ASUR vs. XLE
Compare and contrast key facts about Asure Software, Inc. (ASUR) and Energy Select Sector SPDR Fund (XLE).
XLE is a passively managed fund by State Street that tracks the performance of the Energy 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: ASUR or XLE.
Key characteristics
| ASUR | XLE | |
|---|---|---|
| YTD Return | -16.39% | 11.29% |
| 1Y Return | -43.22% | 21.23% |
| 3Y Return (Ann) | -0.21% | 27.24% |
| 5Y Return (Ann) | 2.81% | 12.97% |
| 10Y Return (Ann) | 2.50% | 3.75% |
| Sharpe Ratio | -0.76 | 1.01 |
| Daily Std Dev | 55.14% | 18.77% |
| Max Drawdown | -99.53% | -71.54% |
| Current Drawdown | -95.36% | -5.63% |
Correlation
The correlation between ASUR and XLE is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ASUR vs. XLE - Performance Comparison
In the year-to-date period, ASUR achieves a -16.39% return, which is significantly lower than XLE's 11.29% return. Over the past 10 years, ASUR has underperformed XLE with an annualized return of 2.50%, while XLE has yielded a comparatively higher 3.75% 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
ASUR vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Asure Software, Inc. (ASUR) and Energy Select Sector SPDR Fund (XLE). 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
ASUR vs. XLE - Dividend Comparison
ASUR has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 3.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASUR Asure Software, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE Energy Select Sector SPDR Fund | 3.15% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
ASUR vs. XLE - Drawdown Comparison
The maximum ASUR drawdown since its inception was -99.53%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for ASUR and XLE. For additional features, visit the drawdowns tool.
Volatility
ASUR vs. XLE - Volatility Comparison
Asure Software, Inc. (ASUR) has a higher volatility of 11.55% compared to Energy Select Sector SPDR Fund (XLE) at 4.67%. This indicates that ASUR's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.