WEEI vs. XLEI

Last updated Apr 2, 2026

Compare and contrast key facts about Westwood Salient Enhanced Energy Income ETF (WEEI) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI).

WEEI and XLEI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEEI is an actively managed fund by Westwood. It was launched on Apr 30, 2024. XLEI is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 29, 2025.

Performance

WEEI vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

WEEI vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
WEEI Westwood Salient Enhanced Energy Income ETF	16.39%	5.74%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	17.92%	6.77%

Returns By Period

In the year-to-date period, WEEI achieves a 16.39% return, which is significantly lower than XLEI's 17.92% return.

WEEI

• 1D: -2.34%
• 1M: 1.98%
• YTD: 16.39%
• 6M: 20.27%
• 1Y: 18.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLEI

• 1D: -2.12%
• 1M: 4.17%
• YTD: 17.92%
• 6M: 22.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEEI vs. XLEI - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is higher than XLEI's 0.35% expense ratio.

WEEI

Westwood Salient Enhanced Energy Income ETF

XLEI

State Street Energy Select Sector SPDR Premium Income ETF

Return for Risk

WEEI vs. XLEI — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 42
WEEI Sharpe Ratio Rank: 47
WEEI Sortino Ratio Rank: 41
WEEI Omega Ratio Rank: 53
WEEI Calmar Ratio Rank: 37
WEEI Martin Ratio Rank: 33

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.

WEEI vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) 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.

	WEEI	XLEI	Difference
Sharpe ratio Return per unit of total volatility	0.90	—	—
Sortino ratio Return per unit of downside risk	1.21	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.03	—	—
Martin ratio Return relative to average drawdown	3.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WEEI	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	3.50	-2.81

Correlation

The correlation between WEEI and XLEI is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WEEI vs. XLEI - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.24%, less than XLEI's 13.66% yield.

	TTM	2025	2024
WEEI Westwood Salient Enhanced Energy Income ETF	11.24%	12.59%	7.20%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	13.66%	10.17%	0.00%

Drawdowns

WEEI vs. XLEI - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, which is greater than XLEI's maximum drawdown of -5.31%. Use the drawdown chart below to compare losses from any high point for WEEI and XLEI.

Drawdown Indicators

	WEEI	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-5.31%	-13.47%
Max Drawdown (1Y) Largest decline over 1 year	-18.36%	—	—
Current Drawdown Current decline from peak	-3.31%	-3.02%	-0.29%
Average Drawdown Average peak-to-trough decline	-4.20%	-0.95%	-3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.09%	—	—

Volatility

Volatility by Period

	WEEI	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	11.73%	+8.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.24%	11.73%	+6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.24%	11.73%	+6.51%