ITRN vs. XES

Last updated Jun 25, 2026

ITRN (Ituran Location and Control Ltd.) is a stock, while XES (SPDR S&P Oil & Gas Equipment & Services ETF) is Energy Equities fund tracking the S&P Oil & Gas Equipment & Services Select Industry Index. Over the past 10 years, ITRN returned 15.03%/yr vs -3.97%/yr for XES. At a 0.26 correlation, their price movements are largely independent.

Performance

ITRN vs. XES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ituran Location and Control Ltd. (ITRN) and SPDR S&P Oil & Gas Equipment & Services ETF (XES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITRN achieves a 49.38% return, which is significantly higher than XES's 34.60% return. Over the past 10 years, ITRN has outperformed XES with an annualized return of 15.03%, while XES has yielded a comparatively lower -3.97% annualized return.

ITRN

• 1D: -1.90%
• 1M: 3.71%
• YTD: 49.38%
• 6M: 50.28%
• 1Y: 80.11%
• 3Y*: 45.05%
• 5Y*: 23.10%
• 10Y*: 15.03%

XES

• 1D: -3.31%
• 1M: -15.10%
• YTD: 34.60%
• 6M: 35.81%
• 1Y: 73.84%
• 3Y*: 16.51%
• 5Y*: 12.29%
• 10Y*: -3.97%

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

ITRN vs. XES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ITRN Ituran Location and Control Ltd.	49.38%	45.63%	21.02%	32.47%	-18.79%	45.32%	-22.93%	-18.98%	-3.46%	33.71%
XES SPDR S&P Oil & Gas Equipment & Services ETF	34.60%	5.89%	-5.44%	6.68%	62.03%	12.00%	-43.38%	-9.00%	-46.99%	-21.93%

Correlation

The correlation between ITRN and XES is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006	0.26

Return for Risk

ITRN vs. XES — Risk / Return Rank

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

ITRN

ITRN Risk / Return Rank: 90
ITRN Sharpe Ratio Rank: 94
ITRN Sortino Ratio Rank: 91
ITRN Omega Ratio Rank: 90
ITRN Calmar Ratio Rank: 87
ITRN Martin Ratio Rank: 89

XES

XES Risk / Return Rank: 80
XES Sharpe Ratio Rank: 83
XES Sortino Ratio Rank: 76
XES Omega Ratio Rank: 70
XES Calmar Ratio Rank: 85
XES Martin Ratio Rank: 87

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.

ITRN vs. XES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ituran Location and Control Ltd. (ITRN) and SPDR S&P Oil & Gas Equipment & Services ETF (XES). 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.

	ITRN	XES	Difference
Sharpe ratio: Return per unit of total volatility	2.53	2.39	+0.14
Sortino ratio: Return per unit of downside risk	3.17	3.03	+0.14
Omega ratio: Gain probability vs. loss probability	1.41	1.37	+0.04
Calmar ratio: Return relative to maximum drawdown	3.50	4.21	-0.70
Martin ratio: Return relative to average drawdown	10.34	16.87	-6.53

ITRN vs. XES - Sharpe Ratio Comparison

The current ITRN Sharpe Ratio is 2.53, which is comparable to the XES Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of ITRN and XES, 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

ITRN vs. XES - Drawdown Comparison

The maximum ITRN drawdown since its inception was -68.39%, smaller than the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for ITRN and XES.

Drawdown Indicators

	ITRN	XES	Difference
Max Drawdown Largest peak-to-trough decline	-68.39%	-95.65%	+27.26%
Max Drawdown (1Y) Largest decline over 1 year	-22.99%	-17.65%	-5.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.82%	-45.95%	+19.13%
Max Drawdown (5Y) Largest decline over 5 years	-30.03%	-45.95%	+15.92%
Max Drawdown (10Y) Largest decline over 10 years	-68.39%	-91.23%	+22.84%
Current Drawdown Current decline from peak	-6.07%	-74.01%	+67.94%
Average Drawdown Average peak-to-trough decline	-19.46%	-54.40%	+34.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.77%	4.39%	+3.38%

Volatility

ITRN vs. XES - Volatility Comparison

The current volatility for Ituran Location and Control Ltd. (ITRN) is 8.85%, while SPDR S&P Oil & Gas Equipment & Services ETF (XES) has a volatility of 10.65%. This indicates that ITRN experiences smaller price fluctuations and is considered to be less risky than XES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITRN	XES	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.85%	10.65%	-1.80%
Volatility (6M) Calculated over the trailing 6-month period	22.62%	21.09%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	31.80%	31.04%	+0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.40%	39.04%	-8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.54%	44.97%	-11.43%

Dividends

ITRN vs. XES - Dividend Comparison

ITRN's dividend yield for the trailing twelve months is around 4.85%, more than XES's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITRN Ituran Location and Control Ltd.	4.85%	4.65%	5.01%	2.50%	2.65%	3.37%	1.26%	3.78%	2.96%	3.27%	3.25%	4.12%
XES SPDR S&P Oil & Gas Equipment & Services ETF	1.19%	1.69%	1.31%	0.66%	0.36%	1.81%	1.33%	1.43%	1.14%	1.68%	0.64%	2.47%

Frequently Asked Questions

Can I hold both ITRN and XES in my portfolio?

ITRN and XES have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITRN or XES?

XES has higher volatility (10.65%) compared to ITRN (8.85%). In terms of maximum drawdown, ITRN dropped -68.39% vs XES's -95.65%.

Which has better risk-adjusted returns?

ITRN currently has the higher Sharpe Ratio (2.53 vs 2.39), 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.