BSMU vs. XLEI

Last updated Jul 12, 2026

BSMU (Invesco BulletShares 2030 Municipal Bond ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both exchange-traded funds - BSMU is a Municipal Bonds fund tracking the Invesco Bulletshares Municipal Bond 2030 Index, while XLEI is a Energy Equities fund tracking the S&P Energy Select Sector. Both are passively managed. At a correlation of -0.25, they often move in opposite directions. BSMU charges 0.18%/yr vs 0.35%/yr for XLEI.

Performance

BSMU vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2030 Municipal Bond ETF (BSMU) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSMU achieves a 0.75% return, which is significantly lower than XLEI's 16.48% return.

BSMU

• 1D: 0.09%
• 1M: 0.17%
• 6M: 0.22%
• YTD: 0.75%
• 1Y: 4.28%
• 3Y*: 2.87%
• 5Y*: -0.83%
• 10Y*: —

XLEI

• 1D: 0.20%
• 1M: -2.48%
• 6M: 13.81%
• YTD: 16.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSMU vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
BSMU Invesco BulletShares 2030 Municipal Bond ETF	0.75%	3.49%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.48%	6.17%

Correlation

The correlation between BSMU and XLEI is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.25

Return for Risk

BSMU vs. XLEI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSMU

BSMU Risk / Return Rank: 68
BSMU Sharpe Ratio Rank: 76
BSMU Sortino Ratio Rank: 82
BSMU Omega Ratio Rank: 85
BSMU Calmar Ratio Rank: 50
BSMU Martin Ratio Rank: 44

XLEI

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSMU vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Municipal Bond ETF (BSMU) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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.

	BSMU	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	1.99	—	—
Martin ratio: Return relative to average drawdown	5.73	—	—

Drawdowns

BSMU vs. XLEI - Drawdown Comparison

The maximum BSMU drawdown since its inception was -19.48%, which is greater than XLEI's maximum drawdown of -8.19%. Use the drawdown chart below to compare losses from any high point for BSMU and XLEI.

Drawdown Indicators

	BSMU	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-19.48%	-8.19%	-11.29%
Max Drawdown (1Y) Largest decline over 1 year	-2.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.48%	—	—
Current Drawdown Current decline from peak	-4.65%	-4.21%	-0.44%
Average Drawdown Average peak-to-trough decline	-8.13%	-1.90%	-6.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	—	—

Volatility

Volatility by Period

	BSMU	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.11%	14.04%	-11.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.81%	14.04%	-9.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.81%	14.04%	-9.23%

BSMU vs. XLEI - Expense Ratio Comparison

BSMU has a 0.18% expense ratio, which is lower than XLEI's 0.35% expense ratio.

Dividends

BSMU vs. XLEI - Dividend Comparison

BSMU's dividend yield for the trailing twelve months is around 2.79%, less than XLEI's 19.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BSMU Invesco BulletShares 2030 Municipal Bond ETF	2.79%	2.82%	2.92%	2.66%	2.16%	1.60%	0.28%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	19.64%	10.17%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSMU and XLEI in my portfolio?

BSMU and XLEI have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSMU or XLEI?

On fees, BSMU is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSMU or XLEI?

BSMU is cheaper with a 0.18% expense ratio, compared with 0.35% for XLEI.

Which ETF pays a higher dividend yield, BSMU or XLEI?

XLEI has the higher dividend yield at 19.64%, compared with 2.79% for BSMU.

What is the main difference between BSMU and XLEI?

BSMU is categorized as Municipal Bonds, while XLEI is Energy Equities. BSMU tracks Invesco Bulletshares Municipal Bond 2030 Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.18% for BSMU and 0.35% for XLEI.