PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XLFI vs. IYF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLFI vs. IYF

Last updated Jul 18, 2026
Documentation

XLFI (State Street Financial Select Sector SPDR Premium Income ETF) and IYF (iShares U.S. Financials ETF) are both exchange-traded funds - XLFI is a Derivative Income fund actively managed by State Street, while IYF is a Financials Equities fund tracking the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index. XLFI is actively managed, while IYF is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. XLFI charges 0.35%/yr vs 0.38%/yr for IYF.

Performance

XLFI vs. IYF - 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 U.S. Financials ETF (IYF). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XLFI achieves a 2.34% return, which is significantly lower than IYF's 4.47% return.

XLFI

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

IYF

1D
-0.69%
1M
3.68%
6M
3.74%
YTD
4.47%
1Y
10.84%
3Y*
21.47%
5Y*
12.23%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLFI vs. IYF - Yearly Performance Comparison

2026 (YTD)2025
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		2.34%5.40%
IYF
iShares U.S. Financials ETF		4.47%5.55%

Correlation

The correlation between XLFI and IYF is 0.94, 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 Jul 30, 2025

0.94

XLFI vs. IYF - Sectors Allocation Comparison

Sectors
XLFI
IYF

Financial Services

99.9%
99.1%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

0.6%

Technology

-

0.3%

Utilities

-

-

Financial Services

XLFI
99.9%
IYF
99.1%

Basic Materials

XLFI

-

IYF

-

Communication Services

XLFI

-

IYF

-

Consumer Cyclical

XLFI

-

IYF

-

Consumer Defensive

XLFI

-

IYF

-

Energy

XLFI

-

IYF

-

Healthcare

XLFI

-

IYF

-

Industrials

XLFI

-

IYF

-

Real Estate

XLFI

-

IYF
0.6%

Technology

XLFI

-

IYF
0.3%

Utilities

XLFI

-

IYF

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

State Street Financial Select Sector SPDR Premium Income ETF

iShares U.S. Financials ETF

Often compared with XLFI:
XLFI vs. EUFNXLFI vs. PBPXLFI vs. XLFXLFI vs. IVVWXLFI vs. FXOXLFI vs. CHPYXLFI vs. FYEE
Often compared with IYF:
IYF vs. XLFIYF vs. VFHIYF vs. IYGIYF vs. KBWBIYF vs. KBEIYF vs. IXGIYF vs. FTXO

Return for Risk

XLFI vs. IYF — Risk / Return Rank

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

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

IYF
IYF Risk / Return Rank: 2323
Overall Rank
IYF Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
IYF Sortino Ratio Rank: 2323
Sortino Ratio Rank
IYF Omega Ratio Rank: 2424
Omega Ratio Rank
IYF Calmar Ratio Rank: 2222
Calmar Ratio Rank
IYF Martin Ratio Rank: 2222
Martin Ratio Rank
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.

XLFI vs. IYF - 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 U.S. Financials ETF (IYF). 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.

XLFIIYFDifference
Sharpe ratioReturn per unit of total volatility

—

0.75

—

Sortino ratioReturn per unit of downside risk

—

1.10

—

Omega ratioGain probability vs. loss probability

—

1.14

—

Calmar ratioReturn relative to maximum drawdown

—

0.78

—

Martin ratioReturn relative to average drawdown

—

2.11

—

XLFI vs. IYF - Sharpe Ratio Comparison

Loading charts...

Drawdowns

XLFI vs. IYF - Drawdown Comparison

The maximum XLFI drawdown since its inception was -11.89%, smaller than the maximum IYF drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for XLFI and IYF.

Loading charts...

Drawdown Indicators

XLFIIYFDifference

Max Drawdown

Largest peak-to-trough decline

-11.89%

-79.09%

+67.20%

Max Drawdown (1Y)

Largest decline over 1 year

—

-13.88%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-16.60%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.06%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-42.57%

—

Current Drawdown

Current decline from peak

-0.50%

-0.69%

+0.19%

Average Drawdown

Average peak-to-trough decline

-3.12%

-17.54%

+14.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

5.16%

—

Volatility

XLFI vs. IYF - Volatility Comparison

Loading charts...

Volatility by Period

XLFIIYFDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.01%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.15%

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.95%

14.56%

-2.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.95%

18.99%

-7.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.95%

20.81%

-8.86%

XLFI vs. IYF - Expense Ratio Comparison

XLFI has a 0.35% expense ratio, which is lower than IYF's 0.38% expense ratio.

Dividends

XLFI vs. IYF - Dividend Comparison

XLFI's dividend yield for the trailing twelve months is around 11.38%, more than IYF's 1.43% yield.

PositionTTM20252024202320222021202020192018201720162015
IYF
iShares U.S. Financials ETF		1.43%1.32%1.29%1.67%1.86%1.27%1.72%1.64%1.90%1.46%1.67%1.66%
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		11.38%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

With a correlation of 0.94, XLFI and IYF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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.

XLFI is cheaper with a 0.35% expense ratio, compared with 0.38% for IYF.

XLFI has the higher dividend yield at 11.38%, compared with 1.43% for IYF.

XLFI is categorized as Derivative Income, while IYF is Financials Equities. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLFI and 0.38% for IYF.

Portfolio Optimizer

Find the right allocation for XLFI and IYF

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