VTEC vs XOP

Comparison between VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF) and STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF (XOP, ETF).

VTEC vs XOP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VTEC(ETF)	XOP(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	0.06%	0.35%
Max Drawdown	5.70%	90.96%
Sharpe Ratio	0.95	0.87
5Y Beta	0.04	0.73
P/E Ratio	N/A	44.88
Forward P/E	N/A	8.86
PEG Ratio	N/A	-0.11
5Y Dividends CAGR	N/A	18.70%
Debt to Equity	N/A	80.56%
P/S Ratio	N/A	0.85
P/B Ratio	N/A	1.61

Net Assets

VTEC

$2.80B

Winner

XOP

$2.90B

Expense Ratio

Winner

VTEC

0.06%

XOP

0.35%

Max Drawdown

Winner

VTEC

5.70%

XOP

90.96%

Sharpe Ratio

Winner

VTEC

0.95

XOP

0.87

5Y Beta

Winner

VTEC

0.04

XOP

0.73

P/E Ratio

VTEC

N/A

XOP

44.88

Forward P/E

VTEC

N/A

XOP

8.86

PEG Ratio

VTEC

N/A

XOP

-0.11

5Y Dividends CAGR

VTEC

N/A

XOP

18.70%

Debt to Equity

VTEC

N/A

XOP

80.56%

P/S Ratio

VTEC

N/A

XOP

0.85

P/B Ratio

VTEC

N/A

XOP

1.61

VTEC vs XOP - Historical Returns

Returns include dividend reinvestment.

Period	VTEC	XOP
1 month	+0.21%	+5.24%
3 months	+0.74%	+1.98%
6 months	+0.65%	+26.82%
1 year	+6.29%	+28.86%
5 years(CAGR)	N/A	+16.40%
10 years(CAGR)	N/A	+3.67%
Max(CAGR)	+2.73%	+2.33%

VTEC

+0.21%

Winner

XOP

+5.24%

VTEC

+0.74%

Winner

XOP

+1.98%

VTEC

+0.65%

Winner

XOP

+26.82%

VTEC

+6.29%

Winner

XOP

+28.86%

5Y(CAGR)

VTEC

N/A

XOP

+16.40%

10Y(CAGR)

VTEC

N/A

XOP

+3.67%

Max(CAGR)

Winner

VTEC

+2.73%

XOP

+2.33%

VTEC vs XOP - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	VTEC	XOP
2026	+1.27%	+29.75%
2025	+3.86%	-3.93%
2024	+1.42%	-1.78%
2023	N/A	+9.68%
2022	N/A	+38.75%
2021	N/A	+65.27%
2020	N/A	-36.21%
2019	N/A	-11.96%
2018	N/A	-30.05%
2017	N/A	-10.74%
2016	N/A	+37.60%
2015	N/A	-36.41%
2014	N/A	-27.94%
2013	N/A	+25.14%
2012	N/A	+0.14%
2011	N/A	-0.10%
2010	N/A	+22.81%
2009	N/A	+31.81%
2008	N/A	-43.66%
2007	N/A	+42.25%
2006	N/A	+10.70%

VTEC vs XOP Drawdown Comparison

The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.

The maximum drawdown for XOP was -90.26%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current VTEC drawdown is -0.49%. The current XOP drawdown is -37.99%.

Rank	VTEC	XOP
#1	-4.50% Dec 2, 2024 - Sep 8, 2025	-90.26% Jun 23, 2014 - Mar 23, 2020
#2	-2.85% Feb 27, 2026 - Mar 27, 2026	-67.72% Jun 23, 2008 - Oct 4, 2013
#3	-2.43% Feb 1, 2024 - Aug 1, 2024	-17.36% Aug 9, 2006 - Nov 29, 2006
#4	-2.13% Oct 1, 2024 - Dec 2, 2024	-15.34% Nov 6, 2007 - Feb 19, 2008
#5	-0.79% Aug 6, 2024 - Sep 5, 2024	-15.17% Jun 18, 2007 - Oct 9, 2007
#6	-0.47% Sep 17, 2025 - Oct 10, 2025	-14.31% Dec 1, 2006 - Apr 4, 2007
#7	-0.44% Nov 26, 2025 - Dec 24, 2025	-11.83% Oct 18, 2013 - Apr 2, 2014
#8	-0.42% Nov 11, 2025 - Nov 26, 2025	-10.18% Feb 28, 2008 - Apr 4, 2008
#9	-0.34% Oct 29, 2025 - Nov 11, 2025	-7.88% Jul 3, 2006 - Jul 26, 2006
#10	-0.31% Jan 14, 2026 - Jan 30, 2026	-6.46% May 20, 2008 - Jun 5, 2008
#11	-0.16% Sep 27, 2024 - Oct 1, 2024	-5.70% Apr 21, 2008 - May 6, 2008
#12	-0.12% Sep 10, 2024 - Sep 13, 2024	-4.79% Apr 24, 2014 - Jun 6, 2014
#13	-0.11% Sep 17, 2024 - Sep 26, 2024	-4.42% Oct 4, 2013 - Oct 11, 2013
#14	-0.10% Sep 8, 2025 - Sep 10, 2025	-4.35% Jun 4, 2007 - Jun 14, 2007
#15	-0.09% Sep 11, 2025 - Sep 15, 2025	-4.33% Oct 18, 2007 - Oct 26, 2007

Correlation

Correlation between VTEC and XOP is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53

-101

Dividend Comparison (2006 - 2026)

VTEC vs XOP dividend yield comparison.

Year	VTEC	XOP
2026	1.55%	0.88%
2025	3.13%	2.62%
2024	2.54%	2.45%
2023	0.00%	2.63%
2022	0.00%	2.47%
2021	0.00%	1.61%
2020	0.00%	2.34%
2019	0.00%	1.47%
2018	0.00%	0.99%
2017	0.00%	0.76%
2016	0.00%	0.76%
2015	0.00%	2.21%
2014	0.00%	1.40%
2013	0.00%	0.84%
2012	0.00%	1.21%
2011	0.00%	1.12%
2010	0.00%	0.37%
2009	0.00%	0.69%
2008	0.00%	0.77%
2007	0.00%	0.21%
2006	0.00%	0.11%