XLCI vs. QYLD

Last updated Jun 6, 2026

XLCI (State Street Communication Services Select Sector SPDR Premium Income ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - XLCI is a Derivative Income fund actively managed by State Street, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. XLCI is actively managed, while QYLD is passively managed. A 0.58 correlation means they provide meaningful diversification when combined. XLCI charges 0.35%/yr vs 0.60%/yr for QYLD.

Performance

XLCI vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Communication Services Select Sector SPDR Premium Income ETF (XLCI) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLCI achieves a -1.17% return, which is significantly lower than QYLD's 5.92% return.

XLCI

• 1D: -1.18%
• 1M: -3.83%
• YTD: -1.17%
• 6M: 0.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLD

• 1D: -1.82%
• 1M: -0.67%
• YTD: 5.92%
• 6M: 7.78%
• 1Y: 21.82%
• 3Y*: 13.07%
• 5Y*: 8.04%
• 10Y*: 9.61%

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

XLCI vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025
XLCI State Street Communication Services Select Sector SPDR Premium Income ETF	-1.17%	6.80%
QYLD Global X NASDAQ 100 Covered Call ETF	5.92%	10.72%

Correlation

The correlation between XLCI and QYLD is 0.58, 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 31, 2025	0.58

XLCI vs. QYLD - Sectors Allocation Comparison

Sectors	XLCI	QYLD
Financial Services	99.7%	0.2%
Basic Materials	-	1.1%
Communication Services	-	15.8%
Consumer Cyclical	-	12.3%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Healthcare	-	4.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Technology	-	53.8%
Utilities	-	1.4%

Return for Risk

XLCI vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QYLD

QYLD Risk / Return Rank: 85
QYLD Sharpe Ratio Rank: 79
QYLD Sortino Ratio Rank: 79
QYLD Omega Ratio Rank: 89
QYLD Calmar Ratio Rank: 84
QYLD Martin Ratio Rank: 94

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.

XLCI vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Communication Services Select Sector SPDR Premium Income ETF (XLCI) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XLCI	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.50	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.58	+0.03

Drawdowns

XLCI vs. QYLD - Drawdown Comparison

The maximum XLCI drawdown since its inception was -7.72%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for XLCI and QYLD.

Drawdown Indicators

	XLCI	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.72%	-24.75%	+17.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-4.18%	-1.87%	-2.31%
Average Drawdown Average peak-to-trough decline	-1.53%	-3.84%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.85%	—

Volatility

Volatility by Period

	XLCI	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	8.78%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.88%	14.71%	-3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.88%	15.50%	-4.62%

XLCI vs. QYLD - Expense Ratio Comparison

XLCI has a 0.35% expense ratio, which is lower than QYLD's 0.60% expense ratio.

Dividends

XLCI vs. QYLD - Dividend Comparison

XLCI's dividend yield for the trailing twelve months is around 10.08%, less than QYLD's 11.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QYLD Global X NASDAQ 100 Covered Call ETF	11.67%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%
XLCI State Street Communication Services Select Sector SPDR Premium Income ETF	10.08%	5.23%	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 XLCI and QYLD in my portfolio?

XLCI and QYLD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLCI or QYLD?

On fees, XLCI 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, XLCI or QYLD?

XLCI is cheaper with a 0.35% expense ratio, compared with 0.60% for QYLD.

Which ETF pays a higher dividend yield, XLCI or QYLD?

QYLD has the higher dividend yield at 11.67%, compared with 10.08% for XLCI.

What is the main difference between XLCI and QYLD?

XLCI is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: State Street and Global X. Their fees differ too: 0.35% for XLCI and 0.60% for QYLD.