SOUN vs. XLE
SOUN (SoundHound AI, Inc.) 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 3 years, SOUN returned 29.87%/yr vs 16.18%/yr for XLE. At a 0.11 correlation, their price movements are largely independent.
Performance
SOUN vs. XLE - Performance Comparison
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Returns By Period
In the year-to-date period, SOUN achieves a -30.79% return, which is significantly lower than XLE's 29.56% return.
SOUN
- 1D
- -1.43%
- 1M
- -18.05%
- YTD
- -30.79%
- 6M
- -40.77%
- 1Y
- -27.14%
- 3Y*
- 29.87%
- 5Y*
- —
- 10Y*
- —
XLE
- 1D
- 0.75%
- 1M
- -0.14%
- YTD
- 29.56%
- 6M
- 28.37%
- 1Y
- 37.19%
- 3Y*
- 16.18%
- 5Y*
- 20.12%
- 10Y*
- 9.91%
SOUN vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | -30.79% | -49.75% | 835.85% | 19.77% | -79.70% |
XLE State Street Energy Select Sector SPDR ETF | 29.56% | 7.88% | 5.56% | -0.63% | 20.67% |
Correlation
The correlation between SOUN and XLE is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.11 |
The correlation between SOUN and XLE shifts across timeframes, from -0.00 (1 year) to 0.11 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SOUN vs. XLE — Risk / Return Rank
SOUN
XLE
SOUN vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) 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.
| SOUN | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.30 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 3.10 | -3.48 |
| Martin ratioReturn relative to average drawdown | -0.60 | 8.63 | -9.23 |
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Drawdowns
SOUN vs. XLE - Drawdown Comparison
The maximum SOUN drawdown since its inception was -93.55%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for SOUN and XLE.
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Drawdown Indicators
| SOUN | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.55% | -71.26% | -22.29% |
Max Drawdown (1Y)Largest decline over 1 year | -72.43% | -12.05% | -60.38% |
Max Drawdown (3Y)Largest decline over 3 years | -75.65% | -20.14% | -55.51% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.81% | — |
Current DrawdownCurrent decline from peak | -71.52% | -8.01% | -63.51% |
Average DrawdownAverage peak-to-trough decline | -66.93% | -17.97% | -48.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.29% | 4.32% | +40.97% |
Volatility
SOUN vs. XLE - Volatility Comparison
SoundHound AI, Inc. (SOUN) has a higher volatility of 17.69% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.26%. This indicates that SOUN'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.
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Volatility by Period
| SOUN | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.69% | 7.26% | +10.43% |
Volatility (6M)Calculated over the trailing 6-month period | 52.15% | 16.79% | +35.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.70% | 20.57% | +60.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.27% | 26.05% | +110.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.27% | 29.58% | +106.69% |
Dividends
SOUN vs. XLE - Dividend Comparison
SOUN has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | 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 | 2.59% | 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
SOUN and XLE have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOUN has higher volatility (17.69%) compared to XLE (7.26%). In terms of maximum drawdown, SOUN dropped -93.55% vs XLE's -71.26%.
XLE currently has the higher Sharpe Ratio (1.82 vs -0.34), 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.
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