XLBI vs. XLE
XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - XLBI is a Derivative Income fund actively managed by State Street, while XLE is a Energy Equities fund tracking the Energy Select Sector Index. XLBI is actively managed, while XLE is passively managed. At a 0.08 correlation, their price movements are largely independent. XLBI charges 0.35%/yr vs 0.08%/yr for XLE.
Performance
XLBI vs. XLE - Performance Comparison
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Returns By Period
In the year-to-date period, XLBI achieves a 9.39% return, which is significantly lower than XLE's 20.68% return.
XLBI
- 1D
- 1.46%
- 1M
- 1.88%
- 6M
- 8.43%
- YTD
- 9.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLE
- 1D
- 0.78%
- 1M
- -8.70%
- 6M
- 18.19%
- YTD
- 20.68%
- 1Y
- 26.11%
- 3Y*
- 12.93%
- 5Y*
- 18.48%
- 10Y*
- 8.82%
XLBI vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLBI State Street Materials Select Sector SPDR Premium Income ETF | 9.39% | 2.25% |
XLE State Street Energy Select Sector SPDR ETF | 20.68% | 2.25% |
Correlation
The correlation between XLBI and XLE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.08 |
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Return for Risk
XLBI vs. XLE — Risk / Return Rank
XLBI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLE
XLBI vs. XLE - 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 Energy Select Sector SPDR ETF (XLE). 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 | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.76 | — |
| Martin ratioReturn relative to average drawdown | — | 5.03 | — |
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Drawdowns
XLBI vs. XLE - Drawdown Comparison
The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for XLBI and XLE.
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Drawdown Indicators
| XLBI | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.62% | -71.26% | +60.64% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.81% | — |
Current DrawdownCurrent decline from peak | -0.43% | -14.32% | +13.89% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -17.96% | +15.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.23% | — |
Volatility
XLBI vs. XLE - Volatility Comparison
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Volatility by Period
| XLBI | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.95% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 20.78% | -7.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 25.94% | -12.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 29.56% | -15.86% |
XLBI vs. XLE - Expense Ratio Comparison
XLBI has a 0.35% expense ratio, which is higher than XLE's 0.08% expense ratio.
Dividends
XLBI vs. XLE - Dividend Comparison
XLBI's dividend yield for the trailing twelve months is around 14.62%, more than XLE's 2.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLBI State Street Materials Select Sector SPDR Premium Income ETF | 14.62% | 7.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.85% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Frequently Asked Questions
XLBI and XLE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLE is cheaper with a 0.08% expense ratio, compared with 0.35% for XLBI.
XLBI has the higher dividend yield at 14.62%, compared with 2.85% for XLE.
XLBI is categorized as Derivative Income, while XLE is Energy Equities. Their fees differ too: 0.35% for XLBI and 0.08% for XLE.
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