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

Correlation

The correlation between PBT and XLE is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.2

Performance

PBT vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Permian Basin Royalty Trust (PBT) and Energy Select Sector SPDR Fund (XLE). The values are adjusted to include any dividend payments, if applicable.

500.00%1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%NovemberDecember2025FebruaryMarchApril
2,038.85%
588.95%
PBT
XLE

Key characteristics

Sharpe Ratio

PBT:

-0.44

XLE:

-0.46

Sortino Ratio

PBT:

-0.38

XLE:

-0.45

Omega Ratio

PBT:

0.96

XLE:

0.93

Calmar Ratio

PBT:

-0.26

XLE:

-0.57

Martin Ratio

PBT:

-1.00

XLE:

-1.52

Ulcer Index

PBT:

17.19%

XLE:

7.53%

Daily Std Dev

PBT:

39.53%

XLE:

25.08%

Max Drawdown

PBT:

-83.08%

XLE:

-71.54%

Current Drawdown

PBT:

-60.65%

XLE:

-13.92%

Returns By Period

In the year-to-date period, PBT achieves a -10.00% return, which is significantly lower than XLE's -3.07% return. Over the past 10 years, PBT has outperformed XLE with an annualized return of 6.32%, while XLE has yielded a comparatively lower 3.96% annualized return.


PBT

YTD

-10.00%

1M

-0.22%

6M

-14.38%

1Y

-15.19%

5Y*

32.57%

10Y*

6.32%

XLE

YTD

-3.07%

1M

-11.28%

6M

-6.73%

1Y

-11.11%

5Y*

23.49%

10Y*

3.96%

*Annualized

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Risk-Adjusted Performance

PBT vs. XLE — Risk-Adjusted Performance Rank

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

PBT
The Risk-Adjusted Performance Rank of PBT is 2929
Overall Rank
The Sharpe Ratio Rank of PBT is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of PBT is 2626
Sortino Ratio Rank
The Omega Ratio Rank of PBT is 2828
Omega Ratio Rank
The Calmar Ratio Rank of PBT is 3535
Calmar Ratio Rank
The Martin Ratio Rank of PBT is 2828
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 44
Overall Rank
The Sharpe Ratio Rank of XLE is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 66
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 66
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 11
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 11
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.

PBT vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Permian Basin Royalty Trust (PBT) 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 PBT, currently valued at -0.44, compared to the broader market-2.00-1.000.001.002.003.00
PBT: -0.44
XLE: -0.46
The chart of Sortino ratio for PBT, currently valued at -0.38, compared to the broader market-6.00-4.00-2.000.002.004.00
PBT: -0.38
XLE: -0.45
The chart of Omega ratio for PBT, currently valued at 0.96, compared to the broader market0.501.001.502.00
PBT: 0.96
XLE: 0.93
The chart of Calmar ratio for PBT, currently valued at -0.26, compared to the broader market0.001.002.003.004.005.00
PBT: -0.26
XLE: -0.57
The chart of Martin ratio for PBT, currently valued at -1.00, compared to the broader market-5.000.005.0010.0015.0020.00
PBT: -1.00
XLE: -1.52

The current PBT Sharpe Ratio is -0.44, which is comparable to the XLE Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of PBT 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
-0.44
-0.46
PBT
XLE

Dividends

PBT vs. XLE - Dividend Comparison

PBT's dividend yield for the trailing twelve months is around 4.88%, more than XLE's 3.47% yield.


TTM20242023202220212020201920182017201620152014
PBT
Permian Basin Royalty Trust
4.88%4.92%4.30%4.56%2.28%7.10%10.83%11.20%7.09%5.40%6.82%10.73%
XLE
Energy Select Sector SPDR Fund
3.47%3.36%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%

Drawdowns

PBT vs. XLE - Drawdown Comparison

The maximum PBT drawdown since its inception was -83.08%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for PBT and XLE. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-60.65%
-13.92%
PBT
XLE

Volatility

PBT vs. XLE - Volatility Comparison

The current volatility for Permian Basin Royalty Trust (PBT) is 13.87%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 17.44%. This indicates that PBT 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.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
13.87%
17.44%
PBT
XLE