XOP vs. ET
Compare and contrast key facts about SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Energy Transfer LP (ET).
XOP is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Exploration & Production Select Industry. It was launched on Jun 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XOP or ET.
Key characteristics
| XOP | ET | |
|---|---|---|
| YTD Return | 5.03% | 34.32% |
| 1Y Return | 3.09% | 39.27% |
| 3Y Return (Ann) | 12.40% | 34.21% |
| 5Y Return (Ann) | 12.73% | 18.46% |
| 10Y Return (Ann) | -3.47% | 2.29% |
| Sharpe Ratio | 0.22 | 2.57 |
| Sortino Ratio | 0.44 | 3.66 |
| Omega Ratio | 1.05 | 1.46 |
| Calmar Ratio | 0.09 | 1.75 |
| Martin Ratio | 0.50 | 21.17 |
| Ulcer Index | 9.65% | 1.91% |
| Daily Std Dev | 22.20% | 15.79% |
| Max Drawdown | -90.27% | -87.81% |
| Current Drawdown | -49.32% | -1.16% |
Correlation
The correlation between XOP and ET is 0.54, 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
XOP vs. ET - Performance Comparison
In the year-to-date period, XOP achieves a 5.03% return, which is significantly lower than ET's 34.32% return. Over the past 10 years, XOP has underperformed ET with an annualized return of -3.47%, while ET has yielded a comparatively higher 2.29% 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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Risk-Adjusted Performance
XOP vs. ET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Energy Transfer LP (ET). 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
XOP vs. ET - Dividend Comparison
XOP's dividend yield for the trailing twelve months is around 2.45%, less than ET's 7.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XOP SPDR S&P Oil & Gas Exploration & Production ETF | 2.45% | 2.63% | 2.47% | 1.61% | 2.34% | 1.47% | 0.99% | 0.76% | 0.76% | 2.21% | 1.41% | 0.84% |
ET Energy Transfer LP | 7.46% | 8.96% | 7.33% | 7.44% | 17.28% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
Drawdowns
XOP vs. ET - Drawdown Comparison
The maximum XOP drawdown since its inception was -90.27%, roughly equal to the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for XOP and ET. For additional features, visit the drawdowns tool.
Volatility
XOP vs. ET - Volatility Comparison
SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a higher volatility of 6.77% compared to Energy Transfer LP (ET) at 4.25%. This indicates that XOP's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.