XLFI vs. BCFN

Last updated Jul 18, 2026

XLFI (State Street Financial Select Sector SPDR Premium Income ETF) and BCFN (Baron Financials ETF) are both exchange-traded funds - XLFI is a Derivative Income fund actively managed by State Street, while BCFN is a Financials Equities fund tracking the Actively Managed. XLFI is actively managed, while BCFN is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. XLFI charges 0.35%/yr vs 0.80%/yr for BCFN.

Performance

XLFI vs. BCFN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Financial Select Sector SPDR Premium Income ETF (XLFI) and Baron Financials ETF (BCFN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLFI achieves a 2.34% return, which is significantly higher than BCFN's -8.93% return.

XLFI

• 1D: -0.50%
• 1M: 3.86%
• 6M: 2.74%
• YTD: 2.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCFN

• 1D: -1.09%
• 1M: 5.61%
• 6M: -8.04%
• YTD: -8.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLFI vs. BCFN - Yearly Performance Comparison

	2026 (YTD)	2025
XLFI State Street Financial Select Sector SPDR Premium Income ETF	2.34%	0.97%
BCFN Baron Financials ETF	-8.93%	-0.45%

Correlation

The correlation between XLFI and BCFN is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.80

Return for Risk

XLFI vs. BCFN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Financial Select Sector SPDR Premium Income ETF (XLFI) and Baron Financials ETF (BCFN). 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.

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

Drawdowns

XLFI vs. BCFN - Drawdown Comparison

The maximum XLFI drawdown since its inception was -11.89%, smaller than the maximum BCFN drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for XLFI and BCFN.

Drawdown Indicators

	XLFI	BCFN	Difference
Max Drawdown Largest peak-to-trough decline	-11.89%	-20.95%	+9.06%
Current Drawdown Current decline from peak	-0.50%	-11.19%	+10.69%
Average Drawdown Average peak-to-trough decline	-3.12%	-12.70%	+9.58%

Volatility

Volatility by Period

	XLFI	BCFN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.95%	19.07%	-7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.95%	19.07%	-7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.95%	19.07%	-7.12%

XLFI vs. BCFN - Expense Ratio Comparison

XLFI has a 0.35% expense ratio, which is lower than BCFN's 0.80% expense ratio.

Dividends

XLFI vs. BCFN - Dividend Comparison

XLFI's dividend yield for the trailing twelve months is around 11.38%, while BCFN has not paid dividends to shareholders.

Position	TTM	2025
BCFN Baron Financials ETF	0.00%	0.00%
XLFI State Street Financial Select Sector SPDR Premium Income ETF	11.38%	5.57%

Frequently Asked Questions

Can I hold both XLFI and BCFN in my portfolio?

XLFI and BCFN have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLFI or BCFN?

On fees, XLFI 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, XLFI or BCFN?

XLFI is cheaper with a 0.35% expense ratio, compared with 0.80% for BCFN.

Which ETF pays a higher dividend yield, XLFI or BCFN?

XLFI has the higher dividend yield at 11.38%, compared with 0.00% for BCFN.

What is the main difference between XLFI and BCFN?

XLFI is categorized as Derivative Income, while BCFN is Financials Equities. They also come from different issuers: State Street and Baron Capital. Their fees differ too: 0.35% for XLFI and 0.80% for BCFN.