KRP vs. XLE
Compare and contrast key facts about Kimbell Royalty Partners, LP (KRP) and Energy Select Sector SPDR Fund (XLE).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KRP or XLE.
Key characteristics
| KRP | XLE | |
|---|---|---|
| YTD Return | 18.06% | 15.50% |
| 1Y Return | 12.10% | 15.34% |
| 3Y Return (Ann) | 16.91% | 22.65% |
| 5Y Return (Ann) | 13.90% | 14.95% |
| Sharpe Ratio | 0.71 | 0.92 |
| Sortino Ratio | 1.06 | 1.33 |
| Omega Ratio | 1.13 | 1.17 |
| Calmar Ratio | 0.80 | 1.23 |
| Martin Ratio | 3.17 | 2.87 |
| Ulcer Index | 3.97% | 5.71% |
| Daily Std Dev | 17.84% | 17.81% |
| Max Drawdown | -80.91% | -71.54% |
| Current Drawdown | -2.97% | -2.06% |
Correlation
The correlation between KRP and XLE is 0.50, 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
KRP vs. XLE - Performance Comparison
In the year-to-date period, KRP achieves a 18.06% return, which is significantly higher than XLE's 15.50% 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
KRP vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) 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
KRP vs. XLE - Dividend Comparison
KRP's dividend yield for the trailing twelve months is around 8.21%, more than XLE's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 8.21% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE Energy Select Sector SPDR Fund | 3.15% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
KRP vs. XLE - Drawdown Comparison
The maximum KRP drawdown since its inception was -80.91%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for KRP and XLE. For additional features, visit the drawdowns tool.
Volatility
KRP vs. XLE - Volatility Comparison
Kimbell Royalty Partners, LP (KRP) and Energy Select Sector SPDR Fund (XLE) have volatilities of 4.60% and 4.83%, 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.