ROL vs XLY: Correlation
How closely do Rollins, Inc. (ROL) and Consumer Discretionary Select Sector SPDR Fund (XLY) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ROL and XLY?
On 3 years of weekly data the ROL/XLY correlation comes out at 0.35, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.35 over 3. The 5-year figure is 0.36, and annualized covariance runs at 160.1 %².
By 3-year correlation, XLY places #15 of the 33 assets tracked against ROL. The last year tells two different stories: XLY led by 35.6 percentage points, -35.7% for ROL against -0.1% for XLY. On a rolling one-year basis the correlation drifted between 0.22 and 0.48, a moderate band.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ROL vs XLY: side by side
| ROL (Rollins, Inc.) | XLY (Consumer Discretionary Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -35.7% | -0.1% |
| 5-year return | -1.8% | +31.8% |
| Volatility (ann.) | 23.2% | 19.7% |
| Beta vs S&P 500 | 0.51 | 1.15 |
| Max drawdown (3Y) | -44.6% | -26.0% |
| Market cap | $17.3B | – |
| P/E (trailing) | 32.7 | – |
| Dividend yield | 1.94% | 0.78% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $22.5B |
| Sector / category | Industrials | Sector ETF |
XLY is a Consumer Cyclical fund from State Street Investment Management: $22.5B under management, 47 holdings, a 0.08% expense ratio, a 0.78% trailing dividend yield.
Year-by-year returns
| Year | ROL | XLY |
|---|---|---|
| 2022 | +8.1% | -36.3% |
| 2023 | +21.2% | +39.6% |
| 2024 | +7.6% | +26.5% |
| 2025 | +31.1% | +7.4% |
| 2026 | -39.4% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ROL and XLY good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ROL and XLY?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.31 over the last year and 0.36 over 5 years.
Is XLY a good diversifier for ROL?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rol-vs-xly.json
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Related comparisons
Hubs: ROL correlations · XLY correlations
