WISE vs. XLKI

Last updated Jun 4, 2026

WISE (Themes Generative Artificial Intelligence ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. WISE is passively managed, while XLKI is actively managed. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

WISE vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Generative Artificial Intelligence ETF (WISE) 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, WISE achieves a 11.03% return, which is significantly lower than XLKI's 17.94% return.

WISE

• 1D: -3.13%
• 1M: 11.81%
• YTD: 11.03%
• 6M: 7.21%
• 1Y: 36.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLKI

• 1D: -0.60%
• 1M: 7.65%
• YTD: 17.94%
• 6M: 17.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WISE vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
WISE Themes Generative Artificial Intelligence ETF	11.03%	7.17%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.94%	10.07%

Correlation

The correlation between WISE and XLKI is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.73

WISE vs. XLKI - Sectors Allocation Comparison

Sectors	WISE	XLKI
Technology	90.4%	-
Consumer Cyclical	4.0%	-
Communication Services	3.2%	-
Industrials	1.5%	-
Healthcare	0.7%	-
Utilities	0.3%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	106.8%
Real Estate	-	-

Return for Risk

WISE vs. XLKI — Risk / Return Rank

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

WISE

WISE Risk / Return Rank: 27
WISE Sharpe Ratio Rank: 31
WISE Sortino Ratio Rank: 30
WISE Omega Ratio Rank: 29
WISE Calmar Ratio Rank: 23
WISE Martin Ratio Rank: 21

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.

WISE vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Generative Artificial Intelligence ETF (WISE) 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.

	WISE	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.14	—	—
Sortino ratio: Return per unit of downside risk	1.64	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.07	—	—
Martin ratio: Return relative to average drawdown	2.58	—	—
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

	WISE	XLKI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	2.24	-1.46

Drawdowns

WISE vs. XLKI - Drawdown Comparison

The maximum WISE drawdown since its inception was -39.15%, which is greater than XLKI's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for WISE and XLKI.

Drawdown Indicators

	WISE	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	-10.24%	-28.91%
Max Drawdown (1Y) Largest decline over 1 year	-34.08%	—	—
Current Drawdown Current decline from peak	-5.48%	-0.60%	-4.88%
Average Drawdown Average peak-to-trough decline	-11.90%	-1.61%	-10.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.15%	—	—

Volatility

Volatility by Period

	WISE	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.26%	16.24%	+16.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.55%	16.24%	+17.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.55%	16.24%	+17.31%

WISE vs. XLKI - Expense Ratio Comparison

Both WISE and XLKI have an expense ratio of 0.35%.

Dividends

WISE vs. XLKI - Dividend Comparison

WISE's dividend yield for the trailing twelve months is around 3.71%, less than XLKI's 14.18% yield.

Position	TTM	2025
WISE Themes Generative Artificial Intelligence ETF	3.71%	4.12%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	14.18%	8.52%

Frequently Asked Questions

Can I hold both WISE and XLKI in my portfolio?

WISE and XLKI have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WISE or XLKI?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WISE or XLKI?

WISE and XLKI have the same expense ratio: 0.35% per year.

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

XLKI has the higher dividend yield at 14.18%, compared with 3.71% for WISE.

What is the main difference between WISE and XLKI?

They also come from different issuers: Themes and State Street.