WTI vs. XLE
WTI (W&T Offshore, Inc.) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. Over the past 10 years, WTI returned 7.75%/yr vs 10.52%/yr for XLE. Their 0.68 correlation means they have sometimes moved together and sometimes differently.
Performance
WTI vs. XLE - Performance Comparison
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Returns By Period
In the year-to-date period, WTI achieves a 121.48% return, which is significantly higher than XLE's 35.03% return. Over the past 10 years, WTI has underperformed XLE with an annualized return of 7.75%, while XLE has yielded a comparatively higher 10.52% annualized return.
WTI
- 1D
- 3.76%
- 1M
- 16.18%
- 6M
- 66.36%
- YTD
- 121.48%
- 1Y
- 114.71%
- 3Y*
- -4.31%
- 5Y*
- -1.39%
- 10Y*
- 7.75%
- ALL TIME*
- -6.05%
XLE
- 1D
- 1.00%
- 1M
- 11.89%
- 6M
- 18.26%
- YTD
- 35.03%
- 1Y
- 43.49%
- 3Y*
- 14.62%
- 5Y*
- 23.67%
- 10Y*
- 10.52%
- ALL TIME*
- 8.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.50M | $14.39M | $19.55M | |
| $1.70B | $1.73B | $1.97B |
WTI vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTI W&T Offshore, Inc. | 121.48% | 0.62% | -48.17% | -41.41% | 72.76% | 48.85% | -60.97% | 34.95% | 24.47% | 19.49% |
XLE State Street Energy Select Sector SPDR ETF | 35.03% | 7.88% | 5.56% | -0.63% | 64.32% | 53.28% | -32.67% | 11.74% | -18.22% | -0.89% |
Correlation
The correlation between WTI and XLE is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2005 | 0.68 |
The correlation between WTI and XLE has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
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Return for Risk
WTI vs. XLE — Risk / Return Rank
WTI
XLE
WTI vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for W&T Offshore, Inc. (WTI) and State Street Energy Select Sector SPDR ETF (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.
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.
| WTI | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.32 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.74 | -0.08 |
| Martin ratioReturn relative to average drawdown | 5.33 | 7.32 | -1.99 |
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Drawdowns
WTI vs. XLE - Drawdown Comparison
The maximum WTI drawdown since its inception was -97.59%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for WTI and XLE.
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Drawdown Indicators
| WTI | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.59% | -71.26% | -26.33% |
Max Drawdown (1Y)Largest decline over 1 year | -40.17% | -14.98% | -25.19% |
Max Drawdown (3Y)Largest decline over 3 years | -74.31% | -20.14% | -54.17% |
Max Drawdown (5Y)Largest decline over 5 years | -87.31% | -26.04% | -61.27% |
Max Drawdown (10Y)Largest decline over 10 years | -88.92% | -66.81% | -22.11% |
Current DrawdownCurrent decline from peak | -91.63% | -4.13% | -87.50% |
Average DrawdownAverage peak-to-trough decline | -74.20% | -17.93% | -56.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.00% | 5.62% | +14.38% |
Volatility
WTI vs. XLE - Volatility Comparison
W&T Offshore, Inc. (WTI) has a higher volatility of 23.17% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.85%. This indicates that WTI'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.
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Volatility by Period
| WTI | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.17% | 5.85% | +17.32% |
Volatility (6M)Calculated over the trailing 6-month period | 72.21% | 16.71% | +55.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.03% | 21.05% | +64.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.93% | 25.77% | +44.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.67% | 29.57% | +44.10% |
Dividends
WTI vs. XLE - Dividend Comparison
WTI's dividend yield for the trailing twelve months is around 1.11%, less than XLE's 2.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTI W&T Offshore, Inc. | 1.11% | 2.45% | 2.41% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.55% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Frequently Asked Questions
WTI and XLE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTI has higher volatility (23.17%) compared to XLE (5.85%). In terms of maximum drawdown, WTI dropped -97.59% vs XLE's -71.26%.
XLE currently has the higher Sharpe Ratio (1.95 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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