XELA vs. UNL
XELA (Exela Technologies, Inc.) is a stock, while UNL (United States 12 Month Natural Gas Fund LP) is Oil & Gas fund tracking the 12 Month Natural Gas. Over the past 10 years, XELA returned -80.20%/yr vs -4.56%/yr for UNL. At a 0.04 correlation, their price movements are largely independent.
Performance
XELA vs. UNL - Performance Comparison
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Returns By Period
Over the past 10 years, XELA has underperformed UNL with an annualized return of -80.20%, while UNL has yielded a comparatively higher -4.56% annualized return.
XELA
- 1D
- 0.00%
- 1M
- 587.50%
- YTD
- 0.00%
- 6M
- -63.33%
- 1Y
- -0.90%
- 3Y*
- -86.82%
- 5Y*
- -92.69%
- 10Y*
- -80.20%
UNL
- 1D
- -1.92%
- 1M
- 1.75%
- YTD
- -13.41%
- 6M
- -15.14%
- 1Y
- -30.69%
- 3Y*
- -17.95%
- 5Y*
- -7.73%
- 10Y*
- -4.56%
XELA vs. UNL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XELA Exela Technologies, Inc. | 0.00% | -99.01% | -66.96% | -79.51% | -99.53% | -29.58% | 1.79% | -89.51% | -24.47% | -48.24% |
UNL United States 12 Month Natural Gas Fund LP | -13.41% | -9.67% | -4.78% | -50.20% | 47.01% | 54.42% | -9.54% | -18.78% | 12.53% | -21.47% |
Correlation
The correlation between XELA and UNL is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2015 | 0.04 |
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Return for Risk
XELA vs. UNL — Risk / Return Rank
XELA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UNL
XELA vs. UNL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Exela Technologies, Inc. (XELA) and United States 12 Month Natural Gas Fund LP (UNL). 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.
| XELA | UNL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +38.14 | ||
| Omega ratioGain probability vs. loss probability | 6.69 | 0.86 | +5.83 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | -0.95 | +0.94 |
| Martin ratioReturn relative to average drawdown | -0.01 | -1.52 | +1.51 |
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Drawdowns
XELA vs. UNL - Drawdown Comparison
The maximum XELA drawdown since its inception was -100.00%, which is greater than UNL's maximum drawdown of -89.00%. Use the drawdown chart below to compare losses from any high point for XELA and UNL.
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Drawdown Indicators
| XELA | UNL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -89.00% | -11.00% |
Max Drawdown (1Y)Largest decline over 1 year | -99.59% | -32.43% | -67.16% |
Max Drawdown (3Y)Largest decline over 3 years | -99.98% | -48.16% | -51.82% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -78.12% | -21.88% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -78.12% | -21.88% |
Current DrawdownCurrent decline from peak | -100.00% | -88.68% | -11.32% |
Average DrawdownAverage peak-to-trough decline | -70.76% | -73.39% | +2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 89.91% | 20.45% | +69.46% |
Volatility
XELA vs. UNL - Volatility Comparison
Exela Technologies, Inc. (XELA) has a higher volatility of 498.36% compared to United States 12 Month Natural Gas Fund LP (UNL) at 7.26%. This indicates that XELA's price experiences larger fluctuations and is considered to be riskier than UNL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XELA | UNL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 498.36% | 7.26% | +491.10% |
Volatility (6M)Calculated over the trailing 6-month period | 875.59% | 30.37% | +845.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 5,899.25% | 35.76% | +5,863.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2,562.20% | 41.76% | +2,520.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,805.34% | 33.86% | +1,771.48% |
Dividends
XELA vs. UNL - Dividend Comparison
Neither XELA nor UNL has paid dividends to shareholders.
Frequently Asked Questions
XELA and UNL have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XELA has higher volatility (498.36%) compared to UNL (7.26%). In terms of maximum drawdown, XELA dropped -100.00% vs UNL's -89.00%.
XELA currently has the higher Sharpe Ratio (-0.00 vs -0.86), 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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