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

Correlation

The correlation between XLE and XOP 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.


-0.50.00.51.00.9

Performance

XLE vs. XOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Select Sector SPDR Fund (XLE) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
194.32%
24.78%
XLE
XOP

Key characteristics

Sharpe Ratio

XLE:

0.84

XOP:

0.29

Sortino Ratio

XLE:

1.22

XOP:

0.54

Omega Ratio

XLE:

1.15

XOP:

1.07

Calmar Ratio

XLE:

1.12

XOP:

0.12

Martin Ratio

XLE:

2.61

XOP:

0.65

Ulcer Index

XLE:

5.72%

XOP:

9.89%

Daily Std Dev

XLE:

17.87%

XOP:

22.18%

Max Drawdown

XLE:

-71.54%

XOP:

-90.27%

Current Drawdown

XLE:

-6.43%

XOP:

-51.30%

Returns By Period

In the year-to-date period, XLE achieves a 11.23% return, which is significantly higher than XOP's 0.93% return. Over the past 10 years, XLE has outperformed XOP with an annualized return of 5.64%, while XOP has yielded a comparatively lower -1.46% annualized return.


XLE

YTD

11.23%

1M

-2.71%

6M

2.80%

1Y

15.74%

5Y (annualized)

14.20%

10Y (annualized)

5.64%

XOP

YTD

0.93%

1M

-2.93%

6M

-5.64%

1Y

6.52%

5Y (annualized)

12.58%

10Y (annualized)

-1.46%

Compare stocks, funds, or ETFs

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


XLE vs. XOP - Expense Ratio Comparison

XLE has a 0.13% expense ratio, which is lower than XOP's 0.35% expense ratio.


XOP
SPDR S&P Oil & Gas Exploration & Production ETF
Expense ratio chart for XOP: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for XLE: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

XLE vs. XOP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Select Sector SPDR Fund (XLE) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). 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.


Sharpe ratio
The chart of Sharpe ratio for XLE, currently valued at 0.84, compared to the broader market0.002.004.000.840.29
The chart of Sortino ratio for XLE, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.0012.001.220.54
The chart of Omega ratio for XLE, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.07
The chart of Calmar ratio for XLE, currently valued at 1.12, compared to the broader market0.005.0010.0015.001.120.12
The chart of Martin ratio for XLE, currently valued at 2.61, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.610.65
XLE
XOP

The current XLE Sharpe Ratio is 0.84, which is higher than the XOP Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of XLE and XOP, 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.84
0.29
XLE
XOP

Dividends

XLE vs. XOP - Dividend Comparison

XLE's dividend yield for the trailing twelve months is around 3.27%, more than XOP's 2.55% yield.


TTM20232022202120202019201820172016201520142013
XLE
Energy Select Sector SPDR Fund
3.27%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%1.73%
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
2.55%2.63%2.47%1.61%2.34%1.47%0.99%0.76%0.76%2.21%1.41%0.84%

Drawdowns

XLE vs. XOP - Drawdown Comparison

The maximum XLE drawdown since its inception was -71.54%, smaller than the maximum XOP drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for XLE and XOP. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.43%
-51.30%
XLE
XOP

Volatility

XLE vs. XOP - Volatility Comparison

The current volatility for Energy Select Sector SPDR Fund (XLE) is 4.57%, while SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a volatility of 6.13%. This indicates that XLE experiences smaller price fluctuations and is considered to be less risky than XOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.57%
6.13%
XLE
XOP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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