TTI vs. XLE

Last updated Jun 24, 2026

TTI (TETRA Technologies, 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 10 years, TTI returned 5.67%/yr vs 9.37%/yr for XLE. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

TTI vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TETRA Technologies, Inc. (TTI) 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, TTI achieves a 8.11% return, which is significantly lower than XLE's 23.49% return. Over the past 10 years, TTI has underperformed XLE with an annualized return of 5.67%, while XLE has yielded a comparatively higher 9.37% annualized return.

TTI

• 1D: -2.03%
• 1M: -2.69%
• YTD: 8.11%
• 6M: 8.00%
• 1Y: 197.07%
• 3Y*: 55.20%
• 5Y*: 19.60%
• 10Y*: 5.67%

XLE

• 1D: 0.74%
• 1M: -7.80%
• YTD: 23.49%
• 6M: 24.07%
• 1Y: 30.55%
• 3Y*: 15.73%
• 5Y*: 18.87%
• 10Y*: 9.37%

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

TTI vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTI TETRA Technologies, Inc.	8.11%	161.73%	-20.80%	30.64%	21.83%	229.66%	-56.05%	16.67%	-60.66%	-12.29%
XLE State Street Energy Select Sector SPDR ETF	23.49%	7.88%	5.56%	-0.63%	64.32%	53.28%	-32.67%	11.74%	-18.22%	-0.89%

Correlation

The correlation between TTI and XLE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998	0.58

Over the past year, the correlation between TTI and XLE has dropped to 0.31 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

Return for Risk

TTI vs. XLE — Risk / Return Rank

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

TTI

TTI Risk / Return Rank: 93
TTI Sharpe Ratio Rank: 97
TTI Sortino Ratio Rank: 92
TTI Omega Ratio Rank: 92
TTI Calmar Ratio Rank: 93
TTI Martin Ratio Rank: 92

XLE

XLE Risk / Return Rank: 42
XLE Sharpe Ratio Rank: 44
XLE Sortino Ratio Rank: 41
XLE Omega Ratio Rank: 39
XLE Calmar Ratio Rank: 45
XLE Martin Ratio Rank: 42

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.

TTI vs. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TETRA Technologies, Inc. (TTI) 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.

	TTI	XLE	Difference
Sharpe ratio: Return per unit of total volatility	3.52	1.48	+2.04
Sortino ratio: Return per unit of downside risk	3.39	2.00	+1.39
Omega ratio: Gain probability vs. loss probability	1.46	1.25	+0.22
Calmar ratio: Return relative to maximum drawdown	5.27	2.18	+3.08
Martin ratio: Return relative to average drawdown	13.20	6.53	+6.67

TTI vs. XLE - Sharpe Ratio Comparison

The current TTI Sharpe Ratio is 3.52, which is higher than the XLE Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of TTI 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

TTI vs. XLE - Drawdown Comparison

The maximum TTI drawdown since its inception was -99.27%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for TTI and XLE.

Drawdown Indicators

	TTI	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-99.27%	-71.26%	-28.01%
Max Drawdown (1Y) Largest decline over 1 year	-37.66%	-14.05%	-23.61%
Max Drawdown (3Y) Largest decline over 3 years	-67.43%	-20.14%	-47.29%
Max Drawdown (5Y) Largest decline over 5 years	-67.43%	-26.04%	-41.39%
Max Drawdown (10Y) Largest decline over 10 years	-96.60%	-66.81%	-29.79%
Current Drawdown Current decline from peak	-66.54%	-12.32%	-54.22%
Average Drawdown Average peak-to-trough decline	-55.75%	-17.96%	-37.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.00%	4.69%	+10.31%

Volatility

TTI vs. XLE - Volatility Comparison

TETRA Technologies, Inc. (TTI) has a higher volatility of 18.34% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.12%. This indicates that TTI'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

	TTI	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.34%	7.12%	+11.22%
Volatility (6M) Calculated over the trailing 6-month period	40.77%	16.82%	+23.95%
Volatility (1Y) Calculated over the trailing 1-year period	56.85%	20.93%	+35.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.28%	25.98%	+35.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.36%	29.60%	+45.76%

Dividends

TTI vs. XLE - Dividend Comparison

TTI has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 2.79%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TTI TETRA Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.34%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.79%	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 TTI and XLE in my portfolio?

TTI and XLE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTI or XLE?

TTI has higher volatility (18.34%) compared to XLE (7.12%). In terms of maximum drawdown, TTI dropped -99.27% vs XLE's -71.26%.

Which has better risk-adjusted returns?

TTI currently has the higher Sharpe Ratio (3.52 vs 1.48), 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.