TEKY vs. XLKI

Last updated Aug 4, 2026

TEKY (Lazard Next Gen 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, TEKY returned 27.60% vs 26.30% for XLKI. Their correlation of 0.89 means they have usually moved in the same direction. TEKY charges 0.50%/yr vs 0.35%/yr for XLKI.

Performance

TEKY vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Next Gen Technologies ETF (TEKY) 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, TEKY achieves a 16.57% return, which is significantly higher than XLKI's 12.19% return.

TEKY

• 1D: 2.49%
• 1M: -3.12%
• 6M: 17.33%
• YTD: 16.57%
• 1Y: 27.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 52.83%

XLKI

• 1D: 1.38%
• 1M: 0.31%
• 6M: 9.72%
• YTD: 12.19%
• 1Y: 26.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.17%

*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)
TEKY Lazard Next Gen Technologies ETF	$5.02K	$14.04K	$21.08K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$526.89K	$421.64K	$346.32K

TEKY vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	16.57%	6.20%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.19%	10.02%

Correlation

The correlation between TEKY and XLKI is 0.88, 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.	0.88
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.89

The correlation between TEKY and XLKI has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

TEKY vs. XLKI — Risk / Return Rank

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

TEKY

TEKY Risk / Return Rank: 36
TEKY Sharpe Ratio Rank: 37
TEKY Sortino Ratio Rank: 36
TEKY Omega Ratio Rank: 36
TEKY Calmar Ratio Rank: 36
TEKY Martin Ratio Rank: 33

XLKI

XLKI Risk / Return Rank: 57
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 50
XLKI Omega Ratio Rank: 53
XLKI Calmar Ratio Rank: 65
XLKI Martin Ratio Rank: 66

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.

TEKY vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) 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.

	TEKY	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	0.99	1.33	-0.33
Sortino ratio: Return per unit of downside risk	1.46	1.84	-0.38
Omega ratio: Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio: Return relative to maximum drawdown	1.29	2.36	-1.06
Martin ratio: Return relative to average drawdown	3.31	8.25	-4.94

TEKY vs. XLKI - Sharpe Ratio Comparison

The current TEKY Sharpe Ratio is 0.99, which is comparable to the XLKI Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of TEKY 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

TEKY vs. XLKI - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for TEKY and XLKI.

Drawdown Indicators

	TEKY	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-11.21%	-10.22%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	-11.21%	-10.22%
Current Drawdown Current decline from peak	-8.36%	-5.44%	-2.92%
Average Drawdown Average peak-to-trough decline	-5.07%	-2.17%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.35%	3.20%	+5.15%

Volatility

TEKY vs. XLKI - Volatility Comparison

Lazard Next Gen Technologies ETF (TEKY) has a higher volatility of 11.47% compared to State Street Technology Select Sector SPDR Premium Income ETF (XLKI) at 8.46%. This indicates that TEKY's price experiences larger fluctuations and is considered to be riskier than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEKY	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	8.46%	+3.01%
Volatility (6M) Calculated over the trailing 6-month period	23.92%	17.52%	+6.40%
Volatility (1Y) Calculated over the trailing 1-year period	27.97%	19.95%	+8.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.97%	19.92%	+8.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.97%	19.92%	+8.05%

TEKY vs. XLKI - Expense Ratio Comparison

TEKY has a 0.50% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

TEKY vs. XLKI - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, less than XLKI's 19.68% yield.

Position	TTM	2025
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	19.68%	8.52%

Frequently Asked Questions

Can I hold both TEKY and XLKI in my portfolio?

TEKY and XLKI have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEKY or XLKI?

TEKY has higher volatility (11.47%) compared to XLKI (8.46%). In terms of maximum drawdown, TEKY dropped -21.43% vs XLKI's -11.21%.

Which ETF is better, TEKY or XLKI?

On 1-year performance, TEKY leads with 27.60% vs 26.30% for XLKI. On fees, XLKI is cheaper at 0.35% per year. On volatility, XLKI has been the lower-risk option at 8.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKY or XLKI?

Over the 1-year period, TEKY has performed better with a 27.60% return vs 26.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKY or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.50% for TEKY.

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

XLKI has the higher dividend yield at 19.68%, compared with 0.17% for TEKY.

What is the main difference between TEKY and XLKI?

They also come from different issuers: Lazard and State Street. Their fees differ too: 0.50% for TEKY and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.33 vs 0.99), 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.