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OIH vs. XLE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OIH and XLE is 0.53, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

OIH vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Oil Services ETF (OIH) and Energy Select Sector SPDR Fund (XLE). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
-47.74%
368.63%
OIH
XLE

Key characteristics

Sharpe Ratio

OIH:

-0.87

XLE:

-0.43

Sortino Ratio

OIH:

-1.13

XLE:

-0.42

Omega Ratio

OIH:

0.84

XLE:

0.94

Calmar Ratio

OIH:

-0.39

XLE:

-0.54

Martin Ratio

OIH:

-1.98

XLE:

-1.45

Ulcer Index

OIH:

15.99%

XLE:

7.48%

Daily Std Dev

OIH:

36.24%

XLE:

25.08%

Max Drawdown

OIH:

-94.24%

XLE:

-71.54%

Current Drawdown

OIH:

-80.40%

XLE:

-13.76%

Returns By Period

In the year-to-date period, OIH achieves a -20.38% return, which is significantly lower than XLE's -2.89% return. Over the past 10 years, OIH has underperformed XLE with an annualized return of -10.19%, while XLE has yielded a comparatively higher 4.11% annualized return.


OIH

YTD

-20.38%

1M

-18.77%

6M

-19.80%

1Y

-32.18%

5Y*

19.10%

10Y*

-10.19%

XLE

YTD

-2.89%

1M

-11.47%

6M

-6.59%

1Y

-11.37%

5Y*

24.07%

10Y*

4.11%

*Annualized

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OIH vs. XLE - Expense Ratio Comparison

OIH has a 0.35% expense ratio, which is higher than XLE's 0.13% expense ratio.


Expense ratio chart for OIH: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
OIH: 0.35%
Expense ratio chart for XLE: current value is 0.13%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLE: 0.13%

Risk-Adjusted Performance

OIH vs. XLE — Risk-Adjusted Performance Rank

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

OIH
The Risk-Adjusted Performance Rank of OIH is 11
Overall Rank
The Sharpe Ratio Rank of OIH is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of OIH is 11
Sortino Ratio Rank
The Omega Ratio Rank of OIH is 11
Omega Ratio Rank
The Calmar Ratio Rank of OIH is 55
Calmar Ratio Rank
The Martin Ratio Rank of OIH is 00
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 55
Overall Rank
The Sharpe Ratio Rank of XLE is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 77
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 66
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 22
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OIH vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Oil Services ETF (OIH) 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.


The chart of Sharpe ratio for OIH, currently valued at -0.87, compared to the broader market-1.000.001.002.003.004.00
OIH: -0.87
XLE: -0.43
The chart of Sortino ratio for OIH, currently valued at -1.13, compared to the broader market-2.000.002.004.006.008.00
OIH: -1.13
XLE: -0.42
The chart of Omega ratio for OIH, currently valued at 0.84, compared to the broader market0.501.001.502.002.50
OIH: 0.84
XLE: 0.94
The chart of Calmar ratio for OIH, currently valued at -0.39, compared to the broader market0.002.004.006.008.0010.0012.00
OIH: -0.39
XLE: -0.54
The chart of Martin ratio for OIH, currently valued at -1.98, compared to the broader market0.0020.0040.0060.00
OIH: -1.98
XLE: -1.45

The current OIH Sharpe Ratio is -0.87, which is lower than the XLE Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of OIH and XLE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.87
-0.43
OIH
XLE

Dividends

OIH vs. XLE - Dividend Comparison

OIH's dividend yield for the trailing twelve months is around 2.52%, less than XLE's 3.46% yield.


TTM20242023202220212020201920182017201620152014
OIH
VanEck Vectors Oil Services ETF
2.52%2.01%1.36%0.95%0.98%1.23%2.20%2.13%2.60%1.40%2.39%2.38%
XLE
Energy Select Sector SPDR Fund
3.46%3.36%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%

Drawdowns

OIH vs. XLE - Drawdown Comparison

The maximum OIH drawdown since its inception was -94.24%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for OIH and XLE. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-80.40%
-13.76%
OIH
XLE

Volatility

OIH vs. XLE - Volatility Comparison

VanEck Vectors Oil Services ETF (OIH) has a higher volatility of 24.96% compared to Energy Select Sector SPDR Fund (XLE) at 17.48%. This indicates that OIH'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.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
24.96%
17.48%
OIH
XLE