VERS vs. XLKI

Last updated Aug 4, 2026

VERS (ProShares Metaverse ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. VERS is passively managed, while XLKI is actively managed. Over the past year, VERS returned 30.33% vs 26.30% for XLKI. Their correlation of 0.81 means they have usually moved in the same direction. VERS charges 0.58%/yr vs 0.35%/yr for XLKI.

Performance

VERS vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Metaverse ETF (VERS) 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, VERS achieves a 13.04% return, which is significantly higher than XLKI's 12.19% return.

VERS

• 1D: 2.32%
• 1M: -4.07%
• 6M: 17.46%
• YTD: 13.04%
• 1Y: 30.33%
• 3Y*: 21.02%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.68%

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)
VERS ProShares Metaverse ETF	$16.57K	$13.70K	$31.46K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$526.89K	$421.64K	$346.32K

VERS vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
VERS ProShares Metaverse ETF	13.04%	11.29%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.19%	10.02%

Correlation

The correlation between VERS and XLKI is 0.81, 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.	0.81
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.81

The correlation between VERS and XLKI has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.

VERS vs. XLKI - Sectors Allocation Comparison

Sectors	VERS	XLKI
Technology	72.3%	99.2%
Communication Services	22.9%	0.8%
Consumer Cyclical	4.2%	-
Real Estate	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	99.9%
Healthcare	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

VERS vs. XLKI — Risk / Return Rank

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

VERS

VERS Risk / Return Rank: 35
VERS Sharpe Ratio Rank: 37
VERS Sortino Ratio Rank: 36
VERS Omega Ratio Rank: 35
VERS Calmar Ratio Rank: 36
VERS Martin Ratio Rank: 32

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.

VERS vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Metaverse ETF (VERS) 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.

	VERS	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	1.32	2.36	-1.04
Martin ratio: Return relative to average drawdown	3.07	8.25	-5.18

VERS vs. XLKI - Sharpe Ratio Comparison

The current VERS 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 VERS 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

VERS vs. XLKI - Drawdown Comparison

The maximum VERS drawdown since its inception was -42.13%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for VERS and XLKI.

Drawdown Indicators

	VERS	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-42.13%	-11.21%	-30.92%
Max Drawdown (1Y) Largest decline over 1 year	-23.15%	-11.21%	-11.94%
Max Drawdown (3Y) Largest decline over 3 years	-29.34%	—	—
Current Drawdown Current decline from peak	-18.03%	-5.44%	-12.59%
Average Drawdown Average peak-to-trough decline	-15.01%	-2.17%	-12.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.91%	3.20%	+6.71%

Volatility

VERS vs. XLKI - Volatility Comparison

ProShares Metaverse ETF (VERS) has a higher volatility of 10.09% compared to State Street Technology Select Sector SPDR Premium Income ETF (XLKI) at 8.46%. This indicates that VERS'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

	VERS	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.09%	8.46%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	25.49%	17.52%	+7.97%
Volatility (1Y) Calculated over the trailing 1-year period	30.70%	19.95%	+10.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.75%	19.92%	+11.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.75%	19.92%	+11.83%

VERS vs. XLKI - Expense Ratio Comparison

VERS has a 0.58% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

VERS vs. XLKI - Dividend Comparison

VERS's dividend yield for the trailing twelve months is around 0.13%, less than XLKI's 19.68% yield.

Position	TTM	2025	2024	2023	2022
VERS ProShares Metaverse ETF	0.13%	0.52%	0.58%	0.63%	0.44%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	19.68%	8.52%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VERS and XLKI in my portfolio?

VERS and XLKI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VERS or XLKI?

VERS has higher volatility (10.09%) compared to XLKI (8.46%). In terms of maximum drawdown, VERS dropped -42.13% vs XLKI's -11.21%.

Which ETF is better, VERS or XLKI?

On 1-year performance, VERS leads with 30.33% 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, VERS or XLKI?

Over the 1-year period, VERS has performed better with a 30.33% return vs 26.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VERS or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.58% for VERS.

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

XLKI has the higher dividend yield at 19.68%, compared with 0.13% for VERS.

What is the main difference between VERS and XLKI?

They also come from different issuers: ProShares and State Street. Their fees differ too: 0.58% for VERS 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.