FEMY vs. XLE

Last updated Jul 14, 2026

FEMY (Femasys Inc.) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. Over the past 5 years, FEMY returned -52.92%/yr vs 21.79%/yr for XLE. At a 0.07 correlation, their price movements are largely independent.

Performance

FEMY vs. XLE - Performance Comparison

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

Returns By Period

In the year-to-date period, FEMY achieves a -69.89% return, which is significantly lower than XLE's 28.66% return.

FEMY

• 1D: -13.03%
• 1M: -16.99%
• 6M: -70.83%
• YTD: -69.89%
• 1Y: -81.24%
• 3Y*: -24.98%
• 5Y*: -52.92%
• 10Y*: —

XLE

• 1D: 3.01%
• 1M: -0.70%
• 6M: 24.13%
• YTD: 28.66%
• 1Y: 31.29%
• 3Y*: 15.32%
• 5Y*: 21.79%
• 10Y*: 9.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FEMY vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FEMY Femasys Inc.	-69.89%	-47.62%	12.82%	8.33%	-76.92%	-70.18%
XLE State Street Energy Select Sector SPDR ETF	28.66%	7.88%	5.56%	-0.63%	64.32%	6.47%

Correlation

The correlation between FEMY and XLE is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jun 18, 2021	0.07

The correlation between FEMY and XLE shifts across timeframes, from -0.10 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FEMY vs. XLE — Risk / Return Rank

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

FEMY

FEMY Risk / Return Rank: 10
FEMY Sharpe Ratio Rank: 17
FEMY Sortino Ratio Rank: 12
FEMY Omega Ratio Rank: 14
FEMY Calmar Ratio Rank: 3
FEMY Martin Ratio Rank: 4

XLE

XLE Risk / Return Rank: 50
XLE Sharpe Ratio Rank: 55
XLE Sortino Ratio Rank: 52
XLE Omega Ratio Rank: 48
XLE Calmar Ratio Rank: 52
XLE Martin Ratio Rank: 44

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.

FEMY vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Femasys Inc. (FEMY) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FEMY	XLE	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	1.50	-2.11
Sortino ratio: Return per unit of downside risk	-1.08	2.03	-3.11
Omega ratio: Gain probability vs. loss probability	0.88	1.25	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.98	2.10	-3.08
Martin ratio: Return relative to average drawdown	-1.63	5.70	-7.33

FEMY vs. XLE - Sharpe Ratio Comparison

The current FEMY Sharpe Ratio is -0.62, which is lower than the XLE Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FEMY and XLE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FEMY vs. XLE - Drawdown Comparison

The maximum FEMY drawdown since its inception was -98.67%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for FEMY and XLE.

Drawdown Indicators

	FEMY	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-98.67%	-71.26%	-27.41%
Max Drawdown (1Y) Largest decline over 1 year	-83.32%	-14.98%	-68.34%
Max Drawdown (3Y) Largest decline over 3 years	-95.54%	-20.14%	-75.40%
Max Drawdown (5Y) Largest decline over 5 years	-97.95%	-26.04%	-71.91%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	-98.67%	-8.65%	-90.02%
Average Drawdown Average peak-to-trough decline	-86.61%	-17.95%	-68.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.91%	5.53%	+44.38%

Volatility

FEMY vs. XLE - Volatility Comparison

Femasys Inc. (FEMY) has a higher volatility of 28.81% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.32%. This indicates that FEMY'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.

Volatility by Period

	FEMY	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.81%	7.32%	+21.49%
Volatility (6M) Calculated over the trailing 6-month period	67.77%	16.68%	+51.09%
Volatility (1Y) Calculated over the trailing 1-year period	132.14%	21.06%	+111.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	204.08%	25.95%	+178.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.21%	29.58%	+173.63%

Dividends

FEMY vs. XLE - Dividend Comparison

FEMY has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEMY Femasys Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.67%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both FEMY and XLE in my portfolio?

FEMY and XLE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEMY or XLE?

FEMY has higher volatility (28.81%) compared to XLE (7.32%). In terms of maximum drawdown, FEMY dropped -98.67% vs XLE's -71.26%.

Which has better risk-adjusted returns?

XLE currently has the higher Sharpe Ratio (1.50 vs -0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.