XLU vs SHY

Comparison between THE UTILITIES SELECT SECTOR SPDR FUND (XLU, ETF) and ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF).

5-Year PerformanceXLU has outperformed SHY, delivering a return of +9.5% compared to +1.7%

XLU vs SHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XLU(ETF)	SHY(ETF)
Net Assets	$24B	$25B
Expense Ratio	0.08%	0.15%
Max Drawdown	55.68%	7.25%
Sharpe Ratio	0.73	-0.22
5Y Beta	0.34	-0.00
P/E Ratio	21.27	N/A
Forward P/E	19.32	N/A
PEG Ratio	0.90	N/A
5Y Dividends CAGR	3.84%	44.93%
5Y EPS CAGR	12.64%	N/A
Debt to Equity	130.53%	N/A
P/S Ratio	2.98	N/A
P/B Ratio	2.47	N/A

Net Assets

XLU

$24B

Winner

SHY

$25B

Expense Ratio

Winner

XLU

0.08%

SHY

0.15%

Max Drawdown

XLU

55.68%

Winner

SHY

7.25%

Sharpe Ratio

Winner

XLU

0.73

SHY

-0.22

5Y Beta

XLU

0.34

Winner

SHY

-0.00

P/E Ratio

XLU

21.27

SHY

N/A

Forward P/E

XLU

19.32

SHY

N/A

PEG Ratio

XLU

0.90

SHY

N/A

5Y Dividends CAGR

XLU

3.84%

Winner

SHY

44.93%

5Y EPS CAGR

XLU

12.64%

SHY

N/A

Debt to Equity

XLU

130.53%

SHY

N/A

P/S Ratio

XLU

2.98

SHY

N/A

P/B Ratio

XLU

2.47

SHY

N/A

XLU vs SHY - Historical Returns

Returns include dividend reinvestment.

Period	XLU	SHY
1 month	-4.40%	+0.15%
3 months	+3.56%	+0.16%
6 months	+1.16%	+1.14%
1 year	+14.81%	+3.57%
5 years(CAGR)	+9.51%	+1.73%
10 years(CAGR)	+9.61%	+1.65%
Max(CAGR)	+7.91%	+1.96%

XLU

-4.40%

Winner

SHY

+0.15%

Winner

XLU

+3.56%

SHY

+0.16%

Winner

XLU

+1.16%

SHY

+1.14%

Winner

XLU

+14.81%

SHY

+3.57%

5Y(CAGR)

Winner

XLU

+9.51%

SHY

+1.73%

10Y(CAGR)

Winner

XLU

+9.61%

SHY

+1.65%

Max(CAGR)

Winner

XLU

+7.91%

SHY

+1.96%

XLU vs SHY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XLU	SHY
2026	+4.28%	+0.49%
2025	+15.12%	+4.98%
2024	+21.52%	+4.04%
2023	-7.17%	+4.07%
2022	+2.43%	-3.77%
2021	+20.74%	-0.73%
2020	+1.85%	+2.99%
2019	+28.12%	+3.37%
2018	+4.90%	+1.50%
2017	+12.31%	+0.34%
2016	+16.30%	+0.69%
2015	-5.35%	+0.32%
2014	+30.73%	+0.40%
2013	+11.01%	+0.24%
2012	+2.87%	+0.34%
2011	+19.04%	+1.46%
2010	+5.10%	+2.14%
2009	+9.16%	+0.89%
2008	-28.52%	+6.42%
2007	+18.09%	+7.24%
2006	+18.82%	+3.75%
2005	+17.72%	+1.52%
2004	+23.90%	+0.91%
2003	+23.54%	+2.19%
2002	-29.77%	+2.03%
2001	-11.65%	N/A
2000	+26.52%	N/A
1999	-5.71%	N/A

XLU vs SHY Drawdown Comparison

The maximum drawdown for XLU was -51.96%, occurring on Oct 9, 2002. Recovery took 933 trading sessions.

The maximum drawdown for SHY was -5.71%, occurring on Oct 20, 2022. Recovery took 713 trading sessions.

The current XLU drawdown is -5.66%. The current SHY drawdown is -0.20%.

Rank	XLU	SHY
#1	-51.96% May 21, 2001 - Feb 8, 2005	-5.71% Aug 2, 2021 - Jun 3, 2024
#2	-46.49% Dec 10, 2007 - Jun 14, 2012	-2.23% Mar 17, 2008 - Sep 15, 2008
#3	-36.03% Feb 18, 2020 - Aug 5, 2021	-1.90% Mar 24, 2004 - Oct 20, 2004
#4	-25.26% Sep 12, 2022 - Aug 1, 2024	-1.19% Dec 30, 2008 - Jul 8, 2009
#5	-21.46% Nov 1, 1999 - Jun 13, 2000	-1.07% Sep 7, 2017 - Nov 28, 2018
#6	-15.71% Apr 8, 2022 - Aug 12, 2022	-0.99% Jul 5, 2016 - Aug 11, 2017
#7	-15.69% Jan 29, 2015 - Mar 8, 2016	-0.98% Jun 13, 2003 - Sep 30, 2003
#8	-15.59% Nov 14, 2017 - Oct 24, 2018	-0.97% Sep 24, 2024 - Jan 27, 2025
#9	-13.25% Dec 13, 2000 - May 21, 2001	-0.89% Feb 27, 2026 - Mar 26, 2026
#10	-12.44% Jul 6, 2016 - Mar 22, 2017	-0.88% Sep 17, 2008 - Oct 2, 2008
#11	-12.04% Apr 30, 2013 - Feb 14, 2014	-0.87% Oct 25, 2004 - May 5, 2005
#12	-11.86% Oct 3, 2005 - Jul 19, 2006	-0.87% Dec 1, 2009 - Feb 5, 2010
#13	-11.73% May 18, 2007 - Oct 31, 2007	-0.81% Nov 1, 2010 - May 3, 2011
#14	-10.51% Nov 29, 2024 - May 16, 2025	-0.80% Oct 9, 2002 - Oct 31, 2002
#15	-9.94% Jul 30, 2012 - Feb 28, 2013	-0.75% Jul 10, 2009 - Aug 28, 2009

Correlation

Correlation between XLU and SHY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

XLU vs SHY dividend yield comparison.

Year	XLU	SHY
2026	0.69%	1.17%
2025	2.71%	3.81%
2024	2.96%	3.92%
2023	3.39%	2.99%
2022	2.92%	1.30%
2021	2.79%	0.26%
2020	3.14%	0.94%
2019	2.95%	2.12%
2018	3.33%	1.72%
2017	3.33%	0.98%
2016	3.41%	0.71%
2015	3.67%	0.54%
2014	3.19%	0.36%
2013	3.86%	0.26%
2012	4.14%	0.37%
2011	3.80%	0.81%
2010	4.06%	1.03%
2009	4.11%	2.41%
2008	4.26%	3.41%
2007	2.59%	4.27%
2006	3.23%	4.13%
2005	3.22%	3.05%
2004	3.14%	1.94%
2003	3.41%	1.59%
2002	4.81%	0.78%
2001	3.14%	0.00%
2000	4.26%	0.00%
1999	1.30%	0.00%