XLBI vs. RSPM

Last updated Jul 17, 2026

XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and RSPM (Invesco S&P 500® Equal Weight Materials ETF) are both exchange-traded funds - XLBI is a Derivative Income fund actively managed by State Street, while RSPM is a Materials fund tracking the S&P 500 Equal Weight Materials Index. XLBI is actively managed, while RSPM is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. XLBI charges 0.35%/yr vs 0.40%/yr for RSPM.

Performance

XLBI vs. RSPM - 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 Invesco S&P 500® Equal Weight Materials ETF (RSPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLBI achieves a 7.51% return, which is significantly lower than RSPM's 14.23% return.

XLBI

• 1D: 0.44%
• 1M: -2.14%
• 6M: 4.80%
• YTD: 7.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSPM

• 1D: -0.47%
• 1M: -2.00%
• 6M: 5.79%
• YTD: 14.23%
• 1Y: 16.86%
• 3Y*: 7.39%
• 5Y*: 5.81%
• 10Y*: 10.17%

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

XLBI vs. RSPM - Yearly Performance Comparison

	2026 (YTD)	2025
XLBI State Street Materials Select Sector SPDR Premium Income ETF	7.51%	2.25%
RSPM Invesco S&P 500® Equal Weight Materials ETF	14.23%	2.16%

Correlation

The correlation between XLBI and RSPM is 0.92, 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	0.92

XLBI vs. RSPM - Sectors Allocation Comparison

Sectors	XLBI	RSPM
Financial Services	98.9%	0.4%
Basic Materials	-	79.0%
Communication Services	-	-
Consumer Cyclical	-	21.0%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	3.5%
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

XLBI vs. RSPM — 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.

RSPM

RSPM Risk / Return Rank: 31
RSPM Sharpe Ratio Rank: 31
RSPM Sortino Ratio Rank: 31
RSPM Omega Ratio Rank: 29
RSPM Calmar Ratio Rank: 33
RSPM Martin Ratio Rank: 30

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. RSPM - 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 Invesco S&P 500® Equal Weight Materials ETF (RSPM). 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.

	XLBI	RSPM	Difference
Sharpe ratio: Return per unit of total volatility	—	0.91	—
Sortino ratio: Return per unit of downside risk	—	1.41	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.37	—
Martin ratio: Return relative to average drawdown	—	3.52	—

Drawdowns

XLBI vs. RSPM - Drawdown Comparison

The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum RSPM drawdown of -61.18%. Use the drawdown chart below to compare losses from any high point for XLBI and RSPM.

Drawdown Indicators

	XLBI	RSPM	Difference
Max Drawdown Largest peak-to-trough decline	-10.62%	-61.18%	+50.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.84%	—
Current Drawdown Current decline from peak	-2.14%	-5.40%	+3.26%
Average Drawdown Average peak-to-trough decline	-2.11%	-8.77%	+6.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.80%	—

Volatility

Volatility by Period

	XLBI	RSPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	18.73%	-4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	20.20%	-6.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.86%	21.87%	-8.01%

XLBI vs. RSPM - Expense Ratio Comparison

XLBI has a 0.35% expense ratio, which is lower than RSPM's 0.40% expense ratio.

Dividends

XLBI vs. RSPM - Dividend Comparison

XLBI's dividend yield for the trailing twelve months is around 14.88%, more than RSPM's 1.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSPM Invesco S&P 500® Equal Weight Materials ETF	1.78%	2.06%	2.04%	2.05%	2.19%	1.43%	1.57%	1.81%	1.83%	1.50%	1.28%	1.57%
XLBI State Street Materials Select Sector SPDR Premium Income ETF	14.88%	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

Can I hold both XLBI and RSPM in my portfolio?

With a correlation of 0.92, XLBI and RSPM 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.

Which ETF is better, XLBI or RSPM?

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 RSPM?

XLBI is cheaper with a 0.35% expense ratio, compared with 0.40% for RSPM.

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

XLBI has the higher dividend yield at 14.88%, compared with 1.78% for RSPM.

What is the main difference between XLBI and RSPM?

XLBI is categorized as Derivative Income, while RSPM is Materials. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.35% for XLBI and 0.40% for RSPM.