sharpe Ratio (0.70 vs -0.95), 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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