Industrial Select Sector SPDR Fund (XLI) belongs to the Industrials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XLI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XLI
XLI charges 0.08% annually. No ETFs in the Industrials Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Industrials Index ETF | 0.08% | 2.10B | Oct 2013 | XLI vs FIDU | |
| Vanguard Industrials ETF | 0.09% | 8.40B | Sep 2004 | XLI vs VIS | |
| Invesco S&P SmallCap Industrials ETF | 0.29% | 190.67M | Apr 2010 | XLI vs PSCI | |
| Themes US Infrastructure ETF | 0.29% | 3.52M | Sep 2024 | XLI vs HWAY | |
| iShares U.S. Infrastructure ETF | 0.30% | 4.65B | Apr 2018 | XLI vs IFRA |
Best Risk-Adjusted Alternatives to XLI
XLI has a PortfoliosLab risk / return rank of 54. There are 14 ETFs in the Industrials Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Kensho Final Frontiers ETF | 89 | 233.23M | Oct 2018 | XLI vs ROKT | |
| iShares U.S. Manufacturing ETF | 70 | 59.65M | Jul 2024 | XLI vs MADE | |
| iShares U.S. Infrastructure ETF | 67 | 4.65B | Apr 2018 | XLI vs IFRA | |
| First Trust Alerian U.S. NextGen Infrastructure ET... | 67 | 40.41M | Oct 2008 | XLI vs RBLD | |
| Invesco DWA Industrials Momentum ETF | 65 | 463.17M | Oct 2006 | XLI vs PRN |
Top Performing XLI Alternatives (YTD)
XLI is at 19.19% YTD. There are 11 ETFs in the Industrials Equities category with higher YTD returns, going as high as 39.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Kensho Final Frontiers ETF | 39.62% | 233.23M | Oct 2018 | XLI vs ROKT | |
| Invesco DWA Industrials Momentum ETF | 34.70% | 463.17M | Oct 2006 | XLI vs PRN | |
| AdvisorShares HVAC and Industrials ETF | 23.52% | 13.78M | Feb 2025 | XLI vs HVAC | |
| Themes US Infrastructure ETF | 22.98% | 3.52M | Sep 2024 | XLI vs HWAY | |
| iShares U.S. Manufacturing ETF | 22.25% | 59.65M | Jul 2024 | XLI vs MADE |
Lowest Volatility Alternatives to XLI
XLI has 16.53% 1-year volatility. There are 12 ETFs in the Industrials Equities category with lower 1-year volatility, going as low as 10.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares DJ Brookfield Global Infrastructure ETF | 10.57% | 194.81M | Mar 2014 | XLI vs TOLZ | |
| iShares Global Infrastructure ETF | 10.75% | 11.01B | Dec 2007 | XLI vs IGF | |
| Russell Investments Global Infrastructure ETF | 10.82% | — | May 2025 | XLI vs RIFR | |
| State Street Industrial Select Sector SPDR Premium... | 12.14% | 7.62M | Jul 2025 | XLI vs XLII | |
| VanEck Vectors Environmental Services ETF | 13.87% | 101.14M | Oct 2006 | XLI vs EVX |
Lowest Drawdown Alternatives to XLI
XLI has a 1-year max drawdown of -12.21%. There are 13 ETFs in the Industrials Equities category with shallower 1-year drawdowns, going as shallow as -5.18%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares DJ Brookfield Global Infrastructure ETF | -5.18% | 194.81M | Mar 2014 | XLI vs TOLZ | |
| iShares Global Infrastructure ETF | -5.87% | 11.01B | Dec 2007 | XLI vs IGF | |
| Russell Investments Global Infrastructure ETF | -6.80% | — | May 2025 | XLI vs RIFR | |
| First Trust Alerian U.S. NextGen Infrastructure ET... | -7.19% | 40.41M | Oct 2008 | XLI vs RBLD | |
| iShares U.S. Infrastructure ETF | -8.40% | 4.65B | Apr 2018 | XLI vs IFRA |
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 | XLI vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 23 | -4.59% | 129.53B | Nov 2004 | XLI vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 62 | 25.74% | 120.58B | Dec 1998 | XLI 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 | XLI vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 50 | 14.40% | 7.42B | Oct 2015 | XLI vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 39 | 20.68% | 36.43B | Dec 1998 | XLI vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 24 | -4.49% | 27.09B | Jun 2018 | XLI vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 64 | 9.86% | 150.24B | Nov 2005 | XLI vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 33 | 8.63% | 23.45B | Dec 1998 | XLI vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.82% | 46.78B | May 2007 | XLI vs BIL |
Often Compared With XLI
Investors most often compare XLI with PAVE, ITA, AIRR. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare XLI with Any Fund or Stock
Compare XLI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XLI with funds that move differently
Industrial Select Sector SPDR Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XLI.
Explore XLI Diversifiers