COPX vs XLB: returns, Sharpe ratio and drawdown

Over the past year, COPX returned +28.36% against +14.52% for XLB. Over five years, COPX averaged +16.59% a year, compared with +3.68% for XLB. COPX had the higher Sharpe ratio over the past year (0.68 vs 0.61), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -12.38% for XLB and -27.82% for COPX.