DTE vs. XEL
DTE (DTE Energy Company) and XEL (Xcel Energy Inc.) are both stocks. Both operate in the Utilities - Regulated Electric industry within the Utilities sector. Over the past 10 years, DTE returned 9.58%/yr vs 9.57%/yr for XEL. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
DTE vs. XEL - Performance Comparison
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Returns By Period
In the year-to-date period, DTE achieves a 10.81% return, which is significantly higher than XEL's 5.55% return. Both investments have delivered pretty close results over the past 10 years, with DTE having a 9.58% annualized return and XEL not far behind at 9.57%.
DTE
- 1D
- -0.59%
- 1M
- -3.35%
- YTD
- 10.81%
- 6M
- 8.29%
- 1Y
- 8.11%
- 3Y*
- 13.03%
- 5Y*
- 7.40%
- 10Y*
- 9.58%
XEL
- 1D
- -0.62%
- 1M
- -4.66%
- YTD
- 5.55%
- 6M
- 0.22%
- 1Y
- 15.16%
- 3Y*
- 10.75%
- 5Y*
- 5.29%
- 10Y*
- 9.57%
DTE vs. XEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 10.81% | 10.42% | 13.49% | -2.81% | 1.23% | 19.35% | -2.86% | 21.38% | 4.21% | 14.59% |
XEL Xcel Energy Inc. | 5.55% | 13.89% | 12.32% | -8.67% | 6.44% | 4.40% | 7.77% | 32.37% | 5.88% | 21.91% |
Correlation
The correlation between DTE and XEL is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 1985 | 0.60 |
The correlation between DTE and XEL shifts across timeframes, from 0.60 (all time) to 0.76 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
DTE:
$29.50B
XEL:
$48.45B
DTE:
$4.92
XEL:
$3.50
DTE:
28.84
XEL:
22.09
DTE:
2.57
XEL:
5.69
DTE:
1.80
XEL:
3.12
DTE:
2.39
XEL:
2.04
DTE:
$16.33B
XEL:
$14.78B
DTE:
$9.07B
XEL:
$1.88B
DTE:
$4.15B
XEL:
$6.26B
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Return for Risk
DTE vs. XEL — Risk / Return Rank
DTE
XEL
DTE vs. XEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DTE Energy Company (DTE) and Xcel Energy Inc. (XEL). 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.
| DTE | XEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.32 | -0.52 |
| Martin ratioReturn relative to average drawdown | 1.87 | 3.51 | -1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DTE | XEL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 0.80 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.26 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.44 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.41 | -0.06 |
Drawdowns
DTE vs. XEL - Drawdown Comparison
The maximum DTE drawdown since its inception was -67.92%, smaller than the maximum XEL drawdown of -80.64%. Use the drawdown chart below to compare losses from any high point for DTE and XEL.
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Drawdown Indicators
| DTE | XEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.92% | -80.64% | +12.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -11.50% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -17.97% | -24.42% | +6.45% |
Max Drawdown (5Y)Largest decline over 5 years | -28.93% | -34.41% | +5.48% |
Max Drawdown (10Y)Largest decline over 10 years | -42.45% | -34.41% | -8.04% |
Current DrawdownCurrent decline from peak | -6.51% | -7.09% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -17.23% | -11.32% | -5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.34% | 4.34% | 0.00% |
Volatility
DTE vs. XEL - Volatility Comparison
The current volatility for DTE Energy Company (DTE) is 5.91%, while Xcel Energy Inc. (XEL) has a volatility of 6.69%. This indicates that DTE experiences smaller price fluctuations and is considered to be less risky than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DTE | XEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 6.69% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.48% | 14.41% | -1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.11% | 19.03% | -2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.80% | 20.80% | -2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.30% | 21.68% | +0.62% |
Dividends
DTE vs. XEL - Dividend Comparison
DTE's dividend yield for the trailing twelve months is around 3.18%, more than XEL's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 3.18% | 3.44% | 3.44% | 3.52% | 3.07% | 2.98% | 3.40% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% |
XEL Xcel Energy Inc. | 2.98% | 3.83% | 2.43% | 3.36% | 2.78% | 2.70% | 2.58% | 2.55% | 3.09% | 2.99% | 3.34% | 3.56% |
Financials
DTE vs. XEL - Financials Comparison
This section allows you to compare key financial metrics between DTE Energy Company and Xcel Energy Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DTE vs. XEL - Profitability Comparison
DTE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DTE Energy Company reported a gross profit of 4.41B and revenue of 5.14B. Therefore, the gross margin over that period was 85.7%.
XEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a gross profit of 0.00 and revenue of 4.02B. Therefore, the gross margin over that period was 0.0%.
DTE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DTE Energy Company reported an operating income of 412.00M and revenue of 5.14B, resulting in an operating margin of 8.0%.
XEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported an operating income of 754.00M and revenue of 4.02B, resulting in an operating margin of 18.8%.
DTE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DTE Energy Company reported a net income of 1.19M and revenue of 5.14B, resulting in a net margin of 0.0%.
XEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a net income of 556.00M and revenue of 4.02B, resulting in a net margin of 13.8%.
Frequently Asked Questions
DTE and XEL have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XEL has higher volatility (6.69%) compared to DTE (5.91%). In terms of maximum drawdown, DTE dropped -67.92% vs XEL's -80.64%.
XEL currently has the higher Sharpe Ratio (0.80 vs 0.51), 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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