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XLY vs. DHS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLY vs. DHS

Last updated Jun 12, 2026

XLY (Consumer Discretionary Select Sector SPDR Fund) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - XLY is a Consumer Discretionary Equities fund tracking the Consumer Discretionary Select Sector Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, XLY returned 12.72%/yr vs 9.75%/yr for DHS. A 0.68 correlation means they provide meaningful diversification when combined. XLY charges 0.13%/yr vs 0.38%/yr for DHS.

Performance

XLY vs. DHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Consumer Discretionary Select Sector SPDR Fund (XLY) and WisdomTree US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLY achieves a -2.41% return, which is significantly lower than DHS's 12.81% return. Over the past 10 years, XLY has outperformed DHS with an annualized return of 12.72%, while DHS has yielded a comparatively lower 9.75% annualized return.

XLY

1D
2.48%
1M
-1.68%
YTD
-2.41%
6M
-2.84%
1Y
9.18%
3Y*
13.28%
5Y*
6.94%
10Y*
12.72%

DHS

1D
0.56%
1M
2.48%
YTD
12.81%
6M
12.76%
1Y
22.47%
3Y*
16.75%
5Y*
11.12%
10Y*
9.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLY vs. DHS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XLY
Consumer Discretionary Select Sector SPDR Fund		-2.41%7.37%26.51%39.64%-36.27%27.93%29.63%28.39%1.58%22.82%
DHS
WisdomTree US High Dividend Fund		12.81%12.87%18.02%-0.19%7.97%23.20%-5.70%22.59%-7.41%11.69%

Correlation

The correlation between XLY and DHS is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.36

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

0.41

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

0.46

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

0.55

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2006

0.68

Over the past year, the correlation between XLY and DHS has dropped to 0.36 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

XLY vs. DHS - Sectors Allocation Comparison

Sectors
XLY
DHS

Consumer Cyclical

97.6%
5.0%

Communication Services

1.3%
9.3%

Technology

0.9%
3.7%

Industrials

0.1%
4.1%

Basic Materials

-

1.2%

Consumer Defensive

-

18.7%

Energy

-

9.4%

Financial Services

-

22.3%

Healthcare

-

14.5%

Real Estate

-

2.8%

Utilities

-

9.0%

Consumer Cyclical

XLY
97.6%
DHS
5.0%

Communication Services

XLY
1.3%
DHS
9.3%

Technology

XLY
0.9%
DHS
3.7%

Industrials

XLY
0.1%
DHS
4.1%

Basic Materials

XLY

-

DHS
1.2%

Consumer Defensive

XLY

-

DHS
18.7%

Energy

XLY

-

DHS
9.4%

Financial Services

XLY

-

DHS
22.3%

Healthcare

XLY

-

DHS
14.5%

Real Estate

XLY

-

DHS
2.8%

Utilities

XLY

-

DHS
9.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Consumer Discretionary Select Sector SPDR Fund

WisdomTree US High Dividend Fund

Often compared with XLY:
XLY vs. XLPXLY vs. SPYXLY vs. XRTXLY vs. FDISXLY vs. ^GSPCXLY vs. QQQXLY vs. XLB
Often compared with DHS:
DHS vs. SCHDDHS vs. SPHDDHS vs. DGRODHS vs. JEPIDHS vs. FDVVDHS vs. DTDDHS vs. SPY

Return for Risk

XLY vs. DHS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XLY
XLY Risk / Return Rank: 1919
Overall Rank
XLY Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
XLY Sortino Ratio Rank: 1919
Sortino Ratio Rank
XLY Omega Ratio Rank: 1818
Omega Ratio Rank
XLY Calmar Ratio Rank: 1919
Calmar Ratio Rank
XLY Martin Ratio Rank: 2020
Martin Ratio Rank
DHS
DHS Risk / Return Rank: 8282
Overall Rank
DHS Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
DHS Sortino Ratio Rank: 8888
Sortino Ratio Rank
DHS Omega Ratio Rank: 7979
Omega Ratio Rank
DHS Calmar Ratio Rank: 8181
Calmar Ratio Rank
DHS Martin Ratio Rank: 8181
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.

XLY vs. DHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Consumer Discretionary Select Sector SPDR Fund (XLY) and WisdomTree US High Dividend Fund (DHS). 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.

XLYDHSDifference
Sharpe ratioReturn per unit of total volatility
0.50
2.25

-1.75

Sortino ratioReturn per unit of downside risk
0.83
3.37

-2.53

Omega ratioGain probability vs. loss probability

1.10

1.39

-0.29

Calmar ratioReturn relative to maximum drawdown

0.62

3.58

-2.97

Martin ratioReturn relative to average drawdown

1.89

13.09

-11.20

XLY vs. DHS - Sharpe Ratio Comparison

The current XLY Sharpe Ratio is 0.50, which is lower than the DHS Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of XLY and DHS, 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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Drawdowns

XLY vs. DHS - Drawdown Comparison

The maximum XLY drawdown since its inception was -59.05%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for XLY and DHS.

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Drawdown Indicators

XLYDHSDifference

Max Drawdown

Largest peak-to-trough decline

-59.05%

-67.25%

+8.20%

Max Drawdown (1Y)

Largest decline over 1 year

-14.98%

-6.30%

-8.68%

Max Drawdown (3Y)

Largest decline over 3 years

-26.01%

-11.87%

-14.14%

Max Drawdown (5Y)

Largest decline over 5 years

-39.67%

-15.28%

-24.39%

Max Drawdown (10Y)

Largest decline over 10 years

-39.67%

-37.35%

-2.32%

Current Drawdown

Current decline from peak

-6.41%

-0.00%

-6.41%

Average Drawdown

Average peak-to-trough decline

-9.55%

-9.54%

-0.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.86%

1.72%

+3.14%

Volatility

XLY vs. DHS - Volatility Comparison

Consumer Discretionary Select Sector SPDR Fund (XLY) has a higher volatility of 6.20% compared to WisdomTree US High Dividend Fund (DHS) at 3.07%. This indicates that XLY's price experiences larger fluctuations and is considered to be riskier than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XLYDHSDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

3.07%

+3.13%

Volatility (6M)

Calculated over the trailing 6-month period

13.52%

7.35%

+6.17%

Volatility (1Y)

Calculated over the trailing 1-year period

18.29%

10.02%

+8.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.84%

13.90%

+9.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.08%

16.08%

+6.00%

XLY vs. DHS - Expense Ratio Comparison

XLY has a 0.13% expense ratio, which is lower than DHS's 0.38% expense ratio.

Dividends

XLY vs. DHS - Dividend Comparison

XLY's dividend yield for the trailing twelve months is around 0.77%, less than DHS's 3.27% yield.

PositionTTM20252024202320222021202020192018201720162015
DHS
WisdomTree US High Dividend Fund		3.27%3.32%3.66%4.31%3.42%3.29%4.14%3.69%3.76%3.00%3.25%3.53%
XLY
Consumer Discretionary Select Sector SPDR Fund		0.77%0.79%0.72%0.78%1.00%0.53%0.82%1.28%1.34%1.20%1.71%1.43%

Frequently Asked Questions

XLY and DHS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XLY has higher volatility (6.20%) compared to DHS (3.07%). In terms of maximum drawdown, XLY dropped -59.05% vs DHS's -67.25%.

On 10-year performance, XLY leads with 12.72% vs 9.75% for DHS. On fees, XLY is cheaper at 0.13% per year. On volatility, DHS has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, XLY has performed better with a 12.72% return vs 9.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XLY is cheaper with a 0.13% expense ratio, compared with 0.38% for DHS.

DHS has the higher dividend yield at 3.27%, compared with 0.77% for XLY.

XLY is categorized as Consumer Discretionary Equities, while DHS is Large Cap Value Equities. XLY tracks Consumer Discretionary Select Sector Index, while DHS tracks WisdomTree U.S. High Dividend Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.13% for XLY and 0.38% for DHS.

DHS currently has the higher Sharpe Ratio (2.25 vs 0.50), 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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