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DVN vs. XLE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DVN vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Devon Energy Corporation (DVN) and State Street Energy Select Sector SPDR ETF (XLE). The values are adjusted to include any dividend payments, if applicable.

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DVN vs. XLE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DVN
Devon Energy Corporation
38.09%15.03%-25.21%-23.08%50.86%199.88%-35.34%16.81%-45.09%-8.74%
XLE
State Street Energy Select Sector SPDR ETF
37.91%7.88%5.56%-0.63%64.32%53.28%-32.67%11.74%-18.22%-0.89%

Returns By Period

The year-to-date returns for both stocks are quite close, with DVN having a 38.09% return and XLE slightly lower at 37.91%. Over the past 10 years, DVN has underperformed XLE with an annualized return of 10.43%, while XLE has yielded a comparatively higher 11.65% annualized return.


DVN

1D
-2.33%
1M
16.20%
YTD
38.09%
6M
45.20%
1Y
38.03%
3Y*
2.94%
5Y*
22.40%
10Y*
10.43%

XLE

1D
-1.13%
1M
10.27%
YTD
37.91%
6M
39.21%
1Y
35.32%
3Y*
17.71%
5Y*
23.99%
10Y*
11.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

DVN vs. XLE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DVN
DVN Risk / Return Rank: 7070
Overall Rank
DVN Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
DVN Sortino Ratio Rank: 6767
Sortino Ratio Rank
DVN Omega Ratio Rank: 6868
Omega Ratio Rank
DVN Calmar Ratio Rank: 7070
Calmar Ratio Rank
DVN Martin Ratio Rank: 7272
Martin Ratio Rank

XLE
XLE Risk / Return Rank: 7373
Overall Rank
XLE Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
XLE Sortino Ratio Rank: 7676
Sortino Ratio Rank
XLE Omega Ratio Rank: 7777
Omega Ratio Rank
XLE Calmar Ratio Rank: 7878
Calmar Ratio Rank
XLE Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DVN vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Devon Energy Corporation (DVN) 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.


DVNXLEDifference

Sharpe ratio

Return per unit of total volatility

0.92

1.42

-0.51

Sortino ratio

Return per unit of downside risk

1.43

1.84

-0.41

Omega ratio

Gain probability vs. loss probability

1.20

1.28

-0.08

Calmar ratio

Return relative to maximum drawdown

1.38

1.96

-0.58

Martin ratio

Return relative to average drawdown

3.75

5.16

-1.41

DVN vs. XLE - Sharpe Ratio Comparison

The current DVN Sharpe Ratio is 0.92, which is lower than the XLE Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of DVN and XLE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DVNXLEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.92

1.42

-0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.93

-0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.21

0.40

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.32

-0.10

Correlation

The correlation between DVN and XLE is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

DVN vs. XLE - Dividend Comparison

DVN's dividend yield for the trailing twelve months is around 1.91%, less than XLE's 2.44% yield.


TTM20252024202320222021202020192018201720162015
DVN
Devon Energy Corporation
1.91%2.62%4.43%4.55%8.41%5.24%4.30%1.35%1.33%0.58%0.92%3.00%
XLE
State Street Energy Select Sector SPDR ETF
2.44%3.28%3.36%3.55%3.68%4.21%5.62%6.72%3.54%3.03%2.26%3.39%

Drawdowns

DVN vs. XLE - Drawdown Comparison

The maximum DVN drawdown since its inception was -94.93%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for DVN and XLE.


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Drawdown Indicators


DVNXLEDifference

Max Drawdown

Largest peak-to-trough decline

-94.93%

-71.26%

-23.67%

Max Drawdown (1Y)

Largest decline over 1 year

-29.32%

-18.79%

-10.53%

Max Drawdown (5Y)

Largest decline over 5 years

-61.45%

-26.04%

-35.41%

Max Drawdown (10Y)

Largest decline over 10 years

-88.51%

-66.81%

-21.70%

Current Drawdown

Current decline from peak

-35.61%

-2.08%

-33.53%

Average Drawdown

Average peak-to-trough decline

-35.91%

-18.05%

-17.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.78%

7.14%

+3.64%

Volatility

DVN vs. XLE - Volatility Comparison

Devon Energy Corporation (DVN) has a higher volatility of 8.08% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.05%. This indicates that DVN'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


DVNXLEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.08%

5.05%

+3.03%

Volatility (6M)

Calculated over the trailing 6-month period

22.26%

13.94%

+8.32%

Volatility (1Y)

Calculated over the trailing 1-year period

41.67%

24.93%

+16.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.74%

26.06%

+15.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.76%

29.48%

+20.28%