ES=F vs. CL=F
Compare and contrast key facts about S&P 500 E-Mini Futures (ES=F) and Crude Oil WTI (CL=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ES=F or CL=F.
Correlation
The correlation between ES=F and CL=F is 0.14, 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
ES=F vs. CL=F - Performance Comparison
Key characteristics
ES=F:
1.59
CL=F:
-0.45
ES=F:
2.18
CL=F:
-0.47
ES=F:
1.31
CL=F:
0.94
ES=F:
2.25
CL=F:
-0.23
ES=F:
9.09
CL=F:
-0.96
ES=F:
2.16%
CL=F:
13.07%
ES=F:
11.88%
CL=F:
27.61%
ES=F:
-57.11%
CL=F:
-93.11%
ES=F:
-3.90%
CL=F:
-52.53%
Returns By Period
In the year-to-date period, ES=F achieves a 21.79% return, which is significantly higher than CL=F's -3.74% return. Over the past 10 years, ES=F has outperformed CL=F with an annualized return of 10.16%, while CL=F has yielded a comparatively lower 1.97% annualized return.
ES=F
21.79%
-1.30%
7.02%
23.40%
11.42%
10.16%
CL=F
-3.74%
-0.61%
-16.06%
-7.07%
2.36%
1.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ES=F vs. CL=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 E-Mini Futures (ES=F) and Crude Oil WTI (CL=F). 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.
Drawdowns
ES=F vs. CL=F - Drawdown Comparison
The maximum ES=F drawdown since its inception was -57.11%, smaller than the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for ES=F and CL=F. For additional features, visit the drawdowns tool.
Volatility
ES=F vs. CL=F - Volatility Comparison
The current volatility for S&P 500 E-Mini Futures (ES=F) is 3.53%, while Crude Oil WTI (CL=F) has a volatility of 6.73%. This indicates that ES=F experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.