XLEI vs. GLDM

Last updated Jun 4, 2026

XLEI (State Street Energy Select Sector SPDR Premium Income ETF) and GLDM (SPDR Gold MiniShares Trust) are both exchange-traded funds - XLEI is a Energy Equities fund tracking the S&P Energy Select Sector, while GLDM is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. At a correlation of -0.01, they often move in opposite directions. XLEI charges 0.35%/yr vs 0.10%/yr for GLDM.

Performance

XLEI vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLEI achieves a 20.42% return, which is significantly higher than GLDM's 3.00% return.

XLEI

• 1D: 1.05%
• 1M: 1.40%
• YTD: 20.42%
• 6M: 20.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLDM

• 1D: -0.96%
• 1M: -1.62%
• YTD: 3.00%
• 6M: 5.60%
• 1Y: 32.42%
• 3Y*: 31.49%
• 5Y*: 18.49%
• 10Y*: —

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

XLEI vs. GLDM - Yearly Performance Comparison

	2026 (YTD)	2025
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%
GLDM SPDR Gold MiniShares Trust	3.00%	31.89%

Correlation

The correlation between XLEI and GLDM is -0.01, 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 31, 2025	-0.01

XLEI vs. GLDM - Sectors Allocation Comparison

Sectors	XLEI	GLDM
Financial Services	100.3%	-
Basic Materials	-	100.0%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

XLEI vs. GLDM — Risk / Return Rank

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

GLDM

GLDM Risk / Return Rank: 32
GLDM Sharpe Ratio Rank: 33
GLDM Sortino Ratio Rank: 29
GLDM Omega Ratio Rank: 36
GLDM Calmar Ratio Rank: 34
GLDM Martin Ratio Rank: 29

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.

XLEI vs. GLDM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and SPDR Gold MiniShares Trust (GLDM). 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

	XLEI	GLDM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	1.02	+1.64

Drawdowns

XLEI vs. GLDM - Drawdown Comparison

The maximum XLEI drawdown since its inception was -7.98%, smaller than the maximum GLDM drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for XLEI and GLDM.

Drawdown Indicators

	XLEI	GLDM	Difference
Max Drawdown Largest peak-to-trough decline	-7.98%	-21.63%	+13.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.92%	—
Current Drawdown Current decline from peak	-0.97%	-17.65%	+16.68%
Average Drawdown Average peak-to-trough decline	-1.52%	-6.22%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.69%	—

Volatility

Volatility by Period

	XLEI	GLDM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	26.39%	-13.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.16%	17.91%	-4.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.16%	16.85%	-3.69%

XLEI vs. GLDM - Expense Ratio Comparison

XLEI has a 0.35% expense ratio, which is higher than GLDM's 0.10% expense ratio.

Dividends

XLEI vs. GLDM - Dividend Comparison

XLEI's dividend yield for the trailing twelve months is around 16.59%, while GLDM has not paid dividends to shareholders.

Position	TTM	2025
GLDM SPDR Gold MiniShares Trust	0.00%	0.00%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%

Frequently Asked Questions

Can I hold both XLEI and GLDM in my portfolio?

XLEI and GLDM have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLEI or GLDM?

On fees, GLDM is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLEI or GLDM?

GLDM is cheaper with a 0.10% expense ratio, compared with 0.35% for XLEI.

Which ETF pays a higher dividend yield, XLEI or GLDM?

XLEI has the higher dividend yield at 16.59%, compared with 0.00% for GLDM.

What is the main difference between XLEI and GLDM?

XLEI is categorized as Energy Equities, while GLDM is Gold. XLEI tracks S&P Energy Select Sector, while GLDM tracks LBMA Gold Price PM. Their fees differ too: 0.35% for XLEI and 0.10% for GLDM.