YUMC vs. XLI

Last updated Jun 5, 2026

YUMC (Yum China Holdings, Inc.) is a stock, while XLI (Industrial Select Sector SPDR Fund) is Industrials Equities fund tracking the Industrial Select Sector Index. Over the past 5 years, YUMC returned -7.52%/yr vs 12.53%/yr for XLI. At a 0.33 correlation, their price movements are largely independent.

Performance

YUMC vs. XLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Yum China Holdings, Inc. (YUMC) and Industrial Select Sector SPDR Fund (XLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YUMC achieves a -9.15% return, which is significantly lower than XLI's 13.88% return.

YUMC

• 1D: -0.21%
• 1M: -10.86%
• YTD: -9.15%
• 6M: -6.92%
• 1Y: 2.23%
• 3Y*: -7.78%
• 5Y*: -7.52%
• 10Y*: —

XLI

• 1D: 1.21%
• 1M: 2.18%
• YTD: 13.88%
• 6M: 14.35%
• 1Y: 24.14%
• 3Y*: 22.49%
• 5Y*: 12.53%
• 10Y*: 14.02%

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

YUMC vs. XLI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YUMC Yum China Holdings, Inc.	-9.15%	1.18%	15.41%	-21.60%	10.75%	-11.99%	19.48%	44.85%	-15.28%	53.59%
XLI Industrial Select Sector SPDR Fund	13.88%	19.35%	17.31%	18.13%	-5.57%	21.08%	10.91%	29.08%	-13.25%	23.98%

Correlation

The correlation between YUMC and XLI 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	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Oct 18, 2016	0.33

Return for Risk

YUMC vs. XLI — Risk / Return Rank

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

YUMC

YUMC Risk / Return Rank: 42
YUMC Sharpe Ratio Rank: 45
YUMC Sortino Ratio Rank: 38
YUMC Omega Ratio Rank: 37
YUMC Calmar Ratio Rank: 43
YUMC Martin Ratio Rank: 44

XLI

XLI Risk / Return Rank: 45
XLI Sharpe Ratio Rank: 46
XLI Sortino Ratio Rank: 47
XLI Omega Ratio Rank: 44
XLI Calmar Ratio Rank: 41
XLI Martin Ratio Rank: 48

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.

YUMC vs. XLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yum China Holdings, Inc. (YUMC) and Industrial Select Sector SPDR Fund (XLI). 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.

	YUMC	XLI	Difference
Sharpe ratio: Return per unit of total volatility	0.09	1.57	-1.49
Sortino ratio: Return per unit of downside risk	0.31	2.30	-1.98
Omega ratio: Gain probability vs. loss probability	1.04	1.27	-0.24
Calmar ratio: Return relative to maximum drawdown	0.09	1.99	-1.90
Martin ratio: Return relative to average drawdown	0.22	7.88	-7.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YUMC vs. XLI - Sharpe Ratio Comparison

The current YUMC Sharpe Ratio is 0.09, which is lower than the XLI Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of YUMC and XLI, 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

	YUMC	XLI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	1.57	-1.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	0.72	-0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.46	-0.27

Drawdowns

YUMC vs. XLI - Drawdown Comparison

The maximum YUMC drawdown since its inception was -56.49%, smaller than the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for YUMC and XLI.

Drawdown Indicators

	YUMC	XLI	Difference
Max Drawdown Largest peak-to-trough decline	-56.49%	-62.26%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-25.89%	-12.21%	-13.68%
Max Drawdown (3Y) Largest decline over 3 years	-51.42%	-18.49%	-32.93%
Max Drawdown (5Y) Largest decline over 5 years	-56.45%	-21.64%	-34.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.33%	—
Current Drawdown Current decline from peak	-33.56%	-1.25%	-32.31%
Average Drawdown Average peak-to-trough decline	-19.34%	-9.20%	-10.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.10%	3.07%	+7.03%

Volatility

YUMC vs. XLI - Volatility Comparison

Yum China Holdings, Inc. (YUMC) has a higher volatility of 5.19% compared to Industrial Select Sector SPDR Fund (XLI) at 4.88%. This indicates that YUMC's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YUMC	XLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	4.88%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	18.90%	12.81%	+6.09%
Volatility (1Y) Calculated over the trailing 1-year period	25.38%	15.40%	+9.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.20%	17.43%	+19.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.41%	19.98%	+15.43%

Dividends

YUMC vs. XLI - Dividend Comparison

YUMC's dividend yield for the trailing twelve months is around 2.47%, more than XLI's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLI Industrial Select Sector SPDR Fund	1.16%	1.29%	1.44%	1.63%	1.63%	1.25%	1.55%	1.94%	2.15%	1.77%	2.07%	2.15%
YUMC Yum China Holdings, Inc.	2.47%	2.01%	1.33%	1.23%	0.88%	0.96%	0.42%	1.00%	1.25%	0.25%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YUMC and XLI in my portfolio?

YUMC and XLI 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, YUMC or XLI?

YUMC has higher volatility (5.19%) compared to XLI (4.88%). In terms of maximum drawdown, YUMC dropped -56.49% vs XLI's -62.26%.

Which has better risk-adjusted returns?

XLI currently has the higher Sharpe Ratio (1.57 vs 0.09), 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.