XLE vs. GLTR

Last updated Jun 9, 2026

XLE (State Street Energy Select Sector SPDR ETF) and GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - XLE is a Energy Equities fund tracking the Energy Select Sector Index, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. Both are passively managed. Over the past 10 years, XLE returned 10.02%/yr vs 12.31%/yr for GLTR. At a 0.18 correlation, their price movements are largely independent. XLE charges 0.08%/yr vs 0.60%/yr for GLTR.

Performance

XLE vs. GLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Energy Select Sector SPDR ETF (XLE) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLE achieves a 31.32% return, which is significantly higher than GLTR's -3.01% return. Over the past 10 years, XLE has underperformed GLTR with an annualized return of 10.02%, while GLTR has yielded a comparatively higher 12.31% annualized return.

XLE

• 1D: 1.14%
• 1M: 4.72%
• YTD: 31.32%
• 6M: 30.37%
• 1Y: 44.35%
• 3Y*: 16.51%
• 5Y*: 20.33%
• 10Y*: 10.02%

GLTR

• 1D: 0.02%
• 1M: -11.67%
• YTD: -3.01%
• 6M: 6.38%
• 1Y: 45.14%
• 3Y*: 30.24%
• 5Y*: 14.39%
• 10Y*: 12.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLE vs. GLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLE State Street Energy Select Sector SPDR ETF	31.32%	7.88%	5.56%	-0.63%	64.32%	53.28%	-32.67%	11.74%	-18.22%	-0.89%
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	-3.01%	87.25%	20.63%	2.01%	-0.25%	-9.60%	29.52%	20.96%	-2.85%	12.94%

Correlation

The correlation between XLE and GLTR is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Oct 22, 2010	0.18

The correlation between XLE and GLTR shifts across timeframes, from 0.03 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XLE vs. GLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLE

XLE Risk / Return Rank: 70
XLE Sharpe Ratio Rank: 75
XLE Sortino Ratio Rank: 68
XLE Omega Ratio Rank: 65
XLE Calmar Ratio Rank: 79
XLE Martin Ratio Rank: 64

GLTR

GLTR Risk / Return Rank: 34
GLTR Sharpe Ratio Rank: 37
GLTR Sortino Ratio Rank: 31
GLTR Omega Ratio Rank: 43
GLTR Calmar Ratio Rank: 34
GLTR Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLE vs. GLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR ETF (XLE) and Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). 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.

	XLE	GLTR	Difference
Sharpe ratio: Return per unit of total volatility	2.18	1.19	+0.99
Sortino ratio: Return per unit of downside risk	2.81	1.52	+1.29
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	3.70	1.51	+2.19
Martin ratio: Return relative to average drawdown	10.59	3.41	+7.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLE vs. GLTR - Sharpe Ratio Comparison

The current XLE Sharpe Ratio is 2.18, which is higher than the GLTR Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of XLE and GLTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XLE	GLTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	1.19	+0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.61	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.60	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.31	0.00

Drawdowns

XLE vs. GLTR - Drawdown Comparison

The maximum XLE drawdown since its inception was -71.26%, which is greater than GLTR's maximum drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for XLE and GLTR.

Drawdown Indicators

	XLE	GLTR	Difference
Max Drawdown Largest peak-to-trough decline	-71.26%	-55.70%	-15.56%
Max Drawdown (1Y) Largest decline over 1 year	-12.05%	-30.10%	+18.05%
Max Drawdown (3Y) Largest decline over 3 years	-20.14%	-30.10%	+9.96%
Max Drawdown (5Y) Largest decline over 5 years	-26.04%	-30.10%	+4.06%
Max Drawdown (10Y) Largest decline over 10 years	-66.81%	-30.10%	-36.71%
Current Drawdown Current decline from peak	-6.76%	-30.08%	+23.32%
Average Drawdown Average peak-to-trough decline	-17.98%	-28.83%	+10.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	13.25%	-9.05%

Volatility

XLE vs. GLTR - Volatility Comparison

The current volatility for State Street Energy Select Sector SPDR ETF (XLE) is 7.07%, while Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 9.50%. This indicates that XLE experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLE	GLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	9.50%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	16.58%	35.83%	-19.25%
Volatility (1Y) Calculated over the trailing 1-year period	20.48%	38.04%	-17.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.03%	23.75%	+2.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.58%	20.57%	+9.01%

XLE vs. GLTR - Expense Ratio Comparison

XLE has a 0.08% expense ratio, which is lower than GLTR's 0.60% expense ratio.

Dividends

XLE vs. GLTR - Dividend Comparison

XLE's dividend yield for the trailing twelve months is around 2.56%, while GLTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.56%	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

Can I hold both XLE and GLTR in my portfolio?

XLE and GLTR have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLE or GLTR?

GLTR has higher volatility (9.50%) compared to XLE (7.07%). In terms of maximum drawdown, XLE dropped -71.26% vs GLTR's -55.70%.

Which ETF is better, XLE or GLTR?

On 10-year performance, GLTR leads with 12.31% vs 10.02% for XLE. On fees, XLE is cheaper at 0.08% per year. On volatility, XLE has been the lower-risk option at 7.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XLE or GLTR?

Over the 10-year period, GLTR has performed better with a 12.31% return vs 10.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XLE or GLTR?

XLE is cheaper with a 0.08% expense ratio, compared with 0.60% for GLTR.

Which ETF pays a higher dividend yield, XLE or GLTR?

XLE has the higher dividend yield at 2.56%, compared with 0.00% for GLTR.

What is the main difference between XLE and GLTR?

XLE is categorized as Energy Equities, while GLTR is Precious Metals. XLE tracks Energy Select Sector Index, while GLTR tracks ETFS Physical Precious Metals Basket Index. They also come from different issuers: State Street and Aberdeen. Their fees differ too: 0.08% for XLE and 0.60% for GLTR.

Which has better risk-adjusted returns?

XLE currently has the higher Sharpe Ratio (2.18 vs 1.19), 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.