XSW vs JTNY
Comparison between STATE STREET(R) SPDR(R) S&P(R) SOFTWARE & SERVICES ETF (XSW, ETF) and JPMorgan New York Tax Free Bond ETF (JTNY, ETF).
XSW vs JTNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
XSW
$453M
JTNY
$452M
Expense Ratio
XSW
0.35%
Winner
JTNY
0.34%
Max Drawdown
XSW
45.41%
Winner
JTNY
2.45%
Sharpe Ratio
Winner
XSW
0.36
JTNY
-3.62
5Y Beta
XSW
1.25
Winner
JTNY
0.08
P/E Ratio
XSW
-94.78
JTNY
N/A
Forward P/E
XSW
18.59
JTNY
N/A
5Y Dividends CAGR
XSW
-10.61%
JTNY
N/A
Debt to Equity
XSW
39.93%
JTNY
N/A
P/S Ratio
XSW
2.92
JTNY
N/A
P/B Ratio
XSW
4.13
JTNY
N/A
XSW vs JTNY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
XSW
+16.14%
JTNY
-0.63%
3M
Winner
XSW
+23.39%
JTNY
-1.54%
6M
XSW
+38.96%
JTNY
N/A
1Y
XSW
+9.61%
JTNY
N/A
5Y(CAGR)
XSW
+3.38%
JTNY
N/A
10Y(CAGR)
XSW
+14.62%
JTNY
N/A
Max(CAGR)
Winner
XSW
+16.14%
JTNY
-7.36%
XSW vs JTNY - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | XSW | JTNY |
|---|---|---|
| 2026 | +13.84% | -1.54% |
| 2025 | -1.16% | N/A |
| 2024 | +29.32% | N/A |
| 2023 | +38.62% | N/A |
| 2022 | -34.54% | N/A |
| 2021 | +9.73% | N/A |
| 2020 | +50.39% | N/A |
| 2019 | +35.90% | N/A |
| 2018 | +7.47% | N/A |
| 2017 | +27.51% | N/A |
| 2016 | +12.67% | N/A |
| 2015 | +10.00% | N/A |
| 2014 | +6.95% | N/A |
| 2013 | +44.43% | N/A |
| 2012 | +13.85% | N/A |
| 2011 | +13.75% | N/A |
XSW vs JTNY Drawdown Comparison
The maximum drawdown for XSW was -45.38%, occurring on Nov 9, 2022. Recovery took 755 trading sessions.
The maximum drawdown for JTNY was -2.05%, occurring on Jul 23, 2026. This drawdown has not yet recovered.
The current XSW drawdown is -0.53%. The current JTNY drawdown is -1.87%.
| Rank | XSW | JTNY |
|---|---|---|
| #1 | -45.38% Nov 9, 2021 - Nov 11, 2024 | -2.05% Jun 29, 2026 - Jul 23, 2026 |
| #2 | -37.82% Feb 19, 2020 - Jun 23, 2020 | -0.23% Jun 18, 2026 - Jun 26, 2026 |
| #3 | -33.75% Sep 22, 2025 - Aug 27, 2026 | -0.17% Jun 16, 2026 - Jun 18, 2026 |
| #4 | -30.79% Dec 6, 2024 - Sep 22, 2025 | N/A |
| #5 | -24.69% Jun 23, 2015 - Jul 12, 2016 | N/A |
| #6 | -24.20% Sep 14, 2018 - Feb 25, 2019 | N/A |
| #7 | -16.73% Mar 5, 2014 - Dec 19, 2014 | N/A |
| #8 | -14.60% Feb 12, 2021 - Aug 27, 2021 | N/A |
| #9 | -12.81% Mar 27, 2012 - Sep 7, 2012 | N/A |
| #10 | -11.35% Sep 14, 2012 - Jan 11, 2013 | N/A |
| #11 | -10.81% Sep 2, 2020 - Oct 12, 2020 | N/A |
| #12 | -10.50% Jul 26, 2019 - Nov 26, 2019 | N/A |
| #13 | -10.22% Oct 27, 2011 - Jan 24, 2012 | N/A |
| #14 | -9.11% Apr 30, 2019 - Jul 10, 2019 | N/A |
| #15 | -9.02% Oct 13, 2020 - Nov 16, 2020 | N/A |
Correlation
Correlation between XSW and JTNY is -0.71 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.71
-101
Dividend Comparison (2011 - 2026)
XSW vs JTNY dividend yield comparison.
| Year | XSW | JTNY |
|---|---|---|
| 2026 | 0.00% | 0.60% |
| 2025 | 0.06% | 0.00% |
| 2024 | 0.07% | 0.00% |
| 2023 | 0.20% | 0.00% |
| 2022 | 0.09% | 0.00% |
| 2021 | 0.13% | 0.00% |
| 2020 | 0.26% | 0.00% |
| 2019 | 0.12% | 0.00% |
| 2018 | 0.31% | 0.00% |
| 2017 | 0.46% | 0.00% |
| 2016 | 0.87% | 0.00% |
| 2015 | 0.54% | 0.00% |
| 2014 | 0.53% | 0.00% |
| 2013 | 2.07% | 0.00% |
| 2012 | 3.64% | 0.00% |
| 2011 | 0.06% | 0.00% |
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