XRT vs. IYK

Last updated Jun 23, 2026

XRT (SPDR S&P Retail ETF) and IYK (iShares U.S. Consumer Goods ETF) are both exchange-traded funds - XRT is a Consumer Discretionary Equities fund tracking the S&P Retail Select Industry, while IYK is a Consumer Staples Equities fund tracking the Dow Jones U.S. Consumer Goods Index. Both are passively managed. Over the past 10 years, XRT returned 9.22%/yr vs 9.22%/yr for IYK. A 0.59 correlation means they provide meaningful diversification when combined. XRT charges 0.35%/yr vs 0.42%/yr for IYK.

Performance

XRT vs. IYK - Performance Comparison

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

Returns By Period

In the year-to-date period, XRT achieves a 0.75% return, which is significantly lower than IYK's 7.31% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: XRT at 9.22% and IYK at 9.22%.

XRT

• 1D: -0.80%
• 1M: 3.82%
• YTD: 0.75%
• 6M: -1.40%
• 1Y: 12.23%
• 3Y*: 12.77%
• 5Y*: -0.81%
• 10Y*: 9.22%

IYK

• 1D: -0.68%
• 1M: -1.92%
• YTD: 7.31%
• 6M: 7.00%
• 1Y: 4.22%
• 3Y*: 5.03%
• 5Y*: 6.13%
• 10Y*: 9.22%

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

XRT vs. IYK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XRT SPDR S&P Retail ETF	0.75%	8.07%	11.78%	21.53%	-31.64%	42.60%	41.91%	14.12%	-8.04%	4.22%
IYK iShares U.S. Consumer Goods ETF	7.31%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%

Correlation

The correlation between XRT and IYK is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006	0.59

Over the past year, the correlation between XRT and IYK has dropped to 0.24 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

XRT vs. IYK - Sectors Allocation Comparison

Sectors	XRT	IYK
Consumer Cyclical	76.5%	1.4%
Consumer Defensive	19.2%	85.2%
Communication Services	1.5%	-
Technology	1.4%	-
Energy	1.3%	-
Healthcare	1.3%	10.7%
Basic Materials	-	2.6%
Financial Services	-	-
Industrials	-	0.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

XRT vs. IYK — Risk / Return Rank

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

XRT

XRT Risk / Return Rank: 19
XRT Sharpe Ratio Rank: 18
XRT Sortino Ratio Rank: 19
XRT Omega Ratio Rank: 17
XRT Calmar Ratio Rank: 20
XRT Martin Ratio Rank: 19

IYK

IYK Risk / Return Rank: 12
IYK Sharpe Ratio Rank: 13
IYK Sortino Ratio Rank: 12
IYK Omega Ratio Rank: 12
IYK Calmar Ratio Rank: 13
IYK Martin Ratio Rank: 12

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. IYK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Retail ETF (XRT) and iShares U.S. Consumer Goods ETF (IYK). 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.

	XRT	IYK	Difference
Sharpe ratio: Return per unit of total volatility	0.60	0.33	+0.26
Sortino ratio: Return per unit of downside risk	1.02	0.56	+0.46
Omega ratio: Gain probability vs. loss probability	1.11	1.06	+0.05
Calmar ratio: Return relative to maximum drawdown	0.91	0.40	+0.51
Martin ratio: Return relative to average drawdown	2.06	0.81	+1.24

XRT vs. IYK - Sharpe Ratio Comparison

The current XRT Sharpe Ratio is 0.60, which is higher than the IYK Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of XRT and IYK, 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

XRT vs. IYK - Drawdown Comparison

The maximum XRT drawdown since its inception was -65.81%, which is greater than IYK's maximum drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for XRT and IYK.

Drawdown Indicators

	XRT	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-65.81%	-42.64%	-23.17%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-10.68%	-2.85%
Max Drawdown (3Y) Largest decline over 3 years	-25.62%	-12.14%	-13.48%
Max Drawdown (5Y) Largest decline over 5 years	-44.57%	-15.05%	-29.52%
Max Drawdown (10Y) Largest decline over 10 years	-47.02%	-33.19%	-13.83%
Current Drawdown Current decline from peak	-11.42%	-7.50%	-3.92%
Average Drawdown Average peak-to-trough decline	-14.99%	-5.07%	-9.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.96%	5.20%	+0.76%

Volatility

XRT vs. IYK - Volatility Comparison

SPDR S&P Retail ETF (XRT) has a higher volatility of 6.41% compared to iShares U.S. Consumer Goods ETF (IYK) at 5.09%. This indicates that XRT's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRT	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	5.09%	+1.32%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	9.91%	+4.42%
Volatility (1Y) Calculated over the trailing 1-year period	20.64%	12.69%	+7.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.93%	13.07%	+13.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.20%	15.55%	+11.65%

XRT vs. IYK - Expense Ratio Comparison

XRT has a 0.35% expense ratio, which is lower than IYK's 0.42% expense ratio.

Dividends

XRT vs. IYK - Dividend Comparison

XRT's dividend yield for the trailing twelve months is around 1.03%, less than IYK's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYK iShares U.S. Consumer Goods ETF	2.67%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%
XRT SPDR S&P Retail ETF	1.03%	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 IYK in my portfolio?

XRT and IYK have a correlation of 0.24, 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 IYK?

XRT has higher volatility (6.41%) compared to IYK (5.09%). In terms of maximum drawdown, XRT dropped -65.81% vs IYK's -42.64%.

Which ETF is better, XRT or IYK?

On 10-year performance, IYK leads with 9.22% vs 9.22% for XRT. On fees, XRT is cheaper at 0.35% per year. On volatility, IYK has been the lower-risk option at 5.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XRT or IYK?

Over the 10-year period, IYK has performed better with a 9.22% return vs 9.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XRT or IYK?

XRT is cheaper with a 0.35% expense ratio, compared with 0.42% for IYK.

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

IYK has the higher dividend yield at 2.67%, compared with 1.03% for XRT.

What is the main difference between XRT and IYK?

XRT is categorized as Consumer Discretionary Equities, while IYK is Consumer Staples Equities. XRT tracks S&P Retail Select Industry, while IYK tracks Dow Jones U.S. Consumer Goods Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XRT and 0.42% for IYK.

Which has better risk-adjusted returns?

XRT currently has the higher Sharpe Ratio (0.60 vs 0.33), 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.