XLI vs. DIV

Last updated Jun 14, 2026

XLI (Industrial Select Sector SPDR Fund) and DIV (Global X SuperDividend U.S. ETF) are both exchange-traded funds - XLI is a Industrials Equities fund tracking the Industrial Select Sector Index, while DIV is a Mid Cap Value Equities fund tracking the Indxx SuperDividend® U.S. Low Volatility Index. Both are passively managed. Over the past 10 years, XLI returned 14.15%/yr vs 4.30%/yr for DIV. A 0.67 correlation means they provide meaningful diversification when combined. XLI charges 0.08%/yr vs 0.45%/yr for DIV.

Performance

XLI vs. DIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Industrial Select Sector SPDR Fund (XLI) and Global X SuperDividend U.S. ETF (DIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XLI having a 13.90% return and DIV slightly higher at 14.48%. Over the past 10 years, XLI has outperformed DIV with an annualized return of 14.15%, while DIV has yielded a comparatively lower 4.30% annualized return.

XLI

• 1D: 0.59%
• 1M: 0.96%
• YTD: 13.90%
• 6M: 13.10%
• 1Y: 25.17%
• 3Y*: 20.87%
• 5Y*: 12.93%
• 10Y*: 14.15%

DIV

• 1D: 0.68%
• 1M: 0.97%
• YTD: 14.48%
• 6M: 13.33%
• 1Y: 16.51%
• 3Y*: 11.89%
• 5Y*: 5.31%
• 10Y*: 4.30%

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

XLI vs. DIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLI Industrial Select Sector SPDR Fund	13.90%	19.35%	17.31%	18.13%	-5.57%	21.08%	10.91%	29.08%	-13.25%	23.98%
DIV Global X SuperDividend U.S. ETF	14.48%	3.10%	11.27%	-1.73%	-3.92%	30.60%	-22.85%	14.50%	-6.60%	9.90%

Correlation

The correlation between XLI and DIV is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Mar 12, 2013	0.67

Over the past year, the correlation between XLI and DIV has dropped to 0.45 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

XLI vs. DIV - Sectors Allocation Comparison

Sectors	XLI	DIV
Industrials	90.9%	11.7%
Utilities	4.8%	12.1%
Technology	3.8%	-
Consumer Cyclical	0.5%	3.7%
Basic Materials	-	4.5%
Communication Services	-	6.1%
Consumer Defensive	-	10.7%
Energy	-	23.5%
Financial Services	-	3.8%
Healthcare	-	3.5%
Real Estate	-	20.2%

Return for Risk

XLI vs. DIV — Risk / Return Rank

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

XLI

XLI Risk / Return Rank: 48
XLI Sharpe Ratio Rank: 49
XLI Sortino Ratio Rank: 50
XLI Omega Ratio Rank: 46
XLI Calmar Ratio Rank: 45
XLI Martin Ratio Rank: 52

DIV

DIV Risk / Return Rank: 54
DIV Sharpe Ratio Rank: 51
DIV Sortino Ratio Rank: 51
DIV Omega Ratio Rank: 46
DIV Calmar Ratio Rank: 69
DIV Martin Ratio Rank: 55

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.

XLI vs. DIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and Global X SuperDividend U.S. ETF (DIV). 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.

	XLI	DIV	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.53	-0.03
Sortino ratio: Return per unit of downside risk	2.17	2.20	-0.03
Omega ratio: Gain probability vs. loss probability	1.26	1.26	0.00
Calmar ratio: Return relative to maximum drawdown	1.98	3.02	-1.04
Martin ratio: Return relative to average drawdown	7.82	8.43	-0.62

XLI vs. DIV - Sharpe Ratio Comparison

The current XLI Sharpe Ratio is 1.50, which is comparable to the DIV Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of XLI and DIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XLI vs. DIV - Drawdown Comparison

The maximum XLI drawdown since its inception was -62.26%, which is greater than DIV's maximum drawdown of -52.74%. Use the drawdown chart below to compare losses from any high point for XLI and DIV.

Drawdown Indicators

	XLI	DIV	Difference
Max Drawdown Largest peak-to-trough decline	-62.26%	-52.74%	-9.52%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	-5.23%	-6.98%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-12.33%	-6.16%
Max Drawdown (5Y) Largest decline over 5 years	-21.64%	-21.14%	-0.50%
Max Drawdown (10Y) Largest decline over 10 years	-42.33%	-52.74%	+10.41%
Current Drawdown Current decline from peak	-1.24%	-0.73%	-0.51%
Average Drawdown Average peak-to-trough decline	-9.20%	-7.01%	-2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	1.88%	+1.21%

Volatility

XLI vs. DIV - Volatility Comparison

Industrial Select Sector SPDR Fund (XLI) has a higher volatility of 6.22% compared to Global X SuperDividend U.S. ETF (DIV) at 3.07%. This indicates that XLI's price experiences larger fluctuations and is considered to be riskier than DIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLI	DIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.22%	3.07%	+3.15%
Volatility (6M) Calculated over the trailing 6-month period	13.59%	7.08%	+6.51%
Volatility (1Y) Calculated over the trailing 1-year period	16.17%	10.32%	+5.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	13.69%	+3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.04%	17.98%	+2.06%

XLI vs. DIV - Expense Ratio Comparison

XLI has a 0.08% expense ratio, which is lower than DIV's 0.45% expense ratio.

Dividends

XLI vs. DIV - Dividend Comparison

XLI's dividend yield for the trailing twelve months is around 1.16%, less than DIV's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIV Global X SuperDividend U.S. ETF	6.61%	7.30%	5.74%	7.13%	6.62%	5.24%	8.01%	7.65%	7.08%	5.92%	6.78%	8.44%
XLI Industrial Select Sector SPDR Fund	1.16%	1.29%	1.44%	1.63%	1.63%	1.25%	1.55%	1.94%	2.15%	1.77%	2.07%	2.15%

Frequently Asked Questions

Can I hold both XLI and DIV in my portfolio?

XLI and DIV have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLI or DIV?

XLI has higher volatility (6.22%) compared to DIV (3.07%). In terms of maximum drawdown, XLI dropped -62.26% vs DIV's -52.74%.

Which ETF is better, XLI or DIV?

On 10-year performance, XLI leads with 14.15% vs 4.30% for DIV. On fees, XLI is cheaper at 0.08% per year. On volatility, DIV has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XLI or DIV?

Over the 10-year period, XLI has performed better with a 14.15% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XLI or DIV?

XLI is cheaper with a 0.08% expense ratio, compared with 0.45% for DIV.

Which ETF pays a higher dividend yield, XLI or DIV?

DIV has the higher dividend yield at 6.61%, compared with 1.16% for XLI.

What is the main difference between XLI and DIV?

XLI is categorized as Industrials Equities, while DIV is Mid Cap Value Equities. XLI tracks Industrial Select Sector Index, while DIV tracks Indxx SuperDividend® U.S. Low Volatility Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.08% for XLI and 0.45% for DIV.

Which has better risk-adjusted returns?

DIV currently has the higher Sharpe Ratio (1.53 vs 1.50), 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.