BCFN vs. XLFI

Last updated Jul 12, 2026

BCFN (Baron Financials ETF) and XLFI (State Street Financial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - BCFN is a Financials Equities fund tracking the Actively Managed, while XLFI is a Derivative Income fund actively managed by State Street. BCFN is passively managed, while XLFI is actively managed. A 0.80 correlation means they provide meaningful diversification when combined. BCFN charges 0.80%/yr vs 0.35%/yr for XLFI.

Performance

BCFN vs. XLFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Financials ETF (BCFN) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCFN achieves a -9.94% return, which is significantly lower than XLFI's 1.39% return.

BCFN

• 1D: 0.35%
• 1M: 6.19%
• 6M: -11.14%
• YTD: -9.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLFI

• 1D: 0.28%
• 1M: 3.02%
• 6M: -0.05%
• YTD: 1.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCFN vs. XLFI - Yearly Performance Comparison

	2026 (YTD)	2025
BCFN Baron Financials ETF	-9.94%	-0.45%
XLFI State Street Financial Select Sector SPDR Premium Income ETF	1.39%	0.97%

Correlation

The correlation between BCFN and XLFI is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.80

Return for Risk

BCFN vs. XLFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Financials ETF (BCFN) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BCFN vs. XLFI - Drawdown Comparison

The maximum BCFN drawdown since its inception was -20.95%, which is greater than XLFI's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for BCFN and XLFI.

Drawdown Indicators

	BCFN	XLFI	Difference
Max Drawdown Largest peak-to-trough decline	-20.95%	-11.89%	-9.06%
Current Drawdown Current decline from peak	-12.18%	-0.32%	-11.86%
Average Drawdown Average peak-to-trough decline	-12.76%	-3.19%	-9.57%

Volatility

Volatility by Period

	BCFN	XLFI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.27%	12.04%	+7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.27%	12.04%	+7.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	12.04%	+7.23%

BCFN vs. XLFI - Expense Ratio Comparison

BCFN has a 0.80% expense ratio, which is higher than XLFI's 0.35% expense ratio.

Dividends

BCFN vs. XLFI - Dividend Comparison

BCFN has not paid dividends to shareholders, while XLFI's dividend yield for the trailing twelve months is around 11.49%.

Position	TTM	2025
BCFN Baron Financials ETF	0.00%	0.00%
XLFI State Street Financial Select Sector SPDR Premium Income ETF	11.49%	5.57%

Frequently Asked Questions

Can I hold both BCFN and XLFI in my portfolio?

BCFN and XLFI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCFN or XLFI?

On fees, XLFI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCFN or XLFI?

XLFI is cheaper with a 0.35% expense ratio, compared with 0.80% for BCFN.

Which ETF pays a higher dividend yield, BCFN or XLFI?

XLFI has the higher dividend yield at 11.49%, compared with 0.00% for BCFN.

What is the main difference between BCFN and XLFI?

BCFN is categorized as Financials Equities, while XLFI is Derivative Income. They also come from different issuers: Baron Capital and State Street. Their fees differ too: 0.80% for BCFN and 0.35% for XLFI.