PSCD vs. XLYI

Last updated Aug 2, 2026

PSCD (Invesco S&P SmallCap Consumer Discretionary ETF) and XLYI (State Street Consumer Discretionary Select Sector SPDR Premium Income ETF) are both exchange-traded funds - PSCD is a Consumer Discretionary Equities fund tracking the S&P Small Cap 600 / Consumer Discretionary -SEC, while XLYI is a Derivative Income fund actively managed by State Street. PSCD is passively managed, while XLYI is actively managed. Over the past year, PSCD returned 19.09% vs 8.70% for XLYI. Their 0.62 correlation means they have sometimes moved together and sometimes differently. PSCD charges 0.29%/yr vs 0.35%/yr for XLYI.

Performance

PSCD vs. XLYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCD achieves a 13.01% return, which is significantly higher than XLYI's -0.31% return.

PSCD

• 1D: -1.01%
• 1M: -0.20%
• 6M: 8.46%
• YTD: 13.01%
• 1Y: 19.09%
• 3Y*: 8.35%
• 5Y*: 2.08%
• 10Y*: 10.31%
• ALL TIME*: 10.81%

XLYI

• 1D: 2.83%
• 1M: -0.39%
• 6M: -2.34%
• YTD: -0.31%
• 1Y: 8.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.29%

*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)
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	$37.38K	$43.87K	$67.57K
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	$81.44K	$62.05K	$59.61K

PSCD vs. XLYI - Yearly Performance Comparison

	2026 (YTD)	2025
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	13.01%	1.61%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	-0.31%	5.63%

Correlation

The correlation between PSCD and XLYI is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.62

The correlation between PSCD and XLYI has been stable across timeframes, ranging from 0.61 to 0.62 - a consistent structural relationship.

PSCD vs. XLYI - Sectors Allocation Comparison

Sectors	PSCD	XLYI
Consumer Cyclical	83.9%	99.0%
Consumer Defensive	8.3%	-
Industrials	4.5%	-
Technology	1.4%	1.0%
Healthcare	1.2%	-
Real Estate	0.7%	-
Communication Services	0.2%	-
Basic Materials	-	-
Energy	-	-
Financial Services	-	99.8%
Utilities	-	-

Return for Risk

PSCD vs. XLYI — Risk / Return Rank

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

PSCD

PSCD Risk / Return Rank: 32
PSCD Sharpe Ratio Rank: 31
PSCD Sortino Ratio Rank: 34
PSCD Omega Ratio Rank: 31
PSCD Calmar Ratio Rank: 32
PSCD Martin Ratio Rank: 30

XLYI

XLYI Risk / Return Rank: 20
XLYI Sharpe Ratio Rank: 20
XLYI Sortino Ratio Rank: 19
XLYI Omega Ratio Rank: 19
XLYI Calmar Ratio Rank: 21
XLYI Martin Ratio Rank: 22

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.

PSCD vs. XLYI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI). 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.

	PSCD	XLYI	Difference
Sharpe ratio: Return per unit of total volatility	0.77	0.40	+0.37
Sortino ratio: Return per unit of downside risk	1.29	0.66	+0.64
Omega ratio: Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio: Return relative to maximum drawdown	1.07	0.53	+0.55
Martin ratio: Return relative to average drawdown	2.67	1.50	+1.18

PSCD vs. XLYI - Sharpe Ratio Comparison

The current PSCD Sharpe Ratio is 0.77, which is higher than the XLYI Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of PSCD and XLYI, 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

PSCD vs. XLYI - Drawdown Comparison

The maximum PSCD drawdown since its inception was -56.57%, which is greater than XLYI's maximum drawdown of -12.32%. Use the drawdown chart below to compare losses from any high point for PSCD and XLYI.

Drawdown Indicators

	PSCD	XLYI	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-12.32%	-44.25%
Max Drawdown (1Y) Largest decline over 1 year	-17.14%	-12.32%	-4.82%
Max Drawdown (3Y) Largest decline over 3 years	-31.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.57%	—	—
Current Drawdown Current decline from peak	-3.41%	-3.86%	+0.45%
Average Drawdown Average peak-to-trough decline	-11.25%	-3.29%	-7.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.87%	4.33%	+2.54%

Volatility

PSCD vs. XLYI - Volatility Comparison

The current volatility for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is 6.09%, while State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) has a volatility of 6.42%. This indicates that PSCD experiences smaller price fluctuations and is considered to be less risky than XLYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCD	XLYI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	6.42%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	16.85%	12.97%	+3.88%
Volatility (1Y) Calculated over the trailing 1-year period	24.13%	16.34%	+7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.66%	16.32%	+11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.10%	16.32%	+12.78%

PSCD vs. XLYI - Expense Ratio Comparison

PSCD has a 0.29% expense ratio, which is lower than XLYI's 0.35% expense ratio.

Dividends

PSCD vs. XLYI - Dividend Comparison

PSCD's dividend yield for the trailing twelve months is around 0.99%, less than XLYI's 14.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	0.99%	0.94%	1.28%	1.09%	1.60%	0.57%	0.56%	0.91%	1.39%	0.97%	1.07%	1.10%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	14.79%	6.76%	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 PSCD and XLYI in my portfolio?

PSCD and XLYI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCD or XLYI?

XLYI has higher volatility (6.42%) compared to PSCD (6.09%). In terms of maximum drawdown, PSCD dropped -56.57% vs XLYI's -12.32%.

Which ETF is better, PSCD or XLYI?

On 1-year performance, PSCD leads with 19.09% vs 8.70% for XLYI. On fees, PSCD is cheaper at 0.29% per year. On volatility, PSCD has been the lower-risk option at 6.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCD or XLYI?

Over the 1-year period, PSCD has performed better with a 19.09% return vs 8.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCD or XLYI?

PSCD is cheaper with a 0.29% expense ratio, compared with 0.35% for XLYI.

Which ETF pays a higher dividend yield, PSCD or XLYI?

XLYI has the higher dividend yield at 14.79%, compared with 0.99% for PSCD.

What is the main difference between PSCD and XLYI?

PSCD is categorized as Consumer Discretionary Equities, while XLYI is Derivative Income. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.29% for PSCD and 0.35% for XLYI.

Which has better risk-adjusted returns?

PSCD currently has the higher Sharpe Ratio (0.77 vs 0.40), 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.