XTN vs. XTL
Compare and contrast key facts about SPDR S&P Transportation ETF (XTN) and SPDR S&P Telecom ETF (XTL).
XTN and XTL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTN is a passively managed fund by State Street that tracks the performance of the S&P Transportation Select Industry Index. It was launched on Jan 26, 2011. XTL is a passively managed fund by State Street that tracks the performance of the S&P Telecom Select Industry Index. It was launched on Jan 26, 2011. Both XTN and XTL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XTN or XTL.
Key characteristics
| XTN | XTL | |
|---|---|---|
| YTD Return | -9.39% | -13.80% |
| 1Y Return | 4.98% | -4.94% |
| 3Y Return (Ann) | -4.59% | -9.52% |
| 5Y Return (Ann) | 4.43% | -0.31% |
| 10Y Return (Ann) | 6.55% | 3.54% |
| Sharpe Ratio | 0.20 | -0.36 |
| Daily Std Dev | 20.53% | 21.11% |
| Max Drawdown | -43.77% | -37.01% |
| Current Drawdown | -21.93% | -32.29% |
Correlation
The correlation between XTN and XTL is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XTN vs. XTL - Performance Comparison
In the year-to-date period, XTN achieves a -9.39% return, which is significantly higher than XTL's -13.80% return. Over the past 10 years, XTN has outperformed XTL with an annualized return of 6.55%, while XTL has yielded a comparatively lower 3.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XTN vs. XTL - Expense Ratio Comparison
Both XTN and XTL have an expense ratio of 0.35%.
Risk-Adjusted Performance
XTN vs. XTL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Transportation ETF (XTN) and SPDR S&P Telecom ETF (XTL). 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.
Dividends
XTN vs. XTL - Dividend Comparison
XTN's dividend yield for the trailing twelve months is around 0.85%, less than XTL's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTN SPDR S&P Transportation ETF | 0.85% | 0.73% | 1.04% | 1.02% | 0.75% | 1.17% | 0.98% | 0.63% | 0.66% | 1.03% | 0.39% | 0.42% |
XTL SPDR S&P Telecom ETF | 0.94% | 0.80% | 0.74% | 1.25% | 0.88% | 0.92% | 1.90% | 2.08% | 1.11% | 1.38% | 1.03% | 0.45% |
Drawdowns
XTN vs. XTL - Drawdown Comparison
The maximum XTN drawdown since its inception was -43.77%, which is greater than XTL's maximum drawdown of -37.01%. Use the drawdown chart below to compare losses from any high point for XTN and XTL. For additional features, visit the drawdowns tool.
Volatility
XTN vs. XTL - Volatility Comparison
SPDR S&P Transportation ETF (XTN) and SPDR S&P Telecom ETF (XTL) have volatilities of 5.93% and 5.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.