XLC vs SCHW
- 4 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
XLC and SCHW clearly differ on 4 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, XLC typically moved +0.30% and SCHW −1.7%.
| Economic force | XLCCommunication Services Select Sector SPDR Fund | SCHWCharles Schwab Corporation |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.09%−0.38% to +0.57%Not distinguishable from zero | +0.24%−2.3% to +2.8%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.30%−1.1% to +1.7%Not distinguishable from zero | +0.60%−3.9% to +5.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.52%−1.0% to −0.01%Tentative | −0.34%−1.9% to +1.2%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.01%−0.38% to +0.36%Not distinguishable from zero | +0.45%−0.37% to +1.3%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.07%−1.0% to +1.1%Not distinguishable from zero | +0.12%−3.1% to +3.3%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.53%−1.3% to +0.26%Not distinguishable from zero | −2.5%−4.8% to −0.23%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | +0.30%−0.12% to +0.72%Not distinguishable from zero | −1.7%−2.9% to −0.46%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.32%−0.83% to +0.19%Not distinguishable from zero | +1.5%+0.18% to +2.8%Tentative |
| GoldIn weeks when the price of gold rose 5% | +0.14%−0.27% to +0.56%Not distinguishable from zero | +0.31%−0.56% to +1.2%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.11%−0.34% to +0.12%Not distinguishable from zero | +0.22%−0.50% to +0.95%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10%Clear difference | +0.02%+0.01% to +0.02%Clear | −0.03%−0.06% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.04%−0.31% to +0.24%Not distinguishable from zero | −0.24%−1.3% to +0.80%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −0.25%−0.38% to −0.13%Clear | +0.22%+0.01% to +0.44%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −0.15%−0.24% to −0.05%Tentative | +0.50%+0.29% to +0.72%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.17%−0.27% to −0.07%Tentative | −0.11%−0.40% to +0.18%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.1%+0.27% to +1.9%Tentative | −0.85%−3.6% to +1.9%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.22%−0.10% to +0.53%Not distinguishable from zero | +0.37%−0.55% to +1.3%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.13%−0.24% to −0.03%Tentative | −0.13%−0.42% to +0.15%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.08%+0.02% to +0.14%Tentative | +0.11%−0.08% to +0.30%Not distinguishable from zero |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.