XLU vs. FUTY
Compare and contrast key facts about Utilities Select Sector SPDR Fund (XLU) and Fidelity MSCI Utilities Index ETF (FUTY).
XLU and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both XLU and FUTY 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: XLU or FUTY.
Performance
XLU vs. FUTY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with XLU having a 28.05% return and FUTY slightly lower at 27.89%. Both investments have delivered pretty close results over the past 10 years, with XLU having a 9.21% annualized return and FUTY not far behind at 9.07%.
XLU
28.05%
-3.60%
11.18%
31.78%
8.14%
9.21%
FUTY
27.89%
-3.37%
10.90%
32.13%
7.67%
9.07%
Key characteristics
| XLU | FUTY | |
|---|---|---|
| Sharpe Ratio | 2.08 | 2.12 |
| Sortino Ratio | 2.85 | 2.91 |
| Omega Ratio | 1.36 | 1.37 |
| Calmar Ratio | 1.67 | 1.68 |
| Martin Ratio | 9.92 | 10.36 |
| Ulcer Index | 3.28% | 3.16% |
| Daily Std Dev | 15.58% | 15.40% |
| Max Drawdown | -52.27% | -36.44% |
| Current Drawdown | -3.60% | -3.37% |
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XLU vs. FUTY - Expense Ratio Comparison
XLU has a 0.13% expense ratio, which is higher than FUTY's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XLU and FUTY is 0.99, 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.
Risk-Adjusted Performance
XLU vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Utilities Select Sector SPDR Fund (XLU) and Fidelity MSCI Utilities Index ETF (FUTY). 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
XLU vs. FUTY - Dividend Comparison
XLU's dividend yield for the trailing twelve months is around 2.79%, more than FUTY's 2.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLU Utilities Select Sector SPDR Fund | 2.79% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.42% | 3.67% | 3.19% | 3.86% |
FUTY Fidelity MSCI Utilities Index ETF | 2.73% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
XLU vs. FUTY - Drawdown Comparison
The maximum XLU drawdown since its inception was -52.27%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for XLU and FUTY. For additional features, visit the drawdowns tool.
Volatility
XLU vs. FUTY - Volatility Comparison
Utilities Select Sector SPDR Fund (XLU) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 5.37% and 5.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.