XLE vs. USO
Compare and contrast key facts about Energy Select Sector SPDR Fund (XLE) and United States Oil Fund LP (USO).
XLE and USO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998. USO is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Light Sweet Crude Oil. It was launched on Apr 10, 2006. Both XLE and USO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLE or USO.
Key characteristics
| XLE | USO | |
|---|---|---|
| YTD Return | 15.77% | 4.65% |
| 1Y Return | 18.13% | 2.50% |
| 3Y Return (Ann) | 22.34% | 7.49% |
| 5Y Return (Ann) | 14.98% | -6.32% |
| 10Y Return (Ann) | 5.03% | -11.10% |
| Sharpe Ratio | 0.89 | -0.08 |
| Sortino Ratio | 1.30 | 0.09 |
| Omega Ratio | 1.16 | 1.01 |
| Calmar Ratio | 1.19 | -0.02 |
| Martin Ratio | 2.77 | -0.28 |
| Ulcer Index | 5.71% | 7.88% |
| Daily Std Dev | 17.79% | 28.29% |
| Max Drawdown | -71.54% | -98.19% |
| Current Drawdown | -1.84% | -92.58% |
Correlation
The correlation between XLE and USO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XLE vs. USO - Performance Comparison
In the year-to-date period, XLE achieves a 15.77% return, which is significantly higher than USO's 4.65% return. Over the past 10 years, XLE has outperformed USO with an annualized return of 5.03%, while USO has yielded a comparatively lower -11.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Risk-Adjusted Performance
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.
Dividends
XLE vs. USO - Dividend Comparison
XLE's dividend yield for the trailing twelve months is around 3.14%, while USO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLE Energy Select Sector SPDR Fund | 3.14% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
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.
Volatility
XLE vs. USO - Volatility Comparison
The current volatility for Energy Select Sector SPDR Fund (XLE) is 4.84%, while United States Oil Fund LP (USO) has a volatility of 9.40%. This indicates that XLE experiences smaller price fluctuations and is considered to be less risky than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.