KOMP vs. XLE

Last updated Jul 15, 2026

KOMP (SPDR S&P Kensho New Economies Composite ETF) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - KOMP is a Mid Cap Growth Equities fund tracking the S&P Kensho New Economies Composite Index, while XLE is a Energy Equities fund tracking the Energy Select Sector Index. Both are passively managed. Over the past 5 years, KOMP returned 3.05%/yr vs 22.22%/yr for XLE. At a 0.39 correlation, their price movements are largely independent. KOMP charges 0.20%/yr vs 0.08%/yr for XLE.

Performance

KOMP vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho New Economies Composite ETF (KOMP) 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, KOMP achieves a 13.78% return, which is significantly lower than XLE's 29.13% return.

KOMP

• 1D: 1.01%
• 1M: -3.65%
• 6M: 4.05%
• YTD: 13.78%
• 1Y: 23.28%
• 3Y*: 14.51%
• 5Y*: 3.05%
• 10Y*: —

XLE

• 1D: 0.37%
• 1M: -0.33%
• 6M: 22.84%
• YTD: 29.13%
• 1Y: 33.24%
• 3Y*: 15.47%
• 5Y*: 22.22%
• 10Y*: 9.46%

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

KOMP vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KOMP SPDR S&P Kensho New Economies Composite ETF	13.78%	19.74%	10.05%	20.09%	-32.21%	3.67%	61.28%	37.12%	-10.32%
XLE State Street Energy Select Sector SPDR ETF	29.13%	7.88%	5.56%	-0.63%	64.32%	53.28%	-32.67%	11.74%	-18.17%

Correlation

The correlation between KOMP and XLE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Oct 23, 2018	0.39

The correlation between KOMP and XLE shifts across timeframes, from -0.03 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

KOMP vs. XLE - Sectors Allocation Comparison

Sectors	KOMP	XLE
Technology	35.5%	-
Industrials	27.7%	-
Healthcare	11.1%	-
Financial Services	6.2%	-
Communication Services	5.3%	-
Utilities	4.8%	-
Consumer Cyclical	4.3%	-
Basic Materials	2.5%	-
Energy	2.4%	100.0%
Consumer Defensive	0.2%	-
Real Estate	-	-

Return for Risk

KOMP vs. XLE — Risk / Return Rank

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

KOMP

KOMP Risk / Return Rank: 33
KOMP Sharpe Ratio Rank: 31
KOMP Sortino Ratio Rank: 30
KOMP Omega Ratio Rank: 29
KOMP Calmar Ratio Rank: 37
KOMP Martin Ratio Rank: 36

XLE

XLE Risk / Return Rank: 54
XLE Sharpe Ratio Rank: 60
XLE Sortino Ratio Rank: 56
XLE Omega Ratio Rank: 52
XLE Calmar Ratio Rank: 56
XLE Martin Ratio Rank: 46

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.

KOMP vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) 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.

	KOMP	XLE	Difference
Sharpe ratio: Return per unit of total volatility	0.93	1.59	-0.66
Sortino ratio: Return per unit of downside risk	1.37	2.14	-0.77
Omega ratio: Gain probability vs. loss probability	1.17	1.26	-0.09
Calmar ratio: Return relative to maximum drawdown	1.51	2.23	-0.72
Martin ratio: Return relative to average drawdown	4.35	6.04	-1.70

KOMP vs. XLE - Sharpe Ratio Comparison

The current KOMP Sharpe Ratio is 0.93, which is lower than the XLE Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of KOMP 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

KOMP vs. XLE - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for KOMP and XLE.

Drawdown Indicators

	KOMP	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-71.26%	+21.20%
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	-14.98%	-0.52%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	-20.14%	-4.79%
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	-26.04%	-19.34%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	-9.83%	-8.31%	-1.52%
Average Drawdown Average peak-to-trough decline	-21.48%	-17.95%	-3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	5.53%	-0.16%

Volatility

KOMP vs. XLE - Volatility Comparison

SPDR S&P Kensho New Economies Composite ETF (KOMP) and State Street Energy Select Sector SPDR ETF (XLE) have volatilities of 7.29% and 7.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOMP	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	7.06%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	20.02%	16.68%	+3.34%
Volatility (1Y) Calculated over the trailing 1-year period	25.19%	21.02%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.17%	25.91%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.12%	29.58%	-2.46%

KOMP vs. XLE - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is higher than XLE's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

KOMP vs. XLE - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.53%, less than XLE's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KOMP SPDR S&P Kensho New Economies Composite ETF	1.53%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.66%	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 KOMP and XLE in my portfolio?

KOMP and XLE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOMP or XLE?

KOMP has higher volatility (7.29%) compared to XLE (7.06%). In terms of maximum drawdown, KOMP dropped -50.06% vs XLE's -71.26%.

Which ETF is better, KOMP or XLE?

On 5-year performance, XLE leads with 22.22% vs 3.05% for KOMP. On fees, XLE is cheaper at 0.08% per year. On volatility, XLE has been the lower-risk option at 7.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOMP or XLE?

Over the 5-year period, XLE has performed better with a 22.22% return vs 3.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOMP or XLE?

XLE is cheaper with a 0.08% expense ratio, compared with 0.20% for KOMP.

Which ETF pays a higher dividend yield, KOMP or XLE?

XLE has the higher dividend yield at 2.66%, compared with 1.53% for KOMP.

What is the main difference between KOMP and XLE?

KOMP is categorized as Mid Cap Growth Equities, while XLE is Energy Equities. KOMP tracks S&P Kensho New Economies Composite Index, while XLE tracks Energy Select Sector Index. Their fees differ too: 0.20% for KOMP and 0.08% for XLE.

Which has better risk-adjusted returns?

XLE currently has the higher Sharpe Ratio (1.59 vs 0.93), 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.