NINE vs. XES
Compare and contrast key facts about Nine Energy Service, Inc. (NINE) and SPDR S&P Oil & Gas Equipment & Services ETF (XES).
XES is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NINE or XES.
Correlation
The correlation between NINE and XES is 0.57, 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
NINE vs. XES - Performance Comparison
Key characteristics
NINE:
-0.48
XES:
-0.11
NINE:
-0.30
XES:
0.05
NINE:
0.97
XES:
1.01
NINE:
-0.46
XES:
-0.04
NINE:
-0.92
XES:
-0.26
NINE:
48.71%
XES:
12.83%
NINE:
93.93%
XES:
29.36%
NINE:
-99.03%
XES:
-95.65%
NINE:
-96.77%
XES:
-81.64%
Returns By Period
In the year-to-date period, NINE achieves a 12.50% return, which is significantly higher than XES's 0.67% return.
NINE
12.50%
-16.00%
6.78%
-40.28%
-25.38%
N/A
XES
0.67%
-9.21%
-5.36%
-3.52%
5.55%
-10.32%
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Risk-Adjusted Performance
NINE vs. XES — Risk-Adjusted Performance Rank
NINE
XES
NINE vs. XES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nine Energy Service, Inc. (NINE) 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.
Dividends
NINE vs. XES - Dividend Comparison
NINE has not paid dividends to shareholders, while XES's dividend yield for the trailing twelve months is around 1.31%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NINE Nine Energy Service, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XES SPDR S&P Oil & Gas Equipment & Services ETF | 1.31% | 1.32% | 0.66% | 0.36% | 1.81% | 1.33% | 1.43% | 1.15% | 1.68% | 0.64% | 2.47% | 1.60% |
Drawdowns
NINE vs. XES - Drawdown Comparison
The maximum NINE drawdown since its inception was -99.03%, roughly equal to the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for NINE and XES. For additional features, visit the drawdowns tool.
Volatility
NINE vs. XES - Volatility Comparison
Nine Energy Service, Inc. (NINE) has a higher volatility of 24.57% compared to SPDR S&P Oil & Gas Equipment & Services ETF (XES) at 7.96%. This indicates that NINE's price experiences larger fluctuations and is considered to be riskier than XES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.