XLI vs DIA
- 1 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
XLI and DIA clearly differ on 1 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, XLI typically moved +0.08% and DIA −0.20%.
| Economic force | XLIIndustrial Select Sector SPDR Fund | DIASPDR Dow Jones Industrial Average ETF |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.37%−1.0% to +0.24%Not distinguishable from zero | −0.48%−1.0% to +0.06%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +1.9%+0.70% to +3.1%Clear | +1.0%+0.01% to +2.0%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.20%−0.74% to +0.35%Not distinguishable from zero | −0.04%−0.44% to +0.37%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | −0.41%−0.73% to −0.08%Tentative | −0.41%−0.60% to −0.21%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.05%−1.1% to +1.2%Not distinguishable from zero | −0.73%−1.4% to −0.07%Tentative |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.15%−0.62% to +0.92%Not distinguishable from zero | −0.15%−0.75% to +0.45%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.33%−0.66% to −0.01%Tentative | −0.10%−0.38% to +0.19%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.25%−0.72% to +0.22%Not distinguishable from zero | −0.07%−0.41% to +0.26%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.01%−0.29% to +0.27%Not distinguishable from zero | −0.05%−0.29% to +0.20%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.05%−0.29% to +0.19%Not distinguishable from zero | +0.03%−0.17% to +0.23%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.02%−0.03% to −0.01%Tentative | −0.01%−0.02% to 0.00%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.23%−0.62% to +0.16%Not distinguishable from zero | −0.15%−0.39% to +0.09%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.37%+0.28% to +0.46%Clear | +0.23%+0.17% to +0.29%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.47%+0.39% to +0.56%Clear | +0.39%+0.34% to +0.43%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +0.08%−0.03% to +0.19%Not distinguishable from zero | −0.20%−0.27% to −0.12%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.71%−1.8% to +0.38%Not distinguishable from zero | +0.09%−0.55% to +0.73%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | 0.00%−0.38% to +0.37%Not distinguishable from zero | +0.10%−0.13% to +0.34%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.01%−0.11% to +0.12%Not distinguishable from zero | −0.11%−0.19% to −0.03%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.03%−0.09% to +0.04%Not distinguishable from zero | +0.04%0.00% to +0.08%Tentative |
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.