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

Correlation

The correlation between XLE and USO is 0.30, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

XLE vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Select Sector SPDR Fund (XLE) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
152.73%
-87.42%
XLE
USO

Key characteristics

Sharpe Ratio

XLE:

-0.43

USO:

-0.44

Sortino Ratio

XLE:

-0.42

USO:

-0.44

Omega Ratio

XLE:

0.94

USO:

0.95

Calmar Ratio

XLE:

-0.54

USO:

-0.14

Martin Ratio

XLE:

-1.45

USO:

-1.28

Ulcer Index

XLE:

7.48%

USO:

10.23%

Daily Std Dev

XLE:

25.08%

USO:

29.86%

Max Drawdown

XLE:

-71.54%

USO:

-98.19%

Current Drawdown

XLE:

-13.76%

USO:

-92.72%

Returns By Period

In the year-to-date period, XLE achieves a -2.89% return, which is significantly higher than USO's -9.38% return. Over the past 10 years, XLE has outperformed USO with an annualized return of 4.11%, while USO has yielded a comparatively lower -7.93% annualized return.


XLE

YTD

-2.89%

1M

-11.47%

6M

-6.59%

1Y

-11.37%

5Y*

24.07%

10Y*

4.11%

USO

YTD

-9.38%

1M

-8.50%

6M

-6.30%

1Y

-14.04%

5Y*

27.30%

10Y*

-7.93%

*Annualized

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XLE vs. USO - Expense Ratio Comparison

XLE has a 0.13% expense ratio, which is lower than USO's 0.79% expense ratio.


Expense ratio chart for USO: current value is 0.79%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
USO: 0.79%
Expense ratio chart for XLE: current value is 0.13%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLE: 0.13%

Risk-Adjusted Performance

XLE vs. USO — Risk-Adjusted Performance Rank

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

XLE
The Risk-Adjusted Performance Rank of XLE is 55
Overall Rank
The Sharpe Ratio Rank of XLE is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 77
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 66
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 22
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 33
Martin Ratio Rank

USO
The Risk-Adjusted Performance Rank of USO is 77
Overall Rank
The Sharpe Ratio Rank of USO is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of USO is 77
Sortino Ratio Rank
The Omega Ratio Rank of USO is 77
Omega Ratio Rank
The Calmar Ratio Rank of USO is 1313
Calmar Ratio Rank
The Martin Ratio Rank of USO is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XLE vs. USO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Select Sector SPDR Fund (XLE) and United States Oil Fund LP (USO). 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.


The chart of Sharpe ratio for XLE, currently valued at -0.43, compared to the broader market-1.000.001.002.003.004.00
XLE: -0.43
USO: -0.44
The chart of Sortino ratio for XLE, currently valued at -0.42, compared to the broader market-2.000.002.004.006.008.00
XLE: -0.42
USO: -0.44
The chart of Omega ratio for XLE, currently valued at 0.94, compared to the broader market0.501.001.502.00
XLE: 0.94
USO: 0.95
The chart of Calmar ratio for XLE, currently valued at -0.54, compared to the broader market0.002.004.006.008.0010.0012.00
XLE: -0.54
USO: -0.14
The chart of Martin ratio for XLE, currently valued at -1.45, compared to the broader market0.0020.0040.0060.00
XLE: -1.45
USO: -1.28

The current XLE Sharpe Ratio is -0.43, which is comparable to the USO Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of XLE and USO, 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-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.43
-0.44
XLE
USO

Dividends

XLE vs. USO - Dividend Comparison

XLE's dividend yield for the trailing twelve months is around 3.46%, while USO has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
XLE
Energy Select Sector SPDR Fund
3.46%3.36%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%
USO
United States Oil Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

XLE vs. USO - Drawdown Comparison

The maximum XLE drawdown since its inception was -71.54%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for XLE and USO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.76%
-92.72%
XLE
USO

Volatility

XLE vs. USO - Volatility Comparison

Energy Select Sector SPDR Fund (XLE) has a higher volatility of 17.48% compared to United States Oil Fund LP (USO) at 14.50%. This indicates that XLE's price experiences larger fluctuations and is considered to be riskier than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
17.48%
14.50%
XLE
USO