CGNT vs. XLE
CGNT (Cognyte Software Ltd.) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. Over the past 5 years, CGNT returned -19.21%/yr vs 23.67%/yr for XLE. Their 0.08 correlation means their historical movements had little consistent relationship.
Performance
CGNT vs. XLE - Performance Comparison
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Returns By Period
In the year-to-date period, CGNT achieves a -4.89% return, which is significantly lower than XLE's 35.03% return.
CGNT
- 1D
- 1.82%
- 1M
- -0.56%
- 6M
- -1.00%
- YTD
- -4.89%
- 1Y
- -1.00%
- 3Y*
- 15.78%
- 5Y*
- -19.21%
- 10Y*
- —
- ALL TIME*
- -21.37%
XLE
- 1D
- 1.00%
- 1M
- 11.89%
- 6M
- 18.26%
- YTD
- 35.03%
- 1Y
- 43.49%
- 3Y*
- 14.62%
- 5Y*
- 23.67%
- 10Y*
- 10.52%
- ALL TIME*
- 8.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.27M | $4.49M | $6.78M | |
| $1.70B | $1.73B | $1.97B |
CGNT vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CGNT Cognyte Software Ltd. | -4.89% | 8.67% | 34.53% | 106.75% | -80.15% | -53.15% |
XLE State Street Energy Select Sector SPDR ETF | 35.03% | 7.88% | 5.56% | -0.63% | 64.32% | 46.70% |
Correlation
The correlation between CGNT and XLE is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2021 | 0.08 |
The correlation between CGNT and XLE shifts across timeframes, from -0.13 (1 year) to 0.08 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CGNT vs. XLE — Risk / Return Rank
CGNT
XLE
CGNT vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cognyte Software Ltd. (CGNT) 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.
| CGNT | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.32 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 2.74 | -2.84 |
| Martin ratioReturn relative to average drawdown | -0.21 | 7.32 | -7.53 |
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Drawdowns
CGNT vs. XLE - Drawdown Comparison
The maximum CGNT drawdown since its inception was -92.97%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for CGNT and XLE.
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Drawdown Indicators
| CGNT | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.97% | -71.26% | -21.71% |
Max Drawdown (1Y)Largest decline over 1 year | -35.76% | -14.98% | -20.78% |
Max Drawdown (3Y)Largest decline over 3 years | -44.34% | -20.14% | -24.20% |
Max Drawdown (5Y)Largest decline over 5 years | -91.66% | -26.04% | -65.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.81% | — |
Current DrawdownCurrent decline from peak | -73.27% | -4.13% | -69.14% |
Average DrawdownAverage peak-to-trough decline | -69.89% | -17.93% | -51.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.56% | 5.62% | +10.94% |
Volatility
CGNT vs. XLE - Volatility Comparison
Cognyte Software Ltd. (CGNT) has a higher volatility of 9.96% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.85%. This indicates that CGNT'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.
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Volatility by Period
| CGNT | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.96% | 5.85% | +4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 44.94% | 16.71% | +28.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.50% | 21.05% | +30.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.90% | 25.77% | +32.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.34% | 29.57% | +27.77% |
Dividends
CGNT vs. XLE - Dividend Comparison
CGNT has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGNT Cognyte Software Ltd. | 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 State Street Energy Select Sector SPDR ETF | 2.55% | 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
CGNT and XLE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGNT has higher volatility (9.96%) compared to XLE (5.85%). In terms of maximum drawdown, CGNT dropped -92.97% vs XLE's -71.26%.
XLE currently has the higher Sharpe Ratio (1.95 vs -0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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