VNOM vs. XLE
Compare and contrast key facts about Viper Energy Partners LP (VNOM) and Energy Select Sector SPDR Fund (XLE).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNOM or XLE.
Correlation
The correlation between VNOM and XLE is 0.61, 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.
Performance
VNOM vs. XLE - Performance Comparison
Key characteristics
VNOM:
0.12
XLE:
-0.73
VNOM:
0.40
XLE:
-0.82
VNOM:
1.05
XLE:
0.88
VNOM:
0.13
XLE:
-0.92
VNOM:
0.41
XLE:
-2.26
VNOM:
10.33%
XLE:
7.17%
VNOM:
33.95%
XLE:
22.29%
VNOM:
-86.96%
XLE:
-71.54%
VNOM:
-32.42%
XLE:
-17.71%
Returns By Period
In the year-to-date period, VNOM achieves a -22.12% return, which is significantly lower than XLE's -7.34% return. Over the past 10 years, VNOM has outperformed XLE with an annualized return of 13.99%, while XLE has yielded a comparatively lower 3.98% annualized return.
VNOM
-22.12%
-11.06%
-23.00%
3.90%
45.72%
13.99%
XLE
-7.34%
-7.38%
-14.10%
-16.17%
26.61%
3.98%
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Risk-Adjusted Performance
VNOM vs. XLE — Risk-Adjusted Performance Rank
VNOM
XLE
VNOM vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Viper Energy Partners LP (VNOM) 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
VNOM vs. XLE - Dividend Comparison
VNOM's dividend yield for the trailing twelve months is around 6.62%, more than XLE's 3.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNOM Viper Energy Partners LP | 6.62% | 4.89% | 5.58% | 7.68% | 5.16% | 5.85% | 7.38% | 8.14% | 5.27% | 4.83% | 6.16% | 1.38% |
XLE Energy Select Sector SPDR Fund | 3.63% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% |
Drawdowns
VNOM vs. XLE - Drawdown Comparison
The maximum VNOM drawdown since its inception was -86.96%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for VNOM and XLE. For additional features, visit the drawdowns tool.
Volatility
VNOM vs. XLE - Volatility Comparison
Viper Energy Partners LP (VNOM) has a higher volatility of 16.86% compared to Energy Select Sector SPDR Fund (XLE) at 13.77%. This indicates that VNOM'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.