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XLE vs. PXE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


XLEPXE
YTD Return14.50%16.93%
1Y Return12.95%30.34%
3Y Return (Ann)30.60%39.56%
5Y Return (Ann)12.51%15.67%
10Y Return (Ann)4.20%2.58%
Sharpe Ratio0.681.28
Daily Std Dev19.27%23.79%
Max Drawdown-71.54%-83.99%
Current Drawdown-2.91%-3.72%

Correlation

-0.50.00.51.00.9

The correlation between XLE and PXE is 0.92, 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

XLE vs. PXE - Performance Comparison

In the year-to-date period, XLE achieves a 14.50% return, which is significantly lower than PXE's 16.93% return. Over the past 10 years, XLE has outperformed PXE with an annualized return of 4.20%, while PXE has yielded a comparatively lower 2.58% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%NovemberDecember2024FebruaryMarchApril
6.36%
8.65%
XLE
PXE

Compare stocks, funds, or ETFs

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


Energy Select Sector SPDR Fund

Invesco Dynamic Energy Exploration & Production ETF

XLE vs. PXE - Expense Ratio Comparison

XLE has a 0.13% expense ratio, which is lower than PXE's 0.63% expense ratio.

PXE
Invesco Dynamic Energy Exploration & Production ETF
0.50%1.00%1.50%2.00%0.63%
0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

XLE vs. PXE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Select Sector SPDR Fund (XLE) and Invesco Dynamic Energy Exploration & Production ETF (PXE). 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
Sharpe ratio
The chart of Sharpe ratio for XLE, currently valued at 0.68, compared to the broader market0.002.004.000.68
Sortino ratio
The chart of Sortino ratio for XLE, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.0010.001.07
Omega ratio
The chart of Omega ratio for XLE, currently valued at 1.13, compared to the broader market1.001.502.002.501.13
Calmar ratio
The chart of Calmar ratio for XLE, currently valued at 0.78, compared to the broader market0.002.004.006.008.0010.0012.000.78
Martin ratio
The chart of Martin ratio for XLE, currently valued at 1.94, compared to the broader market0.0020.0040.0060.0080.001.94
PXE
Sharpe ratio
The chart of Sharpe ratio for PXE, currently valued at 1.28, compared to the broader market0.002.004.001.28
Sortino ratio
The chart of Sortino ratio for PXE, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.0010.001.83
Omega ratio
The chart of Omega ratio for PXE, currently valued at 1.22, compared to the broader market1.001.502.002.501.22
Calmar ratio
The chart of Calmar ratio for PXE, currently valued at 0.99, compared to the broader market0.002.004.006.008.0010.0012.000.99
Martin ratio
The chart of Martin ratio for PXE, currently valued at 4.70, compared to the broader market0.0020.0040.0060.0080.004.70

XLE vs. PXE - Sharpe Ratio Comparison

The current XLE Sharpe Ratio is 0.68, which is lower than the PXE Sharpe Ratio of 1.28. The chart below compares the 12-month rolling Sharpe Ratio of XLE and PXE.


Rolling 12-month Sharpe Ratio0.000.501.001.50NovemberDecember2024FebruaryMarchApril
0.68
1.28
XLE
PXE

Dividends

XLE vs. PXE - Dividend Comparison

XLE's dividend yield for the trailing twelve months is around 3.06%, more than PXE's 2.16% yield.


TTM20232022202120202019201820172016201520142013
XLE
Energy Select Sector SPDR Fund
3.06%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%1.73%
PXE
Invesco Dynamic Energy Exploration & Production ETF
2.16%2.78%3.03%1.86%4.10%1.70%1.29%1.54%6.62%2.58%2.05%1.73%

Drawdowns

XLE vs. PXE - Drawdown Comparison

The maximum XLE drawdown since its inception was -71.54%, smaller than the maximum PXE drawdown of -83.99%. Use the drawdown chart below to compare losses from any high point for XLE and PXE. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-2.91%
-3.72%
XLE
PXE

Volatility

XLE vs. PXE - Volatility Comparison

The current volatility for Energy Select Sector SPDR Fund (XLE) is 3.60%, while Invesco Dynamic Energy Exploration & Production ETF (PXE) has a volatility of 4.34%. This indicates that XLE experiences smaller price fluctuations and is considered to be less risky than PXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2024FebruaryMarchApril
3.60%
4.34%
XLE
PXE