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ETF Comparisons

XLK vs. SPY

Technology Select Sector SPDR Fund

XLK
$—
Today’s Change
— (—)
vs

SPDR S&P 500 ETF Trust

SPY
$—
Today’s Change
— (—)

Correlation

Compare with

Top 10 comparisons with XLK:
Compare:
XLK
Correlation
With:
SPY
SPDR S&P 500 ETF Trust
SwitchTECLDirexion Shares ETF Trust - Direxion Daily Technology Bull 3X Shares1.00FTECFidelity Covington Trust - Fidelity MSCI Information Technology Index ETF1.00VGTVanguard Group, Inc. - Vanguard Information Technology ETF1.00IXNBlackRock Institutional Trust Company N.A. - iShares Global Tech ETF0.99ROMProShares Trust - ProShares Ultra Technology 2x Shares0.99IYWBlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF0.99IGMBlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF0.97QQQInvesco Capital Management LLC - Invesco QQQ Trust Series 10.97TQQQProShares Trust - ProShares UltraPro QQQ 3x Shares0.97QLDProShares Trust - ProShares Ultra QQQ 2x Shares0.97

Top 10 shared holdings

The top 10 holdings shared by XLK and SPY:
AAPL
Apple Inc
MSFT
Microsoft Corporation
NVDA
NVIDIA Corp
Trade XLK options
Learn more about XLK
Trade SPY options
Learn more about SPY
1M
3M
6M
YTD
1Y
3Y
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Performance Measures**

for the time period Dec 22, 1998 to Dec 5, 2025

Returns

1M Trailing Return:

3M Trailing Return:

XLK

-0.6%

11.7%

SPY

1.2%

6.2%

Diff.

-1.8%

+5.5%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

XLK

-82.0%

25.9%

SPY

-55.2%

19.4%

Diff.

-26.8%

+6.5%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

XLK

0.49

0.12

SPY

0.52

0.15

Diff.

-0.03

-0.03

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

What is XLK?

The Technology Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Technology Select Sector Index (ticker: IXT).

Snapshot
**

XLK Technology Select Sector SPDR Fund
SPY SPDR S&P 500 ETF Trust
Inception date
Dec 16, 1998
Jan 22, 1993
Expense ratio
0.1%
0.09%
XLK has a higher expense ratio than SPY by 0.01%. This can indicate that it’s more expensive to invest in XLK than SPY.
Type
US Equities
US Equities
XLK targets investing in US Equities, while SPY targets investing in US Equities.
Fund owner
State Street (SPDR)
State Street (SPDR)
XLK is managed by State Street (SPDR), while SPY is managed by State Street (SPDR).
Volume (1m avg. daily)
$989,437,675
$33,257,618,740
Both XLK and SPY 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
$47,537,945,579
$400,404,126,565
XLK has more assets under management than SPY by $352,866,180,986. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Technology Select Sector Index
S&P 500 Index
XLK is based off of the S&P Technology Select Sector Index, while SPY is based off of the S&P 500 Index
Inverse/Leveraged
No
No
Neither XLK nor SPY use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
XLK and SPY 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
XLK and SPY 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 toXLK

T2 (MAG7 2x) KMLM switcher (729.4% RR, 16.1% MD, 58.4% SD 2022 BT)

Category

Tactical rotation, leveraged ETFs, momentum/RSI, oversold bounces, volatility hedge (VIXY), tech vs managed futures (KMLM), risk-on/risk-off

OOS Cumulative Return

—

Trading Strategies
Related toSPY

T1 Volmageddon 2.0 Dynamically Hedged (404.2% RR, 14.1% MD, 51% SD, 2022 BT)

Category

Volatility trading, dynamic hedging, tactical allocation, leveraged/inverse ETFs, crash defense, daily rebalance, high risk

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.