EVX vs. XLII

Last updated Jun 4, 2026

EVX (VanEck Vectors Environmental Services ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - EVX is a Industrials Equities fund tracking the NYSE Arca Environmental Services Index, while XLII is a Derivative Income fund actively managed by State Street. EVX is passively managed, while XLII is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. EVX charges 0.55%/yr vs 0.35%/yr for XLII.

Performance

EVX vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Environmental Services ETF (EVX) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVX achieves a 2.99% return, which is significantly lower than XLII's 6.73% return.

EVX

• 1D: 1.54%
• 1M: -0.67%
• YTD: 2.99%
• 6M: 2.46%
• 1Y: 5.22%
• 3Y*: 10.41%
• 5Y*: 7.13%
• 10Y*: 12.03%

XLII

• 1D: -0.15%
• 1M: 2.45%
• YTD: 6.73%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVX vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
EVX VanEck Vectors Environmental Services ETF	2.99%	-1.05%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	6.73%	6.62%

Correlation

The correlation between EVX and XLII is 0.70, 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 31, 2025	0.70

EVX vs. XLII - Sectors Allocation Comparison

Sectors	EVX	XLII
Industrials	85.2%	-
Basic Materials	7.5%	-
Consumer Defensive	5.1%	-
Utilities	2.2%	-
Communication Services	-	-
Consumer Cyclical	-	-
Financial Services	-	100.3%
Healthcare	-	-
Real Estate	-	-
Technology	-	-
Energy	-0.0%	-

Return for Risk

EVX vs. XLII — Risk / Return Rank

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

EVX

EVX Risk / Return Rank: 14
EVX Sharpe Ratio Rank: 14
EVX Sortino Ratio Rank: 13
EVX Omega Ratio Rank: 13
EVX Calmar Ratio Rank: 15
EVX Martin Ratio Rank: 14

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.

EVX vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Environmental Services ETF (EVX) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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.

	EVX	XLII	Difference
Sharpe ratio: Return per unit of total volatility	0.39	—	—
Sortino ratio: Return per unit of downside risk	0.63	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.48	—	—
Martin ratio: Return relative to average drawdown	1.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EVX	XLII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	1.44	-1.01

Drawdowns

EVX vs. XLII - Drawdown Comparison

The maximum EVX drawdown since its inception was -55.91%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for EVX and XLII.

Drawdown Indicators

	EVX	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-55.91%	-10.10%	-45.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.01%	—	—
Current Drawdown Current decline from peak	-6.96%	-0.36%	-6.60%
Average Drawdown Average peak-to-trough decline	-8.76%	-1.34%	-7.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	—	—

Volatility

Volatility by Period

	EVX	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	11.55%	+2.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.60%	11.55%	+6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	11.55%	+8.70%

EVX vs. XLII - Expense Ratio Comparison

EVX has a 0.55% expense ratio, which is higher than XLII's 0.35% expense ratio.

Dividends

EVX vs. XLII - Dividend Comparison

EVX's dividend yield for the trailing twelve months is around 0.18%, less than XLII's 11.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVX VanEck Vectors Environmental Services ETF	0.18%	0.19%	0.46%	0.95%	0.41%	0.24%	0.32%	0.38%	0.38%	0.89%	0.70%	1.16%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.29%	5.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EVX and XLII in my portfolio?

EVX and XLII have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EVX or XLII?

On fees, XLII 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, EVX or XLII?

XLII is cheaper with a 0.35% expense ratio, compared with 0.55% for EVX.

Which ETF pays a higher dividend yield, EVX or XLII?

XLII has the higher dividend yield at 11.29%, compared with 0.18% for EVX.

What is the main difference between EVX and XLII?

EVX is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: VanEck and State Street. Their fees differ too: 0.55% for EVX and 0.35% for XLII.