EBLU vs. XLE
Compare and contrast key facts about Ecofin Global Water ESG Fund (EBLU) and Energy Select Sector SPDR Fund (XLE).
EBLU and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EBLU is a passively managed fund by Tortoise that tracks the performance of the Ecofin Water ESG Index. It was launched on Feb 15, 2017. 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. Both EBLU and XLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EBLU or XLE.
Key characteristics
| EBLU | XLE | |
|---|---|---|
| YTD Return | 16.37% | 14.57% |
| 1Y Return | 34.01% | 17.55% |
| 3Y Return (Ann) | 1.88% | 21.29% |
| 5Y Return (Ann) | 10.50% | 14.51% |
| Sharpe Ratio | 2.36 | 0.96 |
| Sortino Ratio | 3.33 | 1.39 |
| Omega Ratio | 1.41 | 1.17 |
| Calmar Ratio | 1.42 | 1.29 |
| Martin Ratio | 12.36 | 3.01 |
| Ulcer Index | 2.71% | 5.71% |
| Daily Std Dev | 14.24% | 17.83% |
| Max Drawdown | -37.58% | -71.54% |
| Current Drawdown | 0.00% | -2.85% |
Correlation
The correlation between EBLU and XLE is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EBLU vs. XLE - Performance Comparison
In the year-to-date period, EBLU achieves a 16.37% return, which is significantly higher than XLE's 14.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EBLU vs. XLE - Expense Ratio Comparison
EBLU has a 0.40% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
EBLU vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Water ESG Fund (EBLU) 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
EBLU vs. XLE - Dividend Comparison
EBLU's dividend yield for the trailing twelve months is around 1.12%, less than XLE's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EBLU Ecofin Global Water ESG Fund | 1.12% | 1.46% | 0.00% | 1.55% | 1.42% | 1.58% | 1.35% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE Energy Select Sector SPDR Fund | 3.18% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
EBLU vs. XLE - Drawdown Comparison
The maximum EBLU drawdown since its inception was -37.58%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for EBLU and XLE. For additional features, visit the drawdowns tool.
Volatility
EBLU vs. XLE - Volatility Comparison
The current volatility for Ecofin Global Water ESG Fund (EBLU) is 4.70%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 5.91%. This indicates that EBLU 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.