Consumer Discretionary Select Sector SPDR Fund (XLY) Performance
XLY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.7% since Dec 31, 2025
- 1 year
- −4.3% total return
- 5 years
- +4.1% a year
- 10 years
- +12.2% a year
- Since first price
- +9.4% a year since 1998
XLY trailing returns vs SPY, QQQ, AGG
| Period | XLY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.2% | +2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.2% | +4.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.5% | −3.9% | +7.8% | +8.4% | −1.5% |
| YTD | −4.7% | −5.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −4.3% | −5.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +52.7%+15.2%/yr | +48.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +22.4%+4.1%/yr | +17.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +214.8%+12.2%/yr | +184.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +586.9%+13.7%/yr | +475.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +688.9%+10.9%/yr | +512.8% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionDec 22, 1998 | +1,110.9%+9.4%/yr | +788.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XLY vs SPY
From Dec 22, 1998: XLY grew to $121,086, SPY to $101,831.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XLY returns by calendar year
21 of 27 full years positive. Best 2013 (+42.7%), worst 2022 (−36.3%). 2026 is year to date.
XLY annual returns table
| Year | XLY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.7% | −15.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.4% | −24.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +26.5% | −12.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +39.6% | −16.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −36.3% | −39.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.9% | −10.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +29.6% | −33.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.4% | −8.8% | +31.2% | +39.0% | +8.5% |
| 2018 | +1.6% | −21.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.8% | −4.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.0% | −10.8% | +12.0% | +7.1% | +2.4% |
| 2015 | +9.9% | −11.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +9.5% | −8.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +42.7% | −5.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +23.6% | −9.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +6.0% | −18.4% | +1.9% | +3.4% | +7.7% |
| 2010 | +27.5% | −19.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +40.6% | −29.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −33.0% | −51.2% | −36.8% | −41.7% | +7.9% |
| 2007 | −13.7% | −18.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +18.4% | −9.7% | +15.8% | +7.1% | +3.9% |
| 2005 | −6.6% | −12.0% | +4.8% | +1.6% | +2.3% |
| 2004 | +12.9% | −10.8% | +10.7% | +10.5% | +3.8% |
| 2003 | +37.2% | −14.2% | +28.2% | +49.7% | — |
| 2002 | −18.7% | −30.2% | −21.6% | −37.4% | — |
| 2001 | +12.7% | −27.9% | −11.8% | −33.3% | — |
| 2000 | −16.9% | −29.3% | −9.7% | −36.1% | — |
| 1999 | +19.5% | −16.1% | +20.4% | — | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XLY largest drawdowns
Now 8.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −59.0% | Mar 9, 2009 | Jan 27, 2011 | 1.8 years | 3.6 years |
| Nov 19, 2021 | −39.7% | Dec 28, 2022 | Nov 6, 2024 | 1.1 years | 3.0 years |
| Feb 20, 2020 | −33.9% | Mar 18, 2020 | Jun 8, 2020 | 27 days | 4 months |
| Apr 11, 2000 | −31.5% | Sep 20, 2001 | Mar 15, 2002 | 1.4 years | 1.9 years |
| Mar 19, 2002 | −31.5% | Mar 12, 2003 | Nov 7, 2003 | 12 months | 1.6 years |
| Dec 17, 2024 | −26.0% | Apr 8, 2025 | Sep 12, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XLY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 1998 |
|---|---|---|---|---|
| Annualized return | +11.5% | +4.8% | +11.7% | +9.2% |
| Volatility (annualized) | 17.9% | 22.6% | 20.4% | 19.1% |
| Sharpe ratio | 0.45 | 0.16 | 0.53 | — |
| Sortino ratio | 0.76 | 0.25 | 0.86 | — |
| Best month | +12.9% | +18.4% | +18.9% | +18.9% |
| Worst month | −8.3% | −12.0% | −14.9% | −17.6% |
| Best 12 months | +37.0% | +39.6% | +72.7% | +77.3% |
| Worst 12 months | −8.4% | −36.3% | −36.3% | −43.1% |
| Positive months | 58% | 55% | 63% | 58% |
| Beta vs S&P 500 | 1.18 | 1.23 | 1.18 | — |
| Correlation with S&P 500 | 0.82 | 0.85 | 0.89 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XLY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 323 | −43.1% | +12.9% | +77.3% | 76% |
| 3-year (a year) | 299 | −18.4% | +11.1% | +37.3% | 86% |
| 5-year (a year) | 275 | −10.4% | +10.3% | +32.8% | 93% |
| 10-year (a year) | 215 | −3.5% | +11.4% | +22.0% | 97% |
Every holding period starting at a month-end since 1998. Returns for 3 years and longer are annualized.
XLY performance overview
Consumer Discretionary Select Sector SPDR Fund (XLY) returned −4.3% over the past year and +12.2% a year over ten years, with distributions reinvested. Since its first recorded price in 1998 it has returned +9.4% a year, turning $10,000 into about $121,086. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −59.0%, from Jun 4, 2007 to Mar 9, 2009, and it took 1.9 years to get back to the old high. XLY finished 21 of its 27 full calendar years with a gain; the best year was 2013 (+42.7%) and the worst 2022 (−36.3%). Volatility has been 19.1% a year.
Related: XLY chart, XLY holdings, XLY dividends, XLY valuation. See the XLY overview for the latest quote and fund facts.
XLY performance FAQ
What is the XLY return over the past year?
XLY returned −4.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.1%.
What is the average annual return of XLY?
XLY has returned +4.1% a year over 5 years, +12.2% a year over 10 years, +9.4% a year since December 22, 1998 (total return, distributions reinvested).
How much would $10,000 invested in XLY be worth?
$10,000 invested in XLY at its first recorded close on December 22, 1998 would be worth about $121,086 on October 23, 2026 with distributions reinvested.
What was the worst year for XLY?
The worst calendar year was 2022, with a total return of −36.3%. The best was 2013 at +42.7%.
What is the biggest drawdown of XLY?
The largest peak-to-trough decline was −59.0% between June 4, 2007 and March 9, 2009. It recovered to the old high on January 27, 2011, 1.9 years after the bottom.
How volatile is XLY?
Over the past 3 years XLY had an annualized volatility of 17.9% and a Sharpe ratio of 0.45 (excess return over 1–3 month T-bills per unit of risk).