DABS vs. XLEI

Last updated Jul 15, 2026

DABS (DoubleLine Asset-Backed Securities ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both exchange-traded funds - DABS is a Nontraditional Bonds fund actively managed by DoubleLine, while XLEI is a Energy Equities fund tracking the S&P Energy Select Sector. DABS is actively managed, while XLEI is passively managed. At a correlation of -0.21, they often move in opposite directions. DABS charges 0.40%/yr vs 0.35%/yr for XLEI.

Performance

DABS vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Asset-Backed Securities ETF (DABS) 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, DABS achieves a 1.56% return, which is significantly lower than XLEI's 19.54% return.

DABS

• 1D: 0.18%
• 1M: 0.44%
• 6M: 1.46%
• YTD: 1.56%
• 1Y: 5.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLEI

• 1D: 0.65%
• 1M: 0.08%
• 6M: 16.44%
• YTD: 19.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DABS vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
DABS DoubleLine Asset-Backed Securities ETF	1.56%	2.94%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	19.54%	6.17%

Correlation

The correlation between DABS and XLEI is -0.21, 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	-0.21

Return for Risk

DABS vs. XLEI — Risk / Return Rank

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

DABS

DABS Risk / Return Rank: 86
DABS Sharpe Ratio Rank: 83
DABS Sortino Ratio Rank: 88
DABS Omega Ratio Rank: 87
DABS Calmar Ratio Rank: 88
DABS Martin Ratio Rank: 85

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.

DABS vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Asset-Backed Securities ETF (DABS) 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.

	DABS	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	2.10	—	—
Sortino ratio: Return per unit of downside risk	3.23	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.99	—	—
Martin ratio: Return relative to average drawdown	13.72	—	—

Drawdowns

DABS vs. XLEI - Drawdown Comparison

The maximum DABS drawdown since its inception was -1.47%, smaller than the maximum XLEI drawdown of -8.19%. Use the drawdown chart below to compare losses from any high point for DABS and XLEI.

Drawdown Indicators

	DABS	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	-8.19%	+6.72%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	—	—
Current Drawdown Current decline from peak	-0.14%	-1.69%	+1.55%
Average Drawdown Average peak-to-trough decline	-0.30%	-1.90%	+1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	—	—

Volatility

Volatility by Period

	DABS	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.46%	14.13%	-11.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.55%	14.13%	-11.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.55%	14.13%	-11.58%

DABS vs. XLEI - Expense Ratio Comparison

DABS has a 0.40% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

DABS vs. XLEI - Dividend Comparison

DABS's dividend yield for the trailing twelve months is around 4.86%, less than XLEI's 19.14% yield.

Position	TTM	2025
DABS DoubleLine Asset-Backed Securities ETF	4.86%	3.81%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	19.14%	10.17%

Frequently Asked Questions

Can I hold both DABS and XLEI in my portfolio?

DABS and XLEI have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DABS or XLEI?

On fees, XLEI 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, DABS or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.40% for DABS.

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

XLEI has the higher dividend yield at 19.14%, compared with 4.86% for DABS.

What is the main difference between DABS and XLEI?

DABS is categorized as Nontraditional Bonds, while XLEI is Energy Equities. They also come from different issuers: DoubleLine and State Street. Their fees differ too: 0.40% for DABS and 0.35% for XLEI.