EVX vs. XLII

Last updated Aug 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. Over the past year, EVX returned 7.55% vs 22.47% for XLII. Their 0.69 correlation means they have sometimes moved together and sometimes differently. 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 7.03% return, which is significantly lower than XLII's 13.54% return.

EVX

• 1D: 1.11%
• 1M: -0.84%
• 6M: 0.37%
• YTD: 7.03%
• 1Y: 7.55%
• 3Y*: 9.41%
• 5Y*: 7.57%
• 10Y*: 11.96%
• ALL TIME*: 9.30%

XLII

• 1D: 1.46%
• 1M: 0.97%
• 6M: 9.62%
• YTD: 13.54%
• 1Y: 22.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.46%

*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)
EVX VanEck Vectors Environmental Services ETF	$224.72K	$207.86K	$298.95K
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$466.82K	$338.40K	$220.17K

EVX vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
EVX VanEck Vectors Environmental Services ETF	7.03%	-2.06%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	13.54%	6.30%

Correlation

The correlation between EVX and XLII is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.69

The correlation between EVX and XLII has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.

EVX vs. XLII - Sectors Allocation Comparison

Sectors	EVX	XLII
Industrials	86.5%	93.8%
Basic Materials	8.2%	-
Consumer Defensive	3.9%	-
Utilities	1.4%	-
Communication Services	-	-
Consumer Cyclical	-	0.3%
Financial Services	-	100.8%
Healthcare	-	-
Real Estate	-	-
Technology	-	5.9%
Energy	-0.0%	-

Return for Risk

EVX vs. XLII — Risk / Return Rank

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

EVX

EVX Risk / Return Rank: 23
EVX Sharpe Ratio Rank: 24
EVX Sortino Ratio Rank: 23
EVX Omega Ratio Rank: 22
EVX Calmar Ratio Rank: 23
EVX Martin Ratio Rank: 22

XLII

XLII Risk / Return Rank: 70
XLII Sharpe Ratio Rank: 73
XLII Sortino Ratio Rank: 73
XLII Omega Ratio Rank: 74
XLII Calmar Ratio Rank: 58
XLII Martin Ratio Rank: 74

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.

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.

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.

	EVX	XLII	Difference
Sharpe ratio: Return per unit of total volatility	0.54	1.84	-1.30
Sortino ratio: Return per unit of downside risk	0.85	2.60	-1.74
Omega ratio: Gain probability vs. loss probability	1.10	1.34	-0.24
Calmar ratio: Return relative to maximum drawdown	0.70	2.23	-1.54
Martin ratio: Return relative to average drawdown	1.54	10.06	-8.52

EVX vs. XLII - Sharpe Ratio Comparison

The current EVX Sharpe Ratio is 0.54, which is lower than the XLII Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of EVX and XLII, 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

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%	-10.10%	-0.75%
Max Drawdown (3Y) Largest decline over 3 years	-17.36%	—	—
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	-3.31%	0.00%	-3.31%
Average Drawdown Average peak-to-trough decline	-8.72%	-1.27%	-7.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	2.24%	+2.67%

Volatility

EVX vs. XLII - Volatility Comparison

The current volatility for VanEck Vectors Environmental Services ETF (EVX) is 3.57%, while State Street Industrial Select Sector SPDR Premium Income ETF (XLII) has a volatility of 4.09%. This indicates that EVX experiences smaller price fluctuations and is considered to be less risky than XLII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVX	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.57%	4.09%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	10.09%	10.53%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	12.30%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.59%	12.29%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	12.29%	+7.95%

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 0.17%, less than XLII's 13.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVX VanEck Vectors Environmental Services ETF	0.17%	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	13.20%	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 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVX or XLII?

XLII has higher volatility (4.09%) compared to EVX (3.57%). In terms of maximum drawdown, EVX dropped -55.91% vs XLII's -10.10%.

Which ETF is better, EVX or XLII?

On 1-year performance, XLII leads with 22.47% vs 7.55% for EVX. On fees, XLII is cheaper at 0.35% per year. On volatility, EVX has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EVX or XLII?

Over the 1-year period, XLII has performed better with a 22.47% return vs 7.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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 13.20%, compared with 0.17% 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.

Which has better risk-adjusted returns?

XLII currently has the higher Sharpe Ratio (1.84 vs 0.54), 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.