HVAC vs. XLII

Last updated Jun 4, 2026

HVAC (AdvisorShares HVAC and Industrials ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - HVAC is a Industrials Equities fund actively managed by AdvisorShares, while XLII is a Derivative Income fund actively managed by State Street. Both are actively managed. A 0.80 correlation means they provide meaningful diversification when combined. HVAC charges 1.00%/yr vs 0.35%/yr for XLII.

Performance

HVAC vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares HVAC and Industrials ETF (HVAC) 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, HVAC achieves a 36.48% return, which is significantly higher than XLII's 6.73% return.

HVAC

• 1D: 1.91%
• 1M: 6.24%
• YTD: 36.48%
• 6M: 32.88%
• 1Y: 59.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

HVAC vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
HVAC AdvisorShares HVAC and Industrials ETF	36.48%	2.24%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	6.73%	6.62%

Correlation

The correlation between HVAC and XLII is 0.80, 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	0.80

HVAC vs. XLII - Sectors Allocation Comparison

Sectors	HVAC	XLII
Industrials	67.0%	-
Technology	16.9%	-
Utilities	7.4%	-
Consumer Cyclical	4.5%	-
Real Estate	2.8%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.3%
Healthcare	-	-

Return for Risk

HVAC vs. XLII — Risk / Return Rank

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

HVAC

HVAC Risk / Return Rank: 68
HVAC Sharpe Ratio Rank: 66
HVAC Sortino Ratio Rank: 59
HVAC Omega Ratio Rank: 60
HVAC Calmar Ratio Rank: 79
HVAC Martin Ratio Rank: 75

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.

HVAC vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares HVAC and Industrials ETF (HVAC) 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.

	HVAC	XLII	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	2.75	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	4.04	—	—
Martin ratio: Return relative to average drawdown	14.29	—	—
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

	HVAC	XLII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	1.44	+0.23

Drawdowns

HVAC vs. XLII - Drawdown Comparison

The maximum HVAC drawdown since its inception was -21.22%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for HVAC and XLII.

Drawdown Indicators

	HVAC	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-21.22%	-10.10%	-11.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.83%	—	—
Current Drawdown Current decline from peak	-0.60%	-0.36%	-0.24%
Average Drawdown Average peak-to-trough decline	-3.95%	-1.34%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.19%	—	—

Volatility

Volatility by Period

	HVAC	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.43%	11.55%	+15.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.39%	11.55%	+17.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.39%	11.55%	+17.84%

HVAC vs. XLII - Expense Ratio Comparison

HVAC has a 1.00% expense ratio, which is higher than XLII's 0.35% expense ratio.

Dividends

HVAC vs. XLII - Dividend Comparison

HVAC's dividend yield for the trailing twelve months is around 0.14%, less than XLII's 11.29% yield.

Position	TTM	2025
HVAC AdvisorShares HVAC and Industrials ETF	0.14%	0.19%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.29%	5.47%

Frequently Asked Questions

Can I hold both HVAC and XLII in my portfolio?

HVAC and XLII have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HVAC 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, HVAC or XLII?

XLII is cheaper with a 0.35% expense ratio, compared with 1.00% for HVAC.

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

XLII has the higher dividend yield at 11.29%, compared with 0.14% for HVAC.

What is the main difference between HVAC and XLII?

HVAC is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: AdvisorShares and State Street. Their fees differ too: 1.00% for HVAC and 0.35% for XLII.