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XLBI vs. SPYM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLBI vs. SPYM

Last updated Jul 24, 2026
Documentation

XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and SPYM (State Street SPDR Portfolio S&P 500 ETF) are both exchange-traded funds - XLBI is a Derivative Income fund actively managed by State Street, while SPYM is a S&P 500 fund tracking the S&P 500 Index. XLBI is actively managed, while SPYM is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. XLBI charges 0.35%/yr vs 0.02%/yr for SPYM.

Performance

XLBI vs. SPYM - 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 State Street SPDR Portfolio S&P 500 ETF (SPYM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLBI achieves a 6.64% return, which is significantly lower than SPYM's 8.91% return.

XLBI

1D
-0.79%
1M
-0.53%
6M
2.93%
YTD
6.64%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

SPYM

1D
-1.20%
1M
0.65%
6M
7.78%
YTD
8.91%
1Y
17.83%
3Y*
19.15%
5Y*
12.50%
10Y*
14.99%
ALL TIME*
11.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

SPYM

State Street SPDR Portfolio S&P 500 ETF
$903.97M$1.04B$1.08B

XLBI

State Street Materials Select Sector SPDR Premium Income ETF
$113.99K$122.71K$145.29K

XLBI vs. SPYM - Yearly Performance Comparison

2026 (YTD)2025
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		6.64%2.25%
SPYM
State Street SPDR Portfolio S&P 500 ETF		8.91%7.98%

Correlation

The correlation between XLBI and SPYM is 0.55, 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 30, 2025

0.55

XLBI vs. SPYM - Sectors Allocation Comparison

Sectors
XLBI
SPYM

Financial Services

100.7%
11.6%

Basic Materials

-

1.7%

Communication Services

-

9.9%

Consumer Cyclical

-

9.5%

Consumer Defensive

-

4.5%

Energy

-

3.0%

Healthcare

-

8.9%

Industrials

-

8.4%

Real Estate

-

1.8%

Technology

-

38.5%

Utilities

-

2.2%

Financial Services

XLBI
100.7%
SPYM
11.6%

Basic Materials

XLBI

-

SPYM
1.7%

Communication Services

XLBI

-

SPYM
9.9%

Consumer Cyclical

XLBI

-

SPYM
9.5%

Consumer Defensive

XLBI

-

SPYM
4.5%

Energy

XLBI

-

SPYM
3.0%

Healthcare

XLBI

-

SPYM
8.9%

Industrials

XLBI

-

SPYM
8.4%

Real Estate

XLBI

-

SPYM
1.8%

Technology

XLBI

-

SPYM
38.5%

Utilities

XLBI

-

SPYM
2.2%

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

State Street SPDR Portfolio S&P 500 ETF

Often compared with XLBI:
XLBI vs. DVXBXLBI vs. GLDXLBI vs. SPYXLBI vs. ACYSXLBI vs. XLBXLBI vs. FXZXLBI vs. SLX
Often compared with SPYM:
SPYM vs. VOOSPYM vs. SPYSPYM vs. QQQMSPYM vs. SPMOSPYM vs. VTISPYM vs. SPYGSPYM vs. SCHG

Return for Risk

XLBI vs. SPYM — 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.

SPYM
SPYM Risk / Return Rank: 5656
Overall Rank
SPYM Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
SPYM Sortino Ratio Rank: 5353
Sortino Ratio Rank
SPYM Omega Ratio Rank: 5353
Omega Ratio Rank
SPYM Calmar Ratio Rank: 5353
Calmar Ratio Rank
SPYM Martin Ratio Rank: 6666
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. SPYM - 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 State Street SPDR Portfolio S&P 500 ETF (SPYM). 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.

XLBISPYMDifference
Sharpe ratioReturn per unit of total volatility

—

1.42

—

Sortino ratioReturn per unit of downside risk

—

1.99

—

Omega ratioGain probability vs. loss probability

—

1.26

—

Calmar ratioReturn relative to maximum drawdown

—

2.01

—

Martin ratioReturn relative to average drawdown

—

8.70

—

XLBI vs. SPYM - Sharpe Ratio Comparison

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Drawdowns

XLBI vs. SPYM - Drawdown Comparison

The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum SPYM drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for XLBI and SPYM.

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Drawdown Indicators

XLBISPYMDifference

Max Drawdown

Largest peak-to-trough decline

-10.62%

-54.46%

+43.84%

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.90%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-18.72%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.48%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.87%

—

Current Drawdown

Current decline from peak

-2.93%

-2.52%

-0.41%

Average Drawdown

Average peak-to-trough decline

-2.12%

-7.12%

+5.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.05%

—

Volatility

XLBI vs. SPYM - Volatility Comparison

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Volatility by Period

XLBISPYMDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.26%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

9.87%

—

Volatility (1Y)

Calculated over the trailing 1-year period

13.81%

12.66%

+1.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.81%

16.90%

-3.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.81%

18.00%

-4.19%

XLBI vs. SPYM - Expense Ratio Comparison

XLBI has a 0.35% expense ratio, which is higher than SPYM's 0.02% expense ratio.

Dividends

XLBI vs. SPYM - Dividend Comparison

XLBI's dividend yield for the trailing twelve months is around 15.00%, more than SPYM's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
SPYM
State Street SPDR Portfolio S&P 500 ETF		1.05%1.13%1.28%1.44%1.69%1.25%1.54%1.79%2.23%1.75%1.97%1.98%
XLBI
State Street Materials Select Sector SPDR Premium Income ETF		15.00%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

XLBI and SPYM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPYM is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPYM is cheaper with a 0.02% expense ratio, compared with 0.35% for XLBI.

XLBI has the higher dividend yield at 15.00%, compared with 1.05% for SPYM.

XLBI is categorized as Derivative Income, while SPYM is S&P 500. Their fees differ too: 0.35% for XLBI and 0.02% for SPYM.

Portfolio Optimizer

Find the right allocation for XLBI and SPYM

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