USMC vs. XLE
Compare and contrast key facts about Principal U.S. Mega-Cap ETF (USMC) and Energy Select Sector SPDR Fund (XLE).
USMC and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. 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. Both USMC and XLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USMC or XLE.
Performance
USMC vs. XLE - Performance Comparison
Returns By Period
In the year-to-date period, USMC achieves a 25.97% return, which is significantly higher than XLE's 15.77% return.
USMC
25.97%
1.85%
12.84%
32.61%
15.86%
N/A
XLE
15.77%
5.01%
1.39%
18.13%
14.98%
5.03%
Key characteristics
| USMC | XLE | |
|---|---|---|
| Sharpe Ratio | 2.67 | 0.89 |
| Sortino Ratio | 3.58 | 1.30 |
| Omega Ratio | 1.50 | 1.16 |
| Calmar Ratio | 3.86 | 1.19 |
| Martin Ratio | 17.43 | 2.77 |
| Ulcer Index | 1.86% | 5.71% |
| Daily Std Dev | 12.13% | 17.79% |
| Max Drawdown | -29.97% | -71.54% |
| Current Drawdown | -2.03% | -1.84% |
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USMC vs. XLE - Expense Ratio Comparison
USMC has a 0.12% expense ratio, which is lower than XLE's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between USMC and XLE is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
USMC vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) and Energy Select Sector SPDR Fund (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.
Dividends
USMC vs. XLE - Dividend Comparison
USMC's dividend yield for the trailing twelve months is around 1.12%, less than XLE's 3.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMC Principal U.S. Mega-Cap ETF | 1.12% | 1.35% | 1.78% | 1.53% | 1.56% | 2.04% | 2.27% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE Energy Select Sector SPDR Fund | 3.14% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
USMC vs. XLE - Drawdown Comparison
The maximum USMC drawdown since its inception was -29.97%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for USMC and XLE. For additional features, visit the drawdowns tool.
Volatility
USMC vs. XLE - Volatility Comparison
The current volatility for Principal U.S. Mega-Cap ETF (USMC) is 3.98%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 4.84%. This indicates that USMC experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.