State Street Financial Select Sector SPDR Premium Income ETF (XLFI) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XLFI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XLFI
XLFI charges 0.35% annually. There are 11 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 28.26M | Nov 2024 | XLFI vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.12M | Sep 2024 | XLFI vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 307.07M | Mar 2024 | XLFI vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | XLFI vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 751.17M | Jul 2024 | XLFI vs QQA |
Best Risk-Adjusted Alternatives to XLFI
Among 167 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | XLFI vs THTA | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.11B | Apr 2025 | XLFI vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 93 | 413.17M | Sep 2023 | XLFI vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 240.18M | Jul 2023 | XLFI vs GOOY | |
| First Trust Nasdaq BuyWrite Income ETF | 90 | 904.92M | Jan 2014 | XLFI vs FTQI |
Top Performing XLFI Alternatives (YTD)
XLFI is at 1.06% YTD. There are 152 ETFs in the Derivative Income category with higher YTD returns, going as high as 228.85%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 228.85% | 22.82M | Oct 2025 | XLFI vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 174.56% | 109.34M | Jul 2025 | XLFI vs AMDW | |
| YieldMax MRNA Option Income Strategy ETF | 117.77% | 118.18M | Oct 2023 | XLFI vs MRNY | |
| YieldMax AMD Option Income Strategy ETF | 104.78% | 413.17M | Sep 2023 | XLFI vs AMDY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 74.91% | 1.11B | Apr 2025 | XLFI vs CHPY |
Lowest Volatility Alternatives to XLFI
XLFI has 12.05% 1-year volatility. There are 72 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.92% | 470.81M | Oct 2022 | XLFI vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.91% | 90.87M | Feb 2025 | XLFI vs HYTI | |
| GraniteShares YieldBOOST Financials ETF | 4.45% | — | May 2026 | XLFI vs FINY | |
| Main Buywrite ETF | 4.85% | 1.23B | Dec 2015 | XLFI vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.15% | 293.75M | Feb 2025 | XLFI vs LQTI |
Lowest Drawdown Alternatives to XLFI
Among 167 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 470.81M | Oct 2022 | XLFI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.87M | Feb 2025 | XLFI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | XLFI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | XLFI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | XLFI vs OMAH |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $772B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 63 | 9.80% | 772.08B | Jan 1993 | XLFI vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 23 | -4.59% | 129.53B | Nov 2004 | XLFI vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 62 | 25.74% | 120.58B | Dec 1998 | XLFI vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 45 | 10.12% | 51.28B | Sep 2000 | XLFI vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 50 | 14.40% | 7.42B | Oct 2015 | XLFI vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 39 | 20.68% | 36.43B | Dec 1998 | XLFI vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 24 | -4.49% | 27.09B | Jun 2018 | XLFI vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 64 | 9.86% | 150.24B | Nov 2005 | XLFI vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 33 | 8.63% | 23.45B | Dec 1998 | XLFI vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.82% | 46.78B | May 2007 | XLFI vs BIL |
Compare XLFI with Any Fund or Stock
Compare XLFI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XLFI with funds that move differently
State Street Financial Select Sector SPDR Premium Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XLFI.
Explore XLFI Diversifiers