VTG vs. XES
VTG (Vanguard Total Treasury ETF) and XES (SPDR S&P Oil & Gas Equipment & Services ETF) are both exchange-traded funds - VTG is a Intermediate Core Bond fund tracking the Bloomberg U.S. Treasury Total Return Unhedged USD Index, while XES is a Energy Equities fund tracking the S&P Oil & Gas Equipment & Services Select Industry Index. Both are passively managed. At a correlation of -0.13, they often move in opposite directions. VTG charges 0.03%/yr vs 0.35%/yr for XES.
Performance
VTG vs. XES - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VTG achieves a 0.11% return, which is significantly lower than XES's 39.22% return.
VTG
- 1D
- 0.09%
- 1M
- 0.64%
- YTD
- 0.11%
- 6M
- 0.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XES
- 1D
- -1.07%
- 1M
- -12.19%
- YTD
- 39.22%
- 6M
- 40.00%
- 1Y
- 79.49%
- 3Y*
- 17.82%
- 5Y*
- 12.58%
- 10Y*
- -3.65%
VTG vs. XES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VTG Vanguard Total Treasury ETF | 0.11% | 3.07% |
XES SPDR S&P Oil & Gas Equipment & Services ETF | 39.22% | 20.14% |
Correlation
The correlation between VTG and XES is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025 | -0.13 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VTG vs. XES — Risk / Return Rank
VTG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XES
VTG vs. XES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Treasury ETF (VTG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VTG | XES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.32 | — |
| Martin ratioReturn relative to average drawdown | — | 18.76 | — |
Loading charts...
Drawdowns
VTG vs. XES - Drawdown Comparison
The maximum VTG drawdown since its inception was -2.89%, smaller than the maximum XES drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for VTG and XES.
Loading charts...
Drawdown Indicators
| VTG | XES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.89% | -95.65% | +92.76% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.03% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -91.23% | — |
Current DrawdownCurrent decline from peak | -1.68% | -73.11% | +71.43% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -54.40% | +53.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.25% | — |
Volatility
VTG vs. XES - Volatility Comparison
Loading charts...
Volatility by Period
| VTG | XES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.80% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 31.19% | -27.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.52% | 39.02% | -35.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.52% | 44.96% | -41.44% |
VTG vs. XES - Expense Ratio Comparison
VTG has a 0.03% expense ratio, which is lower than XES's 0.35% expense ratio.
Dividends
VTG vs. XES - Dividend Comparison
VTG's dividend yield for the trailing twelve months is around 3.20%, more than XES's 1.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTG Vanguard Total Treasury ETF | 3.20% | 1.65% | 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 | 1.15% | 1.69% | 1.31% | 0.66% | 0.36% | 1.81% | 1.33% | 1.43% | 1.14% | 1.68% | 0.64% | 2.47% |
Frequently Asked Questions
VTG and XES have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VTG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VTG is cheaper with a 0.03% expense ratio, compared with 0.35% for XES.
VTG has the higher dividend yield at 3.20%, compared with 1.15% for XES.
VTG is categorized as Intermediate Core Bond, while XES is Energy Equities. VTG tracks Bloomberg U.S. Treasury Total Return Unhedged USD Index, while XES tracks S&P Oil & Gas Equipment & Services Select Industry Index. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.03% for VTG and 0.35% for XES.
Find the right allocation for VTG and XES
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer