GSIB vs. XLFI

Last updated Jul 14, 2026

GSIB (Themes Global Systemically Important Banks ETF) and XLFI (State Street Financial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - GSIB is a Financials Equities fund actively managed by Themes, while XLFI is a Derivative Income fund actively managed by State Street. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

GSIB vs. XLFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Global Systemically Important Banks ETF (GSIB) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSIB achieves a 17.31% return, which is significantly higher than XLFI's 1.85% return.

GSIB

• 1D: -0.28%
• 1M: 2.92%
• 6M: 14.51%
• YTD: 17.31%
• 1Y: 42.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLFI

• 1D: 0.45%
• 1M: 3.48%
• 6M: 0.88%
• YTD: 1.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSIB vs. XLFI - Yearly Performance Comparison

	2026 (YTD)	2025
GSIB Themes Global Systemically Important Banks ETF	17.31%	18.36%
XLFI State Street Financial Select Sector SPDR Premium Income ETF	1.85%	5.40%

Correlation

The correlation between GSIB and XLFI is 0.68, 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 30, 2025	0.68

GSIB vs. XLFI - Sectors Allocation Comparison

Sectors	GSIB	XLFI
Financial Services	99.3%	99.9%
Technology	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GSIB vs. XLFI — Risk / Return Rank

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

GSIB

GSIB Risk / Return Rank: 83
GSIB Sharpe Ratio Rank: 91
GSIB Sortino Ratio Rank: 91
GSIB Omega Ratio Rank: 86
GSIB Calmar Ratio Rank: 76
GSIB Martin Ratio Rank: 74

XLFI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GSIB vs. XLFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). 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.

	GSIB	XLFI	Difference
Sharpe ratio: Return per unit of total volatility	2.46	—	—
Sortino ratio: Return per unit of downside risk	3.44	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.09	—	—
Martin ratio: Return relative to average drawdown	10.84	—	—

Drawdowns

GSIB vs. XLFI - Drawdown Comparison

The maximum GSIB drawdown since its inception was -17.71%, which is greater than XLFI's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for GSIB and XLFI.

Drawdown Indicators

	GSIB	XLFI	Difference
Max Drawdown Largest peak-to-trough decline	-17.71%	-11.89%	-5.82%
Max Drawdown (1Y) Largest decline over 1 year	-13.90%	—	—
Current Drawdown Current decline from peak	-0.28%	0.00%	-0.28%
Average Drawdown Average peak-to-trough decline	-2.02%	-3.17%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	—	—

Volatility

Volatility by Period

	GSIB	XLFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.48%	12.02%	+5.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.38%	12.02%	+6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	12.02%	+6.36%

GSIB vs. XLFI - Expense Ratio Comparison

Both GSIB and XLFI have an expense ratio of 0.35%.

Dividends

GSIB vs. XLFI - Dividend Comparison

GSIB's dividend yield for the trailing twelve months is around 1.63%, less than XLFI's 11.44% yield.

Position	TTM	2025	2024
GSIB Themes Global Systemically Important Banks ETF	1.63%	1.91%	1.67%
XLFI State Street Financial Select Sector SPDR Premium Income ETF	11.44%	5.57%	0.00%

Frequently Asked Questions

Can I hold both GSIB and XLFI in my portfolio?

GSIB and XLFI 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 ETF is better, GSIB or XLFI?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSIB or XLFI?

GSIB and XLFI have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, GSIB or XLFI?

XLFI has the higher dividend yield at 11.44%, compared with 1.63% for GSIB.

What is the main difference between GSIB and XLFI?

GSIB is categorized as Financials Equities, while XLFI is Derivative Income. They also come from different issuers: Themes and State Street.