TEC vs. XLKI

Last updated Aug 2, 2026

TEC (Harbor Transformative Technologies ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TEC returned 27.03% vs 24.59% for XLKI. Their correlation of 0.91 means they have usually moved in the same direction. TEC charges 0.69%/yr vs 0.35%/yr for XLKI.

Performance

TEC vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Transformative Technologies ETF (TEC) 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, TEC achieves a 12.93% return, which is significantly higher than XLKI's 10.67% return.

TEC

• 1D: 1.31%
• 1M: -1.99%
• 6M: 14.71%
• YTD: 12.93%
• 1Y: 27.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 46.08%

XLKI

• 1D: 0.01%
• 1M: -1.06%
• 6M: 9.29%
• YTD: 10.67%
• 1Y: 24.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.71%

*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)
TEC Harbor Transformative Technologies ETF	$6.58K	$8.72K	$15.46K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$514.98K	$430.22K	$356.64K

TEC vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
TEC Harbor Transformative Technologies ETF	12.93%	9.52%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	10.67%	10.02%

Correlation

The correlation between TEC and XLKI is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.91

The correlation between TEC and XLKI has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

TEC vs. XLKI - Sectors Allocation Comparison

Sectors	TEC	XLKI
Technology	72.0%	99.2%
Communication Services	11.3%	0.8%
Consumer Cyclical	8.6%	-
Healthcare	3.8%	-
Industrials	2.3%	-
Utilities	1.1%	-
Financial Services	0.9%	99.9%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-

Return for Risk

TEC vs. XLKI — Risk / Return Rank

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

TEC

TEC Risk / Return Rank: 39
TEC Sharpe Ratio Rank: 42
TEC Sortino Ratio Rank: 41
TEC Omega Ratio Rank: 39
TEC Calmar Ratio Rank: 39
TEC Martin Ratio Rank: 37

XLKI

XLKI Risk / Return Rank: 51
XLKI Sharpe Ratio Rank: 46
XLKI Sortino Ratio Rank: 43
XLKI Omega Ratio Rank: 47
XLKI Calmar Ratio Rank: 57
XLKI Martin Ratio Rank: 60

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.

TEC vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) 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.

	TEC	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.04	1.13	-0.09
Sortino ratio: Return per unit of downside risk	1.53	1.61	-0.09
Omega ratio: Gain probability vs. loss probability	1.19	1.22	-0.03
Calmar ratio: Return relative to maximum drawdown	1.38	2.02	-0.64
Martin ratio: Return relative to average drawdown	3.92	7.10	-3.19

TEC vs. XLKI - Sharpe Ratio Comparison

The current TEC Sharpe Ratio is 1.04, which is comparable to the XLKI Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of TEC and XLKI, 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

TEC vs. XLKI - Drawdown Comparison

The maximum TEC drawdown since its inception was -17.50%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for TEC and XLKI.

Drawdown Indicators

	TEC	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-11.21%	-6.29%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-11.21%	-6.29%
Current Drawdown Current decline from peak	-7.37%	-6.73%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.76%	-2.16%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.16%	3.18%	+2.98%

Volatility

TEC vs. XLKI - Volatility Comparison

The current volatility for Harbor Transformative Technologies ETF (TEC) is 8.16%, while State Street Technology Select Sector SPDR Premium Income ETF (XLKI) has a volatility of 8.68%. This indicates that TEC experiences smaller price fluctuations and is considered to be less risky than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEC	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.16%	8.68%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	18.75%	17.55%	+1.20%
Volatility (1Y) Calculated over the trailing 1-year period	23.16%	19.96%	+3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.53%	19.92%	+2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.53%	19.92%	+2.61%

TEC vs. XLKI - Expense Ratio Comparison

TEC has a 0.69% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

TEC vs. XLKI - Dividend Comparison

TEC has not paid dividends to shareholders, while XLKI's dividend yield for the trailing twelve months is around 17.91%.

Position	TTM	2025
TEC Harbor Transformative Technologies ETF	0.00%	0.00%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.91%	8.52%

Frequently Asked Questions

Can I hold both TEC and XLKI in my portfolio?

With a correlation of 0.91, TEC and XLKI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TEC or XLKI?

XLKI has higher volatility (8.68%) compared to TEC (8.16%). In terms of maximum drawdown, TEC dropped -17.50% vs XLKI's -11.21%.

Which ETF is better, TEC or XLKI?

On 1-year performance, TEC leads with 27.03% vs 24.59% for XLKI. On fees, XLKI is cheaper at 0.35% per year. On volatility, TEC has been the lower-risk option at 8.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEC or XLKI?

Over the 1-year period, TEC has performed better with a 27.03% return vs 24.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEC or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.69% for TEC.

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

XLKI has the higher dividend yield at 17.91%, compared with 0.00% for TEC.

What is the main difference between TEC and XLKI?

They also come from different issuers: Harbor and State Street. Their fees differ too: 0.69% for TEC and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.13 vs 1.04), 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.