XLF vs SPY
Comparison between THE FINANCIAL SELECT SECTOR SPDR FUND (XLF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed XLF, delivering a return of +13.3% compared to +8.1%
XLF vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
XLF
$48B
Winner
SPY
$652B
Expense Ratio
Winner
XLF
0.08%
SPY
0.09%
Max Drawdown
XLF
83.75%
Winner
SPY
56.47%
Sharpe Ratio
XLF
0.17
Winner
SPY
2.07
5Y Beta
Winner
XLF
0.81
SPY
1.00
P/E Ratio
Winner
XLF
16.19
SPY
28.24
Forward P/E
Winner
XLF
15.09
SPY
21.85
PEG Ratio
XLF
0.55
SPY
N/A
5Y Dividends CAGR
XLF
5.32%
Winner
SPY
5.43%
5Y EPS CAGR
XLF
11.46%
Winner
SPY
25.79%
Debt to Equity
XLF
71.70%
Winner
SPY
22.35%
P/S Ratio
Winner
XLF
3.36
SPY
3.55
P/B Ratio
Winner
XLF
2.19
SPY
5.29
XLF vs SPY - Holdings Comparison
XLF and SPY have 77 common holdings. Overlap is 12.01%
XLF's top 25 holdings weight is 77.53%. SPY's top 25 holdings weight is 51.32%.
| Rank | XLF | SPY |
|---|---|---|
| #1 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 11.75% | NVIDIA CORP (NVDA) - 8.45% |
| #2 | JPMORGAN CHASE & CO (JPM) - 11.24% | APPLE INC (AAPL) - 6.48% |
| #3 | VISA INC CLASS A (V) - 7.59% | MICROSOFT CORP (MSFT) - 5.20% |
| #4 | MASTERCARD INC CLASS A (MA) - 5.77% | AMAZON.COM INC (AMZN) - 4.14% |
| #5 | BANK OF AMERICA CORP (BAC) - 4.73% | ALPHABET INC CLASS A (GOOGL) - 3.32% |
| #6 | THE GOLDMAN SACHS GROUP INC (GS) - 3.66% | BROADCOM INC (AVGO) - 3.09% |
| #7 | WELLS FARGO & CO (WFC) - 3.40% | ALPHABET INC CLASS C (GOOG) - 2.65% |
| #8 | MORGAN STANLEY (MS) - 3.03% | META PLATFORMS INC CLASS A (META) - 2.40% |
| #9 | CITIGROUP INC (C) - 3.01% | TESLA INC (TSLA) - 1.73% |
| #10 | AMERICAN EXPRESS CO (AXP) - 2.28% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% |
| #11 | CHARLES SCHWAB CORP (SCHW) - 2.05% | JPMORGAN CHASE & CO (JPM) - 1.37% |
| #12 | BLACKROCK INC (BLK) - 2.02% | ELI LILLY AND CO (LLY) - 1.13% |
| #13 | S&P GLOBAL INC (SPGI) - 1.79% | EXXON MOBIL CORP (XOM) - 1.03% |
| #14 | CAPITAL ONE FINANCIAL CORP (COF) - 1.61% | MICRON TECHNOLOGY INC (MU) - 0.93% |
| #15 | CHUBB LTD (CB) - 1.60% | WALMART INC (WMT) - 0.91% |
| #16 | PROGRESSIVE CORP (PGR) - 1.59% | JOHNSON & JOHNSON (JNJ) - 0.90% |
| #17 | CME GROUP INC CLASS A (CME) - 1.40% | ADVANCED MICRO DEVICES INC (AMD) - 0.86% |
| #18 | BANK OF NEW YORK MELLON CORP (BK) - 1.23% | VISA INC CLASS A (V) - 0.85% |
| #19 | BLACKSTONE INC (BX) - 1.21% | COSTCO WHOLESALE CORP (COST) - 0.72% |
| #20 | INTERCONTINENTAL EXCHANGE INC (ICE) - 1.20% | MASTERCARD INC CLASS A (MA) - 0.67% |
| #21 | PNC FINANCIAL SERVICES GROUP INC (PNC) - 1.19% | INTEL CORP (INTC) - 0.65% |
| #22 | U.S. BANCORP (USB) - 1.18% | NETFLIX INC (NFLX) - 0.64% |
| #23 | MARSH (MRSH) - 1.12% | CATERPILLAR INC (CAT) - 0.62% |
| #24 | MOODYS CORP (MCO) - 0.95% | CHEVRON CORP (CVX) - 0.58% |
| #25 | AON PLC CLASS A (AON) - 0.93% | PROCTER & GAMBLE CO (PG) - 0.57% |
| Total Holdings | 80 | 505 |
XLF vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
XLF
+0.08%
Winner
SPY
+9.11%
3M
XLF
-4.52%
Winner
SPY
+6.59%
6M
XLF
-2.09%
Winner
SPY
+10.56%
1Y
XLF
+4.34%
Winner
SPY
+32.04%
5Y(CAGR)
XLF
+8.14%
Winner
SPY
+13.35%
10Y(CAGR)
XLF
+12.67%
Winner
SPY
+15.49%
Max(CAGR)
XLF
+5.57%
Winner
SPY
+8.50%
XLF vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | XLF | SPY |
|---|---|---|
| 2026 | -6.24% | +8.27% |
| 2025 | +15.17% | +18.00% |
| 2024 | +29.99% | +25.59% |
| 2023 | +11.63% | +26.72% |
| 2022 | -11.69% | -18.64% |
| 2021 | +36.68% | +30.52% |
| 2020 | -2.62% | +17.28% |
| 2019 | +30.78% | +31.09% |
| 2018 | -13.07% | -5.24% |
| 2017 | +20.65% | +20.78% |
| 2016 | +24.85% | +13.59% |
| 2015 | -1.74% | +1.31% |
| 2014 | +15.69% | +14.56% |
| 2013 | +31.71% | +29.00% |
| 2012 | +25.14% | +14.17% |
| 2011 | -18.93% | +0.85% |
| 2010 | +9.70% | +13.14% |
| 2009 | +16.31% | +22.67% |
| 2008 | -54.06% | -36.25% |
| 2007 | -19.59% | +5.32% |
| 2006 | +17.23% | +13.85% |
| 2005 | +6.58% | +5.32% |
| 2004 | +11.02% | +10.75% |
| 2003 | +25.90% | +24.18% |
| 2002 | -14.65% | -22.42% |
| 2001 | -6.80% | -10.13% |
| 2000 | +30.76% | -8.84% |
| 1999 | -5.52% | +8.61% |
XLF vs SPY Drawdown Comparison
The maximum drawdown for XLF was -82.72%, occurring on Mar 6, 2009. Recovery took 2555 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current XLF drawdown is -8.69%.
| Rank | XLF | SPY |
|---|---|---|
| #1 | -82.72% Jun 1, 2007 - Jul 25, 2017 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -42.83% Feb 14, 2020 - Jan 6, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -36.64% Jan 3, 2001 - Jan 15, 2004 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -25.82% Jan 12, 2022 - Feb 22, 2024 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -25.34% Nov 16, 1999 - Jun 2, 2000 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -24.66% Jan 26, 2018 - Nov 4, 2019 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -15.55% Feb 19, 2025 - Jun 27, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -14.80% Jan 6, 2026 - Mar 27, 2026 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -14.09% Sep 11, 2000 - Dec 26, 2000 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -11.52% Jun 2, 2000 - Aug 4, 2000 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -10.19% Mar 5, 2004 - Dec 1, 2004 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -9.13% Feb 15, 2005 - Jul 14, 2005 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -8.42% Jun 4, 2021 - Aug 10, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -8.32% Feb 20, 2007 - May 9, 2007 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -7.98% Jan 14, 2021 - Feb 12, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between XLF and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (1999 - 2026)
XLF vs SPY dividend yield comparison.
| Year | XLF | SPY |
|---|---|---|
| 2026 | 0.49% | 0.24% |
| 2025 | 1.31% | 1.07% |
| 2024 | 1.42% | 1.21% |
| 2023 | 1.71% | 1.40% |
| 2022 | 2.04% | 1.65% |
| 2021 | 1.63% | 1.20% |
| 2020 | 2.03% | 1.52% |
| 2019 | 1.87% | 1.75% |
| 2018 | 2.08% | 2.04% |
| 2017 | 1.48% | 1.80% |
| 2016 | 21.10% | 2.03% |
| 2015 | 1.95% | 2.06% |
| 2014 | 1.60% | 1.87% |
| 2013 | 1.47% | 1.81% |
| 2012 | 1.76% | 2.18% |
| 2011 | 1.73% | 2.05% |
| 2010 | 0.98% | 1.80% |
| 2009 | 1.71% | 1.95% |
| 2008 | 6.15% | 3.02% |
| 2007 | 3.00% | 1.85% |
| 2006 | 2.52% | 1.73% |
| 2005 | 2.24% | 1.73% |
| 2004 | 2.05% | 1.82% |
| 2003 | 1.84% | 1.47% |
| 2002 | 2.03% | 1.70% |
| 2001 | 1.53% | 1.25% |
| 2000 | 1.23% | 1.15% |
| 1999 | 0.35% | 0.24% |
Select Stocks to Compare
Popular: XLF vs SPY
More Comparisons
Compare with similar stocks