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XLI vs. IAUM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLI vs. IAUM

Last updated Jun 9, 2026

XLI (Industrial Select Sector SPDR Fund) and IAUM (iShares Gold Trust Micro) are both exchange-traded funds - XLI is a Industrials Equities fund tracking the Industrial Select Sector Index, while IAUM is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 3 years, XLI returned 21.04%/yr vs 30.12%/yr for IAUM. At a 0.13 correlation, their price movements are largely independent. XLI charges 0.08%/yr vs 0.09%/yr for IAUM.

Performance

XLI vs. IAUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Industrial Select Sector SPDR Fund (XLI) and iShares Gold Trust Micro (IAUM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XLI achieves a 12.25% return, which is significantly higher than IAUM's 0.28% return.

XLI

1D
-0.32%
1M
0.25%
YTD
12.25%
6M
13.16%
1Y
21.42%
3Y*
21.04%
5Y*
12.54%
10Y*
13.86%

IAUM

1D
0.21%
1M
-8.41%
YTD
0.28%
6M
3.16%
1Y
30.56%
3Y*
30.12%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLI vs. IAUM - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XLI
Industrial Select Sector SPDR Fund		12.25%19.35%17.31%18.13%-5.57%4.86%
IAUM
iShares Gold Trust Micro		0.28%64.27%27.04%13.12%-0.49%3.87%

Correlation

The correlation between XLI and IAUM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2021

0.13

XLI vs. IAUM - Sectors Allocation Comparison

Sectors
XLI
IAUM

Industrials

90.7%

-

Utilities

4.8%

-

Technology

4.0%

-

Consumer Cyclical

0.5%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

100.0%

Industrials

XLI
90.7%
IAUM

-

Utilities

XLI
4.8%
IAUM

-

Technology

XLI
4.0%
IAUM

-

Consumer Cyclical

XLI
0.5%
IAUM

-

Basic Materials

XLI

-

IAUM

-

Communication Services

XLI

-

IAUM

-

Consumer Defensive

XLI

-

IAUM

-

Energy

XLI

-

IAUM

-

Financial Services

XLI

-

IAUM

-

Healthcare

XLI

-

IAUM

-

Real Estate

XLI

-

IAUM
100.0%

Compare stocks, funds, or ETFs

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Industrial Select Sector SPDR Fund

iShares Gold Trust Micro

Often compared with XLI:
XLI vs. VISXLI vs. PAVEXLI vs. XLKXLI vs. SPYXLI vs. FIDUXLI vs. ITAXLI vs. AIRR
Often compared with IAUM:
IAUM vs. IAUIAUM vs. GLDMIAUM vs. GLDIAUM vs. FSAGXIAUM vs. SGOLIAUM vs. PHYSIAUM vs. SIVR

Return for Risk

XLI vs. IAUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XLI
XLI Risk / Return Rank: 4343
Overall Rank
XLI Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
XLI Sortino Ratio Rank: 4646
Sortino Ratio Rank
XLI Omega Ratio Rank: 4040
Omega Ratio Rank
XLI Calmar Ratio Rank: 3939
Calmar Ratio Rank
XLI Martin Ratio Rank: 4646
Martin Ratio Rank
IAUM
IAUM Risk / Return Rank: 3434
Overall Rank
IAUM Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
IAUM Sortino Ratio Rank: 3131
Sortino Ratio Rank
IAUM Omega Ratio Rank: 3939
Omega Ratio Rank
IAUM Calmar Ratio Rank: 3434
Calmar Ratio Rank
IAUM Martin Ratio Rank: 2929
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.

XLI vs. IAUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and iShares Gold Trust Micro (IAUM). 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.

XLIIAUMDifference
Sharpe ratioReturn per unit of total volatility
1.39
1.16

+0.24

Sortino ratioReturn per unit of downside risk
2.06
1.54

+0.52

Omega ratioGain probability vs. loss probability

1.24

1.23

+0.01

Calmar ratioReturn relative to maximum drawdown

1.76

1.53

+0.23

Martin ratioReturn relative to average drawdown

6.97

3.84

+3.13

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLI vs. IAUM - Sharpe Ratio Comparison

The current XLI Sharpe Ratio is 1.39, which is comparable to the IAUM Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of XLI and IAUM, 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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Sharpe Ratios by Period

XLIIAUMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

1.16

+0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

1.11

-0.66

Drawdowns

XLI vs. IAUM - Drawdown Comparison

The maximum XLI drawdown since its inception was -62.26%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for XLI and IAUM.

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Drawdown Indicators

XLIIAUMDifference

Max Drawdown

Largest peak-to-trough decline

-62.26%

-20.87%

-41.39%

Max Drawdown (1Y)

Largest decline over 1 year

-12.21%

-20.02%

+7.81%

Max Drawdown (3Y)

Largest decline over 3 years

-18.49%

-20.02%

+1.53%

Max Drawdown (5Y)

Largest decline over 5 years

-21.64%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-42.33%

—

—

Current Drawdown

Current decline from peak

-2.67%

-19.85%

+17.18%

Average Drawdown

Average peak-to-trough decline

-9.20%

-5.33%

-3.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

7.98%

-4.90%

Volatility

XLI vs. IAUM - Volatility Comparison

The current volatility for Industrial Select Sector SPDR Fund (XLI) is 3.98%, while iShares Gold Trust Micro (IAUM) has a volatility of 5.64%. This indicates that XLI experiences smaller price fluctuations and is considered to be less risky than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XLIIAUMDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.98%

5.64%

-1.66%

Volatility (6M)

Calculated over the trailing 6-month period

12.84%

23.20%

-10.36%

Volatility (1Y)

Calculated over the trailing 1-year period

15.47%

26.57%

-11.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.43%

17.92%

-0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.99%

17.92%

+2.07%

XLI vs. IAUM - Expense Ratio Comparison

XLI has a 0.08% expense ratio, which is lower than IAUM's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XLI vs. IAUM - Dividend Comparison

XLI's dividend yield for the trailing twelve months is around 1.18%, while IAUM has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IAUM
iShares Gold Trust Micro		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLI
Industrial Select Sector SPDR Fund		1.18%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

XLI and IAUM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IAUM has higher volatility (5.64%) compared to XLI (3.98%). In terms of maximum drawdown, XLI dropped -62.26% vs IAUM's -20.87%.

On 3-year performance, IAUM leads with 30.12% vs 21.04% for XLI. On fees, XLI is cheaper at 0.08% per year. On volatility, XLI has been the lower-risk option at 3.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IAUM has performed better with a 30.12% return vs 21.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XLI is cheaper with a 0.08% expense ratio, compared with 0.09% for IAUM.

XLI has the higher dividend yield at 1.18%, compared with 0.00% for IAUM.

XLI is categorized as Industrials Equities, while IAUM is Gold. XLI tracks Industrial Select Sector Index, while IAUM tracks LBMA Gold Price PM. They also come from different issuers: State Street and iShares. Their fees differ too: 0.08% for XLI and 0.09% for IAUM.

XLI currently has the higher Sharpe Ratio (1.39 vs 1.16), 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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