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XLF correlations (Financial Select Sector SPDR Fund)

XLF measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · Sector

Volatility (ann.)
16.2%
3y weekly
Beta vs S&P 500
0.84
3y weekly
1-year return
+9.3%
price, adjusted
5-year return
+64.2%
price, adjusted
Expense ratio
0.08%
annual
Assets
$57.9B
under management
Dividend yield
1.42%
trailing
Max drawdown
-15.5%
3y, daily closes
-9%0%+11%2025-09-052026-08-27
XLF over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with XLF

AssetCorrelation (3Y)
DIASPDR Dow Jones Industrial Average ETF0.87
SPYVSPDR Portfolio S&P 500 Value ETF0.87
STEWSRH Total Return Fund, Inc.0.87
JPMJPMorgan Chase0.87
VTVVanguard Value ETF0.85
DGROiShares Core Dividend Growth ETF0.85
VYMVanguard High Dividend Yield ETF0.84
BACBank of America0.84
RSPInvesco S&P 500 Equal Weight ETF0.84
VIGVanguard Dividend Appreciation ETF0.83
MSMorgan Stanley0.83
GSGoldman Sachs0.82
GDVGabelli Dividend & Income Trust0.81
CCitigroup0.80
SFStifel Financial Corporation0.80

Best diversifiers for XLF

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from XLF.

AssetCorrelation (3Y)
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.71
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.69
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.48
LICNLichen International Limited - Class A-0.22
TCRTAlaunos Therapeutics, Inc.-0.18
RETOReTo Eco-Solutions, Inc. - Class A Shares-0.18
USARUSA Rare Earth, Inc.-0.16
ALMSAlumis Inc.-0.16
INDOIndonesia Energy Corporation Limited-0.15
AGIGAbundia Global Impact Group Inc.-0.15

XLF vs benchmarks

XLF vs SPY 0.75 XLF vs QQQ 0.56

XLF vs its peers

XLF vs XLI 0.79 XLF vs XLY 0.64 XLF vs XLC 0.63 XLF vs XLB 0.61 XLF vs XLRE 0.56

Get XLF data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/xlf.json

Correlations, diversifiers, beta and volatility for XLF, plus one endpoint per pair. API documentation.

XLF holdings overlap with other ETFs

ETFOverlapCorrelation (3Y)
XLF vs VTVVanguard Value ETF23.4%0.85
XLF vs VIGVanguard Dividend Appreciation ETF20.6%0.83
XLF vs DGROiShares Core Dividend Growth ETF19.3%0.85
XLF vs VYMVanguard High Dividend Yield ETF19.0%0.84
XLF vs SPYVSPDR Portfolio S&P 500 Value ETF16.2%0.87
XLF vs RSPInvesco S&P 500 Equal Weight ETF15.4%0.84
XLF vs DIASPDR Dow Jones Industrial Average ETF15.1%0.87
XLF vs IVViShares Core S&P 500 ETF12.4%0.75
XLF vs SPYSPDR S&P 500 ETF Trust12.4%0.75
XLF vs VOOVanguard S&P 500 ETF12.4%0.75
XLF vs QUALiShares MSCI USA Quality Factor ETF12.0%0.74
XLF vs USMViShares MSCI USA Min Vol Factor ETF11.4%0.77
XLF vs VTIVanguard Total Stock Market ETF11.0%0.77
XLF vs SPYGSPDR Portfolio S&P 500 Growth ETF9.2%0.59
XLF vs ACWIiShares MSCI ACWI ETF7.7%0.72
XLF vs VTVanguard Total World Stock ETF7.2%0.73
XLF vs MTUMiShares MSCI USA Momentum Factor ETF5.3%0.60
XLF vs VUGVanguard Growth ETF4.1%0.60
XLF vs SCHDSchwab US Dividend Equity ETF3.5%0.69
XLF vs EFAiShares MSCI EAFE ETF0.4%0.60
XLF vs IEFAiShares Core MSCI EAFE ETF0.4%0.60
XLF vs VEAVanguard FTSE Developed Markets ETF0.4%0.58
XLF vs QQQInvesco QQQ Trust0.2%0.56
XLF vs QQQMInvesco Nasdaq 100 ETF0.2%0.56
XLF vs EEMiShares MSCI Emerging Markets ETF0%0.37
XLF vs EWJiShares MSCI Japan ETF0%0.50
XLF vs FXIiShares China Large-Cap ETF0%0.28
XLF vs IBBiShares Biotechnology ETF0%0.44
XLF vs ICLNiShares Global Clean Energy ETF0%0.26
XLF vs IEMGiShares Core MSCI Emerging Markets ETF0%0.38
XLF vs IWMiShares Russell 2000 ETF0%0.72
XLF vs MDYSPDR S&P MidCap 400 ETF0%0.79
XLF vs SOXXiShares Semiconductor ETF0%0.40
XLF vs VNQVanguard Real Estate ETF0%0.59
XLF vs VWOVanguard FTSE Emerging Markets ETF0%0.43
XLF vs XLBMaterials Select Sector SPDR Fund0%0.61
XLF vs XLCCommunication Services Select Sector SPDR Fund0%0.63
XLF vs XLEEnergy Select Sector SPDR Fund0%0.34
XLF vs XLIIndustrial Select Sector SPDR Fund0%0.79
XLF vs XLKTechnology Select Sector SPDR Fund0%0.49
XLF vs XLPConsumer Staples Select Sector SPDR Fund0%0.38
XLF vs XLREReal Estate Select Sector SPDR Fund0%0.56
XLF vs XLUUtilities Select Sector SPDR Fund0%0.32
XLF vs XLVHealth Care Select Sector SPDR Fund0%0.46
XLF vs XLYConsumer Discretionary Select Sector SPDR Fund0%0.64