GPRF vs. XLEI

Last updated Jun 4, 2026

GPRF (Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both exchange-traded funds - GPRF is a Preferred Stock/Convertible Bonds fund tracking the FTSE Goldman Sachs US Preferred Stock and Hybrids Index, while XLEI is a Energy Equities fund tracking the S&P Energy Select Sector. Both are passively managed. At a correlation of -0.21, they often move in opposite directions. GPRF charges 0.45%/yr vs 0.35%/yr for XLEI.

Performance

GPRF vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) 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, GPRF achieves a 1.33% return, which is significantly lower than XLEI's 20.42% return.

GPRF

• 1D: -0.07%
• 1M: 0.14%
• YTD: 1.33%
• 6M: 1.66%
• 1Y: 6.57%
• 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)

GPRF vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	1.33%	2.77%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%

Correlation

The correlation between GPRF 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 31, 2025	-0.21

GPRF vs. XLEI - Sectors Allocation Comparison

Sectors	GPRF	XLEI
Financial Services	20.6%	100.3%
Real Estate	3.4%	-
Utilities	2.5%	-
Consumer Cyclical	0.9%	-
Communication Services	0.5%	-
Industrials	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

GPRF vs. XLEI — Risk / Return Rank

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

GPRF

GPRF Risk / Return Rank: 49
GPRF Sharpe Ratio Rank: 52
GPRF Sortino Ratio Rank: 52
GPRF Omega Ratio Rank: 62
GPRF Calmar Ratio Rank: 33
GPRF Martin Ratio Rank: 46

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.

GPRF vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) 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.

	GPRF	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.50	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	1.57	—	—
Martin ratio: Return relative to average drawdown	7.51	—	—
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

	GPRF	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	2.65	-1.28

Drawdowns

GPRF vs. XLEI - Drawdown Comparison

The maximum GPRF drawdown since its inception was -4.36%, smaller than the maximum XLEI drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for GPRF and XLEI.

Drawdown Indicators

	GPRF	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-4.36%	-7.98%	+3.62%
Max Drawdown (1Y) Largest decline over 1 year	-4.20%	—	—
Current Drawdown Current decline from peak	-0.78%	-0.97%	+0.19%
Average Drawdown Average peak-to-trough decline	-0.89%	-1.52%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	—	—

Volatility

Volatility by Period

	GPRF	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.76%	13.16%	-9.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.94%	13.16%	-9.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.94%	13.16%	-9.22%

GPRF vs. XLEI - Expense Ratio Comparison

GPRF has a 0.45% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

GPRF vs. XLEI - Dividend Comparison

GPRF's dividend yield for the trailing twelve months is around 5.65%, less than XLEI's 16.59% yield.

Position	TTM	2025	2024
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	5.65%	5.38%	2.10%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%	0.00%

Frequently Asked Questions

Can I hold both GPRF and XLEI in my portfolio?

GPRF 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, GPRF 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, GPRF or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.45% for GPRF.

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

XLEI has the higher dividend yield at 16.59%, compared with 5.65% for GPRF.

What is the main difference between GPRF and XLEI?

GPRF is categorized as Preferred Stock/Convertible Bonds, while XLEI is Energy Equities. GPRF tracks FTSE Goldman Sachs US Preferred Stock and Hybrids Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: Goldman Sachs and State Street. Their fees differ too: 0.45% for GPRF and 0.35% for XLEI.