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

Correlation

The correlation between XOP and XLE is 0.57, 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. 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.

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Key characteristics

Sharpe Ratio

XOP:

-0.47

XLE:

-0.26

Sortino Ratio

XOP:

-0.49

XLE:

-0.22

Omega Ratio

XOP:

0.93

XLE:

0.97

Calmar Ratio

XOP:

-0.25

XLE:

-0.36

Martin Ratio

XOP:

-1.29

XLE:

-0.93

Ulcer Index

XOP:

12.41%

XLE:

7.74%

Daily Std Dev

XOP:

32.52%

XLE:

25.31%

Max Drawdown

XOP:

-90.27%

XLE:

-71.54%

Current Drawdown

XOP:

-55.44%

XLE:

-13.60%

Returns By Period

In the year-to-date period, XOP achieves a -6.73% return, which is significantly lower than XLE's -2.70% return. Over the past 10 years, XOP has underperformed XLE with an annualized return of -2.92%, while XLE has yielded a comparatively higher 4.58% annualized return.


XOP

YTD

-6.73%

1M

8.26%

6M

-14.30%

1Y

-15.26%

3Y*

-5.45%

5Y*

21.22%

10Y*

-2.92%

XLE

YTD

-2.70%

1M

0.38%

6M

-11.74%

1Y

-6.51%

3Y*

1.36%

5Y*

21.15%

10Y*

4.58%

*Annualized

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XOP vs. XLE - Expense Ratio Comparison

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


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

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 55
Overall Rank
The Sharpe Ratio Rank of XOP is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of XOP is 55
Sortino Ratio Rank
The Omega Ratio Rank of XOP is 55
Omega Ratio Rank
The Calmar Ratio Rank of XOP is 77
Calmar Ratio Rank
The Martin Ratio Rank of XOP is 22
Martin Ratio Rank

XLE
The Risk-Adjusted Performance Rank of XLE is 88
Overall Rank
The Sharpe Ratio Rank of XLE is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of XLE is 1010
Sortino Ratio Rank
The Omega Ratio Rank of XLE is 99
Omega Ratio Rank
The Calmar Ratio Rank of XLE is 44
Calmar Ratio Rank
The Martin Ratio Rank of XLE is 66
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.


The current XOP Sharpe Ratio is -0.47, which is lower than the XLE Sharpe Ratio of -0.26. 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.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

XOP vs. XLE - Dividend Comparison

XOP's dividend yield for the trailing twelve months is around 2.64%, less than XLE's 3.46% yield.


TTM20242023202220212020201920182017201620152014
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
2.64%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
3.46%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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

XOP vs. XLE - Volatility Comparison

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has a higher volatility of 8.18% compared to Energy Select Sector SPDR Fund (XLE) at 5.84%. 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.


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