FTWO vs. XLEI

Last updated Jun 4, 2026

FTWO (Strive Natural Resources and Security ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both Energy Equities funds - FTWO tracks the Bloomberg Natural Resources and Security Total Return Index while XLEI tracks the S&P Energy Select Sector. Both are passively managed. At a 0.23 correlation, their price movements are largely independent. FTWO charges 0.49%/yr vs 0.35%/yr for XLEI.

Performance

FTWO vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Natural Resources and Security ETF (FTWO) 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, FTWO achieves a 10.90% return, which is significantly lower than XLEI's 20.42% return.

FTWO

• 1D: -0.94%
• 1M: -1.13%
• YTD: 10.90%
• 6M: 13.58%
• 1Y: 30.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLEI

• 1D: 1.05%
• 1M: 1.40%
• YTD: 20.42%
• 6M: 20.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTWO vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
FTWO Strive Natural Resources and Security ETF	10.90%	11.29%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%

Correlation

The correlation between FTWO and XLEI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.23

FTWO vs. XLEI - Sectors Allocation Comparison

Sectors	FTWO	XLEI
Industrials	32.2%	-
Energy	29.1%	-
Basic Materials	25.9%	-
Utilities	11.7%	-
Consumer Defensive	1.2%	-
Communication Services	-	-
Consumer Cyclical	-	-
Financial Services	-	100.3%
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

FTWO vs. XLEI — Risk / Return Rank

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

FTWO

FTWO Risk / Return Rank: 49
FTWO Sharpe Ratio Rank: 50
FTWO Sortino Ratio Rank: 48
FTWO Omega Ratio Rank: 46
FTWO Calmar Ratio Rank: 55
FTWO Martin Ratio Rank: 44

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.

FTWO vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Natural Resources and Security ETF (FTWO) 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.

	FTWO	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	1.72	—	—
Sortino ratio: Return per unit of downside risk	2.33	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.69	—	—
Martin ratio: Return relative to average drawdown	7.23	—	—
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

	FTWO	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	2.65	-1.34

Drawdowns

FTWO vs. XLEI - Drawdown Comparison

The maximum FTWO drawdown since its inception was -18.17%, which is greater than XLEI's maximum drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for FTWO and XLEI.

Drawdown Indicators

	FTWO	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-18.17%	-7.98%	-10.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.54%	—	—
Current Drawdown Current decline from peak	-9.19%	-0.97%	-8.22%
Average Drawdown Average peak-to-trough decline	-3.43%	-1.52%	-1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	—	—

Volatility

Volatility by Period

	FTWO	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	13.16%	+4.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.23%	13.16%	+6.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.23%	13.16%	+6.07%

FTWO vs. XLEI - Expense Ratio Comparison

FTWO has a 0.49% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

FTWO vs. XLEI - Dividend Comparison

FTWO's dividend yield for the trailing twelve months is around 1.01%, less than XLEI's 16.59% yield.

Position	TTM	2025	2024	2023
FTWO Strive Natural Resources and Security ETF	1.01%	1.02%	1.23%	0.59%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTWO and XLEI in my portfolio?

FTWO and XLEI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTWO 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, FTWO or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.49% for FTWO.

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

XLEI has the higher dividend yield at 16.59%, compared with 1.01% for FTWO.

What is the main difference between FTWO and XLEI?

FTWO tracks Bloomberg Natural Resources and Security Total Return Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: Strive and State Street. Their fees differ too: 0.49% for FTWO and 0.35% for XLEI.