PXD vs. XLE

Last updated Apr 1, 2026

Compare and contrast key facts about Pioneer Natural Resources Company (PXD) 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

PXD vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Natural Resources Company (PXD) and State Street Energy Select Sector SPDR ETF (XLE). The values are adjusted to include any dividend payments, if applicable.

PXD vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXD Pioneer Natural Resources Company	0.00%	0.00%	21.21%	5.03%	39.10%	66.33%	-22.85%	16.08%	-23.77%	-3.96%
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

PXD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PXD vs. XLE — Risk / Return Rank

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

XLE

XLE Risk / Return Rank: 73
XLE Sharpe Ratio Rank: 79
XLE Sortino Ratio Rank: 76
XLE Omega Ratio Rank: 77
XLE Calmar Ratio Rank: 78
XLE Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PXD vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Natural Resources Company (PXD) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PXD	XLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.42	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.32	—

Correlation

The correlation between PXD and XLE is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PXD vs. XLE - Dividend Comparison

PXD has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.44%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXD Pioneer Natural Resources Company	0.00%	0.00%	0.95%	6.21%	11.14%	3.76%	1.93%	0.79%	0.24%	0.05%	0.04%	0.06%
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

Drawdown Indicators

	PXD	XLE	Difference
Max Drawdown Largest peak-to-trough decline	—	-71.26%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-18.79%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	—	-2.08%	—
Average Drawdown Average peak-to-trough decline	—	-18.05%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.14%	—

Volatility

Volatility by Period

	PXD	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	26.06%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	29.48%	—