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PSCM vs. XLBI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSCM vs. XLBI

Last updated Jul 14, 2026
Documentation

PSCM (Invesco S&P SmallCap Materials ETF) and XLBI (State Street Materials Select Sector SPDR Premium Income ETF) are both exchange-traded funds - PSCM is a Materials fund tracking the S&P Small Cap 600 / Materials -SEC, while XLBI is a Derivative Income fund actively managed by State Street. PSCM is passively managed, while XLBI is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. PSCM charges 0.29%/yr vs 0.35%/yr for XLBI.

Performance

PSCM vs. XLBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Materials ETF (PSCM) 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, PSCM achieves a 16.36% return, which is significantly higher than XLBI's 6.83% return.

PSCM

1D
-0.14%
1M
-9.52%
6M
6.49%
YTD
16.36%
1Y
31.08%
3Y*
12.59%
5Y*
9.99%
10Y*
10.97%

XLBI

1D
-0.90%
1M
-1.70%
6M
4.52%
YTD
6.83%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCM vs. XLBI - Yearly Performance Comparison

2026 (YTD)2025
PSCM
Invesco S&P SmallCap Materials ETF		16.36%13.24%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		6.83%2.25%

Correlation

The correlation between PSCM and XLBI 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 30, 2025

0.76

PSCM vs. XLBI - Sectors Allocation Comparison

Sectors
PSCM
XLBI

Basic Materials

91.6%

-

Energy

6.4%

-

Consumer Cyclical

1.8%

-

Financial Services

0.1%
98.9%

Communication Services

-

-

Consumer Defensive

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Basic Materials

PSCM
91.6%
XLBI

-

Energy

PSCM
6.4%
XLBI

-

Consumer Cyclical

PSCM
1.8%
XLBI

-

Financial Services

PSCM
0.1%
XLBI
98.9%

Communication Services

PSCM

-

XLBI

-

Consumer Defensive

PSCM

-

XLBI

-

Healthcare

PSCM

-

XLBI

-

Industrials

PSCM

-

XLBI

-

Real Estate

PSCM

-

XLBI

-

Technology

PSCM

-

XLBI

-

Utilities

PSCM

-

XLBI

-

Compare stocks, funds, or ETFs

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Invesco S&P SmallCap Materials ETF

State Street Materials Select Sector SPDR Premium Income ETF

Often compared with PSCM:
PSCM vs. PSCCPSCM vs. PSCIPSCM vs. AIRRPSCM vs. SPYIPSCM vs. XMEPSCM vs. ADPVPSCM vs. REMX
Often compared with XLBI:
XLBI vs. DVXBXLBI vs. SPYXLBI vs. XLBXLBI vs. BILXLBI vs. GLDXLBI vs. BUYWXLBI vs. SPIN

Return for Risk

PSCM vs. XLBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSCM
PSCM Risk / Return Rank: 4949
Overall Rank
PSCM Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
PSCM Sortino Ratio Rank: 4949
Sortino Ratio Rank
PSCM Omega Ratio Rank: 4242
Omega Ratio Rank
PSCM Calmar Ratio Rank: 5555
Calmar Ratio Rank
PSCM Martin Ratio Rank: 5555
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.

PSCM vs. XLBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Materials ETF (PSCM) 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.

PSCMXLBIDifference
Sharpe ratioReturn per unit of total volatility
1.30

—

—

Sortino ratioReturn per unit of downside risk
1.95

—

—

Omega ratioGain probability vs. loss probability

1.22

—

—

Calmar ratioReturn relative to maximum drawdown

2.18

—

—

Martin ratioReturn relative to average drawdown

7.41

—

—

PSCM vs. XLBI - Sharpe Ratio Comparison

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Drawdowns

PSCM vs. XLBI - Drawdown Comparison

The maximum PSCM drawdown since its inception was -51.34%, which is greater than XLBI's maximum drawdown of -10.62%. Use the drawdown chart below to compare losses from any high point for PSCM and XLBI.

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Drawdown Indicators

PSCMXLBIDifference

Max Drawdown

Largest peak-to-trough decline

-51.34%

-10.62%

-40.72%

Max Drawdown (1Y)

Largest decline over 1 year

-14.33%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-35.36%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-35.36%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-51.34%

—

—

Current Drawdown

Current decline from peak

-10.37%

-2.76%

-7.61%

Average Drawdown

Average peak-to-trough decline

-10.86%

-2.10%

-8.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.20%

—

—

Volatility

PSCM vs. XLBI - Volatility Comparison

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Volatility by Period

PSCMXLBIDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.31%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

17.63%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

24.07%

13.94%

+10.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.82%

13.94%

+11.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.81%

13.94%

+12.87%

PSCM vs. XLBI - Expense Ratio Comparison

PSCM has a 0.29% expense ratio, which is lower than XLBI's 0.35% expense ratio.

Dividends

PSCM vs. XLBI - Dividend Comparison

PSCM's dividend yield for the trailing twelve months is around 1.03%, less than XLBI's 14.97% yield.

PositionTTM20252024202320222021202020192018201720162015
PSCM
Invesco S&P SmallCap Materials ETF		1.03%1.17%0.80%0.81%0.93%0.67%1.56%1.14%1.25%0.61%0.76%1.33%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		14.97%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

PSCM and XLBI 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.

On fees, PSCM is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PSCM is cheaper with a 0.29% expense ratio, compared with 0.35% for XLBI.

XLBI has the higher dividend yield at 14.97%, compared with 1.03% for PSCM.

PSCM is categorized as Materials, while XLBI is Derivative Income. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.29% for PSCM and 0.35% for XLBI.

Portfolio Optimizer

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