RNWZ vs. XLEI

Last updated Jun 23, 2026

RNWZ (TrueShares Eagle Global Renewable Energy Income ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both Energy Equities funds. RNWZ is actively managed, while XLEI is passively managed. At a 0.12 correlation, their price movements are largely independent. RNWZ charges 0.75%/yr vs 0.35%/yr for XLEI.

Performance

RNWZ vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) 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

The year-to-date returns for both investments are quite close, with RNWZ having a 14.05% return and XLEI slightly higher at 14.33%.

RNWZ

• 1D: 1.10%
• 1M: -2.56%
• YTD: 14.05%
• 6M: 15.05%
• 1Y: 33.86%
• 3Y*: 11.78%
• 5Y*: —
• 10Y*: —

XLEI

• 1D: 1.50%
• 1M: -4.84%
• YTD: 14.33%
• 6M: 15.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RNWZ vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	14.05%	13.11%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	14.33%	6.17%

Correlation

The correlation between RNWZ and XLEI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.12

RNWZ vs. XLEI - Sectors Allocation Comparison

Sectors	RNWZ	XLEI
Utilities	41.0%	-
Financial Services	6.7%	100.3%
Industrials	5.3%	-
Basic Materials	4.8%	-
Energy	3.7%	100.0%
Real Estate	3.1%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

RNWZ vs. XLEI — Risk / Return Rank

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

RNWZ

RNWZ Risk / Return Rank: 73
RNWZ Sharpe Ratio Rank: 72
RNWZ Sortino Ratio Rank: 69
RNWZ Omega Ratio Rank: 68
RNWZ Calmar Ratio Rank: 86
RNWZ Martin Ratio Rank: 68

XLEI

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.

RNWZ vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) 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.

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.

	RNWZ	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	4.62	—	—
Martin ratio: Return relative to average drawdown	12.19	—	—

Drawdowns

RNWZ vs. XLEI - Drawdown Comparison

The maximum RNWZ drawdown since its inception was -24.90%, which is greater than XLEI's maximum drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for RNWZ and XLEI.

Drawdown Indicators

	RNWZ	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-24.90%	-7.98%	-16.92%
Max Drawdown (1Y) Largest decline over 1 year	-7.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.74%	—	—
Current Drawdown Current decline from peak	-6.30%	-5.98%	-0.32%
Average Drawdown Average peak-to-trough decline	-7.16%	-1.66%	-5.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	—	—

Volatility

Volatility by Period

	RNWZ	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	13.92%	+1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.96%	13.92%	+3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	13.92%	+3.04%

RNWZ vs. XLEI - Expense Ratio Comparison

RNWZ has a 0.75% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

RNWZ vs. XLEI - Dividend Comparison

RNWZ's dividend yield for the trailing twelve months is around 1.96%, less than XLEI's 17.47% yield.

Position	TTM	2025	2024	2023	2022
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	1.96%	2.12%	2.36%	3.87%	0.01%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	17.47%	10.17%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RNWZ and XLEI in my portfolio?

RNWZ and XLEI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RNWZ 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, RNWZ or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.75% for RNWZ.

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

XLEI has the higher dividend yield at 17.47%, compared with 1.96% for RNWZ.

What is the main difference between RNWZ and XLEI?

They also come from different issuers: TrueShares and State Street. Their fees differ too: 0.75% for RNWZ and 0.35% for XLEI.