REX vs. XLE

Last updated Aug 1, 2026

REX (REX American Resources Corporation) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. Over the past 10 years, REX returned 14.79%/yr vs 10.52%/yr for XLE. Their 0.37 correlation means their historical movements had little consistent relationship.

Performance

REX vs. XLE - Performance Comparison

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

Returns By Period

In the year-to-date period, REX achieves a 33.17% return, which is significantly lower than XLE's 35.03% return. Over the past 10 years, REX has outperformed XLE with an annualized return of 14.79%, while XLE has yielded a comparatively lower 10.52% annualized return.

REX

• 1D: -1.58%
• 1M: -4.31%
• 6M: 27.30%
• YTD: 33.17%
• 1Y: 68.82%
• 3Y*: 32.27%
• 5Y*: 25.79%
• 10Y*: 14.79%
• ALL TIME*: 13.63%

XLE

• 1D: 1.00%
• 1M: 11.89%
• 6M: 18.26%
• YTD: 35.03%
• 1Y: 43.49%
• 3Y*: 14.62%
• 5Y*: 23.67%
• 10Y*: 10.52%
• ALL TIME*: 8.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
REX REX American Resources Corporation	$6.80M	$7.00M	$8.84M
XLE State Street Energy Select Sector SPDR ETF	$1.70B	$1.73B	$1.97B

REX vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REX REX American Resources Corporation	33.17%	55.05%	-11.86%	48.46%	-0.44%	30.67%	-10.36%	20.33%	-17.73%	-16.16%
XLE State Street Energy Select Sector SPDR ETF	35.03%	7.88%	5.56%	-0.63%	64.32%	53.28%	-32.67%	11.74%	-18.22%	-0.89%

Correlation

The correlation between REX and XLE is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (3Y) Balances recent behavior with more history.	0.41
Correlation (5Y) Shows whether the relationship held over a longer period.	0.46
Correlation (10Y) Provides a long-term view across more market conditions.	0.49
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998	0.37

The correlation between REX and XLE shifts across timeframes, from 0.34 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

REX vs. XLE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REX

REX Risk / Return Rank: 90
REX Sharpe Ratio Rank: 92
REX Sortino Ratio Rank: 89
REX Omega Ratio Rank: 88
REX Calmar Ratio Rank: 91
REX Martin Ratio Rank: 91

XLE

XLE Risk / Return Rank: 76
XLE Sharpe Ratio Rank: 84
XLE Sortino Ratio Rank: 79
XLE Omega Ratio Rank: 76
XLE Calmar Ratio Rank: 78
XLE Martin Ratio Rank: 62

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

REX vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX American Resources Corporation (REX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REX	XLE	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.95	+0.08
Sortino ratio: Return per unit of downside risk	2.65	2.53	+0.12
Omega ratio: Gain probability vs. loss probability	1.34	1.32	+0.02
Calmar ratio: Return relative to maximum drawdown	3.72	2.74	+0.98
Martin ratio: Return relative to average drawdown	10.22	7.32	+2.90

REX vs. XLE - Sharpe Ratio Comparison

The current REX Sharpe Ratio is 2.03, which is comparable to the XLE Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of REX and XLE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REX vs. XLE - Drawdown Comparison

The maximum REX drawdown since its inception was -74.42%, roughly equal to the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for REX and XLE.

Drawdown Indicators

	REX	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-74.42%	-71.26%	-3.16%
Max Drawdown (1Y) Largest decline over 1 year	-17.47%	-14.98%	-2.49%
Max Drawdown (3Y) Largest decline over 3 years	-41.59%	-20.14%	-21.45%
Max Drawdown (5Y) Largest decline over 5 years	-41.59%	-26.04%	-15.55%
Max Drawdown (10Y) Largest decline over 10 years	-65.51%	-66.81%	+1.30%
Current Drawdown Current decline from peak	-15.87%	-4.13%	-11.74%
Average Drawdown Average peak-to-trough decline	-30.29%	-17.93%	-12.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.35%	5.62%	+0.73%

Volatility

REX vs. XLE - Volatility Comparison

REX American Resources Corporation (REX) has a higher volatility of 9.16% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.85%. This indicates that REX'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.

Volatility by Period

	REX	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.16%	5.85%	+3.31%
Volatility (6M) Calculated over the trailing 6-month period	25.15%	16.71%	+8.44%
Volatility (1Y) Calculated over the trailing 1-year period	32.11%	21.05%	+11.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.99%	25.77%	+18.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.18%	29.57%	+17.61%

Dividends

REX vs. XLE - Dividend Comparison

REX has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REX REX American Resources Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.55%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both REX and XLE in my portfolio?

REX and XLE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REX or XLE?

REX has higher volatility (9.16%) compared to XLE (5.85%). In terms of maximum drawdown, REX dropped -74.42% vs XLE's -71.26%.

Which has better risk-adjusted returns?

REX currently has the higher Sharpe Ratio (2.03 vs 1.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.