ALE vs. XLU
Compare and contrast key facts about ALLETE, Inc. (ALE) and Utilities Select Sector SPDR Fund (XLU).
XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALE or XLU.
Key characteristics
| ALE | XLU | |
|---|---|---|
| YTD Return | 8.35% | 24.74% |
| 1Y Return | 19.89% | 28.91% |
| 3Y Return (Ann) | 3.96% | 8.07% |
| 5Y Return (Ann) | -0.97% | 7.59% |
| 10Y Return (Ann) | 5.98% | 8.79% |
| Sharpe Ratio | 1.09 | 1.86 |
| Sortino Ratio | 1.99 | 2.62 |
| Omega Ratio | 1.26 | 1.33 |
| Calmar Ratio | 0.66 | 1.43 |
| Martin Ratio | 5.28 | 9.33 |
| Ulcer Index | 3.58% | 3.18% |
| Daily Std Dev | 17.33% | 15.94% |
| Max Drawdown | -73.95% | -52.27% |
| Current Drawdown | -10.44% | -6.09% |
Correlation
The correlation between ALE and XLU is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALE vs. XLU - Performance Comparison
In the year-to-date period, ALE achieves a 8.35% return, which is significantly lower than XLU's 24.74% return. Over the past 10 years, ALE has underperformed XLU with an annualized return of 5.98%, while XLU has yielded a comparatively higher 8.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALE vs. XLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) and Utilities Select Sector SPDR Fund (XLU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALE vs. XLU - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 4.36%, more than XLU's 2.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 4.36% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% | 3.81% |
XLU Utilities Select Sector SPDR Fund | 2.86% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% | 3.19% | 3.86% |
Drawdowns
ALE vs. XLU - Drawdown Comparison
The maximum ALE drawdown since its inception was -73.95%, which is greater than XLU's maximum drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for ALE and XLU. For additional features, visit the drawdowns tool.
Volatility
ALE vs. XLU - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 0.82%, while Utilities Select Sector SPDR Fund (XLU) has a volatility of 5.54%. This indicates that ALE experiences smaller price fluctuations and is considered to be less risky than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.