IEO vs. XLE
Compare and contrast key facts about iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Energy Select Sector SPDR Fund (XLE).
IEO and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEO is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Oil Exploration & Production Index. It was launched on May 5, 2006. 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 IEO 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: IEO or XLE.
Performance
IEO vs. XLE - Performance Comparison
Returns By Period
In the year-to-date period, IEO achieves a 7.08% return, which is significantly lower than XLE's 15.77% return. Over the past 10 years, IEO has underperformed XLE with an annualized return of 4.53%, while XLE has yielded a comparatively higher 5.03% annualized return.
IEO
7.08%
5.36%
-5.01%
9.42%
17.00%
4.53%
XLE
15.77%
5.01%
1.39%
18.13%
14.98%
5.03%
Key characteristics
| IEO | XLE | |
|---|---|---|
| Sharpe Ratio | 0.32 | 0.89 |
| Sortino Ratio | 0.57 | 1.30 |
| Omega Ratio | 1.07 | 1.16 |
| Calmar Ratio | 0.32 | 1.19 |
| Martin Ratio | 0.65 | 2.77 |
| Ulcer Index | 10.14% | 5.71% |
| Daily Std Dev | 20.75% | 17.79% |
| Max Drawdown | -79.17% | -71.54% |
| Current Drawdown | -11.36% | -1.84% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IEO vs. XLE - Expense Ratio Comparison
IEO has a 0.42% expense ratio, which is higher than XLE's 0.13% expense ratio.
Correlation
The correlation between IEO and XLE is 0.95, 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.
Risk-Adjusted Performance
IEO vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) 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
IEO vs. XLE - Dividend Comparison
IEO's dividend yield for the trailing twelve months is around 2.85%, less than XLE's 3.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 2.85% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% | 1.30% | 0.88% |
XLE Energy Select Sector SPDR Fund | 3.14% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
IEO vs. XLE - Drawdown Comparison
The maximum IEO drawdown since its inception was -79.17%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for IEO and XLE. For additional features, visit the drawdowns tool.
Volatility
IEO vs. XLE - Volatility Comparison
iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 6.32% compared to Energy Select Sector SPDR Fund (XLE) at 4.84%. This indicates that IEO'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.