XLBI vs. FINY

Last updated Jul 4, 2026

XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and FINY (GraniteShares YieldBOOST Financials ETF) are both Derivative Income funds. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. XLBI charges 0.35%/yr vs 1.07%/yr for FINY.

Performance

XLBI vs. FINY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Materials Select Sector SPDR Premium Income ETF (XLBI) and GraniteShares YieldBOOST Financials ETF (FINY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XLBI

• 1D: 1.46%
• 1M: 1.88%
• 6M: 8.43%
• YTD: 9.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FINY

• 1D: 0.06%
• 1M: 3.31%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLBI vs. FINY - Yearly Performance Comparison

	2026 (YTD)
XLBI State Street Materials Select Sector SPDR Premium Income ETF	4.19%
FINY GraniteShares YieldBOOST Financials ETF	5.18%

Correlation

The correlation between XLBI and FINY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.13

Return for Risk

XLBI vs. FINY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Materials Select Sector SPDR Premium Income ETF (XLBI) and GraniteShares YieldBOOST Financials ETF (FINY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

XLBI vs. FINY - Drawdown Comparison

The maximum XLBI drawdown since its inception was -10.62%, which is greater than FINY's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for XLBI and FINY.

Drawdown Indicators

	XLBI	FINY	Difference
Max Drawdown Largest peak-to-trough decline	-10.62%	-0.63%	-9.99%
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-2.10%	-0.06%	-2.04%

Volatility

Volatility by Period

	XLBI	FINY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.70%	4.45%	+9.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.70%	4.45%	+9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.70%	4.45%	+9.25%

XLBI vs. FINY - Expense Ratio Comparison

XLBI has a 0.35% expense ratio, which is lower than FINY's 1.07% expense ratio.

Dividends

XLBI vs. FINY - Dividend Comparison

XLBI's dividend yield for the trailing twelve months is around 14.62%, more than FINY's 4.38% yield.

Position	TTM	2025
FINY GraniteShares YieldBOOST Financials ETF	4.38%	0.00%
XLBI State Street Materials Select Sector SPDR Premium Income ETF	14.62%	7.71%

Frequently Asked Questions

Can I hold both XLBI and FINY in my portfolio?

XLBI and FINY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLBI or FINY?

On fees, XLBI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLBI or FINY?

XLBI is cheaper with a 0.35% expense ratio, compared with 1.07% for FINY.

Which ETF pays a higher dividend yield, XLBI or FINY?

XLBI has the higher dividend yield at 14.62%, compared with 4.38% for FINY.

What is the main difference between XLBI and FINY?

They also come from different issuers: State Street and GraniteShares. Their fees differ too: 0.35% for XLBI and 1.07% for FINY.