XRT vs. IEDI

Last updated Jun 4, 2026

XRT (SPDR S&P Retail ETF) and IEDI (iShares Evolved U.S. Discretionary Spending ETF) are both Consumer Discretionary Equities funds. XRT is passively managed, while IEDI is actively managed. Over the past 5 years, XRT returned -0.84%/yr vs 6.11%/yr for IEDI. A 0.77 correlation means they provide meaningful diversification when combined. XRT charges 0.35%/yr vs 0.18%/yr for IEDI.

Performance

XRT vs. IEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Retail ETF (XRT) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XRT having a -1.99% return and IEDI slightly higher at -1.90%.

XRT

• 1D: -0.39%
• 1M: -0.29%
• YTD: -1.99%
• 6M: -2.00%
• 1Y: 8.44%
• 3Y*: 13.38%
• 5Y*: -0.84%
• 10Y*: 8.56%

IEDI

• 1D: 0.44%
• 1M: -3.26%
• YTD: -1.90%
• 6M: -2.73%
• 1Y: 0.05%
• 3Y*: 13.10%
• 5Y*: 6.11%
• 10Y*: —

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

XRT vs. IEDI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XRT SPDR S&P Retail ETF	-1.99%	8.07%	11.78%	21.53%	-31.64%	42.60%	41.91%	14.12%	-3.56%
IEDI iShares Evolved U.S. Discretionary Spending ETF	-1.90%	4.05%	22.11%	24.32%	-23.17%	21.19%	29.83%	31.07%	0.71%

Correlation

The correlation between XRT and IEDI is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 26, 2018	0.77

The correlation between XRT and IEDI has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

XRT vs. IEDI - Sectors Allocation Comparison

Sectors	XRT	IEDI
Consumer Cyclical	73.6%	64.1%
Consumer Defensive	20.9%	24.8%
Communication Services	1.4%	2.1%
Healthcare	1.4%	0.2%
Technology	1.4%	3.1%
Energy	1.4%	0.1%
Basic Materials	-	-
Financial Services	-	1.9%
Industrials	-	3.5%
Real Estate	-	0.4%
Utilities	-	-

Return for Risk

XRT vs. IEDI — Risk / Return Rank

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

XRT

XRT Risk / Return Rank: 15
XRT Sharpe Ratio Rank: 15
XRT Sortino Ratio Rank: 15
XRT Omega Ratio Rank: 14
XRT Calmar Ratio Rank: 16
XRT Martin Ratio Rank: 16

IEDI

IEDI Risk / Return Rank: 9
IEDI Sharpe Ratio Rank: 9
IEDI Sortino Ratio Rank: 8
IEDI Omega Ratio Rank: 8
IEDI Calmar Ratio Rank: 9
IEDI Martin Ratio Rank: 9

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.

XRT vs. IEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Retail ETF (XRT) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). 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.

	XRT	IEDI	Difference
Sharpe ratio: Return per unit of total volatility	0.42	0.00	+0.41
Sortino ratio: Return per unit of downside risk	0.76	0.11	+0.65
Omega ratio: Gain probability vs. loss probability	1.08	1.01	+0.07
Calmar ratio: Return relative to maximum drawdown	0.63	0.01	+0.62
Martin ratio: Return relative to average drawdown	1.45	0.01	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XRT vs. IEDI - Sharpe Ratio Comparison

The current XRT Sharpe Ratio is 0.42, which is higher than the IEDI Sharpe Ratio of 0.00. The chart below compares the historical Sharpe Ratios of XRT and IEDI, 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

	XRT	IEDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	0.00	+0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.34	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.60	-0.26

Drawdowns

XRT vs. IEDI - Drawdown Comparison

The maximum XRT drawdown since its inception was -65.81%, which is greater than IEDI's maximum drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for XRT and IEDI.

Drawdown Indicators

	XRT	IEDI	Difference
Max Drawdown Largest peak-to-trough decline	-65.81%	-30.60%	-35.21%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-9.44%	-4.09%
Max Drawdown (3Y) Largest decline over 3 years	-25.62%	-18.64%	-6.98%
Max Drawdown (5Y) Largest decline over 5 years	-44.57%	-29.79%	-14.78%
Max Drawdown (10Y) Largest decline over 10 years	-47.02%	—	—
Current Drawdown Current decline from peak	-13.82%	-7.63%	-6.19%
Average Drawdown Average peak-to-trough decline	-15.00%	-6.93%	-8.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.85%	3.85%	+2.00%

Volatility

XRT vs. IEDI - Volatility Comparison

SPDR S&P Retail ETF (XRT) has a higher volatility of 6.50% compared to iShares Evolved U.S. Discretionary Spending ETF (IEDI) at 3.95%. This indicates that XRT's price experiences larger fluctuations and is considered to be riskier than IEDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRT	IEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	3.95%	+2.55%
Volatility (6M) Calculated over the trailing 6-month period	13.63%	10.19%	+3.44%
Volatility (1Y) Calculated over the trailing 1-year period	20.42%	13.46%	+6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.90%	18.21%	+8.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.16%	19.45%	+7.71%

XRT vs. IEDI - Expense Ratio Comparison

XRT has a 0.35% expense ratio, which is higher than IEDI's 0.18% expense ratio.

Dividends

XRT vs. IEDI - Dividend Comparison

XRT's dividend yield for the trailing twelve months is around 0.83%, less than IEDI's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.99%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%	0.00%	0.00%	0.00%
XRT SPDR S&P Retail ETF	0.83%	0.77%	1.52%	1.40%	2.15%	1.55%	1.01%	1.57%	1.51%	1.52%	1.36%	1.30%

Frequently Asked Questions

Can I hold both XRT and IEDI in my portfolio?

XRT and IEDI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XRT or IEDI?

XRT has higher volatility (6.50%) compared to IEDI (3.95%). In terms of maximum drawdown, XRT dropped -65.81% vs IEDI's -30.60%.

Which ETF is better, XRT or IEDI?

On 5-year performance, IEDI leads with 6.11% vs -0.84% for XRT. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XRT or IEDI?

Over the 5-year period, IEDI has performed better with a 6.11% return vs -0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XRT or IEDI?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.35% for XRT.

Which ETF pays a higher dividend yield, XRT or IEDI?

IEDI has the higher dividend yield at 0.99%, compared with 0.83% for XRT.

What is the main difference between XRT and IEDI?

They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XRT and 0.18% for IEDI.

Which has better risk-adjusted returns?

XRT currently has the higher Sharpe Ratio (0.42 vs 0.00), 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.