XLEI vs. NEAR
XLEI (State Street Energy Select Sector SPDR Premium Income ETF) and NEAR (iShares Short Duration Bond Active ETF) are both exchange-traded funds - XLEI is a Energy Equities fund tracking the S&P Energy Select Sector, while NEAR is a Short-Term Bond fund actively managed by iShares. XLEI is passively managed, while NEAR is actively managed. At a correlation of -0.26, they often move in opposite directions. XLEI charges 0.35%/yr vs 0.25%/yr for NEAR.
Performance
XLEI vs. NEAR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLEI achieves a 14.33% return, which is significantly higher than NEAR's 0.63% return.
XLEI
- 1D
- 1.50%
- 1M
- -4.84%
- YTD
- 14.33%
- 6M
- 15.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEAR
- 1D
- -0.10%
- 1M
- 0.11%
- YTD
- 0.63%
- 6M
- 0.83%
- 1Y
- 3.79%
- 3Y*
- 5.48%
- 5Y*
- 3.84%
- 10Y*
- 2.84%
XLEI vs. NEAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 14.33% | 6.17% |
NEAR iShares Short Duration Bond Active ETF | 0.63% | 2.47% |
Correlation
The correlation between XLEI and NEAR is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | -0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XLEI vs. NEAR — Risk / Return Rank
XLEI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NEAR
XLEI vs. NEAR - 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 iShares Short Duration Bond Active ETF (NEAR). 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.
| XLEI | NEAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.56 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.36 | — |
| Martin ratioReturn relative to average drawdown | — | 15.26 | — |
Loading charts...
Drawdowns
XLEI vs. NEAR - Drawdown Comparison
The maximum XLEI drawdown since its inception was -7.98%, smaller than the maximum NEAR drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for XLEI and NEAR.
Loading charts...
Drawdown Indicators
| XLEI | NEAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.98% | -9.61% | +1.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.13% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.61% | — |
Current DrawdownCurrent decline from peak | -5.98% | -0.24% | -5.74% |
Average DrawdownAverage peak-to-trough decline | -1.66% | -0.16% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
XLEI vs. NEAR - Volatility Comparison
Loading charts...
Volatility by Period
| XLEI | NEAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.92% | 1.39% | +12.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 1.35% | +12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 2.50% | +11.42% |
XLEI vs. NEAR - Expense Ratio Comparison
XLEI has a 0.35% expense ratio, which is higher than NEAR's 0.25% expense ratio.
Dividends
XLEI vs. NEAR - Dividend Comparison
XLEI's dividend yield for the trailing twelve months is around 17.47%, more than NEAR's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEAR iShares Short Duration Bond Active ETF | 4.44% | 4.54% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% |
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 17.47% | 10.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLEI and NEAR have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEAR is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEAR is cheaper with a 0.25% expense ratio, compared with 0.35% for XLEI.
XLEI has the higher dividend yield at 17.47%, compared with 4.44% for NEAR.
XLEI is categorized as Energy Equities, while NEAR is Short-Term Bond. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLEI and 0.25% for NEAR.
Find the right allocation for XLEI and NEAR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer