VAL vs. XES
Compare and contrast key facts about Valaris Limited (VAL) and SPDR S&P Oil & Gas Equipment & Services ETF (XES).
XES is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAL or XES.
Correlation
The correlation between VAL and XES is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VAL vs. XES - Performance Comparison
Key characteristics
VAL:
-0.66
XES:
0.49
VAL:
-0.78
XES:
0.86
VAL:
0.91
XES:
1.11
VAL:
-0.54
XES:
0.17
VAL:
-1.05
XES:
1.21
VAL:
24.85%
XES:
11.90%
VAL:
39.49%
XES:
29.33%
VAL:
-48.84%
XES:
-95.65%
VAL:
-39.93%
XES:
-79.78%
Returns By Period
In the year-to-date period, VAL achieves a 8.59% return, which is significantly lower than XES's 10.83% return.
VAL
8.59%
16.57%
-37.18%
-27.62%
N/A
N/A
XES
10.83%
16.28%
-7.15%
12.64%
3.88%
-8.79%
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Risk-Adjusted Performance
VAL vs. XES — Risk-Adjusted Performance Rank
VAL
XES
VAL vs. XES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valaris Limited (VAL) and SPDR S&P Oil & Gas Equipment & Services ETF (XES). 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
VAL vs. XES - Dividend Comparison
VAL has not paid dividends to shareholders, while XES's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAL Valaris Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XES SPDR S&P Oil & Gas Equipment & Services ETF | 1.19% | 1.32% | 0.66% | 0.36% | 1.81% | 1.33% | 1.43% | 1.15% | 1.68% | 0.64% | 2.47% | 1.60% |
Drawdowns
VAL vs. XES - Drawdown Comparison
The maximum VAL drawdown since its inception was -48.84%, smaller than the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for VAL and XES. For additional features, visit the drawdowns tool.
Volatility
VAL vs. XES - Volatility Comparison
Valaris Limited (VAL) has a higher volatility of 10.26% compared to SPDR S&P Oil & Gas Equipment & Services ETF (XES) at 6.95%. This indicates that VAL's price experiences larger fluctuations and is considered to be riskier than XES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.