XNTK vs. VOX

Last updated Jun 5, 2026

XNTK (SPDR NYSE Technology ETF) and VOX (Vanguard Communication Services ETF) are both Technology Equities funds - XNTK tracks the NYSE Technology Index while VOX tracks the MSCI US Investable Market Telecommunication Services 25/50 Index. Both are passively managed. Over the past 10 years, XNTK returned 25.57%/yr vs 9.36%/yr for VOX. A 0.69 correlation means they provide meaningful diversification when combined. XNTK charges 0.35%/yr vs 0.10%/yr for VOX.

Performance

XNTK vs. VOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR NYSE Technology ETF (XNTK) and Vanguard Communication Services ETF (VOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNTK achieves a 37.92% return, which is significantly higher than VOX's -0.54% return. Over the past 10 years, XNTK has outperformed VOX with an annualized return of 25.57%, while VOX has yielded a comparatively lower 9.36% annualized return.

XNTK

• 1D: -1.00%
• 1M: 18.67%
• YTD: 37.92%
• 6M: 36.17%
• 1Y: 73.92%
• 3Y*: 42.75%
• 5Y*: 21.11%
• 10Y*: 25.57%

VOX

• 1D: 0.86%
• 1M: -1.63%
• YTD: -0.54%
• 6M: 0.42%
• 1Y: 20.31%
• 3Y*: 24.28%
• 5Y*: 7.76%
• 10Y*: 9.36%

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

XNTK vs. VOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XNTK SPDR NYSE Technology ETF	37.92%	38.06%	23.49%	70.13%	-41.07%	17.63%	73.91%	38.08%	-7.13%	40.37%
VOX Vanguard Communication Services ETF	-0.54%	26.27%	33.12%	44.81%	-38.85%	13.83%	29.12%	28.03%	-16.75%	-5.50%

Correlation

The correlation between XNTK and VOX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Sep 30, 2004	0.69

The correlation between XNTK and VOX shifts across timeframes, from 0.55 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.

XNTK vs. VOX - Sectors Allocation Comparison

Sectors	XNTK	VOX
Technology	80.9%	1.2%
Communication Services	9.8%	98.4%
Consumer Cyclical	9.3%	0.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	0.0%
Industrials	-	0.0%
Real Estate	-	0.1%
Utilities	-	-

Return for Risk

XNTK vs. VOX — Risk / Return Rank

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

XNTK

XNTK Risk / Return Rank: 84
XNTK Sharpe Ratio Rank: 91
XNTK Sortino Ratio Rank: 86
XNTK Omega Ratio Rank: 84
XNTK Calmar Ratio Rank: 83
XNTK Martin Ratio Rank: 77

VOX

VOX Risk / Return Rank: 37
VOX Sharpe Ratio Rank: 38
VOX Sortino Ratio Rank: 41
VOX Omega Ratio Rank: 37
VOX Calmar Ratio Rank: 31
VOX Martin Ratio Rank: 38

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. VOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) and Vanguard Communication Services ETF (VOX). 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.

	XNTK	VOX	Difference
Sharpe ratio: Return per unit of total volatility	3.19	1.32	+1.87
Sortino ratio: Return per unit of downside risk	3.80	1.98	+1.82
Omega ratio: Gain probability vs. loss probability	1.51	1.24	+0.27
Calmar ratio: Return relative to maximum drawdown	4.37	1.50	+2.87
Martin ratio: Return relative to average drawdown	14.56	5.74	+8.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNTK vs. VOX - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 3.19, which is higher than the VOX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of XNTK and VOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XNTK	VOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.19	1.32	+1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.37	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	0.45	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.44	+0.01

Drawdowns

XNTK vs. VOX - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than VOX's maximum drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for XNTK and VOX.

Drawdown Indicators

	XNTK	VOX	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-57.18%	-15.20%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-13.56%	-3.44%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-21.15%	-6.96%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-46.76%	-1.52%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	-46.76%	-1.52%
Current Drawdown Current decline from peak	-1.07%	-3.88%	+2.81%
Average Drawdown Average peak-to-trough decline	-21.30%	-11.91%	-9.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	3.55%	+1.54%

Volatility

XNTK vs. VOX - Volatility Comparison

SPDR NYSE Technology ETF (XNTK) has a higher volatility of 7.65% compared to Vanguard Communication Services ETF (VOX) at 4.35%. This indicates that XNTK's price experiences larger fluctuations and is considered to be riskier than VOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNTK	VOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.65%	4.35%	+3.30%
Volatility (6M) Calculated over the trailing 6-month period	18.06%	11.18%	+6.88%
Volatility (1Y) Calculated over the trailing 1-year period	23.31%	15.47%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.90%	21.15%	+6.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.63%	20.89%	+5.74%

XNTK vs. VOX - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is higher than VOX's 0.10% expense ratio.

Dividends

XNTK vs. VOX - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.17%, less than VOX's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOX Vanguard Communication Services ETF	0.99%	0.95%	1.05%	1.03%	0.88%	0.93%	0.73%	0.90%	2.77%	3.83%	2.67%	3.55%
XNTK SPDR NYSE Technology ETF	0.17%	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 VOX in my portfolio?

XNTK and VOX have a correlation of 0.55, 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 VOX?

XNTK has higher volatility (7.65%) compared to VOX (4.35%). In terms of maximum drawdown, XNTK dropped -72.38% vs VOX's -57.18%.

Which ETF is better, XNTK or VOX?

On 10-year performance, XNTK leads with 25.57% vs 9.36% for VOX. On fees, VOX is cheaper at 0.10% per year. On volatility, VOX has been the lower-risk option at 4.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or VOX?

Over the 10-year period, XNTK has performed better with a 25.57% return vs 9.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or VOX?

VOX is cheaper with a 0.10% expense ratio, compared with 0.35% for XNTK.

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

VOX has the higher dividend yield at 0.99%, compared with 0.17% for XNTK.

What is the main difference between XNTK and VOX?

XNTK tracks NYSE Technology Index, while VOX tracks MSCI US Investable Market Telecommunication Services 25/50 Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.35% for XNTK and 0.10% for VOX.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (3.19 vs 1.32), 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.