ET vs. XOP
Compare and contrast key facts about Energy Transfer LP (ET) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP).
XOP is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Exploration & Production Select Industry. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ET or XOP.
Key characteristics
| ET | XOP | |
|---|---|---|
| YTD Return | 16.55% | 11.17% |
| 1Y Return | 33.89% | 22.97% |
| 3Y Return (Ann) | 32.63% | 26.63% |
| 5Y Return (Ann) | 10.96% | 8.00% |
| 10Y Return (Ann) | 3.82% | -5.31% |
| Sharpe Ratio | 2.31 | 0.94 |
| Daily Std Dev | 14.81% | 23.61% |
| Max Drawdown | -87.81% | -90.27% |
| Current Drawdown | -6.24% | -46.36% |
Correlation
The correlation between ET and XOP is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ET vs. XOP - Performance Comparison
In the year-to-date period, ET achieves a 16.55% return, which is significantly higher than XOP's 11.17% return. Over the past 10 years, ET has outperformed XOP with an annualized return of 3.82%, while XOP has yielded a comparatively lower -5.31% 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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Risk-Adjusted Performance
ET vs. XOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). 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
ET vs. XOP - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 7.91%, more than XOP's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 7.91% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
XOP SPDR S&P Oil & Gas Exploration & Production ETF | 2.25% | 2.63% | 2.47% | 1.61% | 2.34% | 1.47% | 0.99% | 0.76% | 0.76% | 2.21% | 1.40% | 0.84% |
Drawdowns
ET vs. XOP - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, roughly equal to the maximum XOP drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for ET and XOP. For additional features, visit the drawdowns tool.
Volatility
ET vs. XOP - Volatility Comparison
The current volatility for Energy Transfer LP (ET) is 4.55%, while SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a volatility of 5.63%. This indicates that ET experiences smaller price fluctuations and is considered to be less risky than XOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.