The Energy Select Sector Fund fund is an exchange traded fund (ETF) within the SPDR family. 3 other funds in our database have a greater than 99% correlation with XLE.

Within the SPDR family of funds, the most positively correlated other funds are MSCI EM Beyond BRIC, Materials Select Sector Fund, MSCI Canada Quality Mix, MSCI Australia Quality Mix, S&P 500 Buyback.

Outside of the SPDR family, the most positively correlated other funds are iShares - U.S. Energy ETF, Vanguard Mutual Funds - Energy Index Admiral Shares, Vanguard - Energy, PowerShares - DWA Energy Momentum Portfolio, PowerShares - Dynamic Energy Exploration & Production Portfolio.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to SPDR's Energy Select Sector Fund fund.
99.9% IYE iShares U.S. Energy ETF
99.8% VENAX Vanguard Mutual Funds Energy Index Admiral Shares
99.6% VDE Vanguard Energy

Performance for the previous 2 years


Positively Correlated SPDR ETFs
EMBB SPDR MSCI EM Beyond BRIC 95.6%
XLB SPDR Materials Select Sector Fund 94.9%
QCAN SPDR MSCI Canada Quality Mix 94.8%
QAUS SPDR MSCI Australia Quality Mix 94.1%
SPYB SPDR S&P 500 Buyback 92.2%
Negatively Correlated SPDR funds
KME SPDR S&P Mortgage Finance -76.9%
SYG SPDR MFS Systematic Growth Equity -68.1%
SYE SPDR MFS Systematic Core Equity -61.2%
VRD SPDR Nuveen S&P VRDO Municipal Bond -53.5%
SYV SPDR MFS Systematic Value Equity -44.2%

Positively Correlated Non-SPDR funds
IYE iShares U.S. Energy ETF 99.9%
VENAX Vanguard Mutual Funds Energy Index Admiral Shares 99.8%
VDE Vanguard Energy 99.6%
PXI PowerShares DWA Energy Momentum Portfolio 98.2%
PXE PowerShares Dynamic Energy Exploration & Production Portfolio 98.0%
Negatively Correlated Non-SPDR funds
IBMH iShares iBonds® Sep 2019 AMT-Free Muni Bond ETF -81.8%
IBDF iShares iBonds® Dec 2016 Corporate ETF -81.3%
IBMI iShares iBonds® Sep 2020 AMT-Free Muni Bond ETF -79.8%
IBDH iShares iBonds® Dec 2018 Corporate ETF -76.4%
NEAR iShares Short Maturity Bond ETF -69.6%

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