SPDR S&P Semiconductor ETF (XSD) Performance
XSD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +41.3% since Dec 31, 2025
- 1 year
- +32.2% total return
- 5 years
- +17.3% a year
- 10 years
- +24.9% a year
- Since first price
- +15.3% a year since 2006
XSD trailing returns vs SPY, QQQ, AGG
| Period | XSD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −14.0% | −14.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −13.3% | −13.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.7% | +0.6% | +7.8% | +8.4% | −1.5% |
| YTD | +41.3% | +41.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +32.2% | +32.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +159.2%+37.4%/yr | +157.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +121.6%+17.3%/yr | +118.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +823.3%+24.9%/yr | +783.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +1,987.2%+22.5%/yr | +1,832.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +2,036.9%+16.5%/yr | +1,812.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionFeb 6, 2006 | +1,800.8%+15.3%/yr | +1,598.8% | — | — | — |
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: XSD vs SPY
From Feb 6, 2006: XSD grew to $190,082, SPY to $87,641.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XSD returns by calendar year
14 of 19 full years positive. Best 2009 (+99.0%), worst 2008 (−47.7%). 2026 is year to date.
XSD annual returns table
| Year | XSD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +41.3% | −30.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +29.8% | −40.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.8% | −26.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +34.9% | −28.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −30.9% | −42.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +42.5% | −21.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +61.9% | −36.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +64.7% | −17.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.3% | −23.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +25.2% | −9.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +29.4% | −14.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +10.2% | −23.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +31.1% | −20.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +36.4% | −9.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +2.4% | −26.4% | +16.0% | +18.1% | +3.8% |
| 2011 | −18.2% | −36.6% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.7% | −23.8% | +15.1% | +19.9% | +6.4% |
| 2009 | +99.0% | −18.7% | +26.4% | +54.7% | +3.0% |
| 2008 | −47.7% | −58.2% | −36.8% | −41.7% | +7.9% |
| 2007 | −5.1% | −21.5% | +5.1% | +19.0% | +6.6% |
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.
XSD largest drawdowns
Now 30.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 17, 2007 | −64.6% | Nov 20, 2008 | Jan 4, 2011 | 1.3 years | 3.5 years |
| Dec 8, 2021 | −42.3% | Oct 14, 2022 | May 28, 2024 | 10 months | 2.5 years |
| Jul 16, 2024 | −41.2% | Apr 8, 2025 | Aug 12, 2025 | 9 months | 1.1 years |
| Feb 17, 2011 | −37.4% | Nov 16, 2012 | Jan 21, 2014 | 1.7 years | 2.9 years |
| Jan 23, 2020 | −36.8% | Mar 16, 2020 | Jun 4, 2020 | 53 days | 4 months |
| Jun 3, 2026 | −30.8% | Jul 29, 2026 | not yet | 56 days | 5 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XSD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +39.6% | +22.1% | +26.4% | +16.3% |
| Volatility (annualized) | 42.9% | 41.6% | 33.7% | 29.8% |
| Sharpe ratio | 0.87 | 0.59 | 0.79 | — |
| Sortino ratio | 1.92 | 1.08 | 1.45 | — |
| Best month | +49.7% | +49.7% | +49.7% | +49.7% |
| Worst month | −21.8% | −21.8% | −21.8% | −21.8% |
| Best 12 months | +178.0% | +178.0% | +178.0% | +178.0% |
| Worst 12 months | −13.8% | −30.9% | −30.9% | −50.2% |
| Positive months | 64% | 63% | 62% | 60% |
| Beta vs S&P 500 | 2.67 | 2.03 | 1.65 | — |
| Correlation with S&P 500 | 0.77 | 0.76 | 0.75 | — |
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.
XSD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 237 | −50.2% | +19.5% | +178.0% | 74% |
| 3-year (a year) | 213 | −23.0% | +19.5% | +56.1% | 90% |
| 5-year (a year) | 189 | −4.0% | +19.6% | +35.9% | 94% |
| 10-year (a year) | 129 | +5.0% | +20.7% | +30.8% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
XSD performance overview
SPDR S&P Semiconductor ETF (XSD) returned +32.2% over the past year and +24.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +15.3% a year, turning $10,000 into about $190,082. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −64.6%, from Jul 17, 2007 to Nov 20, 2008, and it took 2.1 years to get back to the old high. XSD finished 14 of its 19 full calendar years with a gain; the best year was 2009 (+99.0%) and the worst 2008 (−47.7%). Volatility has been 29.8% a year.
Related: XSD chart, XSD holdings, XSD dividends, XSD valuation. See the XSD overview for the latest quote and fund facts.
XSD performance FAQ
What is the XSD return over the past year?
XSD returned +32.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 32.0%.
What is the average annual return of XSD?
XSD has returned +17.3% a year over 5 years, +24.9% a year over 10 years, +15.3% a year since February 6, 2006 (total return, distributions reinvested).
How much would $10,000 invested in XSD be worth?
$10,000 invested in XSD at its first recorded close on February 6, 2006 would be worth about $190,082 on October 23, 2026 with distributions reinvested.
What was the worst year for XSD?
The worst calendar year was 2008, with a total return of −47.7%. The best was 2009 at +99.0%.
What is the biggest drawdown of XSD?
The largest peak-to-trough decline was −64.6% between July 17, 2007 and November 20, 2008. It recovered to the old high on January 4, 2011, 2.1 years after the bottom.
How volatile is XSD?
Over the past 3 years XSD had an annualized volatility of 42.9% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).