XEG.TO vs. XLE
Compare and contrast key facts about iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and Energy Select Sector SPDR Fund (XLE).
XEG.TO and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEG.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Capped Energy Index. It was launched on Mar 19, 2001. 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. Both XEG.TO and XLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEG.TO or XLE.
Key characteristics
| XEG.TO | XLE | |
|---|---|---|
| YTD Return | 15.61% | 14.60% |
| 1Y Return | 7.46% | 15.47% |
| 3Y Return (Ann) | 22.57% | 22.36% |
| 5Y Return (Ann) | 19.56% | 14.95% |
| 10Y Return (Ann) | 3.54% | 4.88% |
| Sharpe Ratio | 0.36 | 0.92 |
| Sortino Ratio | 0.63 | 1.33 |
| Omega Ratio | 1.08 | 1.17 |
| Calmar Ratio | 0.34 | 1.22 |
| Martin Ratio | 1.14 | 2.86 |
| Ulcer Index | 7.16% | 5.71% |
| Daily Std Dev | 22.49% | 17.81% |
| Max Drawdown | -87.73% | -71.54% |
| Current Drawdown | -9.79% | -2.82% |
Correlation
The correlation between XEG.TO and XLE is 0.80, 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
XEG.TO vs. XLE - Performance Comparison
In the year-to-date period, XEG.TO achieves a 15.61% return, which is significantly higher than XLE's 14.60% return. Over the past 10 years, XEG.TO has underperformed XLE with an annualized return of 3.54%, while XLE has yielded a comparatively higher 4.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XEG.TO vs. XLE - Expense Ratio Comparison
XEG.TO has a 0.61% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
XEG.TO vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Energy Index ETF (XEG.TO) 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
XEG.TO vs. XLE - Dividend Comparison
XEG.TO's dividend yield for the trailing twelve months is around 3.02%, less than XLE's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 3.02% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% | 2.56% | 2.32% |
XLE Energy Select Sector SPDR Fund | 3.18% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
XEG.TO vs. XLE - Drawdown Comparison
The maximum XEG.TO drawdown since its inception was -87.73%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for XEG.TO and XLE. For additional features, visit the drawdowns tool.
Volatility
XEG.TO vs. XLE - Volatility Comparison
iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a higher volatility of 6.68% compared to Energy Select Sector SPDR Fund (XLE) at 5.94%. This indicates that XEG.TO'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.