PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XLBI vs. IYM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLBI vs. IYM

Last updated Jul 18, 2026
Documentation

XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and IYM (iShares U.S. Basic Materials ETF) are both exchange-traded funds - XLBI is a Derivative Income fund actively managed by State Street, while IYM is a Materials fund tracking the Dow Jones U.S. Basic Materials Index. XLBI is actively managed, while IYM is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. XLBI charges 0.35%/yr vs 0.42%/yr for IYM.

Performance

XLBI vs. IYM - 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 iShares U.S. Basic Materials ETF (IYM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XLBI achieves a 7.03% return, which is significantly lower than IYM's 13.58% return.

XLBI

1D
-0.44%
1M
-1.63%
6M
4.62%
YTD
7.03%
1Y
—
3Y*
—
5Y*
—
10Y*
—

IYM

1D
-0.67%
1M
-6.99%
6M
3.19%
YTD
13.58%
1Y
22.60%
3Y*
10.39%
5Y*
8.25%
10Y*
9.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLBI vs. IYM - Yearly Performance Comparison

2026 (YTD)2025
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		7.03%2.25%
IYM
iShares U.S. Basic Materials ETF		13.58%6.99%

Correlation

The correlation between XLBI and IYM is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 30, 2025

0.90

XLBI vs. IYM - Sectors Allocation Comparison

Sectors
XLBI
IYM

Financial Services

98.9%

-

Basic Materials

-

84.2%

Communication Services

-

-

Consumer Cyclical

-

3.3%

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

12.3%

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

XLBI
98.9%
IYM

-

Basic Materials

XLBI

-

IYM
84.2%

Communication Services

XLBI

-

IYM

-

Consumer Cyclical

XLBI

-

IYM
3.3%

Consumer Defensive

XLBI

-

IYM

-

Energy

XLBI

-

IYM

-

Healthcare

XLBI

-

IYM

-

Industrials

XLBI

-

IYM
12.3%

Real Estate

XLBI

-

IYM

-

Technology

XLBI

-

IYM

-

Utilities

XLBI

-

IYM

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

State Street Materials Select Sector SPDR Premium Income ETF

iShares U.S. Basic Materials ETF

Often compared with XLBI:
XLBI vs. DVXBXLBI vs. SPYXLBI vs. XLBXLBI vs. BUYWXLBI vs. FXZXLBI vs. SLXXLBI vs. GLD
Often compared with IYM:
IYM vs. VAWIYM vs. MXIIYM vs. IYYIYM vs. CSDIYM vs. VTIIYM vs. IVVIYM vs. SOXX

Return for Risk

XLBI vs. IYM — Risk / Return Rank

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

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

IYM
IYM Risk / Return Rank: 4040
Overall Rank
IYM Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
IYM Sortino Ratio Rank: 3838
Sortino Ratio Rank
IYM Omega Ratio Rank: 3636
Omega Ratio Rank
IYM Calmar Ratio Rank: 4040
Calmar Ratio Rank
IYM Martin Ratio Rank: 4545
Martin Ratio Rank
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.

XLBI vs. IYM - 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 iShares U.S. Basic Materials ETF (IYM). 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.

XLBIIYMDifference
Sharpe ratioReturn per unit of total volatility

—

1.15

—

Sortino ratioReturn per unit of downside risk

—

1.65

—

Omega ratioGain probability vs. loss probability

—

1.20

—

Calmar ratioReturn relative to maximum drawdown

—

1.67

—

Martin ratioReturn relative to average drawdown

—

5.79

—

XLBI vs. IYM - Sharpe Ratio Comparison

Loading charts...

Drawdowns

XLBI vs. IYM - Drawdown Comparison

The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum IYM drawdown of -67.78%. Use the drawdown chart below to compare losses from any high point for XLBI and IYM.

Loading charts...

Drawdown Indicators

XLBIIYMDifference

Max Drawdown

Largest peak-to-trough decline

-10.62%

-67.78%

+57.16%

Max Drawdown (1Y)

Largest decline over 1 year

—

-13.61%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-23.62%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-29.94%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-42.76%

—

Current Drawdown

Current decline from peak

-2.58%

-7.98%

+5.40%

Average Drawdown

Average peak-to-trough decline

-2.11%

-11.42%

+9.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.92%

—

Volatility

XLBI vs. IYM - Volatility Comparison

Loading charts...

Volatility by Period

XLBIIYMDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.90%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

15.79%

—

Volatility (1Y)

Calculated over the trailing 1-year period

13.84%

19.81%

-5.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.84%

20.50%

-6.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.84%

21.69%

-7.85%

XLBI vs. IYM - Expense Ratio Comparison

XLBI has a 0.35% expense ratio, which is lower than IYM's 0.42% expense ratio.

Dividends

XLBI vs. IYM - Dividend Comparison

XLBI's dividend yield for the trailing twelve months is around 14.94%, more than IYM's 1.34% yield.

PositionTTM20252024202320222021202020192018201720162015
IYM
iShares U.S. Basic Materials ETF		1.34%1.51%1.65%1.77%2.14%1.48%1.39%2.08%1.68%1.43%1.47%2.04%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		14.94%7.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.90, XLBI and IYM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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.

XLBI is cheaper with a 0.35% expense ratio, compared with 0.42% for IYM.

XLBI has the higher dividend yield at 14.94%, compared with 1.34% for IYM.

XLBI is categorized as Derivative Income, while IYM is Materials. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLBI and 0.42% for IYM.

Portfolio Optimizer

Find the right allocation for XLBI and IYM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer