DFNV vs. XLKI

Last updated Aug 4, 2026

DFNV (TrimTabs Donoghue Forlines Risk Managed Innovation ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. DFNV is passively managed, while XLKI is actively managed. Over the past year, DFNV returned 8.91% vs 26.30% for XLKI. Their 0.50 correlation means their historical movements had little consistent relationship. DFNV charges 0.69%/yr vs 0.35%/yr for XLKI.

Performance

DFNV vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) 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, DFNV achieves a 5.19% return, which is significantly lower than XLKI's 12.19% return.

DFNV

• 1D: 1.41%
• 1M: 3.25%
• 6M: 13.45%
• YTD: 5.19%
• 1Y: 8.91%
• 3Y*: 18.30%
• 5Y*: 8.34%
• 10Y*: —
• ALL TIME*: 10.69%

XLKI

• 1D: 1.38%
• 1M: 0.31%
• 6M: 9.72%
• YTD: 12.19%
• 1Y: 26.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.17%

*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)
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF	$4.83K	$15.31K	$12.56K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$526.89K	$421.64K	$346.32K

DFNV vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF	5.19%	0.11%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.19%	10.02%

Correlation

The correlation between DFNV and XLKI is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.50

DFNV vs. XLKI - Sectors Allocation Comparison

Sectors	DFNV	XLKI
Technology	60.9%	99.2%
Healthcare	16.2%	-
Communication Services	12.0%	0.8%
Consumer Cyclical	9.0%	-
Industrials	1.9%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	99.9%
Real Estate	-	-
Utilities	-	-

Return for Risk

DFNV vs. XLKI — Risk / Return Rank

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

DFNV

DFNV Risk / Return Rank: 20
DFNV Sharpe Ratio Rank: 21
DFNV Sortino Ratio Rank: 21
DFNV Omega Ratio Rank: 21
DFNV Calmar Ratio Rank: 17
DFNV Martin Ratio Rank: 17

XLKI

XLKI Risk / Return Rank: 57
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 50
XLKI Omega Ratio Rank: 53
XLKI Calmar Ratio Rank: 65
XLKI Martin Ratio Rank: 66

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.

DFNV vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) 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.

	DFNV	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	0.47	1.33	-0.86
Sortino ratio: Return per unit of downside risk	0.77	1.84	-1.07
Omega ratio: Gain probability vs. loss probability	1.09	1.25	-0.16
Calmar ratio: Return relative to maximum drawdown	0.42	2.36	-1.94
Martin ratio: Return relative to average drawdown	0.97	8.25	-7.28

DFNV vs. XLKI - Sharpe Ratio Comparison

The current DFNV Sharpe Ratio is 0.47, which is lower than the XLKI Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of DFNV 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

DFNV vs. XLKI - Drawdown Comparison

The maximum DFNV drawdown since its inception was -29.71%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for DFNV and XLKI.

Drawdown Indicators

	DFNV	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-29.71%	-11.21%	-18.50%
Max Drawdown (1Y) Largest decline over 1 year	-21.54%	-11.21%	-10.33%
Max Drawdown (3Y) Largest decline over 3 years	-22.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.71%	—	—
Current Drawdown Current decline from peak	-1.86%	-5.44%	+3.58%
Average Drawdown Average peak-to-trough decline	-9.36%	-2.17%	-7.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	3.20%	+6.05%

Volatility

DFNV vs. XLKI - Volatility Comparison

The current volatility for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) is 5.92%, while State Street Technology Select Sector SPDR Premium Income ETF (XLKI) has a volatility of 8.46%. This indicates that DFNV 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

	DFNV	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	8.46%	-2.54%
Volatility (6M) Calculated over the trailing 6-month period	15.91%	17.52%	-1.61%
Volatility (1Y) Calculated over the trailing 1-year period	19.02%	19.95%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.93%	19.92%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	19.92%	-0.15%

DFNV vs. XLKI - Expense Ratio Comparison

DFNV has a 0.69% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

DFNV vs. XLKI - Dividend Comparison

DFNV's dividend yield for the trailing twelve months is around 0.33%, less than XLKI's 19.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF	0.33%	0.38%	1.28%	0.77%	1.20%	4.77%	0.02%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	19.68%	8.52%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFNV and XLKI in my portfolio?

DFNV and XLKI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFNV or XLKI?

XLKI has higher volatility (8.46%) compared to DFNV (5.92%). In terms of maximum drawdown, DFNV dropped -29.71% vs XLKI's -11.21%.

Which ETF is better, DFNV or XLKI?

On 1-year performance, XLKI leads with 26.30% vs 8.91% for DFNV. On fees, XLKI is cheaper at 0.35% per year. On volatility, DFNV has been the lower-risk option at 5.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFNV or XLKI?

Over the 1-year period, XLKI has performed better with a 26.30% return vs 8.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFNV or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.69% for DFNV.

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

XLKI has the higher dividend yield at 19.68%, compared with 0.33% for DFNV.

What is the main difference between DFNV and XLKI?

They also come from different issuers: TrimTabs and State Street. Their fees differ too: 0.69% for DFNV and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.33 vs 0.47), 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.