NDIV vs. XLEI

Last updated Jun 4, 2026

NDIV (Amplify Natural Resources Dividend Income ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both Energy Equities funds - NDIV tracks the EQM Natural Resources Dividend Income Index while XLEI tracks the S&P Energy Select Sector. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. NDIV charges 0.59%/yr vs 0.35%/yr for XLEI.

Performance

NDIV vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Natural Resources Dividend Income ETF (NDIV) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NDIV achieves a 32.65% return, which is significantly higher than XLEI's 20.42% return.

NDIV

• 1D: -0.69%
• 1M: -2.94%
• YTD: 32.65%
• 6M: 28.18%
• 1Y: 34.21%
• 3Y*: 18.96%
• 5Y*: —
• 10Y*: —

XLEI

• 1D: 1.05%
• 1M: 1.40%
• YTD: 20.42%
• 6M: 20.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NDIV vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
NDIV Amplify Natural Resources Dividend Income ETF	32.65%	-3.37%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%

Correlation

The correlation between NDIV and XLEI is 0.76, 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	0.76

NDIV vs. XLEI - Sectors Allocation Comparison

Sectors	NDIV	XLEI
Energy	81.7%	-
Basic Materials	18.2%	-
Financial Services	0.1%	100.3%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

NDIV vs. XLEI — Risk / Return Rank

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

NDIV

NDIV Risk / Return Rank: 50
NDIV Sharpe Ratio Rank: 50
NDIV Sortino Ratio Rank: 47
NDIV Omega Ratio Rank: 46
NDIV Calmar Ratio Rank: 64
NDIV Martin Ratio Rank: 46

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.

NDIV vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Natural Resources Dividend Income ETF (NDIV) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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.

	NDIV	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.33	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	7.55	—	—
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

	NDIV	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	2.65	-1.92

Drawdowns

NDIV vs. XLEI - Drawdown Comparison

The maximum NDIV drawdown since its inception was -19.73%, which is greater than XLEI's maximum drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for NDIV and XLEI.

Drawdown Indicators

	NDIV	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-19.73%	-7.98%	-11.75%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.73%	—	—
Current Drawdown Current decline from peak	-4.08%	-0.97%	-3.11%
Average Drawdown Average peak-to-trough decline	-4.20%	-1.52%	-2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	—	—

Volatility

Volatility by Period

	NDIV	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.04%	13.16%	+6.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.92%	13.16%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.92%	13.16%	+7.76%

NDIV vs. XLEI - Expense Ratio Comparison

NDIV has a 0.59% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

NDIV vs. XLEI - Dividend Comparison

NDIV's dividend yield for the trailing twelve months is around 6.53%, less than XLEI's 16.59% yield.

Position	TTM	2025	2024	2023	2022
NDIV Amplify Natural Resources Dividend Income ETF	6.53%	5.64%	5.88%	7.37%	1.69%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NDIV and XLEI in my portfolio?

NDIV and XLEI have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NDIV or XLEI?

On fees, XLEI 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, NDIV or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.59% for NDIV.

Which ETF pays a higher dividend yield, NDIV or XLEI?

XLEI has the higher dividend yield at 16.59%, compared with 6.53% for NDIV.

What is the main difference between NDIV and XLEI?

NDIV tracks EQM Natural Resources Dividend Income Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: Amplify and State Street. Their fees differ too: 0.59% for NDIV and 0.35% for XLEI.