PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
XOP vs. XLE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XOP and XLE 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

XOP vs. XLE - 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 Energy Select Sector SPDR Fund (XLE). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%AugustSeptemberOctoberNovemberDecember2025
34.50%
207.18%
XOP
XLE

Key characteristics

Sharpe Ratio

XOP:

0.74

XLE:

1.21

Sortino Ratio

XOP:

1.10

XLE:

1.66

Omega Ratio

XOP:

1.14

XLE:

1.22

Calmar Ratio

XOP:

0.29

XLE:

1.48

Martin Ratio

XOP:

1.49

XLE:

3.32

Ulcer Index

XOP:

10.85%

XLE:

6.41%

Daily Std Dev

XOP:

21.85%

XLE:

17.63%

Max Drawdown

XOP:

-90.27%

XLE:

-71.54%

Current Drawdown

XOP:

-47.51%

XLE:

-2.59%

Returns By Period

The year-to-date returns for both stocks are quite close, with XOP having a 9.88% return and XLE slightly lower at 9.69%. Over the past 10 years, XOP has underperformed XLE with an annualized return of -0.05%, while XLE has yielded a comparatively higher 6.35% annualized return.


XOP

YTD

9.88%

1M

15.18%

6M

0.61%

1Y

16.20%

5Y*

13.00%

10Y*

-0.05%

XLE

YTD

9.69%

1M

12.73%

6M

3.42%

1Y

21.48%

5Y*

14.69%

10Y*

6.35%

*Annualized

Compare stocks, funds, or ETFs

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


XOP vs. XLE - Expense Ratio Comparison

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

XOP vs. XLE — Risk-Adjusted Performance Rank

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

XOP
The Risk-Adjusted Performance Rank of XOP is 2323
Overall Rank
The Sharpe Ratio Rank of XOP is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of XOP is 2727
Sortino Ratio Rank
The Omega Ratio Rank of XOP is 2828
Omega Ratio Rank
The Calmar Ratio Rank of XOP is 1717
Calmar Ratio Rank
The Martin Ratio Rank of XOP is 1818
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 4444
Overall Rank
The Sharpe Ratio Rank of XLE is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 4343
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 4545
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 5252
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XOP vs. XLE - 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 Select Sector SPDR Fund (XLE). 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 XOP, currently valued at 0.74, compared to the broader market0.002.004.000.741.21
The chart of Sortino ratio for XOP, currently valued at 1.10, compared to the broader market0.005.0010.001.101.66
The chart of Omega ratio for XOP, currently valued at 1.14, compared to the broader market1.002.003.001.141.22
The chart of Calmar ratio for XOP, currently valued at 0.29, compared to the broader market0.005.0010.0015.0020.000.291.48
The chart of Martin ratio for XOP, currently valued at 1.49, compared to the broader market0.0020.0040.0060.0080.00100.001.493.32
XOP
XLE

The current XOP Sharpe Ratio is 0.74, which is lower than the XLE Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of XOP and XLE, 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-0.500.000.501.00AugustSeptemberOctoberNovemberDecember2025
0.74
1.21
XOP
XLE

Dividends

XOP vs. XLE - Dividend Comparison

XOP's dividend yield for the trailing twelve months is around 2.23%, less than XLE's 3.06% yield.


TTM20242023202220212020201920182017201620152014
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
2.23%2.45%2.63%2.47%1.61%2.34%1.47%0.99%0.76%0.76%2.21%1.41%
XLE
Energy Select Sector SPDR Fund
3.06%3.36%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%

Drawdowns

XOP vs. XLE - Drawdown Comparison

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


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-47.51%
-2.59%
XOP
XLE

Volatility

XOP vs. XLE - Volatility Comparison

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a higher volatility of 5.68% compared to Energy Select Sector SPDR Fund (XLE) at 4.93%. This indicates that XOP's price experiences larger fluctuations and is considered to be riskier than XLE 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%AugustSeptemberOctoberNovemberDecember2025
5.68%
4.93%
XOP
XLE
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2025 PortfoliosLab