XOP vs. VTI

Last updated Jun 16, 2026

XOP (SPDR S&P Oil & Gas Exploration & Production ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - XOP is a Energy Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, XOP returned 3.15%/yr vs 15.23%/yr for VTI. A 0.56 correlation means they provide meaningful diversification when combined. XOP charges 0.35%/yr vs 0.03%/yr for VTI.

Performance

XOP vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOP achieves a 25.93% return, which is significantly higher than VTI's 11.46% return. Over the past 10 years, XOP has underperformed VTI with an annualized return of 3.15%, while VTI has yielded a comparatively higher 15.23% annualized return.

XOP

• 1D: -4.22%
• 1M: -9.06%
• YTD: 25.93%
• 6M: 23.31%
• 1Y: 22.12%
• 3Y*: 10.05%
• 5Y*: 12.85%
• 10Y*: 3.15%

VTI

• 1D: 1.68%
• 1M: 2.70%
• YTD: 11.46%
• 6M: 11.76%
• 1Y: 28.40%
• 3Y*: 20.94%
• 5Y*: 12.71%
• 10Y*: 15.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XOP vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XOP SPDR S&P Oil & Gas Exploration & Production ETF	25.93%	-2.15%	-1.00%	3.56%	45.37%	66.74%	-36.40%	-9.44%	-28.10%	-9.47%
VTI Vanguard Total Stock Market ETF	11.46%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between XOP and VTI is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006	0.56

The correlation between XOP and VTI shifts across timeframes, from -0.09 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

XOP vs. VTI - Sectors Allocation Comparison

Sectors	XOP	VTI
Energy	96.8%	3.8%
Basic Materials	3.2%	2.0%
Communication Services	-	10.1%
Consumer Cyclical	-	9.8%
Consumer Defensive	-	4.7%
Financial Services	-	11.9%
Healthcare	-	9.1%
Industrials	-	9.5%
Real Estate	-	2.4%
Technology	-	33.3%
Utilities	-	2.7%

Return for Risk

XOP vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XOP

XOP Risk / Return Rank: 26
XOP Sharpe Ratio Rank: 24
XOP Sortino Ratio Rank: 23
XOP Omega Ratio Rank: 23
XOP Calmar Ratio Rank: 31
XOP Martin Ratio Rank: 28

VTI

VTI Risk / Return Rank: 77
VTI Sharpe Ratio Rank: 79
VTI Sortino Ratio Rank: 77
VTI Omega Ratio Rank: 78
VTI Calmar Ratio Rank: 70
VTI Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XOP vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Vanguard Total Stock Market ETF (VTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XOP	VTI	Difference
Sharpe ratio: Return per unit of total volatility	0.79	2.25	-1.46
Sortino ratio: Return per unit of downside risk	1.18	3.04	-1.85
Omega ratio: Gain probability vs. loss probability	1.14	1.41	-0.26
Calmar ratio: Return relative to maximum drawdown	1.40	3.20	-1.80
Martin ratio: Return relative to average drawdown	3.53	14.35	-10.81

XOP vs. VTI - Sharpe Ratio Comparison

The current XOP Sharpe Ratio is 0.79, which is lower than the VTI Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of XOP and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XOP vs. VTI - Drawdown Comparison

The maximum XOP drawdown since its inception was -90.27%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for XOP and VTI.

Drawdown Indicators

	XOP	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-90.27%	-55.45%	-34.82%
Max Drawdown (1Y) Largest decline over 1 year	-15.85%	-8.92%	-6.93%
Max Drawdown (3Y) Largest decline over 3 years	-34.98%	-19.30%	-15.68%
Max Drawdown (5Y) Largest decline over 5 years	-34.98%	-25.36%	-9.62%
Max Drawdown (10Y) Largest decline over 10 years	-82.61%	-35.00%	-47.61%
Current Drawdown Current decline from peak	-41.14%	-0.49%	-40.65%
Average Drawdown Average peak-to-trough decline	-42.58%	-8.02%	-34.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.28%	1.98%	+4.30%

Volatility

XOP vs. VTI - Volatility Comparison

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a higher volatility of 9.98% compared to Vanguard Total Stock Market ETF (VTI) at 4.74%. This indicates that XOP's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XOP	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.98%	4.74%	+5.24%
Volatility (6M) Calculated over the trailing 6-month period	22.50%	9.94%	+12.56%
Volatility (1Y) Calculated over the trailing 1-year period	28.29%	12.69%	+15.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.01%	17.49%	+16.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.30%	18.34%	+21.96%

XOP vs. VTI - Expense Ratio Comparison

XOP has a 0.35% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

XOP vs. VTI - Dividend Comparison

XOP's dividend yield for the trailing twelve months is around 2.05%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
XOP SPDR S&P Oil & Gas Exploration & Production ETF	2.05%	2.62%	2.45%	2.63%	2.47%	1.61%	2.34%	1.47%	0.99%	0.76%	0.76%	2.21%

Frequently Asked Questions

Can I hold both XOP and VTI in my portfolio?

XOP and VTI have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XOP or VTI?

XOP has higher volatility (9.98%) compared to VTI (4.74%). In terms of maximum drawdown, XOP dropped -90.27% vs VTI's -55.45%.

Which ETF is better, XOP or VTI?

On 10-year performance, VTI leads with 15.23% vs 3.15% for XOP. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 4.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XOP or VTI?

Over the 10-year period, VTI has performed better with a 15.23% return vs 3.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XOP or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for XOP.

Which ETF pays a higher dividend yield, XOP or VTI?

XOP has the higher dividend yield at 2.05%, compared with 1.01% for VTI.

What is the main difference between XOP and VTI?

XOP is categorized as Energy Equities, while VTI is Large Cap Blend Equities. XOP tracks S&P Oil & Gas Exploration & Production Select Industry, while VTI tracks CRSP US Total Market Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.35% for XOP and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.25 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.