BNGE vs. XLKI

Last updated Aug 6, 2026

BNGE (First Trust S-Network Streaming and Gaming ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. BNGE is passively managed, while XLKI is actively managed. Over the past year, BNGE returned -16.48% vs 29.71% for XLKI. Their 0.44 correlation means their historical movements had little consistent relationship. BNGE charges 0.70%/yr vs 0.35%/yr for XLKI.

Performance

BNGE vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Streaming and Gaming ETF (BNGE) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNGE achieves a -16.13% return, which is significantly lower than XLKI's 16.50% return.

BNGE

• 1D: -1.16%
• 1M: -0.74%
• 6M: -4.84%
• YTD: -16.13%
• 1Y: -16.48%
• 3Y*: 12.35%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.35%

XLKI

• 1D: 0.02%
• 1M: 2.43%
• 6M: 19.16%
• YTD: 16.50%
• 1Y: 29.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.69%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNGE First Trust S-Network Streaming and Gaming ETF	$11.55K	$38.53K	$25.93K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$510.69K	$410.73K	$346.82K

BNGE vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
BNGE First Trust S-Network Streaming and Gaming ETF	-16.13%	1.11%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	16.50%	10.02%

Correlation

The correlation between BNGE and XLKI is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.43
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.44

BNGE vs. XLKI - Sectors Allocation Comparison

Sectors	BNGE	XLKI
Communication Services	64.6%	0.8%
Consumer Cyclical	27.9%	-
Technology	7.5%	99.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	99.9%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BNGE vs. XLKI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BNGE

BNGE Risk / Return Rank: 3
BNGE Sharpe Ratio Rank: 2
BNGE Sortino Ratio Rank: 3
BNGE Omega Ratio Rank: 3
BNGE Calmar Ratio Rank: 4
BNGE Martin Ratio Rank: 4

XLKI

XLKI Risk / Return Rank: 58
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 50
XLKI Omega Ratio Rank: 54
XLKI Calmar Ratio Rank: 67
XLKI Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BNGE vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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.

	BNGE	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	1.48	-2.39
Sortino ratio: Return per unit of downside risk	-1.21	2.04	-3.25
Omega ratio: Gain probability vs. loss probability	0.86	1.28	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.59	2.66	-3.25
Martin ratio: Return relative to average drawdown	-0.97	9.31	-10.27

BNGE vs. XLKI - Sharpe Ratio Comparison

The current BNGE Sharpe Ratio is -0.91, which is lower than the XLKI Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of BNGE and XLKI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BNGE vs. XLKI - Drawdown Comparison

The maximum BNGE drawdown since its inception was -40.54%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for BNGE and XLKI.

Drawdown Indicators

	BNGE	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-40.54%	-11.21%	-29.33%
Max Drawdown (1Y) Largest decline over 1 year	-27.88%	-11.21%	-16.67%
Max Drawdown (3Y) Largest decline over 3 years	-27.88%	—	—
Current Drawdown Current decline from peak	-22.72%	-1.81%	-20.91%
Average Drawdown Average peak-to-trough decline	-14.18%	-2.17%	-12.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.05%	3.20%	+13.85%

Volatility

BNGE vs. XLKI - Volatility Comparison

The current volatility for First Trust S-Network Streaming and Gaming ETF (BNGE) is 5.66%, while State Street Technology Select Sector SPDR Premium Income ETF (XLKI) has a volatility of 8.74%. This indicates that BNGE experiences smaller price fluctuations and is considered to be less risky than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNGE	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	8.74%	-3.08%
Volatility (6M) Calculated over the trailing 6-month period	14.12%	17.77%	-3.65%
Volatility (1Y) Calculated over the trailing 1-year period	18.10%	20.18%	-2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.94%	20.18%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.94%	20.18%	+4.76%

BNGE vs. XLKI - Expense Ratio Comparison

BNGE has a 0.70% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

BNGE vs. XLKI - Dividend Comparison

BNGE's dividend yield for the trailing twelve months is around 0.38%, less than XLKI's 18.95% yield.

Position	TTM	2025	2024	2023	2022
BNGE First Trust S-Network Streaming and Gaming ETF	0.38%	0.89%	0.01%	0.81%	0.59%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	18.95%	8.52%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BNGE and XLKI in my portfolio?

BNGE and XLKI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNGE or XLKI?

XLKI has higher volatility (8.74%) compared to BNGE (5.66%). In terms of maximum drawdown, BNGE dropped -40.54% vs XLKI's -11.21%.

Which ETF is better, BNGE or XLKI?

On 1-year performance, XLKI leads with 29.71% vs -16.48% for BNGE. On fees, XLKI is cheaper at 0.35% per year. On volatility, BNGE has been the lower-risk option at 5.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BNGE or XLKI?

Over the 1-year period, XLKI has performed better with a 29.71% return vs -16.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BNGE or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.70% for BNGE.

Which ETF pays a higher dividend yield, BNGE or XLKI?

XLKI has the higher dividend yield at 18.95%, compared with 0.38% for BNGE.

What is the main difference between BNGE and XLKI?

They also come from different issuers: First Trust and State Street. Their fees differ too: 0.70% for BNGE and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.48 vs -0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.