SOXY vs. XLUI

Last updated Aug 4, 2026

SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) and XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) are both exchange-traded funds - SOXY is a Derivative Income fund actively managed by YieldMax, while XLUI is a Utilities Equities fund actively managed by State Street. Both are actively managed. Over the past year, SOXY returned 95.22% vs 7.84% for XLUI. Their 0.13 correlation means their historical movements had little consistent relationship. SOXY charges 1.06%/yr vs 0.35%/yr for XLUI.

Performance

SOXY vs. XLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXY achieves a 59.66% return, which is significantly higher than XLUI's 7.70% return.

SOXY

• 1D: 0.84%
• 1M: -11.28%
• 6M: 41.13%
• YTD: 59.66%
• 1Y: 95.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 59.08%

XLUI

• 1D: -0.48%
• 1M: -2.27%
• 6M: 7.39%
• YTD: 7.70%
• 1Y: 7.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.90%

*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)
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.40M	$2.09M
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	$814.78K	$739.79K	$655.05K

SOXY vs. XLUI - Yearly Performance Comparison

	2026 (YTD)	2025
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	59.66%	18.25%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	7.70%	0.27%

Correlation

The correlation between SOXY and XLUI is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.13

SOXY vs. XLUI - Sectors Allocation Comparison

Sectors	SOXY	XLUI
Technology	100.0%	-
Financial Services	0.1%	100.4%
Consumer Defensive	0.0%	-
Healthcare	0.0%	-
Industrials	0.0%	-
Basic Materials	0.0%	-
Energy	0.0%	-
Communication Services	0.0%	-
Consumer Cyclical	0.0%	-
Utilities	0.0%	-
Real Estate	-	-

Return for Risk

SOXY vs. XLUI — Risk / Return Rank

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

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 92
SOXY Sortino Ratio Rank: 84
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

XLUI

XLUI Risk / Return Rank: 30
XLUI Sharpe Ratio Rank: 29
XLUI Sortino Ratio Rank: 26
XLUI Omega Ratio Rank: 27
XLUI Calmar Ratio Rank: 37
XLUI Martin Ratio Rank: 33

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.

SOXY vs. XLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). 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.

	SOXY	XLUI	Difference
Sharpe ratio: Return per unit of total volatility	2.41	0.70	+1.71
Sortino ratio: Return per unit of downside risk	2.81	0.99	+1.83
Omega ratio: Gain probability vs. loss probability	1.38	1.13	+0.25
Calmar ratio: Return relative to maximum drawdown	3.35	1.31	+2.04
Martin ratio: Return relative to average drawdown	14.82	3.11	+11.71

SOXY vs. XLUI - Sharpe Ratio Comparison

The current SOXY Sharpe Ratio is 2.41, which is higher than the XLUI Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of SOXY and XLUI, 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

SOXY vs. XLUI - Drawdown Comparison

The maximum SOXY drawdown since its inception was -30.22%, which is greater than XLUI's maximum drawdown of -6.01%. Use the drawdown chart below to compare losses from any high point for SOXY and XLUI.

Drawdown Indicators

	SOXY	XLUI	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	-6.01%	-24.21%
Max Drawdown (1Y) Largest decline over 1 year	-28.56%	-6.01%	-22.55%
Current Drawdown Current decline from peak	-21.05%	-4.10%	-16.95%
Average Drawdown Average peak-to-trough decline	-5.53%	-1.87%	-3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.45%	2.53%	+3.92%

Volatility

SOXY vs. XLUI - Volatility Comparison

YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a higher volatility of 17.94% compared to State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) at 3.45%. This indicates that SOXY's price experiences larger fluctuations and is considered to be riskier than XLUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXY	XLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.94%	3.45%	+14.49%
Volatility (6M) Calculated over the trailing 6-month period	35.55%	8.96%	+26.59%
Volatility (1Y) Calculated over the trailing 1-year period	39.88%	11.35%	+28.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.26%	11.29%	+27.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.26%	11.29%	+27.97%

SOXY vs. XLUI - Expense Ratio Comparison

SOXY has a 1.06% expense ratio, which is higher than XLUI's 0.35% expense ratio.

Dividends

SOXY vs. XLUI - Dividend Comparison

SOXY's dividend yield for the trailing twelve months is around 9.34%, less than XLUI's 14.76% yield.

Position	TTM	2025
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.34%	11.47%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	14.76%	7.12%

Frequently Asked Questions

Can I hold both SOXY and XLUI in my portfolio?

SOXY and XLUI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOXY or XLUI?

SOXY has higher volatility (17.94%) compared to XLUI (3.45%). In terms of maximum drawdown, SOXY dropped -30.22% vs XLUI's -6.01%.

Which ETF is better, SOXY or XLUI?

On 1-year performance, SOXY leads with 95.22% vs 7.84% for XLUI. On fees, XLUI is cheaper at 0.35% per year. On volatility, XLUI has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXY or XLUI?

Over the 1-year period, SOXY has performed better with a 95.22% return vs 7.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXY or XLUI?

XLUI is cheaper with a 0.35% expense ratio, compared with 1.06% for SOXY.

Which ETF pays a higher dividend yield, SOXY or XLUI?

XLUI has the higher dividend yield at 14.76%, compared with 9.34% for SOXY.

What is the main difference between SOXY and XLUI?

SOXY is categorized as Derivative Income, while XLUI is Utilities Equities. They also come from different issuers: YieldMax and State Street. Their fees differ too: 1.06% for SOXY and 0.35% for XLUI.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (2.41 vs 0.70), 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.