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

Key characteristics


XLEXOP
YTD Return13.51%13.16%
1Y Return13.30%19.68%
3Y Return (Ann)30.17%28.85%
5Y Return (Ann)12.42%6.38%
10Y Return (Ann)4.11%-5.09%
Sharpe Ratio0.620.74
Daily Std Dev19.25%23.85%
Max Drawdown-71.54%-90.27%
Current Drawdown-3.75%-45.40%

Correlation

-0.50.00.51.00.9

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.

Performance

XLE vs. XOP - Performance Comparison

The year-to-date returns for both stocks are quite close, with XLE having a 13.51% return and XOP slightly lower at 13.16%. Over the past 10 years, XLE has outperformed XOP with an annualized return of 4.11%, while XOP has yielded a comparatively lower -5.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%NovemberDecember2024FebruaryMarchApril
5.43%
2.83%
XLE
XOP

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

SPDR S&P Oil & Gas Exploration & Production ETF

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
0.50%1.00%1.50%2.00%0.35%
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.


XLE
Sharpe ratio
The chart of Sharpe ratio for XLE, currently valued at 0.62, compared to the broader market0.002.004.000.62
Sortino ratio
The chart of Sortino ratio for XLE, currently valued at 0.99, compared to the broader market-2.000.002.004.006.008.0010.000.99
Omega ratio
The chart of Omega ratio for XLE, currently valued at 1.12, compared to the broader market1.001.502.002.501.12
Calmar ratio
The chart of Calmar ratio for XLE, currently valued at 0.71, compared to the broader market0.002.004.006.008.0010.0012.000.71
Martin ratio
The chart of Martin ratio for XLE, currently valued at 1.82, compared to the broader market0.0020.0040.0060.0080.001.82
XOP
Sharpe ratio
The chart of Sharpe ratio for XOP, currently valued at 0.73, compared to the broader market0.002.004.000.74
Sortino ratio
The chart of Sortino ratio for XOP, currently valued at 1.16, compared to the broader market-2.000.002.004.006.008.0010.001.16
Omega ratio
The chart of Omega ratio for XOP, currently valued at 1.14, compared to the broader market1.001.502.002.501.14
Calmar ratio
The chart of Calmar ratio for XOP, currently valued at 0.29, compared to the broader market0.002.004.006.008.0010.0012.000.29
Martin ratio
The chart of Martin ratio for XOP, currently valued at 2.39, compared to the broader market0.0020.0040.0060.0080.002.39

XLE vs. XOP - Sharpe Ratio Comparison

The current XLE Sharpe Ratio is 0.62, which roughly equals the XOP Sharpe Ratio of 0.74. The chart below compares the 12-month rolling Sharpe Ratio of XLE and XOP.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.62
0.74
XLE
XOP

Dividends

XLE vs. XOP - Dividend Comparison

XLE's dividend yield for the trailing twelve months is around 3.09%, more than XOP's 2.21% yield.


TTM20232022202120202019201820172016201520142013
XLE
Energy Select Sector SPDR Fund
3.09%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
2.21%2.63%2.47%1.61%2.34%1.47%0.99%0.76%0.76%2.21%1.40%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%NovemberDecember2024FebruaryMarchApril
-3.75%
-45.40%
XLE
XOP

Volatility

XLE vs. XOP - Volatility Comparison

The current volatility for Energy Select Sector SPDR Fund (XLE) is 3.77%, while SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a volatility of 4.34%. 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2024FebruaryMarchApril
3.77%
4.34%
XLE
XOP