XITK vs. DBE
XITK (SPDR FactSet Innovative Technology ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - XITK is a Technology Equities fund tracking the FactSet Innovative Technology Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 10 years, XITK returned 13.16%/yr vs 11.15%/yr for DBE. At a 0.13 correlation, their price movements are largely independent. XITK charges 0.45%/yr vs 0.78%/yr for DBE.
Performance
XITK vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, XITK achieves a 5.29% return, which is significantly lower than DBE's 66.08% return. Over the past 10 years, XITK has outperformed DBE with an annualized return of 13.16%, while DBE has yielded a comparatively lower 11.15% annualized return.
XITK
- 1D
- -1.63%
- 1M
- -3.25%
- 6M
- 2.14%
- YTD
- 5.29%
- 1Y
- 2.28%
- 3Y*
- 10.62%
- 5Y*
- -2.94%
- 10Y*
- 13.16%
DBE
- 1D
- 6.87%
- 1M
- -1.18%
- 6M
- 62.18%
- YTD
- 66.08%
- 1Y
- 53.22%
- 3Y*
- 17.13%
- 5Y*
- 16.54%
- 10Y*
- 11.15%
XITK vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XITK SPDR FactSet Innovative Technology ETF | 5.29% | 2.53% | 19.12% | 45.87% | -47.45% | -11.24% | 90.22% | 36.98% | 7.60% | 36.01% |
DBE Invesco DB Energy Fund | 66.08% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | -25.91% | 19.72% | -12.95% | 5.21% |
Correlation
The correlation between XITK and DBE is -0.17, 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 (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2016 | 0.13 |
The correlation between XITK and DBE shifts across timeframes, from -0.17 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XITK vs. DBE — Risk / Return Rank
XITK
DBE
XITK vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and Invesco DB Energy Fund (DBE). 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.
| XITK | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.26 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 2.16 | -2.08 |
| Martin ratioReturn relative to average drawdown | 0.19 | 6.57 | -6.38 |
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Drawdowns
XITK vs. DBE - Drawdown Comparison
The maximum XITK drawdown since its inception was -65.56%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for XITK and DBE.
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Drawdown Indicators
| XITK | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.56% | -86.69% | +21.13% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | -24.72% | -3.31% |
Max Drawdown (3Y)Largest decline over 3 years | -28.18% | -24.72% | -3.46% |
Max Drawdown (5Y)Largest decline over 5 years | -61.53% | -38.74% | -22.79% |
Max Drawdown (10Y)Largest decline over 10 years | -65.56% | -60.84% | -4.72% |
Current DrawdownCurrent decline from peak | -28.21% | -36.95% | +8.74% |
Average DrawdownAverage peak-to-trough decline | -22.12% | -57.20% | +35.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.30% | 8.13% | +4.17% |
Volatility
XITK vs. DBE - Volatility Comparison
The current volatility for SPDR FactSet Innovative Technology ETF (XITK) is 10.16%, while Invesco DB Energy Fund (DBE) has a volatility of 12.49%. This indicates that XITK experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XITK | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 12.49% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 24.62% | 32.73% | -8.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.54% | 36.03% | -7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.01% | 29.89% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.66% | 28.40% | +1.26% |
XITK vs. DBE - Expense Ratio Comparison
XITK has a 0.45% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
XITK vs. DBE - Dividend Comparison
XITK has not paid dividends to shareholders, while DBE's dividend yield for the trailing twelve months is around 2.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.33% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% | 0.00% | 0.00% |
XITK SPDR FactSet Innovative Technology ETF | 0.00% | 0.00% | 0.00% | 0.08% | 0.11% | 0.00% | 0.06% | 0.14% | 1.50% | 1.74% | 1.88% |
Frequently Asked Questions
XITK and DBE have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (12.49%) compared to XITK (10.16%). In terms of maximum drawdown, XITK dropped -65.56% vs DBE's -86.69%.
On 10-year performance, XITK leads with 13.16% vs 11.15% for DBE. On fees, XITK is cheaper at 0.45% per year. On volatility, XITK has been the lower-risk option at 10.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, XITK has performed better with a 13.16% return vs 11.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XITK is cheaper with a 0.45% expense ratio, compared with 0.78% for DBE.
DBE has the higher dividend yield at 2.33%, compared with 0.00% for XITK.
XITK is categorized as Technology Equities, while DBE is Oil & Gas. XITK tracks FactSet Innovative Technology Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.45% for XITK and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.49 vs 0.08), 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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