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XLFI vs. EUFN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLFI vs. EUFN

Last updated Aug 2, 2026
Documentation

XLFI (State Street Financial Select Sector SPDR Premium Income ETF) and EUFN (iShares MSCI Europe Financials ETF) are both exchange-traded funds - XLFI is a Derivative Income fund actively managed by State Street, while EUFN is a Financials Equities fund tracking the MSCI Europe Financials Index (Net). XLFI is actively managed, while EUFN is passively managed. Over the past year, XLFI returned 11.31% vs 37.30% for EUFN. Their 0.57 correlation means they have sometimes moved together and sometimes differently. XLFI charges 0.35%/yr vs 0.49%/yr for EUFN.

Performance

XLFI vs. EUFN - 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 iShares MSCI Europe Financials ETF (EUFN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLFI achieves a 3.17% return, which is significantly lower than EUFN's 15.76% return.

XLFI

1D
-0.41%
1M
2.09%
6M
4.95%
YTD
3.17%
1Y
11.31%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
8.72%

EUFN

1D
-0.05%
1M
4.57%
6M
12.34%
YTD
15.76%
1Y
37.30%
3Y*
34.07%
5Y*
21.90%
10Y*
14.87%
ALL TIME*
7.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EUFN

iShares MSCI Europe Financials ETF
$57.65M$60.11M$50.38M

XLFI

State Street Financial Select Sector SPDR Premium Income ETF
$205.39K$226.21K$175.11K

XLFI vs. EUFN - Yearly Performance Comparison

2026 (YTD)2025
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		3.17%5.40%
EUFN
iShares MSCI Europe Financials ETF		15.76%15.79%

Correlation

The correlation between XLFI and EUFN is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.57

Correlation (All Time)
Calculated using the full available price history since Jul 30, 2025

0.57

The correlation between XLFI and EUFN has been stable across timeframes, ranging from 0.57 to 0.57 - a consistent structural relationship.

XLFI vs. EUFN - Sectors Allocation Comparison

Sectors
XLFI
EUFN

Financial Services

100.4%
98.1%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

0.2%

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

0.4%

Real Estate

-

-

Technology

-

0.9%

Utilities

-

-

Financial Services

XLFI
100.4%
EUFN
98.1%

Basic Materials

XLFI

-

EUFN

-

Communication Services

XLFI

-

EUFN

-

Consumer Cyclical

XLFI

-

EUFN
0.2%

Consumer Defensive

XLFI

-

EUFN

-

Energy

XLFI

-

EUFN

-

Healthcare

XLFI

-

EUFN

-

Industrials

XLFI

-

EUFN
0.4%

Real Estate

XLFI

-

EUFN

-

Technology

XLFI

-

EUFN
0.9%

Utilities

XLFI

-

EUFN

-

Compare stocks, funds, or ETFs

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State Street Financial Select Sector SPDR Premium Income ETF

iShares MSCI Europe Financials ETF

Often compared with XLFI:
XLFI vs. XLFXLFI vs. PBPXLFI vs. KREXLFI vs. FXOXLFI vs. IVVWXLFI vs. IYFXLFI vs. KBWB
Often compared with EUFN:
EUFN vs. XLFEUFN vs. FDDEUFN vs. GSIBEUFN vs. SPYEUFN vs. EURLEUFN vs. EIRLEUFN vs. IEUR

Return for Risk

XLFI vs. EUFN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
XLFI
XLFI Risk / Return Rank: 2929
Overall Rank
XLFI Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
XLFI Sortino Ratio Rank: 2929
Sortino Ratio Rank
XLFI Omega Ratio Rank: 3131
Omega Ratio Rank
XLFI Calmar Ratio Rank: 2626
Calmar Ratio Rank
XLFI Martin Ratio Rank: 2727
Martin Ratio Rank
EUFN
EUFN Risk / Return Rank: 7474
Overall Rank
EUFN Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
EUFN Sortino Ratio Rank: 7878
Sortino Ratio Rank
EUFN Omega Ratio Rank: 7272
Omega Ratio Rank
EUFN Calmar Ratio Rank: 7171
Calmar Ratio Rank
EUFN Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XLFI vs. EUFN - 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 iShares MSCI Europe Financials ETF (EUFN). 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.

XLFIEUFNDifference
Sharpe ratioReturn per unit of total volatility
0.81
1.76

-0.96

Sortino ratioReturn per unit of downside risk
1.12
2.50

-1.39

Omega ratioGain probability vs. loss probability

1.15

1.30

-0.15

Calmar ratioReturn relative to maximum drawdown

0.80

2.43

-1.63

Martin ratioReturn relative to average drawdown

2.26

8.55

-6.29

XLFI vs. EUFN - Sharpe Ratio Comparison

The current XLFI Sharpe Ratio is 0.81, which is lower than the EUFN Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of XLFI and EUFN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XLFI vs. EUFN - Drawdown Comparison

The maximum XLFI drawdown since its inception was -11.89%, smaller than the maximum EUFN drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for XLFI and EUFN.

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Drawdown Indicators

XLFIEUFNDifference

Max Drawdown

Largest peak-to-trough decline

-11.89%

-53.25%

+41.36%

Max Drawdown (1Y)

Largest decline over 1 year

-11.89%

-14.77%

+2.88%

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.95%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-35.15%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-53.25%

—

Current Drawdown

Current decline from peak

-1.11%

-0.05%

-1.06%

Average Drawdown

Average peak-to-trough decline

-3.02%

-14.42%

+11.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.22%

4.20%

+0.02%

Volatility

XLFI vs. EUFN - Volatility Comparison

The current volatility for State Street Financial Select Sector SPDR Premium Income ETF (XLFI) is 2.78%, while iShares MSCI Europe Financials ETF (EUFN) has a volatility of 6.32%. This indicates that XLFI experiences smaller price fluctuations and is considered to be less risky than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XLFIEUFNDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.78%

6.32%

-3.54%

Volatility (6M)

Calculated over the trailing 6-month period

9.08%

17.74%

-8.66%

Volatility (1Y)

Calculated over the trailing 1-year period

11.88%

20.39%

-8.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.85%

21.81%

-9.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.85%

23.71%

-11.86%

XLFI vs. EUFN - Expense Ratio Comparison

XLFI has a 0.35% expense ratio, which is lower than EUFN's 0.49% expense ratio.

Dividends

XLFI vs. EUFN - Dividend Comparison

XLFI's dividend yield for the trailing twelve months is around 11.29%, more than EUFN's 3.96% yield.

PositionTTM20252024202320222021202020192018201720162015
EUFN
iShares MSCI Europe Financials ETF		3.96%3.57%5.36%5.00%4.24%4.15%1.38%4.55%6.48%3.04%4.03%3.65%
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		11.29%5.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

XLFI and EUFN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EUFN has higher volatility (6.32%) compared to XLFI (2.78%). In terms of maximum drawdown, XLFI dropped -11.89% vs EUFN's -53.25%.

On 1-year performance, EUFN leads with 37.30% vs 11.31% for XLFI. On fees, XLFI is cheaper at 0.35% per year. On volatility, XLFI has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, EUFN has performed better with a 37.30% return vs 11.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XLFI is cheaper with a 0.35% expense ratio, compared with 0.49% for EUFN.

XLFI has the higher dividend yield at 11.29%, compared with 3.96% for EUFN.

XLFI is categorized as Derivative Income, while EUFN is Financials Equities. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLFI and 0.49% for EUFN.

EUFN currently has the higher Sharpe Ratio (1.76 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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