ILDR vs. XLKI

Last updated Jun 4, 2026

ILDR (First Trust Innovation Leaders ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. ILDR charges 0.75%/yr vs 0.35%/yr for XLKI.

Performance

ILDR vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Innovation Leaders ETF (ILDR) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILDR achieves a 21.58% return, which is significantly higher than XLKI's 17.94% return.

ILDR

• 1D: -1.06%
• 1M: 13.98%
• YTD: 21.58%
• 6M: 21.69%
• 1Y: 47.41%
• 3Y*: 31.44%
• 5Y*: 14.40%
• 10Y*: —

XLKI

• 1D: -0.60%
• 1M: 7.65%
• YTD: 17.94%
• 6M: 17.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ILDR vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
ILDR First Trust Innovation Leaders ETF	21.58%	7.28%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.94%	10.07%

Correlation

The correlation between ILDR and XLKI is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.86

ILDR vs. XLKI - Sectors Allocation Comparison

Sectors	ILDR	XLKI
Technology	45.2%	-
Healthcare	14.7%	-
Industrials	12.8%	-
Communication Services	10.2%	-
Consumer Cyclical	10.2%	-
Financial Services	3.1%	106.8%
Energy	2.0%	-
Utilities	1.9%	-
Basic Materials	-	-
Consumer Defensive	-	-
Real Estate	-	-

Return for Risk

ILDR vs. XLKI — Risk / Return Rank

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

ILDR

ILDR Risk / Return Rank: 60
ILDR Sharpe Ratio Rank: 69
ILDR Sortino Ratio Rank: 63
ILDR Omega Ratio Rank: 60
ILDR Calmar Ratio Rank: 55
ILDR Martin Ratio Rank: 53

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.

ILDR vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Innovation Leaders ETF (ILDR) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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.

	ILDR	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	2.94	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.69	—	—
Martin ratio: Return relative to average drawdown	9.00	—	—
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

	ILDR	XLKI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	2.24	-1.68

Drawdowns

ILDR vs. XLKI - Drawdown Comparison

The maximum ILDR drawdown since its inception was -44.61%, which is greater than XLKI's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for ILDR and XLKI.

Drawdown Indicators

	ILDR	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-44.61%	-10.24%	-34.37%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.61%	—	—
Current Drawdown Current decline from peak	-1.06%	-0.60%	-0.46%
Average Drawdown Average peak-to-trough decline	-14.98%	-1.61%	-13.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	—	—

Volatility

Volatility by Period

	ILDR	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.11%	16.24%	+4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.07%	16.24%	+9.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.02%	16.24%	+9.78%

ILDR vs. XLKI - Expense Ratio Comparison

ILDR has a 0.75% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

ILDR vs. XLKI - Dividend Comparison

ILDR has not paid dividends to shareholders, while XLKI's dividend yield for the trailing twelve months is around 14.18%.

Position	TTM	2025	2024	2023	2022	2021
ILDR First Trust Innovation Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	14.18%	8.52%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ILDR and XLKI in my portfolio?

ILDR and XLKI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ILDR or XLKI?

On fees, XLKI 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, ILDR or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.75% for ILDR.

Which ETF pays a higher dividend yield, ILDR or XLKI?

XLKI has the higher dividend yield at 14.18%, compared with 0.00% for ILDR.

What is the main difference between ILDR and XLKI?

They also come from different issuers: First Trust and State Street. Their fees differ too: 0.75% for ILDR and 0.35% for XLKI.