XLBI vs. XLU
XLBI (State Street Materials Select Sector SPDR Premium Income ETF) and XLU (State Street Utilities Select Sector SPDR ETF) are both exchange-traded funds - XLBI is a Derivative Income fund actively managed by State Street, while XLU is a Utilities Equities fund tracking the Utilities Select Sector Index. XLBI is actively managed, while XLU is passively managed. At a 0.31 correlation, their price movements are largely independent. XLBI charges 0.35%/yr vs 0.08%/yr for XLU.
Performance
XLBI vs. XLU - Performance Comparison
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Returns By Period
In the year-to-date period, XLBI achieves a 9.39% return, which is significantly higher than XLU's 8.63% return.
XLBI
- 1D
- 1.46%
- 1M
- 1.88%
- 6M
- 8.43%
- YTD
- 9.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLU
- 1D
- 2.21%
- 1M
- 5.36%
- 6M
- 7.40%
- YTD
- 8.63%
- 1Y
- 14.95%
- 3Y*
- 14.96%
- 5Y*
- 10.69%
- 10Y*
- 9.12%
XLBI vs. XLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLBI State Street Materials Select Sector SPDR Premium Income ETF | 9.39% | 2.25% |
XLU State Street Utilities Select Sector SPDR ETF | 8.63% | 2.39% |
Correlation
The correlation between XLBI and XLU is 0.31, 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 | 0.31 |
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Return for Risk
XLBI vs. XLU — Risk / Return Rank
XLBI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLU
XLBI vs. XLU - 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 Utilities Select Sector SPDR ETF (XLU). 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 | XLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.73 | — |
| Martin ratioReturn relative to average drawdown | — | 3.64 | — |
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Drawdowns
XLBI vs. XLU - Drawdown Comparison
The maximum XLBI drawdown since its inception was -10.62%, smaller than the maximum XLU drawdown of -51.98%. Use the drawdown chart below to compare losses from any high point for XLBI and XLU.
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Drawdown Indicators
| XLBI | XLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.62% | -51.98% | +41.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.07% | — |
Current DrawdownCurrent decline from peak | -0.43% | -2.84% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -10.21% | +8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.35% | — |
Volatility
XLBI vs. XLU - Volatility Comparison
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Volatility by Period
| XLBI | XLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 14.91% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.70% | 17.33% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.70% | 19.29% | -5.59% |
XLBI vs. XLU - Expense Ratio Comparison
XLBI has a 0.35% expense ratio, which is higher than XLU's 0.08% expense ratio.
Dividends
XLBI vs. XLU - Dividend Comparison
XLBI's dividend yield for the trailing twelve months is around 14.62%, more than XLU's 2.61% 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% |
XLU State Street Utilities Select Sector SPDR ETF | 2.61% | 2.71% | 2.96% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% |
Frequently Asked Questions
XLBI and XLU have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLU is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLU 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 2.61% for XLU.
XLBI is categorized as Derivative Income, while XLU is Utilities Equities. Their fees differ too: 0.35% for XLBI and 0.08% for XLU.
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