NOG vs. XLE
Compare and contrast key facts about Northern Oil and Gas, Inc. (NOG) and State Street Energy Select Sector SPDR ETF (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.
Performance
NOG vs. XLE - Performance Comparison
Loading graphics...
NOG vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 38.16% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
XLE State Street Energy Select Sector SPDR ETF | 37.91% | 7.88% | 5.56% | -0.63% | 64.32% | 53.28% | -32.67% | 11.74% | -18.22% | -0.89% |
Returns By Period
The year-to-date returns for both stocks are quite close, with NOG having a 38.16% return and XLE slightly lower at 37.91%. Over the past 10 years, NOG has underperformed XLE with an annualized return of -0.59%, while XLE has yielded a comparatively higher 11.65% annualized return.
NOG
- 1D
- -2.27%
- 1M
- 7.51%
- YTD
- 38.16%
- 6M
- 22.12%
- 1Y
- 3.42%
- 3Y*
- 4.10%
- 5Y*
- 22.34%
- 10Y*
- -0.59%
XLE
- 1D
- -1.13%
- 1M
- 10.27%
- YTD
- 37.91%
- 6M
- 39.21%
- 1Y
- 35.32%
- 3Y*
- 17.71%
- 5Y*
- 23.99%
- 10Y*
- 11.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NOG vs. XLE — Risk / Return Rank
NOG
XLE
NOG vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) 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.
| NOG | XLE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.06 | 1.42 | -1.36 |
Sortino ratioReturn per unit of downside risk | 0.47 | 1.84 | -1.36 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.28 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.11 | 1.96 | -1.85 |
Martin ratioReturn relative to average drawdown | 0.18 | 5.16 | -4.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NOG | XLE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 1.42 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.93 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.40 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.32 | -0.33 |
Correlation
The correlation between NOG and XLE is 0.61, 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.
Dividends
NOG vs. XLE - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 6.16%, more than XLE's 2.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 6.16% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.44% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Drawdowns
NOG vs. XLE - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for NOG and XLE.
Loading graphics...
Drawdown Indicators
| NOG | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -71.26% | -27.70% |
Max Drawdown (1Y)Largest decline over 1 year | -34.26% | -18.79% | -15.47% |
Max Drawdown (5Y)Largest decline over 5 years | -51.36% | -26.04% | -25.32% |
Max Drawdown (10Y)Largest decline over 10 years | -94.08% | -66.81% | -27.27% |
Current DrawdownCurrent decline from peak | -88.99% | -2.08% | -86.91% |
Average DrawdownAverage peak-to-trough decline | -69.53% | -18.05% | -51.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.33% | 7.14% | +13.19% |
Volatility
NOG vs. XLE - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) has a higher volatility of 8.86% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.05%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NOG | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 5.05% | +3.81% |
Volatility (6M)Calculated over the trailing 6-month period | 30.71% | 13.94% | +16.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.02% | 24.93% | +29.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.78% | 26.06% | +23.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.87% | 29.48% | +41.39% |