XME vs. VOO
Compare and contrast key facts about SPDR S&P Metals & Mining ETF (XME) and Vanguard S&P 500 ETF (VOO).
XME and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XME is a passively managed fund by State Street that tracks the performance of the S&P Metals & Mining Select Industry Index. It was launched on Jun 19, 2006. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both XME and VOO 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: XME or VOO.
Key characteristics
| XME | VOO | |
|---|---|---|
| YTD Return | 12.37% | 26.88% |
| 1Y Return | 36.60% | 37.59% |
| 3Y Return (Ann) | 13.63% | 10.23% |
| 5Y Return (Ann) | 21.62% | 15.93% |
| 10Y Return (Ann) | 8.20% | 13.41% |
| Sharpe Ratio | 1.40 | 3.06 |
| Sortino Ratio | 1.99 | 4.08 |
| Omega Ratio | 1.25 | 1.58 |
| Calmar Ratio | 1.05 | 4.43 |
| Martin Ratio | 5.61 | 20.25 |
| Ulcer Index | 6.50% | 1.85% |
| Daily Std Dev | 26.13% | 12.23% |
| Max Drawdown | -85.94% | -33.99% |
| Current Drawdown | -11.06% | -0.30% |
Correlation
The correlation between XME and VOO is 0.61, 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
XME vs. VOO - Performance Comparison
In the year-to-date period, XME achieves a 12.37% return, which is significantly lower than VOO's 26.88% return. Over the past 10 years, XME has underperformed VOO with an annualized return of 8.20%, while VOO has yielded a comparatively higher 13.41% 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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XME vs. VOO - Expense Ratio Comparison
XME has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
XME vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Metals & Mining ETF (XME) and Vanguard S&P 500 ETF (VOO). 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
XME vs. VOO - Dividend Comparison
XME's dividend yield for the trailing twelve months is around 0.60%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XME SPDR S&P Metals & Mining ETF | 0.60% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% | 2.21% | 1.32% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
XME vs. VOO - Drawdown Comparison
The maximum XME drawdown since its inception was -85.94%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for XME and VOO. For additional features, visit the drawdowns tool.
Volatility
XME vs. VOO - Volatility Comparison
SPDR S&P Metals & Mining ETF (XME) has a higher volatility of 9.94% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that XME's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.