EINC vs. XLE
Compare and contrast key facts about VanEck Energy Income ETF (EINC) and Energy Select Sector SPDR Fund (XLE).
EINC and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EINC is a passively managed fund by VanEck that tracks the performance of the MVIS North America Energy Infrastructure Index. It was launched on Mar 13, 2012. 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 EINC 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: EINC or XLE.
Key characteristics
| EINC | XLE | |
|---|---|---|
| YTD Return | 44.57% | 15.50% |
| 1Y Return | 49.34% | 15.34% |
| 3Y Return (Ann) | 23.59% | 22.65% |
| 5Y Return (Ann) | 17.78% | 14.95% |
| 10Y Return (Ann) | -1.60% | 4.96% |
| Sharpe Ratio | 3.84 | 0.92 |
| Sortino Ratio | 5.14 | 1.33 |
| Omega Ratio | 1.67 | 1.17 |
| Calmar Ratio | 1.01 | 1.23 |
| Martin Ratio | 30.16 | 2.87 |
| Ulcer Index | 1.69% | 5.71% |
| Daily Std Dev | 13.32% | 17.81% |
| Max Drawdown | -87.56% | -71.54% |
| Current Drawdown | -25.71% | -2.06% |
Correlation
The correlation between EINC and XLE is 0.72, 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.
Performance
EINC vs. XLE - Performance Comparison
In the year-to-date period, EINC achieves a 44.57% return, which is significantly higher than XLE's 15.50% return. Over the past 10 years, EINC has underperformed XLE with an annualized return of -1.60%, while XLE has yielded a comparatively higher 4.96% annualized 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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EINC vs. XLE - Expense Ratio Comparison
EINC has a 0.45% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
EINC vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) 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
EINC vs. XLE - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 3.29%, more than XLE's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.29% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% | 12.41% | 8.90% |
XLE Energy Select Sector SPDR Fund | 3.15% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
EINC vs. XLE - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.56%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for EINC and XLE. For additional features, visit the drawdowns tool.
Volatility
EINC vs. XLE - Volatility Comparison
VanEck Energy Income ETF (EINC) and Energy Select Sector SPDR Fund (XLE) have volatilities of 4.75% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.