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ETF Comparisons

SPY vs. XLK

SPDR S&P 500 ETF Trust

SPY
$—
Today’s Change
— (—)
vs

Technology Select Sector SPDR Fund

XLK
$—
Today’s Change
— (—)

Correlation

Compare with

Top 10 comparisons with SPY:
Compare:
SPY
Correlation
With:
XLK
Technology Select Sector SPDR Fund
SwitchSSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00IVVBlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00VOOVanguard Group, Inc. - Vanguard S&P 500 ETF1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00IWBBlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF1.00

Top 10 shared holdings

The top 10 holdings shared by SPY and XLK:
AAPL
Apple Inc
MSFT
Microsoft Corporation
NVDA
NVIDIA Corp
Invest with SPY
Learn more about SPY
Invest with XLK
Learn more about XLK
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

Performance Measures**

for the time period Jan 29, 1993 to Oct 9, 2026

Returns

1M Trailing Return:

3M Trailing Return:

SPY

2.4%

3.8%

XLK

5.9%

7.4%

Diff.

-3.5%

-3.6%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SPY

-55.2%

18.5%

XLK

-82.1%

26.0%

Diff.

+26.9%

-7.5%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SPY

0.65

0.20

XLK

0.52

0.13

Diff.

+0.13

+0.07

SPYSPDR S&P 500 ETF Trust
XLKTechnology Select Sector SPDR Fund

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

Snapshot
**

SPY SPDR S&P 500 ETF Trust
XLK Technology Select Sector SPDR Fund
Inception date
Jan 22, 1993
Dec 16, 1998
Expense ratio
0.09%
0.1%
SPY has a lower expense ratio than XLK by 0.01%. This can indicate that it’s cheaper to invest in SPY than XLK.
Type
US Equities
US Equities
SPY targets investing in US Equities, while XLK targets investing in US Equities.
Fund owner
State Street (SPDR)
State Street (SPDR)
SPY is managed by State Street (SPDR), while XLK is managed by State Street (SPDR).
Volume (1m avg. daily)
$33,257,618,740
$989,437,675
Both SPY and XLK are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$400,404,126,565
$47,537,945,579
SPY has more assets under management than XLK by $352,866,180,986. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
S&P Technology Select Sector Index
SPY is based off of the S&P 500 Index, while XLK is based off of the S&P Technology Select Sector Index
Inverse/Leveraged
No
No
Neither SPY nor XLK use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
SPY and XLK both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SPY and XLK may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while XLK does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.

Trading Strategies
Related toSPY

AI Power Grid Multi-Signal

Category

Momentum, Thematic, AI infrastructure, Semiconductors, Utilities, Energy, Risk management, Trend filter

OOS Cumulative Return

—

Trading Strategies
Related toXLK

Crypto Momentum Check - Gold Defense - Sector Support 01222026 - v2.4b

Category

Tactical allocation, trend-following, sector rotation, gold & silver trading, inverse ETFs, crypto proxy tilt, defensive cash-like ETFs

OOS Cumulative Return

—

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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