AVGW vs. XLE

Last updated Jul 17, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - AVGW is a Derivative Income fund actively managed by Roundhill, while XLE is a Energy Equities fund tracking the Energy Select Sector Index. AVGW is actively managed, while XLE is passively managed. At a correlation of -0.15, they often move in opposite directions. AVGW charges 0.99%/yr vs 0.08%/yr for XLE.

Performance

AVGW vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street Energy Select Sector SPDR ETF (XLE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGW achieves a 6.65% return, which is significantly lower than XLE's 29.29% return.

AVGW

• 1D: -6.06%
• 1M: -1.07%
• 6M: 7.89%
• YTD: 6.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLE

• 1D: 0.92%
• 1M: 3.74%
• 6M: 21.42%
• YTD: 29.29%
• 1Y: 36.53%
• 3Y*: 15.59%
• 5Y*: 22.95%
• 10Y*: 9.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGW vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	6.65%	20.48%
XLE State Street Energy Select Sector SPDR ETF	29.29%	4.77%

Correlation

The correlation between AVGW and XLE is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	-0.15

AVGW vs. XLE - Sectors Allocation Comparison

Sectors	AVGW	XLE
Technology	26.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AVGW vs. XLE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVGW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XLE

XLE Risk / Return Rank: 59
XLE Sharpe Ratio Rank: 67
XLE Sortino Ratio Rank: 61
XLE Omega Ratio Rank: 57
XLE Calmar Ratio Rank: 61
XLE Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVGW vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street Energy Select Sector SPDR ETF (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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVGW	XLE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.75	—
Sortino ratio: Return per unit of downside risk	—	2.32	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.45	—
Martin ratio: Return relative to average drawdown	—	6.58	—

Drawdowns

AVGW vs. XLE - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for AVGW and XLE.

Drawdown Indicators

	AVGW	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-71.26%	+36.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.98%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	-26.88%	-8.20%	-18.68%
Average Drawdown Average peak-to-trough decline	-13.55%	-17.95%	+4.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.57%	—

Volatility

Volatility by Period

	AVGW	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.12%	20.96%	+36.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.12%	25.87%	+31.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.12%	29.58%	+27.54%

AVGW vs. XLE - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than XLE's 0.08% expense ratio.

Dividends

AVGW vs. XLE - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 69.48%, more than XLE's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGW Roundhill AVGO WeeklyPay™ ETF	69.48%	31.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.66%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both AVGW and XLE in my portfolio?

AVGW and XLE have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGW or XLE?

On fees, XLE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGW or XLE?

XLE is cheaper with a 0.08% expense ratio, compared with 0.99% for AVGW.

Which ETF pays a higher dividend yield, AVGW or XLE?

AVGW has the higher dividend yield at 69.48%, compared with 2.66% for XLE.

What is the main difference between AVGW and XLE?

AVGW is categorized as Derivative Income, while XLE is Energy Equities. They also come from different issuers: Roundhill and State Street. Their fees differ too: 0.99% for AVGW and 0.08% for XLE.