SPY vs XLK

SPDR S&P 500 ETF against The Technology Select Sector SPDR Fund — live side-by-side technical comparison.

Prices as of 2026-11-10T17:31:59+00:00 UTC · updates daily

Who leads right now

SPY leads 4 of the 7 windows we measure — over 1 month SPY is -4.1% and XLK -15.7%; over year to date SPY is +9.5% and XLK +16.4%. The SPY/XLK price ratio stands at 4.458, above its 50-day average of 4.0817, and above the 200-day average of 4.3315. A ratio above its own average means SPY is gaining on XLK; on this reading the recent edge belongs to SPY.

SPY/XLK over the last year

SPY/XLK price ratio · dashed: its 50- and 200-day lines · ratio above its 50-day line = SPY gaining on XLK
3.7854.2064.6265.046
Both rebased to 100 on 2025-11-10
100102.4120.6136.5SPYXLK
Ask
Compare SPY and XLK: which has been stronger over the last year, and where does each stand against its 200-day average? Ask the analyst about this pair →

Performance side by side

SPYXLK
Price$746.61 $167.64
1 day -0.8%lead -1.9%
5 days -1.0%lead -5.0%
1 month -4.1%lead -15.7%
6 months +1.2%lead -4.5%
Year to date +9.5% +16.4%lead
1 year +9.7% +13.4%lead
2 years +24.9% +41.4%lead
52-week position 77% of range 53% of range
52-week range $629.28–$781.62 $126.68–$203.25
vs 50-day average below $764.95 below $187.77
vs 200-day average above $730.97 below $170.44
RSI (14) 43 35
Next earnings — —

Where each one stands

SPY — SPDR S&P 500 ETF

SPY trades at $746.61, below its 50-day average of $764.95, and above the 200-day at $730.97. It sits at 77% of its 52-week range ($629.28–$781.62); 14-day RSI is 43, in neutral territory; an average session moves it about 1.6%. For levels, the first level overhead is $750.00 (0.4% away) and the first support below is $730.97 (2.2% down). On the checklist the page runs for every asset, 2 of 6 checks read bullish — the lean is bearish.

XLK — The Technology Select Sector SPDR Fund

XLK trades at $167.64, below its 50-day average of $187.77, and below the 200-day at $170.44. It sits at 53% of its 52-week range ($126.68–$203.25); 14-day RSI is 35, in neutral territory; an average session moves it about 3.4%. For levels, the first level overhead is $170.44 (1.7% away) and the first support below is $150.00 (10.5% down). On the checklist the page runs for every asset, 1 of 6 checks read bullish — the lean is bearish.

Which one moves harder

XLK is the more volatile of the two — an average session moves it 3.4% against 1.6% for SPY, so an identical position size carries roughly 2.1× the daily risk.

What would change the picture

The comparison turns on those levels: SPY clearing $750.00 or losing $730.97; XLK clearing $170.44 or losing $150.00. Until one of them gives way, the relative reading above stands.

Questions people ask about SPY vs XLK

Which is performing better right now, SPY or XLK?
Over the past month SPY is -4.1% and XLK is -15.7%, so SPY is ahead on that window. Year to date the figures are +9.5% for SPY and +16.4% for XLK.
Which has done better over the last year, SPY or XLK?
Over the last year SPY is +9.7% and XLK is +13.4%, so XLK is ahead on that window. Over two years it is +24.9% against +41.4%.
Is SPY or XLK more volatile?
XLK is the more volatile of the two — an average session moves it 3.4% against 1.6% for SPY, so an identical position size carries roughly 2.1× the daily risk.
What are the key levels for SPY and XLK?
SPY: resistance $750.00, support $730.97; XLK: resistance $170.44, support $150.00. Levels come from recent swing zones and round numbers, recomputed daily.
What does the SPY/XLK ratio mean?
It is simply SPY's price divided by XLK's — 4.458 today. When the ratio rises, SPY is outperforming; when it falls, XLK is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical briefs

SPY →
SPDR S&P 500 ETF
Full technical brief: trend, levels, chart, news
XLK →
The Technology Select Sector SPDR Fund
Full technical brief: trend, levels, chart, news

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