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IYM vs. XLBI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYM vs. XLBI

Last updated Jul 12, 2026
Documentation

IYM (iShares U.S. Basic Materials ETF) and XLBI (State Street Materials Select Sector SPDR Premium Income ETF) are both exchange-traded funds - IYM is a Materials fund tracking the Dow Jones U.S. Basic Materials Index, while XLBI is a Derivative Income fund actively managed by State Street. IYM is passively managed, while XLBI is actively managed. Their correlation of 0.91 suggests significant overlap in exposure. IYM charges 0.42%/yr vs 0.35%/yr for XLBI.

Performance

IYM vs. XLBI - Performance Comparison

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

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Returns By Period

In the year-to-date period, IYM achieves a 16.38% return, which is significantly higher than XLBI's 7.80% return.

IYM

1D
0.69%
1M
-4.91%
6M
8.64%
YTD
16.38%
1Y
24.67%
3Y*
12.07%
5Y*
8.12%
10Y*
10.31%

XLBI

1D
1.59%
1M
-0.81%
6M
5.53%
YTD
7.80%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYM vs. XLBI - Yearly Performance Comparison

2026 (YTD)2025
IYM
iShares U.S. Basic Materials ETF		16.38%6.99%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		7.80%2.25%

Correlation

The correlation between IYM and XLBI is 0.91, 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 30, 2025

0.91

IYM vs. XLBI - Sectors Allocation Comparison

Sectors
IYM
XLBI

Basic Materials

84.2%

-

Industrials

12.3%

-

Consumer Cyclical

3.3%

-

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

98.9%

Healthcare

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Basic Materials

IYM
84.2%
XLBI

-

Industrials

IYM
12.3%
XLBI

-

Consumer Cyclical

IYM
3.3%
XLBI

-

Communication Services

IYM

-

XLBI

-

Consumer Defensive

IYM

-

XLBI

-

Energy

IYM

-

XLBI

-

Financial Services

IYM

-

XLBI
98.9%

Healthcare

IYM

-

XLBI

-

Real Estate

IYM

-

XLBI

-

Technology

IYM

-

XLBI

-

Utilities

IYM

-

XLBI

-

Compare stocks, funds, or ETFs

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iShares U.S. Basic Materials ETF

State Street Materials Select Sector SPDR Premium Income ETF

Often compared with IYM:
IYM vs. VAWIYM vs. MXIIYM vs. IYYIYM vs. CSDIYM vs. VTIIYM vs. IVVIYM vs. SOXX
Often compared with XLBI:
XLBI vs. SPYXLBI vs. XLBXLBI vs. BILXLBI vs. GLDXLBI vs. BUYWXLBI vs. DVXBXLBI vs. SPIN

Return for Risk

IYM vs. XLBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYM
IYM Risk / Return Rank: 4343
Overall Rank
IYM Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
IYM Sortino Ratio Rank: 4141
Sortino Ratio Rank
IYM Omega Ratio Rank: 3939
Omega Ratio Rank
IYM Calmar Ratio Rank: 4444
Calmar Ratio Rank
IYM Martin Ratio Rank: 4848
Martin Ratio Rank
XLBI

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.

IYM vs. XLBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Basic Materials ETF (IYM) and State Street Materials Select Sector SPDR Premium Income ETF (XLBI). 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.

IYMXLBIDifference
Sharpe ratioReturn per unit of total volatility
1.22

—

—

Sortino ratioReturn per unit of downside risk
1.73

—

—

Omega ratioGain probability vs. loss probability

1.21

—

—

Calmar ratioReturn relative to maximum drawdown

1.78

—

—

Martin ratioReturn relative to average drawdown

6.37

—

—

IYM vs. XLBI - Sharpe Ratio Comparison

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Drawdowns

IYM vs. XLBI - Drawdown Comparison

The maximum IYM drawdown since its inception was -67.78%, which is greater than XLBI's maximum drawdown of -10.62%. Use the drawdown chart below to compare losses from any high point for IYM and XLBI.

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Drawdown Indicators

IYMXLBIDifference

Max Drawdown

Largest peak-to-trough decline

-67.78%

-10.62%

-57.16%

Max Drawdown (1Y)

Largest decline over 1 year

-13.61%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-23.62%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-29.94%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-42.76%

—

—

Current Drawdown

Current decline from peak

-5.71%

-1.88%

-3.83%

Average Drawdown

Average peak-to-trough decline

-11.42%

-2.10%

-9.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.80%

—

—

Volatility

IYM vs. XLBI - Volatility Comparison

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Volatility by Period

IYMXLBIDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.05%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

15.84%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

19.85%

13.93%

+5.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.51%

13.93%

+6.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.69%

13.93%

+7.76%

IYM vs. XLBI - Expense Ratio Comparison

IYM has a 0.42% expense ratio, which is higher than XLBI's 0.35% expense ratio.

Dividends

IYM vs. XLBI - Dividend Comparison

IYM's dividend yield for the trailing twelve months is around 1.31%, less than XLBI's 14.84% yield.

PositionTTM20252024202320222021202020192018201720162015
IYM
iShares U.S. Basic Materials ETF		1.31%1.51%1.65%1.77%2.14%1.48%1.39%2.08%1.68%1.43%1.47%2.04%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		14.84%7.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.91, IYM and XLBI 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.

On fees, XLBI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XLBI is cheaper with a 0.35% expense ratio, compared with 0.42% for IYM.

XLBI has the higher dividend yield at 14.84%, compared with 1.31% for IYM.

IYM is categorized as Materials, while XLBI is Derivative Income. They also come from different issuers: iShares and State Street. Their fees differ too: 0.42% for IYM and 0.35% for XLBI.

Portfolio Optimizer

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