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XELA vs. UNL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XELA and UNL is 0.04, 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.


-0.50.00.51.00.0

Performance

XELA vs. UNL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Exela Technologies, Inc. (XELA) and United States 12 Month Natural Gas Fund LP (UNL). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-11.98%
XELA
UNL

Key characteristics

Sharpe Ratio

XELA:

-0.73

UNL:

-0.31

Sortino Ratio

XELA:

-0.96

UNL:

-0.24

Omega Ratio

XELA:

0.87

UNL:

0.97

Calmar Ratio

XELA:

-0.65

UNL:

-0.11

Martin Ratio

XELA:

-1.64

UNL:

-0.50

Ulcer Index

XELA:

39.46%

UNL:

19.13%

Daily Std Dev

XELA:

88.02%

UNL:

31.26%

Max Drawdown

XELA:

-100.00%

UNL:

-88.01%

Current Drawdown

XELA:

-100.00%

UNL:

-86.60%

Returns By Period

In the year-to-date period, XELA achieves a -64.29% return, which is significantly lower than UNL's -10.96% return.


XELA

YTD

-64.29%

1M

11.11%

6M

-41.46%

1Y

-62.03%

5Y*

-80.50%

10Y*

N/A

UNL

YTD

-10.96%

1M

4.23%

6M

-12.39%

1Y

-6.72%

5Y*

-2.16%

10Y*

-6.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

XELA vs. UNL - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for XELA, currently valued at -0.73, compared to the broader market-4.00-2.000.002.00-0.73-0.31
The chart of Sortino ratio for XELA, currently valued at -0.96, compared to the broader market-4.00-2.000.002.004.00-0.96-0.24
The chart of Omega ratio for XELA, currently valued at 0.87, compared to the broader market0.501.001.502.000.870.97
The chart of Calmar ratio for XELA, currently valued at -0.65, compared to the broader market0.002.004.006.00-0.65-0.13
The chart of Martin ratio for XELA, currently valued at -1.64, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.64-0.50
XELA
UNL

The current XELA Sharpe Ratio is -0.73, which is lower than the UNL Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of XELA and UNL, 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-1.40-1.20-1.00-0.80-0.60-0.40-0.20JulyAugustSeptemberOctoberNovemberDecember
-0.73
-0.31
XELA
UNL

Dividends

XELA vs. UNL - Dividend Comparison

Neither XELA nor UNL has paid dividends to shareholders.


Tickers have no history of dividend payments

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 -88.01%. Use the drawdown chart below to compare losses from any high point for XELA and UNL. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-73.08%
XELA
UNL

Volatility

XELA vs. UNL - Volatility Comparison

Exela Technologies, Inc. (XELA) has a higher volatility of 20.23% compared to United States 12 Month Natural Gas Fund LP (UNL) at 10.32%. 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.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
20.23%
10.32%
XELA
UNL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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