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USL vs. XHB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between USL and XHB 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

USL vs. XHB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States 12 Month Oil Fund LP (USL) and SPDR S&P Homebuilders ETF (XHB). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
-33.75%
432.44%
USL
XHB

Key characteristics

Sharpe Ratio

USL:

-0.71

XHB:

-0.53

Sortino Ratio

USL:

-0.86

XHB:

-0.61

Omega Ratio

USL:

0.89

XHB:

0.93

Calmar Ratio

USL:

-0.27

XHB:

-0.52

Martin Ratio

USL:

-1.94

XHB:

-1.31

Ulcer Index

USL:

8.65%

XHB:

10.61%

Daily Std Dev

USL:

23.67%

XHB:

26.30%

Max Drawdown

USL:

-89.06%

XHB:

-81.61%

Current Drawdown

USL:

-61.23%

XHB:

-25.66%

Returns By Period

The year-to-date returns for both stocks are quite close, with USL having a -10.42% return and XHB slightly lower at -10.84%. Over the past 10 years, USL has underperformed XHB with an annualized return of 2.85%, while XHB has yielded a comparatively higher 10.77% annualized return.


USL

YTD

-10.42%

1M

-4.91%

6M

-11.37%

1Y

-17.65%

5Y*

21.21%

10Y*

2.85%

XHB

YTD

-10.84%

1M

-7.42%

6M

-23.09%

1Y

-12.64%

5Y*

29.67%

10Y*

10.77%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


USL vs. XHB - Expense Ratio Comparison

USL has a 0.88% expense ratio, which is higher than XHB's 0.35% expense ratio.


USL
United States 12 Month Oil Fund LP
Expense ratio chart for USL: current value is 0.88%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
USL: 0.88%
Expense ratio chart for XHB: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XHB: 0.35%

Risk-Adjusted Performance

USL vs. XHB — Risk-Adjusted Performance Rank

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

USL
The Risk-Adjusted Performance Rank of USL is 77
Overall Rank
The Sharpe Ratio Rank of USL is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of USL is 44
Sortino Ratio Rank
The Omega Ratio Rank of USL is 44
Omega Ratio Rank
The Calmar Ratio Rank of USL is 1616
Calmar Ratio Rank
The Martin Ratio Rank of USL is 44
Martin Ratio Rank

XHB
The Risk-Adjusted Performance Rank of XHB is 77
Overall Rank
The Sharpe Ratio Rank of XHB is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of XHB is 66
Sortino Ratio Rank
The Omega Ratio Rank of XHB is 77
Omega Ratio Rank
The Calmar Ratio Rank of XHB is 55
Calmar Ratio Rank
The Martin Ratio Rank of XHB is 88
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.

USL vs. XHB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States 12 Month Oil Fund LP (USL) and SPDR S&P Homebuilders ETF (XHB). 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.


Sharpe ratio
The chart of Sharpe ratio for USL, currently valued at -0.71, compared to the broader market-1.000.001.002.003.004.005.00
USL: -0.71
XHB: -0.53
The chart of Sortino ratio for USL, currently valued at -0.86, compared to the broader market-2.000.002.004.006.008.0010.00
USL: -0.86
XHB: -0.61
The chart of Omega ratio for USL, currently valued at 0.89, compared to the broader market0.501.001.502.002.50
USL: 0.89
XHB: 0.93
The chart of Calmar ratio for USL, currently valued at -0.27, compared to the broader market0.005.0010.0015.00
USL: -0.27
XHB: -0.52
The chart of Martin ratio for USL, currently valued at -1.94, compared to the broader market0.0020.0040.0060.0080.00100.00
USL: -1.94
XHB: -1.31

The current USL Sharpe Ratio is -0.71, which is lower than the XHB Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of USL and XHB, 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-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.71
-0.53
USL
XHB

Dividends

USL vs. XHB - Dividend Comparison

USL has not paid dividends to shareholders, while XHB's dividend yield for the trailing twelve months is around 0.82%.


TTM20242023202220212020201920182017201620152014
USL
United States 12 Month Oil Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XHB
SPDR S&P Homebuilders ETF
0.82%0.59%0.77%1.06%0.50%0.73%0.89%1.25%0.71%0.67%0.50%0.78%

Drawdowns

USL vs. XHB - Drawdown Comparison

The maximum USL drawdown since its inception was -89.06%, which is greater than XHB's maximum drawdown of -81.61%. Use the drawdown chart below to compare losses from any high point for USL and XHB. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-61.23%
-25.66%
USL
XHB

Volatility

USL vs. XHB - Volatility Comparison

United States 12 Month Oil Fund LP (USL) and SPDR S&P Homebuilders ETF (XHB) have volatilities of 10.22% and 10.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
10.22%
10.07%
USL
XHB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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