CRS vs. XLE
CRS (Carpenter Technology Corporation) 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 10 years, CRS returned 32.64%/yr vs 9.42%/yr for XLE. At a 0.49 correlation, their price movements are largely independent.
Performance
CRS vs. XLE - Performance Comparison
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Returns By Period
In the year-to-date period, CRS achieves a 80.23% return, which is significantly higher than XLE's 28.66% return. Over the past 10 years, CRS has outperformed XLE with an annualized return of 32.64%, while XLE has yielded a comparatively lower 9.42% annualized return.
CRS
- 1D
- -2.03%
- 1M
- 0.95%
- 6M
- 75.77%
- YTD
- 80.23%
- 1Y
- 104.47%
- 3Y*
- 116.71%
- 5Y*
- 73.63%
- 10Y*
- 32.64%
XLE
- 1D
- 3.01%
- 1M
- -0.70%
- 6M
- 24.13%
- YTD
- 28.66%
- 1Y
- 31.29%
- 3Y*
- 15.32%
- 5Y*
- 21.79%
- 10Y*
- 9.42%
CRS vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 80.23% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
XLE State Street Energy Select Sector SPDR ETF | 28.66% | 7.88% | 5.56% | -0.63% | 64.32% | 53.28% | -32.67% | 11.74% | -18.22% | -0.89% |
Correlation
The correlation between CRS and XLE is -0.10, 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 (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.49 |
The correlation between CRS and XLE shifts across timeframes, from -0.10 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CRS vs. XLE — Risk / Return Rank
CRS
XLE
CRS vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carpenter Technology Corporation (CRS) 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.
| CRS | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 5.51 | 2.10 | +3.41 |
| Martin ratioReturn relative to average drawdown | 12.89 | 5.70 | +7.19 |
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Drawdowns
CRS vs. XLE - Drawdown Comparison
The maximum CRS drawdown since its inception was -84.68%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for CRS and XLE.
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Drawdown Indicators
| CRS | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.68% | -71.26% | -13.42% |
Max Drawdown (1Y)Largest decline over 1 year | -19.08% | -14.98% | -4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -20.14% | -8.60% |
Max Drawdown (5Y)Largest decline over 5 years | -41.86% | -26.04% | -15.82% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | -66.81% | -7.89% |
Current DrawdownCurrent decline from peak | -8.46% | -8.65% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -27.18% | -17.95% | -9.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 5.53% | +2.60% |
Volatility
CRS vs. XLE - Volatility Comparison
Carpenter Technology Corporation (CRS) has a higher volatility of 11.85% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.32%. This indicates that CRS'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
| CRS | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 7.32% | +4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 33.06% | 16.68% | +16.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.90% | 21.06% | +27.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.51% | 25.95% | +20.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.75% | 29.58% | +19.17% |
Dividends
CRS vs. XLE - Dividend Comparison
CRS's dividend yield for the trailing twelve months is around 0.14%, less than XLE's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
XLE State Street Energy Select Sector SPDR ETF | 2.67% | 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
CRS and XLE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRS has higher volatility (11.85%) compared to XLE (7.32%). In terms of maximum drawdown, CRS dropped -84.68% vs XLE's -71.26%.
CRS currently has the higher Sharpe Ratio (2.15 vs 1.50), 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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