State Street Industrial Select Sector SPDR Premium Income ETF (XLII) Diversifiers

ETF · Currency in USD · Last updated Jul 17, 2026

The State Street Industrial Select Sector SPDR Premium Income ETF is an actively managed fund that seeks current income with the prospect of long-term capital appreciation by investing in the Industrial Select Sector SPDR ETF (XLI) and writing call options on it. The covered-call overlay generates premium income from U.S. industrial sector equities while retaining underlying market exposure.

Looking to diversify beyond XLII? The ETFs below have the lowest correlation with XLII — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from XLII.

Best Diversifiers for XLII

0 ETFs have low correlation with XLII (below 0.3), 0 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
TSMY	YieldMax TSM Option Income Strategy ETF	0.47	—	—	75	Derivative Income	XLII vs TSMY
XRMI	Global X S&P 500 Risk Managed Income ETF	0.56	0.56	—	64	Derivative Income, S&P 500	XLII vs XRMI

Diversification Analysis

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