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BACAX vs. XLE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BACAX and XLE is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

BACAX vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Energy Opportunities Fund (BACAX) and Energy Select Sector SPDR Fund (XLE). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
2.27%
5.76%
BACAX
XLE

Key characteristics

Sharpe Ratio

BACAX:

1.05

XLE:

1.21

Sortino Ratio

BACAX:

1.43

XLE:

1.66

Omega Ratio

BACAX:

1.18

XLE:

1.22

Calmar Ratio

BACAX:

0.40

XLE:

1.48

Martin Ratio

BACAX:

2.98

XLE:

3.32

Ulcer Index

BACAX:

5.50%

XLE:

6.41%

Daily Std Dev

BACAX:

15.65%

XLE:

17.63%

Max Drawdown

BACAX:

-82.42%

XLE:

-71.54%

Current Drawdown

BACAX:

-31.05%

XLE:

-2.59%

Returns By Period

In the year-to-date period, BACAX achieves a 7.04% return, which is significantly lower than XLE's 9.69% return. Over the past 10 years, BACAX has underperformed XLE with an annualized return of 3.39%, while XLE has yielded a comparatively higher 6.17% annualized return.


BACAX

YTD

7.04%

1M

10.10%

6M

0.88%

1Y

16.20%

5Y*

11.03%

10Y*

3.39%

XLE

YTD

9.69%

1M

12.61%

6M

4.08%

1Y

21.09%

5Y*

15.36%

10Y*

6.17%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BACAX vs. XLE - Expense Ratio Comparison

BACAX has a 1.32% expense ratio, which is higher than XLE's 0.13% expense ratio.


BACAX
BlackRock Energy Opportunities Fund
Expense ratio chart for BACAX: current value at 1.32% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.32%
Expense ratio chart for XLE: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

BACAX vs. XLE — Risk-Adjusted Performance Rank

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

BACAX
The Risk-Adjusted Performance Rank of BACAX is 4242
Overall Rank
The Sharpe Ratio Rank of BACAX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of BACAX is 4949
Sortino Ratio Rank
The Omega Ratio Rank of BACAX is 4444
Omega Ratio Rank
The Calmar Ratio Rank of BACAX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of BACAX is 3838
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 4444
Overall Rank
The Sharpe Ratio Rank of XLE is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 4343
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 4545
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 5252
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BACAX vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Energy Opportunities Fund (BACAX) 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.


Sharpe ratio
The chart of Sharpe ratio for BACAX, currently valued at 1.05, compared to the broader market-1.000.001.002.003.004.001.051.21
The chart of Sortino ratio for BACAX, currently valued at 1.43, compared to the broader market0.005.0010.001.431.66
The chart of Omega ratio for BACAX, currently valued at 1.18, compared to the broader market1.002.003.004.001.181.22
The chart of Calmar ratio for BACAX, currently valued at 0.40, compared to the broader market0.005.0010.0015.0020.000.401.48
The chart of Martin ratio for BACAX, currently valued at 2.98, compared to the broader market0.0020.0040.0060.0080.002.983.32
BACAX
XLE

The current BACAX Sharpe Ratio is 1.05, which is comparable to the XLE Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of BACAX and XLE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.00AugustSeptemberOctoberNovemberDecember2025
1.05
1.21
BACAX
XLE

Dividends

BACAX vs. XLE - Dividend Comparison

BACAX's dividend yield for the trailing twelve months is around 2.14%, less than XLE's 3.06% yield.


TTM20242023202220212020201920182017201620152014
BACAX
BlackRock Energy Opportunities Fund
2.14%2.29%3.06%2.20%2.39%3.39%2.69%2.88%2.48%1.95%1.98%1.22%
XLE
Energy Select Sector SPDR Fund
3.06%3.36%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%

Drawdowns

BACAX vs. XLE - Drawdown Comparison

The maximum BACAX drawdown since its inception was -82.42%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for BACAX and XLE. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-31.05%
-2.59%
BACAX
XLE

Volatility

BACAX vs. XLE - Volatility Comparison

The current volatility for BlackRock Energy Opportunities Fund (BACAX) is 3.83%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 4.93%. This indicates that BACAX experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%AugustSeptemberOctoberNovemberDecember2025
3.83%
4.93%
BACAX
XLE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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