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XLE vs. ARKG

Energy Select Sector SPDR Fund

XLE
$--
vs

ARK Genomic Revolution ETF

ARKG
$--

Correlation

0.31
XLEEnergy Select Sector SPDR Fund
ARKGARK Genomic Revolution ETF

What is XLE?

The Energy Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Energy Select Sector Index (ticker: IXE).

Snapshot
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XLE Energy Select Sector SPDR Fund
ARKG ARK Genomic Revolution ETF
Inception date
Dec 16 1998
Oct 31 2014
Expense ratio
0.10%
0.75%
XLE has a lower expense ratio than ARKG by 0.65%. This can indicate that it’s cheaper to invest in XLE than ARKG.
Type
US Equities
Global Equities
XLE targets investing in US Equities, while ARKG targets investing in Global Equities.
Fund owner
State Street (SPDR)
ARK Funds
XLE is managed by State Street (SPDR), while ARKG is managed by ARK Funds.
Volume (1m avg. daily)
$1,678,169,867
$36,384,198
Both XLE and ARKG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$38,180,414,875
$1,743,388,571
XLE has more assets under management than ARKG by $36,437,026,304. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Energy Select Sector Index
None
XLE is based off of the S&P Energy Select Sector Index, while ARKG is based off of the undefined
Inverse/Leveraged
No
No
XLE and ARKG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Active
XLE uses a Passive investing strategy, while ARKG uses a Active investing strategy.
Dividend
No
No
XLE and ARKG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither XLE nor ARKG require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toXLE

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toARKG

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.