XLK Technology Sector: Relative Strength, Trend & Drawdown
A full dashboard for XLK, the Technology Select Sector SPDR ETF — its relative strength versus SPY, price against the 50/200-day moving averages, drawdown from all-time highs, stretch from the 200-day, annual returns, and seasonality. Full history back to 1999.
Today's reading
As of market close on August 4, 2026, XLK is leading the S&P 500 by +21.3 pts over the trailing year. Its 50-day moving average sits above the 200-day (a golden-cross uptrend). XLK trades +19.9% from its 200-day average — the 95th percentile of its history since 1999. It sits -5.7% below its June 2, 2026 all-time high. Relative strength is XLK divided by SPY — rising means technology is in favor versus the index, falling means it is ceding leadership.
Sources, methodology & freshnessLast updated 2026-08-04 · Open ↓Close ↑
50-day above the 200-day — a golden-cross uptrend. -5.7% below the all-time high of $198.21 set 2026-06-02.
XLK relative strength vs SPY
XLK divided by SPY, indexed to 100 at the start of the window. Above 100 means technology is beating the S&P 500; below means it is lagging. +70.2% vs SPY this window.
Price & 50/200-day moving averages
XLK price with its 50-day and 200-day simple moving averages. The 50d is above the 200d — a golden-cross uptrend.
Drawdown from all-time high
How far XLK trades below its running all-time high. The −80%+ dot-com collapse, 2008, and 2022 are all visible — a reminder of technology's downside, not just its compounding.
Stretch from the 200-day average
Percent above or below the 200-day moving average — a mean-reversion gauge. XLK currently sits +19.9% from its 200-day, the 95th percentile of its history.
Trailing returns: XLK vs SPY
Total return across horizons, and XLK's lead or lag versus the S&P 500.
| 1D | 1W | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|---|---|---|
| XLK | +5.0% | +9.2% | +1.8% | +15.3% | +28.7% | +29.8% | +45.4% | +110.1% | +144.3% |
| SPY | +1.8% | +4.1% | +2.7% | +7.4% | +10.9% | +13.1% | +24.1% | +68.8% | +75.7% |
| Δ vs SPY | +3.2 | +5.1 | -0.9 | +7.9 | +17.8 | +16.7 | +21.3 | +41.3 | +68.6 |
Annual returns: XLK vs SPY
Calendar-year total return since 1999 (XLK vs SPY). Faded bars are partial years (1999 inception and the current YTD).
Monthly seasonality
XLK's average month-over-month return by calendar month over its full history. The small ↑ figure under each month is the share of years that month closed positive.
thetrading.tools PRO
Talk to this data with your AI
PRO is an MCP server that plugs Claude, ChatGPT, Cursor or any AI agent straight into everything on this site — the live market scores, ~90 economic indicators with full histories, and every signal study. Ask a market question; your AI answers from our data, dated and sourced.
Cancel anytime
How XLK Technology Sector Dashboard Works
- 1Start with XLK relative to SPYThe headline chart divides XLK’s price by SPY and rebases it to 100 at the start of the window you pick. A rising line means technology is beating the S&P 500; a falling line means it is lagging. This strips out the market’s direction and isolates pure tech leadership — the line that fell for a decade after the dot-com bust and has trended up since 2010.
- 2Read the trend against the 50- and 200-day MAsThe price chart overlays XLK’s 50-day and 200-day simple moving averages (log-scale optional). Price above a rising 200-day is an uptrend; the 50-day crossing above the 200-day is a golden cross, below it a death cross. We flag the current regime in plain English.
- 3Gauge risk with drawdown and the 200-day stretchThe drawdown chart shows how far XLK sits below its running all-time high — the −82% dot-com collapse and the 2022 reset are visible in one glance. The stretch-from-200-day chart shows how far price has run from its long-term mean, with a historical percentile so you can see when tech is unusually extended or washed out.
- 4Put today in context: annual returns and seasonalityWe compare XLK’s calendar-year returns to SPY back to 1999, and average every month-over-month return by calendar month to surface technology’s seasonal tendencies. Each reading is dated to the session close — context, not a trade signal.