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

Correlation

The correlation between BNE and XLE is 0.37, 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.


-0.50.00.51.00.4

Performance

BNE vs. XLE - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.53%
-6.73%
BNE
XLE

Key characteristics

Returns By Period


BNE

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

XLE

YTD

3.43%

1M

-12.99%

6M

-6.51%

1Y

2.04%

5Y*

11.73%

10Y*

4.51%

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BNE vs. XLE - Expense Ratio Comparison

BNE has a 0.87% expense ratio, which is higher than XLE's 0.13% expense ratio.


BNE
Blue Horizon BNE ETF
Expense ratio chart for BNE: current value at 0.87% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.87%
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

BNE vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Blue Horizon BNE ETF (BNE) 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 BNE, currently valued at -0.10, compared to the broader market0.002.004.00-0.100.13
The chart of Sortino ratio for BNE, currently valued at -0.03, compared to the broader market-2.000.002.004.006.008.0010.00-0.030.30
The chart of Omega ratio for BNE, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.04
The chart of Calmar ratio for BNE, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.040.16
The chart of Martin ratio for BNE, currently valued at -0.27, compared to the broader market0.0020.0040.0060.0080.00100.00-0.270.38
BNE
XLE


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.10
0.13
BNE
XLE

Dividends

BNE vs. XLE - Dividend Comparison

BNE has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 3.43%.


TTM20232022202120202019201820172016201520142013
BNE
Blue Horizon BNE ETF
0.00%0.99%0.00%0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLE
Energy Select Sector SPDR Fund
3.43%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%1.73%

Drawdowns

BNE vs. XLE - Drawdown Comparison


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-32.73%
-12.99%
BNE
XLE

Volatility

BNE vs. XLE - Volatility Comparison

The current volatility for Blue Horizon BNE ETF (BNE) is 0.00%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 4.95%. This indicates that BNE 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.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
4.95%
BNE
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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