IXN vs. XLKI

Last updated Aug 2, 2026

IXN (iShares Global Tech ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. IXN is passively managed, while XLKI is actively managed. Over the past year, IXN returned 42.54% vs 24.59% for XLKI. Their correlation of 0.94 means they have usually moved in the same direction. IXN charges 0.46%/yr vs 0.35%/yr for XLKI.

Performance

IXN vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Tech ETF (IXN) 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, IXN achieves a 26.51% return, which is significantly higher than XLKI's 10.67% return.

IXN

• 1D: -0.21%
• 1M: -2.80%
• 6M: 24.00%
• YTD: 26.51%
• 1Y: 42.54%
• 3Y*: 28.76%
• 5Y*: 18.70%
• 10Y*: 23.45%
• ALL TIME*: 12.22%

XLKI

• 1D: 0.01%
• 1M: -1.06%
• 6M: 9.29%
• YTD: 10.67%
• 1Y: 24.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.71%

*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)
IXN iShares Global Tech ETF	$45.45M	$52.86M	$65.01M
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$514.98K	$430.22K	$356.64K

IXN vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
IXN iShares Global Tech ETF	26.51%	10.48%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	10.67%	10.02%

Correlation

The correlation between IXN and XLKI is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.94

The correlation between IXN and XLKI has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

IXN vs. XLKI - Sectors Allocation Comparison

Sectors	IXN	XLKI
Technology	99.4%	99.2%
Industrials	0.3%	-
Healthcare	0.1%	-
Energy	0.1%	-
Real Estate	0.0%	-
Basic Materials	-	-
Communication Services	-	0.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	99.9%
Utilities	-	-

Return for Risk

IXN vs. XLKI — Risk / Return Rank

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

IXN

IXN Risk / Return Rank: 63
IXN Sharpe Ratio Rank: 63
IXN Sortino Ratio Rank: 59
IXN Omega Ratio Rank: 59
IXN Calmar Ratio Rank: 72
IXN Martin Ratio Rank: 64

XLKI

XLKI Risk / Return Rank: 51
XLKI Sharpe Ratio Rank: 46
XLKI Sortino Ratio Rank: 43
XLKI Omega Ratio Rank: 47
XLKI Calmar Ratio Rank: 57
XLKI Martin Ratio Rank: 60

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.

IXN vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.

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.

	IXN	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.13	+0.32
Sortino ratio: Return per unit of downside risk	1.99	1.61	+0.38
Omega ratio: Gain probability vs. loss probability	1.25	1.22	+0.04
Calmar ratio: Return relative to maximum drawdown	2.49	2.02	+0.47
Martin ratio: Return relative to average drawdown	7.63	7.10	+0.53

IXN vs. XLKI - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 1.46, which is comparable to the XLKI Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of IXN and XLKI, 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

IXN vs. XLKI - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for IXN and XLKI.

Drawdown Indicators

	IXN	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-11.21%	-44.46%
Max Drawdown (1Y) Largest decline over 1 year	-16.09%	-11.21%	-4.88%
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-11.29%	-6.73%	-4.56%
Average Drawdown Average peak-to-trough decline	-11.24%	-2.16%	-9.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	3.18%	+2.05%

Volatility

IXN vs. XLKI - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 10.37% compared to State Street Technology Select Sector SPDR Premium Income ETF (XLKI) at 8.68%. This indicates that IXN's price experiences larger fluctuations and is considered to be riskier than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXN	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.37%	8.68%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	23.76%	17.55%	+6.21%
Volatility (1Y) Calculated over the trailing 1-year period	27.43%	19.96%	+7.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.89%	19.92%	+5.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.88%	19.92%	+4.96%

IXN vs. XLKI - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

IXN vs. XLKI - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.83%, less than XLKI's 17.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXN iShares Global Tech ETF	0.83%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.91%	8.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IXN and XLKI in my portfolio?

With a correlation of 0.94, IXN and XLKI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IXN or XLKI?

IXN has higher volatility (10.37%) compared to XLKI (8.68%). In terms of maximum drawdown, IXN dropped -55.67% vs XLKI's -11.21%.

Which ETF is better, IXN or XLKI?

On 1-year performance, IXN leads with 42.54% vs 24.59% for XLKI. On fees, XLKI is cheaper at 0.35% per year. On volatility, XLKI has been the lower-risk option at 8.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXN or XLKI?

Over the 1-year period, IXN has performed better with a 42.54% return vs 24.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXN or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.46% for IXN.

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

XLKI has the higher dividend yield at 17.91%, compared with 0.83% for IXN.

What is the main difference between IXN and XLKI?

They also come from different issuers: iShares and State Street. Their fees differ too: 0.46% for IXN and 0.35% for XLKI.

Which has better risk-adjusted returns?

IXN currently has the higher Sharpe Ratio (1.46 vs 1.13), 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.