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VNOM vs. XLE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VNOM and XLE is 0.33, 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: 0.3

Performance

VNOM vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Viper Energy Partners LP (VNOM) and Energy Select Sector SPDR Fund (XLE). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
141.08%
25.40%
VNOM
XLE

Key characteristics

Sharpe Ratio

VNOM:

0.27

XLE:

-0.46

Sortino Ratio

VNOM:

0.62

XLE:

-0.45

Omega Ratio

VNOM:

1.08

XLE:

0.93

Calmar Ratio

VNOM:

0.29

XLE:

-0.57

Martin Ratio

VNOM:

0.82

XLE:

-1.52

Ulcer Index

VNOM:

12.30%

XLE:

7.53%

Daily Std Dev

VNOM:

36.87%

XLE:

25.08%

Max Drawdown

VNOM:

-86.96%

XLE:

-71.54%

Current Drawdown

VNOM:

-25.34%

XLE:

-13.92%

Returns By Period

In the year-to-date period, VNOM achieves a -13.96% return, which is significantly lower than XLE's -3.07% return. Over the past 10 years, VNOM has outperformed XLE with an annualized return of 14.49%, while XLE has yielded a comparatively lower 4.04% annualized return.


VNOM

YTD

-13.96%

1M

-8.05%

6M

-18.37%

1Y

11.26%

5Y*

47.13%

10Y*

14.49%

XLE

YTD

-3.07%

1M

-12.15%

6M

-6.73%

1Y

-11.93%

5Y*

24.00%

10Y*

4.04%

*Annualized

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Risk-Adjusted Performance

VNOM vs. XLE — Risk-Adjusted Performance Rank

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

VNOM
The Risk-Adjusted Performance Rank of VNOM is 6060
Overall Rank
The Sharpe Ratio Rank of VNOM is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of VNOM is 5555
Sortino Ratio Rank
The Omega Ratio Rank of VNOM is 5555
Omega Ratio Rank
The Calmar Ratio Rank of VNOM is 6666
Calmar Ratio Rank
The Martin Ratio Rank of VNOM is 6262
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 44
Overall Rank
The Sharpe Ratio Rank of XLE is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 55
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 55
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 11
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 11
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.

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.


The chart of Sharpe ratio for VNOM, currently valued at 0.27, compared to the broader market-2.00-1.000.001.002.003.00
VNOM: 0.27
XLE: -0.46
The chart of Sortino ratio for VNOM, currently valued at 0.62, compared to the broader market-6.00-4.00-2.000.002.004.00
VNOM: 0.62
XLE: -0.45
The chart of Omega ratio for VNOM, currently valued at 1.08, compared to the broader market0.501.001.502.00
VNOM: 1.08
XLE: 0.93
The chart of Calmar ratio for VNOM, currently valued at 0.29, compared to the broader market0.001.002.003.004.005.00
VNOM: 0.29
XLE: -0.57
The chart of Martin ratio for VNOM, currently valued at 0.82, compared to the broader market-5.000.005.0010.0015.0020.00
VNOM: 0.82
XLE: -1.52

The current VNOM Sharpe Ratio is 0.27, which is higher than the XLE Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of VNOM and XLE, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.27
-0.46
VNOM
XLE

Dividends

VNOM vs. XLE - Dividend Comparison

VNOM's dividend yield for the trailing twelve months is around 5.99%, more than XLE's 3.47% yield.


TTM20242023202220212020201920182017201620152014
VNOM
Viper Energy Partners LP
5.99%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
3.47%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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-25.34%
-13.92%
VNOM
XLE

Volatility

VNOM vs. XLE - Volatility Comparison

Viper Energy Partners LP (VNOM) has a higher volatility of 21.13% compared to Energy Select Sector SPDR Fund (XLE) at 17.44%. 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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
21.13%
17.44%
VNOM
XLE