IEDI vs. XLYI

Last updated Aug 4, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and XLYI (State Street Consumer Discretionary Select Sector SPDR Premium Income ETF) are both exchange-traded funds - IEDI is a Consumer Discretionary Equities fund actively managed by iShares, while XLYI is a Derivative Income fund actively managed by State Street. Both are actively managed. Over the past year, IEDI returned 4.48% vs 10.54% for XLYI. Their 0.69 correlation means they have sometimes moved together and sometimes differently. IEDI charges 0.18%/yr vs 0.35%/yr for XLYI.

Performance

IEDI vs. XLYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Discretionary Spending ETF (IEDI) and State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEDI achieves a 3.29% return, which is significantly higher than XLYI's 1.38% return.

IEDI

• 1D: 1.05%
• 1M: 1.87%
• 6M: -1.67%
• YTD: 3.29%
• 1Y: 4.48%
• 3Y*: 12.40%
• 5Y*: 6.09%
• 10Y*: —
• ALL TIME*: 12.08%

XLYI

• 1D: 1.69%
• 1M: 1.30%
• 6M: -1.42%
• YTD: 1.38%
• 1Y: 10.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.01%

*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)
IEDI iShares Evolved U.S. Discretionary Spending ETF	$112.48K	$121.64K	$142.75K
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	$80.11K	$62.91K	$60.52K

IEDI vs. XLYI - Yearly Performance Comparison

	2026 (YTD)	2025
IEDI iShares Evolved U.S. Discretionary Spending ETF	3.29%	-0.44%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	1.38%	5.63%

Correlation

The correlation between IEDI and XLYI is 0.69, 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.	0.69
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.69

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

IEDI vs. XLYI - Sectors Allocation Comparison

Sectors	IEDI	XLYI
Consumer Cyclical	62.9%	99.0%
Consumer Defensive	23.1%	-
Industrials	4.0%	-
Technology	3.1%	1.0%
Communication Services	2.9%	-
Financial Services	2.2%	99.8%
Real Estate	0.5%	-
Healthcare	0.2%	-
Energy	0.1%	-
Basic Materials	0.1%	-
Utilities	-	-

Return for Risk

IEDI vs. XLYI — Risk / Return Rank

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

IEDI

IEDI Risk / Return Rank: 18
IEDI Sharpe Ratio Rank: 18
IEDI Sortino Ratio Rank: 17
IEDI Omega Ratio Rank: 16
IEDI Calmar Ratio Rank: 19
IEDI Martin Ratio Rank: 18

XLYI

XLYI Risk / Return Rank: 26
XLYI Sharpe Ratio Rank: 26
XLYI Sortino Ratio Rank: 25
XLYI Omega Ratio Rank: 25
XLYI Calmar Ratio Rank: 26
XLYI Martin Ratio Rank: 27

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.

IEDI vs. XLYI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI). 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.

	IEDI	XLYI	Difference
Sharpe ratio: Return per unit of total volatility	0.31	0.65	-0.34
Sortino ratio: Return per unit of downside risk	0.57	0.99	-0.42
Omega ratio: Gain probability vs. loss probability	1.06	1.12	-0.06
Calmar ratio: Return relative to maximum drawdown	0.48	0.86	-0.38
Martin ratio: Return relative to average drawdown	1.01	2.44	-1.43

IEDI vs. XLYI - Sharpe Ratio Comparison

The current IEDI Sharpe Ratio is 0.31, which is lower than the XLYI Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of IEDI and XLYI, 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

IEDI vs. XLYI - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, which is greater than XLYI's maximum drawdown of -12.32%. Use the drawdown chart below to compare losses from any high point for IEDI and XLYI.

Drawdown Indicators

	IEDI	XLYI	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-12.32%	-18.28%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-12.32%	+2.88%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	—	—
Current Drawdown Current decline from peak	-2.75%	-2.24%	-0.51%
Average Drawdown Average peak-to-trough decline	-6.90%	-3.29%	-3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	4.33%	+0.11%

Volatility

IEDI vs. XLYI - Volatility Comparison

The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 4.83%, while State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) has a volatility of 6.61%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than XLYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDI	XLYI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	6.61%	-1.78%
Volatility (6M) Calculated over the trailing 6-month period	11.20%	13.08%	-1.88%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	16.31%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	16.37%	+1.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	16.37%	+3.02%

IEDI vs. XLYI - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than XLYI's 0.35% expense ratio.

Dividends

IEDI vs. XLYI - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.93%, less than XLYI's 15.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.93%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	15.73%	6.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IEDI and XLYI in my portfolio?

IEDI and XLYI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEDI or XLYI?

XLYI has higher volatility (6.61%) compared to IEDI (4.83%). In terms of maximum drawdown, IEDI dropped -30.60% vs XLYI's -12.32%.

Which ETF is better, IEDI or XLYI?

On 1-year performance, XLYI leads with 10.54% vs 4.48% for IEDI. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEDI or XLYI?

Over the 1-year period, XLYI has performed better with a 10.54% return vs 4.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEDI or XLYI?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.35% for XLYI.

Which ETF pays a higher dividend yield, IEDI or XLYI?

XLYI has the higher dividend yield at 15.73%, compared with 0.93% for IEDI.

What is the main difference between IEDI and XLYI?

IEDI is categorized as Consumer Discretionary Equities, while XLYI is Derivative Income. They also come from different issuers: iShares and State Street. Their fees differ too: 0.18% for IEDI and 0.35% for XLYI.

Which has better risk-adjusted returns?

XLYI currently has the higher Sharpe Ratio (0.65 vs 0.31), 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.