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DASHBOARDS: Portfolio Hub Market Pulse Performance Compare Studio

XLI

The Industrial Select Sector SPDR Fund
TREND FOLLOWING PERFORMANCE HISTORY
2026-08-18
Executive Summary
The quantitative backtest for XLI (The Industrial Select Sector SPDR Fund) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -26.5% (compared to the benchmark's drawdown of -62.3%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 8.7%, compared to a Buy-and-Hold benchmark return of 9.1%. The strategy executed 75 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ XLI Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-26.5% (vs -62.3% B&H)
+35.8% shallower drawdown
Downside Efficiency
0.82 Sortino
+0.29 vs 0.53 B&H
Capital Sheltered from Risk
25.6% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 XLI Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-12.21%-12.21%-15.79%-21.64%-20.66%-42.33%-26.48%-62.26%
Sharpe Ratio1.221.220.720.750.840.650.640.41
Sortino Ratio1.921.921.031.101.130.810.820.53
CAGR23.15%23.15%10.23%13.95%12.74%13.96%8.70%9.05%
% Time Invested100.0%100.0%80.8%100.0%83.6%100.0%74.4%100.0%
Trades / Year0.00.02.20.02.60.02.90.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of XLI under the Excess Return MMA strategy (Investing) versus Buy & Hold. The strategy produced a 8.7% CAGR with a -26.5% Max Drawdown across 75 trade signals (compared to Buy & Hold's 9.1% CAGR and -62.3% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for XLI under Excess Return MMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for XLI under Excess Return MMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
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2025-03-07 2025-06-24 Interest (CASH) 33.33% $1.00 $1.01 1.26% Interest Income
2025-04-07 2025-04-30 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2025-04-07 2025-04-30 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2023-04-04 2025-04-07 Completed 33.33% $96.74 $112.85 16.59% Stop
2023-01-24 2025-04-07 Completed 33.33% $94.53 $112.85 19.31% Stop
2024-09-09 2025-03-07 Completed 33.33% $123.56 $129.48 4.74% Signal
2024-08-15 2024-09-09 Interest (CASH) 33.33% $1.00 $1.00 0.32% Interest Income
2023-12-15 2024-08-15 Completed 33.33% $108.57 $123.25 13.47% Signal
2023-11-02 2023-12-15 Interest (CASH) 33.33% $1.00 $1.01 0.64% Interest Income
2023-07-10 2023-11-02 Completed 33.33% $101.74 $95.94 -5.75% Signal
2023-05-08 2023-07-10 Interest (CASH) 33.33% $1.00 $1.01 0.88% Interest Income
2022-12-08 2023-05-08 Completed 33.33% $94.23 $95.29 1.08% Signal
2022-10-25 2023-04-04 Interest (CASH) 33.33% $1.00 $1.02 1.98% Interest Income
2022-05-02 2023-01-24 Interest (CASH) 33.33% $1.00 $1.02 2.20% Interest Income
2022-11-15 2022-12-08 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2022-10-13 2022-11-15 Completed 33.33% $78.33 $94.54 20.63% Signal
2022-10-18 2022-10-25 Completed 33.33% $83.64 $84.88 1.43% Signal
2022-09-26 2022-10-18 Interest (CASH) 33.33% $1.00 $1.00 0.22% Interest Income
2022-03-11 2022-10-13 Interest (CASH) 33.33% $1.00 $1.01 1.10% Interest Income
2022-06-15 2022-09-26 Completed 33.33% $82.99 $79.88 -3.79% Stop
2022-05-23 2022-06-15 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2021-02-10 2022-05-23 Completed 33.33% $83.29 $84.89 1.88% Stop
2020-08-12 2022-05-02 Completed 33.33% $71.41 $89.04 24.62% Signal
2021-12-06 2022-03-11 Completed 33.33% $96.02 $92.72 -3.48% Signal
2021-11-11 2021-12-06 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-11-09 2021-11-11 Completed 33.33% $99.56 $99.27 -0.35% Signal
2021-10-11 2021-11-09 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2020-07-09 2021-10-11 Completed 33.33% $62.63 $93.79 49.68% Signal
2020-12-28 2021-02-10 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-03-24 2020-12-28 Completed 33.33% $47.09 $81.63 73.26% Signal
2020-04-30 2020-08-12 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2020-03-26 2020-07-09 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2020-03-24 2020-04-30 Completed 33.33% $47.09 $58.79 24.79% Signal
2020-03-24 2020-03-26 Completed 33.33% $47.09 $53.63 13.84% Signal
2020-03-02 2020-03-24 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2020-03-02 2020-03-24 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2020-03-02 2020-03-24 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2019-11-12 2020-03-02 Completed 33.33% $73.62 $66.78 -9.34% Stop
2019-02-07 2020-03-02 Completed 33.33% $64.59 $66.78 3.34% Stop
2019-02-07 2020-03-02 Completed 33.33% $64.59 $66.78 3.34% Stop
2019-10-03 2019-11-12 Interest (CASH) 33.33% $1.00 $1.00 0.18% Interest Income
2019-09-13 2019-10-03 Completed 33.33% $70.87 $66.65 -6.00% Stop
2019-08-21 2019-09-13 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2019-01-18 2019-08-21 Completed 33.33% $61.48 $67.16 9.17% Signal
2018-12-07 2019-02-07 Interest (CASH) 33.33% $1.00 $1.00 0.39% Interest Income
2018-10-25 2019-02-07 Interest (CASH) 33.33% $1.00 $1.01 0.66% Interest Income
2018-12-26 2019-01-18 Interest (CASH) 33.33% $1.00 $1.00 0.15% Interest Income
2018-11-21 2018-12-26 Completed 33.33% $61.48 $53.61 -12.85% Stop
2018-11-16 2018-12-07 Completed 33.33% $63.15 $61.30 -2.97% Signal
2018-10-30 2018-11-21 Interest (CASH) 33.33% $1.00 $1.00 0.15% Interest Income
2018-10-25 2018-11-16 Interest (CASH) 33.33% $1.00 $1.00 0.15% Interest Income
2016-07-15 2018-10-30 Completed 33.33% $49.58 $59.70 20.35% Stop
2018-10-03 2018-10-25 Completed 33.33% $70.01 $61.21 -12.61% Stop
2018-08-28 2018-10-25 Completed 33.33% $68.13 $61.21 -10.20% Stop
2018-09-11 2018-10-03 Interest (CASH) 33.33% $1.00 $1.00 0.14% Interest Income
2016-04-19 2018-09-11 Completed 33.33% $47.22 $67.96 43.84% Signal
2018-05-15 2018-08-28 Interest (CASH) 33.33% $1.00 $1.01 0.57% Interest Income
2016-04-19 2018-05-15 Completed 33.33% $47.22 $64.67 36.87% Signal
2016-03-30 2016-07-15 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2016-02-25 2016-04-19 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2015-08-25 2016-04-19 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2015-09-17 2016-03-30 Completed 33.33% $43.20 $46.88 8.48% Signal
2016-02-12 2016-02-25 Completed 33.33% $40.80 $43.19 5.81% Signal
2016-01-21 2016-02-12 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2015-12-09 2016-01-21 Completed 33.33% $44.07 $39.99 -9.29% Stop
2015-07-10 2015-12-09 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2015-08-25 2015-09-17 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2012-03-14 2015-08-25 Completed 33.33% $28.93 $41.69 44.04% Stop
2011-08-29 2015-08-25 Completed 33.33% $23.70 $41.69 75.79% Stop
2014-11-11 2015-07-10 Completed 33.33% $45.81 $44.59 -2.71% Signal
2014-10-13 2014-11-11 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2012-09-13 2014-10-13 Completed 33.33% $28.67 $40.93 42.72% Signal
2012-06-22 2012-09-13 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2011-12-21 2012-06-22 Completed 33.33% $25.62 $26.89 4.91% Signal
2011-10-05 2012-03-14 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2011-07-29 2011-12-21 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2011-08-25 2011-10-05 Completed 33.33% $23.56 $22.23 -5.70% Stop
2011-08-05 2011-08-29 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2011-08-03 2011-08-25 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2010-06-18 2011-08-05 Completed 33.33% $22.26 $24.41 9.57% Stop
2010-06-01 2011-08-03 Completed 33.33% $21.68 $25.23 16.33% Stop
2010-10-05 2011-07-29 Completed 33.33% $23.42 $26.15 11.62% Signal
2010-07-30 2010-10-05 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2010-06-01 2010-07-30 Completed 33.33% $21.68 $22.22 2.46% Signal
2010-05-26 2010-06-18 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-05-07 2010-06-01 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-05-07 2010-06-01 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2009-09-15 2010-05-26 Completed 33.33% $19.45 $21.72 11.63% Stop
2009-08-25 2010-05-07 Completed 33.33% $18.60 $22.79 22.46% Stop
2009-07-31 2010-05-07 Completed 33.33% $17.37 $22.79 31.14% Stop
2009-03-23 2009-09-15 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2009-03-23 2009-08-25 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2009-07-09 2009-07-31 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2009-06-02 2009-07-09 Completed 33.33% $16.93 $15.07 -11.03% Stop
2009-03-23 2009-06-02 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2009-03-19 2009-03-23 Completed 33.33% $13.26 $12.90 -2.74% Stop
2009-03-19 2009-03-23 Completed 33.33% $13.26 $12.90 -2.74% Stop
2009-03-19 2009-03-23 Completed 33.33% $13.26 $12.90 -2.74% Stop
2008-09-30 2009-03-19 Interest (CASH) 33.33% $1.00 $1.00 0.13% Interest Income
2008-07-24 2009-03-19 Interest (CASH) 33.33% $1.00 $1.00 0.40% Interest Income
2008-03-12 2009-03-19 Interest (CASH) 33.33% $1.00 $1.01 0.99% Interest Income
2008-07-28 2008-09-30 Completed 33.33% $24.42 $21.29 -12.86% Stop
2008-07-03 2008-07-28 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2008-07-22 2008-07-24 Completed 33.33% $24.06 $24.92 3.53% Signal
2008-06-27 2008-07-22 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2008-02-12 2008-07-03 Completed 33.33% $25.75 $23.54 -8.64% Stop
2008-05-20 2008-06-27 Completed 33.33% $27.65 $24.06 -13.05% Stop
2008-01-02 2008-05-20 Interest (CASH) 33.33% $1.00 $1.01 0.71% Interest Income
2008-02-01 2008-03-12 Completed 33.33% $26.13 $25.26 -3.34% Signal
2008-01-18 2008-02-12 Interest (CASH) 33.33% $1.00 $1.00 0.14% Interest Income
2008-01-09 2008-02-01 Interest (CASH) 33.33% $1.00 $1.00 0.17% Interest Income
2003-11-03 2008-01-18 Completed 33.33% $16.26 $24.40 49.99% Stop
2007-09-11 2008-01-09 Completed 33.33% $26.76 $25.43 -5.05% Stop
2007-09-11 2008-01-02 Completed 33.33% $26.76 $27.31 2.01% Signal
2007-08-17 2007-09-11 Interest (CASH) 33.33% $1.00 $1.00 0.25% Interest Income
2007-08-17 2007-09-11 Interest (CASH) 33.33% $1.00 $1.00 0.25% Interest Income
2007-01-23 2007-08-17 Completed 33.33% $24.23 $26.73 10.25% Stop
2006-09-06 2007-08-17 Completed 33.33% $22.12 $26.73 20.75% Stop
2006-10-31 2007-01-23 Interest (CASH) 33.33% $1.00 $1.01 1.08% Interest Income
2005-11-28 2006-10-31 Completed 33.33% $21.28 $23.50 10.39% Signal
2006-08-04 2006-09-06 Interest (CASH) 33.33% $1.00 $1.00 0.43% Interest Income
2005-11-28 2006-08-04 Completed 33.33% $21.28 $22.04 3.55% Signal
2005-10-19 2005-11-28 Interest (CASH) 33.33% $1.00 $1.00 0.42% Interest Income
2005-08-30 2005-11-28 Interest (CASH) 33.33% $1.00 $1.01 0.91% Interest Income
2005-09-28 2005-10-19 Completed 33.33% $20.10 $19.81 -1.49% Signal
2005-04-28 2005-09-28 Interest (CASH) 33.33% $1.00 $1.01 1.35% Interest Income
2003-07-16 2005-08-30 Completed 33.33% $14.73 $19.87 34.80% Signal
2004-06-22 2005-04-28 Completed 33.33% $18.40 $19.50 5.91% Signal
2004-05-25 2004-06-22 Interest (CASH) 33.33% $1.00 $1.00 0.09% Interest Income
2003-05-21 2004-05-25 Completed 33.33% $13.75 $17.38 26.33% Signal
2001-10-12 2003-11-03 Interest (CASH) 33.33% $1.00 $1.03 2.95% Interest Income
2001-03-19 2003-07-16 Interest (CASH) 33.33% $1.00 $1.05 4.64% Interest Income
2003-01-23 2003-05-21 Interest (CASH) 33.33% $1.00 $1.00 0.37% Interest Income
2003-01-17 2003-01-23 Completed 33.33% $13.27 $12.95 -2.49% Signal
2002-06-06 2003-01-17 Interest (CASH) 33.33% $1.00 $1.01 0.94% Interest Income
2002-05-22 2002-06-06 Completed 33.33% $16.35 $15.74 -3.77% Signal
2002-04-30 2002-05-22 Interest (CASH) 33.33% $1.00 $1.00 0.11% Interest Income
2002-01-10 2002-04-30 Completed 33.33% $17.38 $15.86 -8.81% Stop
2001-09-17 2002-01-10 Interest (CASH) 33.33% $1.00 $1.01 0.63% Interest Income
2001-10-08 2001-10-12 Completed 33.33% $15.56 $16.20 4.09% Signal
2001-09-10 2001-10-08 Interest (CASH) 33.33% $1.00 $1.00 0.15% Interest Income
2001-07-02 2001-09-17 Completed 33.33% $18.39 $16.61 -9.72% Signal
2001-04-16 2001-09-10 Completed 33.33% $17.58 $16.83 -4.28% Stop
2001-02-09 2001-07-02 Interest (CASH) 33.33% $1.00 $1.02 1.57% Interest Income
2001-03-22 2001-04-16 Interest (CASH) 33.33% $1.00 $1.00 0.26% Interest Income
2000-12-14 2001-03-22 Completed 33.33% $19.67 $16.57 -15.81% Stop
2000-12-14 2001-03-19 Completed 33.33% $19.67 $17.13 -12.94% Stop
2001-01-29 2001-02-09 Completed 33.33% $19.54 $19.37 -0.89% Signal
2001-01-04 2001-01-29 Interest (CASH) 33.33% $1.00 $1.00 0.33% Interest Income
2000-12-14 2001-01-04 Completed 33.33% $19.67 $19.83 0.77% Signal
2000-12-12 2000-12-14 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2000-12-12 2000-12-14 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2000-12-12 2000-12-14 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income