XLK vs VNQ — 20-Year Performance Comparison
Technology vs Real Estate (REIT) — backtested 2005–2024
XLK wins$163,362 vs $37,027 on $10,000 over 20 years
XLKTechnology
Final value$163,362
CAGR+15.0%
Max drawdown-42.3%
Best year+62% (2009)
Years won11 of 20
VNQReal Estate (REIT)
Final value$37,027
CAGR+6.8%
Max drawdown-47.3%
Best year+41% (2021)
Years won9 of 20
Growth of $10,000
2005–2024XLKVNQ
XLK$163,362
VNQ$37,027
50/50 mix$85,016
50/50 blend: $85,016 (+11.3%/yr CAGR)
Splitting equally between XLK and VNQ would have landed between the two — slightly lower CAGR than XLK but less volatility. Try a custom split →
Year-by-year: XLK vs VNQ
| Year | XLK | VNQ | Winner |
|---|---|---|---|
| 2024 | +24.0% | +4.8% | XLK |
| 2023 | +57.8% | +11.8% | XLK |
| 2022 | -28.2% | -26.2% | VNQ |
| 2021 | +34.5% | +40.5% | VNQ |
| 2020 | +43.9% | -4.7% | XLK |
| 2019 | +50.3% | +28.9% | XLK |
| 2018 | -1.6% | -6.0% | XLK |
| 2017 | +38.8% | +4.9% | XLK |
| 2016 | +13.9% | +8.6% | XLK |
| 2015 | +4.3% | +2.4% | XLK |
| 2014 | +19.8% | +30.4% | VNQ |
| 2013 | +27.7% | +2.3% | XLK |
| 2012 | +14.0% | +17.6% | VNQ |
| 2011 | +2.7% | +8.6% | VNQ |
| 2010 | +11.1% | +28.4% | VNQ |
| 2009 | +61.7% | +30.1% | XLK |
| 2008 | -42.3% | -37.0% | VNQ |
| 2007 | +16.4% | -16.3% | XLK |
| 2006 | +12.2% | +35.2% | VNQ |
| 2005 | +1.6% | +11.6% | VNQ |
More comparisons
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