XLU vs. JPYUSD=X
XLU (State Street Utilities Select Sector SPDR ETF) is Utilities Equities fund tracking the Utilities Select Sector Index, while JPYUSD=X (JPY/USD) is a currency. Over the past 10 years, XLU returned 9.20%/yr vs -4.19%/yr for JPYUSD=X. At a correlation of -0.06, they often move in opposite directions.
Performance
XLU vs. JPYUSD=X - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLU achieves a 5.04% return, which is significantly higher than JPYUSD=X's -2.12% return. Over the past 10 years, XLU has outperformed JPYUSD=X with an annualized return of 9.20%, while JPYUSD=X has yielded a comparatively lower -4.19% annualized return.
XLU
- 1D
- 1.09%
- 1M
- 1.50%
- YTD
- 5.04%
- 6M
- 5.48%
- 1Y
- 12.50%
- 3Y*
- 13.79%
- 5Y*
- 9.41%
- 10Y*
- 9.20%
JPYUSD=X
- 1D
- 0.10%
- 1M
- -0.82%
- YTD
- -2.12%
- 6M
- -3.07%
- 1Y
- -9.99%
- 3Y*
- -4.30%
- 5Y*
- -7.22%
- 10Y*
- -4.19%
XLU vs. JPYUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLU State Street Utilities Select Sector SPDR ETF | 5.04% | 16.03% | 23.31% | -7.18% | 1.44% | 17.70% | 0.51% | 25.93% | 3.94% | 12.05% |
JPYUSD=X JPY/USD | -2.12% | 0.33% | -10.26% | -7.04% | -12.23% | -10.24% | 5.18% | 0.86% | 2.82% | 3.91% |
Correlation
The correlation between XLU and JPYUSD=X is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | -0.06 |
The correlation between XLU and JPYUSD=X shifts across timeframes, from -0.06 (all time) to 0.15 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XLU vs. JPYUSD=X — Risk / Return Rank
XLU
JPYUSD=X
XLU vs. JPYUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR ETF (XLU) and JPY/USD (JPYUSD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLU | JPYUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.82 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | -0.76 | +2.06 |
| Martin ratioReturn relative to average drawdown | 2.80 | -1.11 | +3.91 |
Loading charts...
Drawdowns
XLU vs. JPYUSD=X - Drawdown Comparison
The maximum XLU drawdown since its inception was -51.98%, roughly equal to the maximum JPYUSD=X drawdown of -52.96%. Use the drawdown chart below to compare losses from any high point for XLU and JPYUSD=X.
Loading charts...
Drawdown Indicators
| XLU | JPYUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.98% | -52.96% | +0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -9.18% | -10.68% | +1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -17.26% | -14.63% | -2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -25.26% | -32.59% | +7.33% |
Max Drawdown (10Y)Largest decline over 10 years | -36.07% | -38.21% | +2.14% |
Current DrawdownCurrent decline from peak | -6.05% | -52.47% | +46.42% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -26.92% | +16.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 6.18% | -1.93% |
Volatility
XLU vs. JPYUSD=X - Volatility Comparison
State Street Utilities Select Sector SPDR ETF (XLU) has a higher volatility of 5.59% compared to JPY/USD (JPYUSD=X) at 0.69%. This indicates that XLU's price experiences larger fluctuations and is considered to be riskier than JPYUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XLU | JPYUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 0.69% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 11.68% | 5.48% | +6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 7.50% | +7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 9.56% | +7.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 8.90% | +10.37% |
Frequently Asked Questions
XLU and JPYUSD=X have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLU has higher volatility (5.59%) compared to JPYUSD=X (0.69%). In terms of maximum drawdown, XLU dropped -51.98% vs JPYUSD=X's -52.96%.
XLU currently has the higher Sharpe Ratio (0.81 vs -1.09), 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.
Find the right allocation for XLU and JPYUSD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer