NXTG vs. XLKI

Last updated Jul 14, 2026

NXTG (First Trust IndXX NextG ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. NXTG is passively managed, while XLKI is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. NXTG charges 0.70%/yr vs 0.35%/yr for XLKI.

Performance

NXTG vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) 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, NXTG achieves a 39.14% return, which is significantly higher than XLKI's 12.68% return.

NXTG

• 1D: -1.93%
• 1M: -3.97%
• 6M: 35.77%
• YTD: 39.14%
• 1Y: 56.52%
• 3Y*: 29.23%
• 5Y*: 16.53%
• 10Y*: 16.35%

XLKI

• 1D: -2.14%
• 1M: -0.38%
• 6M: 11.52%
• YTD: 12.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NXTG vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
NXTG First Trust IndXX NextG ETF	39.14%	11.84%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.68%	10.02%

Correlation

The correlation between NXTG and XLKI is 0.84, 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	0.84

NXTG vs. XLKI - Sectors Allocation Comparison

Sectors	NXTG	XLKI
Technology	71.2%	99.0%
Communication Services	18.1%	1.0%
Real Estate	6.2%	-
Industrials	4.2%	-
Consumer Cyclical	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	98.0%
Healthcare	-	-
Utilities	-	-

Return for Risk

NXTG vs. XLKI — Risk / Return Rank

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

NXTG

NXTG Risk / Return Rank: 90
NXTG Sharpe Ratio Rank: 93
NXTG Sortino Ratio Rank: 89
NXTG Omega Ratio Rank: 90
NXTG Calmar Ratio Rank: 92
NXTG Martin Ratio Rank: 88

XLKI

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.

NXTG vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) 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.

	NXTG	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	2.61	—	—
Sortino ratio: Return per unit of downside risk	3.26	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.77	—	—
Martin ratio: Return relative to average drawdown	14.87	—	—

Drawdowns

NXTG vs. XLKI - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, which is greater than XLKI's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for NXTG and XLKI.

Drawdown Indicators

	NXTG	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-10.24%	-23.37%
Max Drawdown (1Y) Largest decline over 1 year	-11.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	—	—
Current Drawdown Current decline from peak	-10.70%	-5.03%	-5.67%
Average Drawdown Average peak-to-trough decline	-7.92%	-1.90%	-6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	—	—

Volatility

Volatility by Period

	NXTG	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.78%	19.19%	+2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	19.19%	-0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.06%	19.19%	-0.13%

NXTG vs. XLKI - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

NXTG vs. XLKI - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.24%, less than XLKI's 17.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXTG First Trust IndXX NextG ETF	1.24%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.59%	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 NXTG and XLKI in my portfolio?

NXTG and XLKI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NXTG 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, NXTG or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.70% for NXTG.

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

XLKI has the higher dividend yield at 17.59%, compared with 1.24% for NXTG.

What is the main difference between NXTG and XLKI?

They also come from different issuers: First Trust and State Street. Their fees differ too: 0.70% for NXTG and 0.35% for XLKI.