CLOD vs. XLKI

Last updated Jul 14, 2026

CLOD (Themes Cloud Computing ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. CLOD is passively managed, while XLKI is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

CLOD vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Cloud Computing ETF (CLOD) 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, CLOD achieves a -2.97% return, which is significantly lower than XLKI's 12.68% return.

CLOD

• 1D: -0.00%
• 1M: 2.61%
• 6M: -3.86%
• YTD: -2.97%
• 1Y: -4.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLKI

• 1D: -2.14%
• 1M: -0.38%
• 6M: 11.52%
• YTD: 12.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOD vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
CLOD Themes Cloud Computing ETF	-2.97%	-5.65%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.68%	10.02%

Correlation

The correlation between CLOD and XLKI is 0.57, 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 Jul 30, 2025	0.57

CLOD vs. XLKI - Sectors Allocation Comparison

Sectors	CLOD	XLKI
Technology	82.0%	99.0%
Communication Services	7.9%	1.0%
Consumer Cyclical	7.1%	-
Industrials	1.4%	-
Financial Services	0.6%	98.0%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CLOD vs. XLKI — Risk / Return Rank

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

CLOD

CLOD Risk / Return Rank: 7
CLOD Sharpe Ratio Rank: 7
CLOD Sortino Ratio Rank: 7
CLOD Omega Ratio Rank: 7
CLOD Calmar Ratio Rank: 8
CLOD Martin Ratio Rank: 8

XLKI

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.

CLOD vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Cloud Computing ETF (CLOD) 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.

	CLOD	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	—	—
Sortino ratio: Return per unit of downside risk	-0.09	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.16	—	—
Martin ratio: Return relative to average drawdown	-0.32	—	—

Drawdowns

CLOD vs. XLKI - Drawdown Comparison

The maximum CLOD drawdown since its inception was -31.36%, which is greater than XLKI's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for CLOD and XLKI.

Drawdown Indicators

	CLOD	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-31.36%	-10.24%	-21.12%
Max Drawdown (1Y) Largest decline over 1 year	-31.36%	—	—
Current Drawdown Current decline from peak	-12.43%	-5.03%	-7.40%
Average Drawdown Average peak-to-trough decline	-7.74%	-1.90%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.97%	—	—

Volatility

Volatility by Period

	CLOD	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.00%	19.19%	+6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.54%	19.19%	+5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.54%	19.19%	+5.35%

CLOD vs. XLKI - Expense Ratio Comparison

Both CLOD and XLKI have an expense ratio of 0.35%.

Dividends

CLOD vs. XLKI - Dividend Comparison

CLOD's dividend yield for the trailing twelve months is around 1.51%, less than XLKI's 17.59% yield.

Position	TTM	2025
CLOD Themes Cloud Computing ETF	1.51%	1.47%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.59%	8.52%

Frequently Asked Questions

Can I hold both CLOD and XLKI in my portfolio?

CLOD and XLKI have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLOD or XLKI?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLOD or XLKI?

CLOD and XLKI have the same expense ratio: 0.35% per year.

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

XLKI has the higher dividend yield at 17.59%, compared with 1.51% for CLOD.

What is the main difference between CLOD and XLKI?

They also come from different issuers: Themes and State Street.