MPLX vs. XLE
Compare and contrast key facts about MPLX LP (MPLX) 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: MPLX or XLE.
Key characteristics
| MPLX | XLE | |
|---|---|---|
| YTD Return | 16.88% | 11.30% |
| 1Y Return | 32.17% | 22.61% |
| 3Y Return (Ann) | 25.88% | 27.22% |
| 5Y Return (Ann) | 17.33% | 12.96% |
| 10Y Return (Ann) | 4.91% | 3.73% |
| Sharpe Ratio | 3.22 | 1.14 |
| Daily Std Dev | 9.76% | 18.66% |
| Max Drawdown | -85.75% | -71.54% |
| Current Drawdown | -0.88% | -5.62% |
Correlation
The correlation between MPLX and XLE is 0.52, 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
MPLX vs. XLE - Performance Comparison
In the year-to-date period, MPLX achieves a 16.88% return, which is significantly higher than XLE's 11.30% return. Over the past 10 years, MPLX has outperformed XLE with an annualized return of 4.91%, while XLE has yielded a comparatively lower 3.73% annualized 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
MPLX vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MPLX LP (MPLX) 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
MPLX vs. XLE - Dividend Comparison
MPLX's dividend yield for the trailing twelve months is around 8.09%, more than XLE's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPLX MPLX LP | 8.09% | 8.65% | 8.80% | 11.30% | 12.71% | 10.42% | 8.22% | 6.18% | 5.76% | 4.25% | 1.79% | 2.28% |
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
MPLX vs. XLE - Drawdown Comparison
The maximum MPLX drawdown since its inception was -85.75%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for MPLX and XLE. For additional features, visit the drawdowns tool.
Volatility
MPLX vs. XLE - Volatility Comparison
The current volatility for MPLX LP (MPLX) is 3.74%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 4.68%. This indicates that MPLX experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.