ZTS vs. XLK
ZTS (Zoetis Inc.) is a stock, while XLK (State Street Technology Select Sector SPDR ETF) is Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Over the past 10 years, ZTS returned 5.12%/yr vs 23.73%/yr for XLK. Their 0.44 correlation means their historical movements had little consistent relationship.
Performance
ZTS vs. XLK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZTS achieves a -37.76% return, which is significantly lower than XLK's 23.97% return. Over the past 10 years, ZTS has underperformed XLK with an annualized return of 5.12%, while XLK has yielded a comparatively higher 23.73% annualized return.
ZTS
- 1D
- -0.25%
- 1M
- 3.79%
- 6M
- -37.59%
- YTD
- -37.76%
- 1Y
- -46.68%
- 3Y*
- -23.39%
- 5Y*
- -16.82%
- 10Y*
- 5.12%
- ALL TIME*
- 7.78%
XLK
- 1D
- 1.53%
- 1M
- -1.41%
- 6M
- 22.86%
- YTD
- 23.97%
- 1Y
- 39.24%
- 3Y*
- 28.50%
- 5Y*
- 19.12%
- 10Y*
- 23.73%
- ALL TIME*
- 10.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.65B | $1.63B | $2.23B | |
ZTS Zoetis Inc. | $387.99M | $418.24M | $600.61M |
ZTS vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZTS Zoetis Inc. | -37.76% | -21.75% | -16.63% | 35.91% | -39.51% | 48.26% | 25.76% | 55.71% | 19.45% | 35.55% |
XLK State Street Technology Select Sector SPDR ETF | 23.97% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
Correlation
The correlation between ZTS and XLK is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2013 | 0.44 |
The correlation between ZTS and XLK shifts across timeframes, from -0.02 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZTS vs. XLK — Risk / Return Rank
ZTS
XLK
ZTS vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zoetis Inc. (ZTS) and State Street Technology Select Sector SPDR ETF (XLK). 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.
| ZTS | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.84 | ||
| Sortino ratioReturn per unit of downside risk | -3.82 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.26 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 2.48 | -3.35 |
| Martin ratioReturn relative to average drawdown | -1.61 | 6.68 | -8.29 |
Loading charts...
Drawdowns
ZTS vs. XLK - Drawdown Comparison
The maximum ZTS drawdown since its inception was -69.48%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ZTS and XLK.
Loading charts...
Drawdown Indicators
| ZTS | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.48% | -82.05% | +12.57% |
Max Drawdown (1Y)Largest decline over 1 year | -53.60% | -15.92% | -37.68% |
Max Drawdown (3Y)Largest decline over 3 years | -62.99% | -25.66% | -37.33% |
Max Drawdown (5Y)Largest decline over 5 years | -69.48% | -33.56% | -35.92% |
Max Drawdown (10Y)Largest decline over 10 years | -69.48% | -33.56% | -35.92% |
Current DrawdownCurrent decline from peak | -67.02% | -10.07% | -56.95% |
Average DrawdownAverage peak-to-trough decline | -15.38% | -34.80% | +19.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.08% | 5.89% | +23.19% |
Volatility
ZTS vs. XLK - Volatility Comparison
The current volatility for Zoetis Inc. (ZTS) is 6.22%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 9.37%. This indicates that ZTS experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZTS | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.22% | 9.37% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 32.16% | 21.74% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.31% | 25.56% | +10.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.03% | 25.77% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.19% | 24.91% | +2.28% |
Dividends
ZTS vs. XLK - Dividend Comparison
ZTS's dividend yield for the trailing twelve months is around 2.71%, more than XLK's 0.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLK State Street Technology Select Sector SPDR ETF | 0.45% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
ZTS Zoetis Inc. | 2.71% | 1.59% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% |
Frequently Asked Questions
ZTS and XLK have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLK has higher volatility (9.37%) compared to ZTS (6.22%). In terms of maximum drawdown, ZTS dropped -69.48% vs XLK's -82.05%.
XLK currently has the higher Sharpe Ratio (1.55 vs -1.29), 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.
Find the right allocation for ZTS and XLK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer