XES vs JTNY

Comparison between STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF (XES, ETF) and JPMorgan New York Tax Free Bond ETF (JTNY, ETF).

XES vs JTNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XES(ETF)	JTNY(ETF)
Net Assets	$467M	$463M
Expense Ratio	0.35%	0.34%
Max Drawdown	96.13%	1.44%
Sharpe Ratio	1.97	-5.01
5Y Beta	1.21	0.05
P/E Ratio	2.58	N/A
Forward P/E	16.35	N/A
5Y Dividends CAGR	8.97%	N/A
Debt to Equity	57.12%	N/A
P/S Ratio	1.44	N/A
P/B Ratio	1.88	N/A

Net Assets

Winner

XES

$467M

JTNY

$463M

Expense Ratio

XES

0.35%

Winner

JTNY

0.34%

Max Drawdown

XES

96.13%

Winner

JTNY

1.44%

Sharpe Ratio

Winner

XES

1.97

JTNY

-5.01

5Y Beta

XES

1.21

Winner

JTNY

0.05

P/E Ratio

XES

2.58

JTNY

N/A

Forward P/E

XES

16.35

JTNY

N/A

5Y Dividends CAGR

XES

8.97%

JTNY

N/A

Debt to Equity

XES

57.12%

JTNY

N/A

P/S Ratio

XES

1.44

JTNY

N/A

P/B Ratio

XES

1.88

JTNY

N/A

XES vs JTNY - Historical Returns

Returns include dividend reinvestment.

Period	XES	JTNY
1 month	-0.03%	-1.03%
3 months	-2.72%	N/A
6 months	+20.45%	N/A
1 year	+82.57%	N/A
5 years(CAGR)	+17.04%	N/A
10 years(CAGR)	-3.37%	N/A
Max(CAGR)	-3.39%	-7.98%

Winner

XES

-0.03%

JTNY

-1.03%

XES

-2.72%

JTNY

N/A

XES

+20.45%

JTNY

N/A

XES

+82.57%

JTNY

N/A

5Y(CAGR)

XES

+17.04%

JTNY

N/A

10Y(CAGR)

XES

-3.37%

JTNY

N/A

Max(CAGR)

Winner

XES

-3.39%

JTNY

-7.98%

XES vs JTNY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	XES	JTNY
2026	+35.66%	-0.82%
2025	+3.14%	N/A
2024	-4.25%	N/A
2023	+13.12%	N/A
2022	+51.13%	N/A
2021	+10.31%	N/A
2020	-43.49%	N/A
2019	-11.19%	N/A
2018	-47.99%	N/A
2017	-23.97%	N/A
2016	+26.40%	N/A
2015	-37.08%	N/A
2014	-33.64%	N/A
2013	+23.60%	N/A
2012	-3.16%	N/A
2011	-5.35%	N/A
2010	+25.70%	N/A
2009	+57.07%	N/A
2008	-58.54%	N/A
2007	+45.43%	N/A
2006	+4.12%	N/A

XES vs JTNY Drawdown Comparison

The maximum drawdown for XES was -95.65%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for JTNY was -1.15%, occurring on Jul 21, 2026. This drawdown has not yet recovered.

The current XES drawdown is -72.82%. The current JTNY drawdown is -1.15%.

Rank	XES	JTNY
#1	-95.65% Jun 23, 2008 - Mar 18, 2020	-1.15% Jun 29, 2026 - Jul 21, 2026
#2	-20.51% Jul 3, 2006 - Dec 14, 2006	-0.23% Jun 18, 2026 - Jun 26, 2026
#3	-17.98% Jan 3, 2008 - Apr 14, 2008	-0.17% Jun 16, 2026 - Jun 18, 2026
#4	-15.62% Dec 14, 2006 - Mar 26, 2007	N/A
#5	-13.81% Jul 23, 2007 - Sep 19, 2007	N/A
#6	-12.31% Oct 15, 2007 - Jan 3, 2008	N/A
#7	-6.47% Apr 21, 2008 - May 8, 2008	N/A
#8	-4.97% May 20, 2008 - Jun 9, 2008	N/A
#9	-4.70% Jun 4, 2007 - Jun 14, 2007	N/A
#10	-3.68% Jun 9, 2008 - Jun 17, 2008	N/A
#11	-3.66% Apr 16, 2007 - Apr 25, 2007	N/A
#12	-3.59% May 21, 2007 - Jun 4, 2007	N/A
#13	-3.51% Jun 22, 2007 - Jul 6, 2007	N/A
#14	-3.28% Sep 21, 2007 - Oct 10, 2007	N/A
#15	-2.65% Jul 12, 2007 - Jul 19, 2007	N/A

Correlation

Correlation between XES and JTNY is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101

Dividend Comparison (2006 - 2026)

XES vs JTNY dividend yield comparison.

Year	XES	JTNY
2026	0.55%	0.30%
2025	1.69%	0.00%
2024	1.32%	0.00%
2023	0.66%	0.00%
2022	0.36%	0.00%
2021	1.81%	0.00%
2020	1.33%	0.00%
2019	1.43%	0.00%
2018	1.14%	0.00%
2017	1.68%	0.00%
2016	0.64%	0.00%
2015	2.47%	0.00%
2014	1.59%	0.00%
2013	0.63%	0.00%
2012	0.73%	0.00%
2011	0.29%	0.00%
2010	0.86%	0.00%
2009	0.62%	0.00%
2008	1.05%	0.00%
2007	0.47%	0.00%
2006	0.05%	0.00%