COMT vs. XLE
Compare and contrast key facts about iShares Commodities Select Strategy ETF (COMT) and Energy Select Sector SPDR Fund (XLE).
COMT and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014. 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: COMT or XLE.
Correlation
The correlation between COMT and XLE is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
COMT vs. XLE - Performance Comparison
Key characteristics
COMT:
0.15
XLE:
0.13
COMT:
0.30
XLE:
0.29
COMT:
1.03
XLE:
1.04
COMT:
0.08
XLE:
0.17
COMT:
0.45
XLE:
0.39
COMT:
4.64%
XLE:
5.96%
COMT:
14.34%
XLE:
17.91%
COMT:
-51.89%
XLE:
-71.54%
COMT:
-22.52%
XLE:
-13.59%
Returns By Period
In the year-to-date period, COMT achieves a 3.65% return, which is significantly higher than XLE's 2.71% return. Over the past 10 years, COMT has underperformed XLE with an annualized return of 2.24%, while XLE has yielded a comparatively higher 4.37% annualized return.
COMT
3.65%
-0.05%
-5.06%
1.12%
5.46%
2.24%
XLE
2.71%
-12.44%
-3.63%
1.09%
11.81%
4.37%
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COMT vs. XLE - Expense Ratio Comparison
COMT has a 0.48% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
COMT vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodities Select Strategy ETF (COMT) 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
COMT vs. XLE - Dividend Comparison
COMT's dividend yield for the trailing twelve months is around 10.27%, more than XLE's 2.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 5.01% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% | 0.00% |
XLE Energy Select Sector SPDR Fund | 2.59% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
COMT vs. XLE - Drawdown Comparison
The maximum COMT drawdown since its inception was -51.89%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for COMT and XLE. For additional features, visit the drawdowns tool.
Volatility
COMT vs. XLE - Volatility Comparison
The current volatility for iShares Commodities Select Strategy ETF (COMT) is 3.19%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 5.02%. This indicates that COMT 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.