XNTK vs. RSPC

Last updated Jul 14, 2026

XNTK (State Street SPDR NYSE Technology ETF) and RSPC (Invesco S&P 500 Equal Weight Communication Services ETF) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology Index, while RSPC is a Communications Equities fund tracking the S&P 500 Equal Weight Communication Services Plus Index. Both are passively managed. Over the past 5 years, XNTK returned 18.39%/yr vs -0.13%/yr for RSPC. A 0.62 correlation means they provide meaningful diversification when combined. XNTK charges 0.35%/yr vs 0.40%/yr for RSPC.

Performance

XNTK vs. RSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR NYSE Technology ETF (XNTK) and Invesco S&P 500 Equal Weight Communication Services ETF (RSPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNTK achieves a 28.94% return, which is significantly higher than RSPC's -8.48% return.

XNTK

• 1D: -2.95%
• 1M: -2.95%
• 6M: 24.19%
• YTD: 28.94%
• 1Y: 51.65%
• 3Y*: 35.76%
• 5Y*: 18.39%
• 10Y*: 24.56%

RSPC

• 1D: 0.55%
• 1M: -1.00%
• 6M: -8.33%
• YTD: -8.48%
• 1Y: -1.59%
• 3Y*: 9.23%
• 5Y*: -0.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XNTK vs. RSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XNTK State Street SPDR NYSE Technology ETF	28.94%	38.06%	23.49%	70.13%	-41.07%	17.63%	73.91%	38.08%	-6.28%
RSPC Invesco S&P 500 Equal Weight Communication Services ETF	-8.48%	18.44%	17.98%	17.92%	-29.00%	14.55%	22.14%	21.35%	-11.38%

Correlation

The correlation between XNTK and RSPC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Nov 14, 2018	0.62

Over the past year, the correlation between XNTK and RSPC has dropped to 0.18 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

XNTK vs. RSPC - Sectors Allocation Comparison

Sectors	XNTK	RSPC
Technology	83.3%	10.1%
Communication Services	8.6%	89.9%
Consumer Cyclical	8.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

XNTK vs. RSPC — Risk / Return Rank

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

XNTK

XNTK Risk / Return Rank: 69
XNTK Sharpe Ratio Rank: 73
XNTK Sortino Ratio Rank: 63
XNTK Omega Ratio Rank: 66
XNTK Calmar Ratio Rank: 75
XNTK Martin Ratio Rank: 67

RSPC

RSPC Risk / Return Rank: 8
RSPC Sharpe Ratio Rank: 8
RSPC Sortino Ratio Rank: 7
RSPC Omega Ratio Rank: 7
RSPC Calmar Ratio Rank: 8
RSPC Martin Ratio Rank: 8

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.

XNTK vs. RSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR NYSE Technology ETF (XNTK) and Invesco S&P 500 Equal Weight Communication Services ETF (RSPC). 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.

	XNTK	RSPC	Difference
Sharpe ratio: Return per unit of total volatility	1.85	-0.11	+1.97
Sortino ratio: Return per unit of downside risk	2.33	-0.06	+2.39
Omega ratio: Gain probability vs. loss probability	1.32	0.99	+0.32
Calmar ratio: Return relative to maximum drawdown	3.05	-0.11	+3.16
Martin ratio: Return relative to average drawdown	9.62	-0.25	+9.86

XNTK vs. RSPC - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 1.85, which is higher than the RSPC Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of XNTK and RSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XNTK vs. RSPC - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than RSPC's maximum drawdown of -38.03%. Use the drawdown chart below to compare losses from any high point for XNTK and RSPC.

Drawdown Indicators

	XNTK	RSPC	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-38.03%	-34.35%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-14.71%	-2.29%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-14.71%	-13.40%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-37.73%	-10.55%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	—	—
Current Drawdown Current decline from peak	-8.36%	-11.30%	+2.94%
Average Drawdown Average peak-to-trough decline	-21.23%	-12.69%	-8.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	6.50%	-1.11%

Volatility

XNTK vs. RSPC - Volatility Comparison

State Street SPDR NYSE Technology ETF (XNTK) has a higher volatility of 13.87% compared to Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) at 4.93%. This indicates that XNTK's price experiences larger fluctuations and is considered to be riskier than RSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNTK	RSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.87%	4.93%	+8.94%
Volatility (6M) Calculated over the trailing 6-month period	23.76%	10.28%	+13.48%
Volatility (1Y) Calculated over the trailing 1-year period	28.05%	14.00%	+14.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.78%	18.62%	+10.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.03%	20.71%	+6.32%

XNTK vs. RSPC - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is lower than RSPC's 0.40% expense ratio.

Dividends

XNTK vs. RSPC - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.15%, less than RSPC's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPC Invesco S&P 500 Equal Weight Communication Services ETF	1.79%	1.66%	1.03%	0.98%	1.45%	1.10%	1.05%	0.90%	0.24%	0.00%	0.00%	0.00%
XNTK State Street SPDR NYSE Technology ETF	0.15%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and RSPC in my portfolio?

XNTK and RSPC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNTK or RSPC?

XNTK has higher volatility (13.87%) compared to RSPC (4.93%). In terms of maximum drawdown, XNTK dropped -72.38% vs RSPC's -38.03%.

Which ETF is better, XNTK or RSPC?

On 5-year performance, XNTK leads with 18.39% vs -0.13% for RSPC. On fees, XNTK is cheaper at 0.35% per year. On volatility, RSPC has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or RSPC?

Over the 5-year period, XNTK has performed better with a 18.39% return vs -0.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or RSPC?

XNTK is cheaper with a 0.35% expense ratio, compared with 0.40% for RSPC.

Which ETF pays a higher dividend yield, XNTK or RSPC?

RSPC has the higher dividend yield at 1.79%, compared with 0.15% for XNTK.

What is the main difference between XNTK and RSPC?

XNTK is categorized as Technology Equities, while RSPC is Communications Equities. XNTK tracks NYSE Technology Index, while RSPC tracks S&P 500 Equal Weight Communication Services Plus Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.35% for XNTK and 0.40% for RSPC.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (1.85 vs -0.11), 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.