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DRLL vs XLE

Strive U.S. Energy ETF

DRLLCNYSE

State Street Energy Select Sector SPDR ETF

XLEANYSE Arca

Overlap

59.0%by weight

Expense ratio

XLE −0.33pt a year

DRLL0.41%XLE0.08%

Avg volume · 30D

XLE 2052.6×the volume

DRLL14.7KXLE30.2M

3Y return · a year

XLE +1.4pt

DRLL+20.4%XLE+21.8%

DRLL vs XLE Performance

Oct 31, 2025 – Oct 30, 2026

+65.3%DRLL+63.4%XLE

Oct 31, 2025 to Oct 30, 2026. DRLL +65.3%. XLE +63.4%. Use the arrow keys to read each point.0%10%20%30%40%50%Oct 2025Apr 2026Oct 2026
Expense ratio
DRLL 0.41%
XLE 0.08%, better
Fund size
DRLL $347M
XLE $45.3B
1Y total return
DRLL +65.3%, better
XLE +63.4%
Yield (12M)
DRLL 1.84%
XLE 2.18%, better
Holdings
DRLL 36
XLE 24
Avg volume (30D)
DRLL 14.7K sh
XLE 30.2M sh, better
NAV per share
DRLL $45.91
XLE $68.72
52W range

ETF.net Grade

DRLL: Cost 54, Risk 33, Mission 77, Tradability 30, Holdings 37, Durability 51. XLE: Cost 98, Risk 54, Mission not scored, Tradability 97, Holdings 37, Durability 88.
Pillar letters and Scores for DRLL, XLE, with each pillar’s weight
PillarDRLLXLE
Cost30% weightC54A98Higher
Mission25% weightA77Not scored
Risk15% weightD33C54Higher
Tradability15% weightD30A97Higher
Holdings10% weightD37D37
Durability5% weightC51A88Higher

Rank among Energy (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DRLL and XLE are both graded against the same 24 Energy (Broad) funds, so their Grades compare head to head.

Energy (Broad)⁠

Category · 24 funds
See all 24 ›

XLE ranks 1st and DRLL 16th of 24 funds in the Energy (Broad) Category.

  1. Rank 1AXLEState Street Energy Select Sector SPDR ETFScore 80
  2. Rank 2AFENYFidelity MSCI Energy Index ETFScore 77
  3. Rank 15CEMLPFirst Trust North American Energy Infrastructure FundScore 43
  4. Rank 16CDRLLStrive U.S. Energy ETFScore 42
  5. Rank 16CPIPEInvesco SteelPath MLP & Energy Infrastructure ETFScore 42

Our read on each fund

ETF.net Research

DRLLCStrive U.S. Energy ETF

XLEAState Street Energy Select Sector SPDR ETF

In short

DRLL A challenger take on US energy: roughly 40 US-listed energy stocks in one 2022-vintage fund, priced just under the typical energy ETF but well above the index giants it lines up against.

XLE The 1998 original and still the default way to trade US energy: XLE holds only the oil, gas and oilfield services names inside the S&P 500, capped-weighted, for 0.08% a year.

Stated mandate

DRLL The Fund seeks to track, before fees and expenses, the total return of an index made up of U.S.-listed equities in the energy sector.

XLE The fund seeks to provide investment results that generally track the price and yield performance of the Energy Select Sector Index before expenses.

Why people hold it

  • DRLL Straight-ahead mandate: US-listed energy equities against a named capped energy index, and the portfolio has hugged that mandate rather than drifting into adjacent sectors.
  • At 0.41%, it prices under the 0.45% median for energy sector funds.
  • About 40 US-listed names keeps it a concentrated energy portfolio, not a diluted global sleeve.
  • Distributions run on a quarterly schedule.
  • XLE 0.08% a year against a 0.45% median for broad energy funds. It ties the cheapest in its group (FENY) and undercuts VDE.
  • Launched December 1998 as one of the first sector ETFs. Today a multi-billion-dollar fund and one of the most heavily traded in its category.
  • Clean pure play: oil, gas and consumable fuels plus energy equipment and services drawn from the S&P 500. No utilities riding along.ssga.com
  • Pays quarterly, and a deep listed options market sits around it for hedging or covered-call work.barchart.com

Worth knowing

  • DRLL The fee gap is the trade-off: XLE and FENY charge 0.08% and VDE 0.09% for broad US energy, a fraction of DRLL's 0.41%.
  • Thinly traded next to the category's giants, so spreads and limit orders carry more weight, especially on bigger tickets.
  • One sector, one country. It rides the oil and gas cycle with no bonds or foreign names in the mix to soften the ride.
  • XLE A short roster by design, with the integrated majors carrying most of the weight. The index caps weights at each quarterly rebalance so no single stock runs away.spglobal.comssga.com
  • Large-cap US only. Small caps, midstream partnerships and overseas majors sit outside the mandate; FENY and VDE cast a wider net.ssga.com
  • One sector tied to one commodity complex: results move with crude and gas prices, in wider swings than a diversified index.ssga.com

Full DRLL profile⁠

Full XLE profile⁠

DRLL vs XLE Holdings

How DRLL and XLE differ

Overlap by weight

59.0%

Shared holdings make up 83.2% of DRLL and 60.1% of XLE.

Level by level

  • Holdings13 in both59.0%
  • Sector2 Sectors99.3%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

Sector weights in DRLL and XLE, widest gap first
SectorMore in DRLLMore in XLE
EnergyXLE +0.7 points
Consumer DiscretionaryDRLL +0.7 points

Country, concentration and asset class

Country by domicile

Country weights in DRLL and XLE, widest gap first
CountryMore in DRLLMore in XLE
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • DRLL77.4%
  • XLE78.4%

Securities held

  • DRLL36
  • XLE22

Asset class

DRLL
Equity
XLE
Equity

Holdings

  • Only in DRLL23
  • In both13
  • Only in XLE9

Only in DRLL

23 securities, 16.8% of DRLL by weight

  • Permian Resources Corp1.98%
  • Ovintiv Inc1.88%
  • HF Sinclair Corp1.71%

Only in XLE

9 securities, 39.7% of XLE by weight

  • Chevron Corp18.34%
  • Williams Cos Inc4.24%
  • Slb Ltd3.82%

Weight gaps

All 13 Holdings in both funds, largest gap first.

Holding weights in DRLL and XLE, widest gap first
HoldingMore in DRLLMore in XLE
ExxonMobil Holdings CorpXOMDRLL +5.31 points
Devon Energy CorpDVNDRLL +2.93 points
Occidental Petroleum CorpOXYDRLL +2.22 points
Diamondback Energy IncFANGDRLL +2.12 points
Marathon Petroleum CorpMPCDRLL +1.79 points
Valero Energy CorpVLODRLL +1.78 points
EOG Resources IncEOGDRLL +1.68 points
EQT CorpEQTDRLL +1.64 points

All 41 DRLL holdings⁠All 21 XLE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DRLL vs XLE Cost

Overpaying DRLL vs XLE

$6,592

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DRLL 0.41%

    $8,281

  • XLE 0.08%

    $1,689

$10,000
30 years

Cost over time

  • DRLL 0.41%
  • XLE 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530DRLL $8,281XLE $1,689

Year by year

YearDRLLXLEOverpaying
10$741$147$594
20$2,860$575$2,285
30$8,281$1,689$6,592

Expense ratio

  • 0.41%DRLL
  • 0.08%XLE, cheaper
  • Middle half of Energy (Broad) funds
  • Median 0.46%

XLE cheapest of 24 funds

DRLL 11th cheapest of 24 funds

DRLL vs XLE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DRLL 1.84%
XLE 2.18%, better
Payout (12M)
DRLL $0.84
XLE $1.52
Last payment
DRLL $0.21
XLE $0.38
Ex-dividend
DRLL Sep 28, 2026
XLE Sep 21, 2026
Paid on
DRLL Sep 30, 2026
XLE Sep 23, 2026
Frequency
DRLL Quarterly
XLE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DRLLQuarterly · 16 paymentsAll DRLL payments⁠
One bar per payment. 16 payments from 2017 to 2026 YTD. Dec 29, 2022 $0.35; Mar 29, 2023 $0.23; Jun 28, 2023 $0.20; Sep 27, 2023 $0.19; Dec 20, 2023 $0.23; Mar 26, 2024 $0.21; Jun 27, 2024 $0.20; Sep 27, 2024 $0.21; Dec 30, 2024 $0.19; Mar 28, 2025 $0.20; Jun 27, 2025 $0.22; Sep 29, 2025 $0.23; Dec 11, 2025 $0.21; Mar 30, 2026 $0.22; Jun 29, 2026 $0.21; Sep 28, 2026 $0.21. Use the arrow keys to read each point.$0$12017202020232026YTD
XLEQuarterly · 40 paymentsAll XLE payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.21; Jun 16, 2017 $0.22; Sep 15, 2017 $0.43; Dec 15, 2017 $0.23; Mar 16, 2018 $0.24; Jun 15, 2018 $0.26; Sep 21, 2018 $0.26; Dec 21, 2018 $0.27; Mar 15, 2019 $0.26; Jun 21, 2019 $0.29; Sep 20, 2019 $0.28; Dec 20, 2019 $0.30; Dec 30, 2019 $0.90; Mar 23, 2020 $0.28; Jun 22, 2020 $0.25; Sep 21, 2020 $0.27; Dec 21, 2020 $0.26; Mar 22, 2021 $0.26; Jun 21, 2021 $0.27; Sep 20, 2021 $0.30; Dec 20, 2021 $0.35; Mar 21, 2022 $0.35; Jun 21, 2022 $0.41; Sep 19, 2022 $0.42; Dec 19, 2022 $0.43; Mar 20, 2023 $0.40; Jun 20, 2023 $0.35; Sep 18, 2023 $0.34; Dec 18, 2023 $0.40; Mar 18, 2024 $0.37; Jun 24, 2024 $0.36; Sep 23, 2024 $0.36; Dec 23, 2024 $0.35; Mar 24, 2025 $0.36; Jun 23, 2025 $0.36; Sep 22, 2025 $0.37; Dec 22, 2025 $0.37; Mar 23, 2026 $0.39; Jun 22, 2026 $0.38; Sep 21, 2026 $0.38. Use the arrow keys to read each point.$0$12017202020232026YTD

DRLL vs XLE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DRLL 22.4%XLE 21.3%, better
Return per unit of riskSharpe ratio, 3 years
DRLL 0.74XLE 0.82, better
Worst fallMax drawdown, 5 years
DRLL −23.7%since Aug 2022XLE −26.1%
Market sensitivityBeta, 5 years
DRLL −0.09XLE −0.02

DRLL and XLE in the news

All news⁠

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