XLBI vs. THTA
XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. XLBI charges 0.35%/yr vs 0.49%/yr for THTA.
Performance
XLBI vs. THTA - Performance Comparison
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Returns By Period
In the year-to-date period, XLBI achieves a 6.64% return, which is significantly lower than THTA's 7.77% return.
XLBI
- 1D
- -0.79%
- 1M
- -0.53%
- 6M
- 2.93%
- YTD
- 6.64%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
THTA
- 1D
- -0.41%
- 1M
- 0.19%
- 6M
- 7.12%
- YTD
- 7.77%
- 1Y
- 15.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $975.26K | $828.12K | $746.21K | |
| $113.99K | $122.71K | $145.29K |
XLBI vs. THTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLBI State Street Materials Select Sector SPDR Premium Income ETF | 6.64% | 2.25% |
THTA SoFi Enhanced Yield ETF | 7.77% | 6.73% |
Correlation
The correlation between XLBI and THTA is 0.29, 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 Jul 30, 2025 | 0.29 |
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Return for Risk
XLBI vs. THTA — Risk / Return Rank
XLBI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
THTA
XLBI vs. THTA - 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 SoFi Enhanced Yield ETF (THTA). 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 | THTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.66 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.91 | — |
| Martin ratioReturn relative to average drawdown | — | 44.81 | — |
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Drawdowns
XLBI vs. THTA - Drawdown Comparison
The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for XLBI and THTA.
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Drawdown Indicators
| XLBI | THTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.62% | -31.41% | +20.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.64% | — |
Current DrawdownCurrent decline from peak | -2.93% | -5.99% | +3.06% |
Average DrawdownAverage peak-to-trough decline | -2.12% | -7.43% | +5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.35% | — |
Volatility
XLBI vs. THTA - Volatility Comparison
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Volatility by Period
| XLBI | THTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.73% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.47% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 5.93% | +7.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.81% | 19.75% | -5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.81% | 19.75% | -5.94% |
XLBI vs. THTA - Expense Ratio Comparison
XLBI has a 0.35% expense ratio, which is lower than THTA's 0.49% expense ratio.
Dividends
XLBI vs. THTA - Dividend Comparison
XLBI's dividend yield for the trailing twelve months is around 15.00%, more than THTA's 11.08% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
THTA SoFi Enhanced Yield ETF | 11.08% | 12.66% | 12.44% | 0.58% |
XLBI State Street Materials Select Sector SPDR Premium Income ETF | 15.00% | 7.71% | 0.00% | 0.00% |
Frequently Asked Questions
XLBI and THTA have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.49% for THTA.
XLBI has the higher dividend yield at 15.00%, compared with 11.08% for THTA.
They also come from different issuers: State Street and SoFi. Their fees differ too: 0.35% for XLBI and 0.49% for THTA.
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