XLI vs. METL
XLI (Industrial Select Sector SPDR Fund) and METL (Sprott Active Metals & Miners ETF) are both exchange-traded funds - XLI is a Industrials Equities fund tracking the Industrial Select Sector Index, while METL is a Commodity Producers Equities fund actively managed by Sprott. XLI is passively managed, while METL is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. XLI charges 0.08%/yr vs 0.89%/yr for METL.
Performance
XLI vs. METL - Performance Comparison
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Returns By Period
In the year-to-date period, XLI achieves a 12.25% return, which is significantly higher than METL's 7.51% 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%
METL
- 1D
- 0.05%
- 1M
- -9.97%
- YTD
- 7.51%
- 6M
- 15.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLI vs. METL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLI Industrial Select Sector SPDR Fund | 12.25% | 3.26% |
METL Sprott Active Metals & Miners ETF | 7.51% | 27.04% |
Correlation
The correlation between XLI and METL is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025 | 0.52 |
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Return for Risk
XLI vs. METL — Risk / Return Rank
XLI
METL
XLI vs. METL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and Sprott Active Metals & Miners ETF (METL). 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.
| XLI | METL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | — | — |
| Martin ratioReturn relative to average drawdown | 6.97 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XLI | METL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | — | — |
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 | 1.18 | -0.72 |
Drawdowns
XLI vs. METL - Drawdown Comparison
The maximum XLI drawdown since its inception was -62.26%, which is greater than METL's maximum drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for XLI and METL.
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Drawdown Indicators
| XLI | METL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.26% | -27.39% | -34.87% |
Max Drawdown (1Y)Largest decline over 1 year | -12.21% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.33% | — | — |
Current DrawdownCurrent decline from peak | -2.67% | -18.48% | +15.81% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -8.24% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | — | — |
Volatility
XLI vs. METL - Volatility Comparison
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Volatility by Period
| XLI | METL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.84% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 44.85% | -29.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.43% | 44.85% | -27.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 44.85% | -24.86% |
XLI vs. METL - Expense Ratio Comparison
XLI has a 0.08% expense ratio, which is lower than METL's 0.89% expense ratio.
Dividends
XLI vs. METL - Dividend Comparison
XLI's dividend yield for the trailing twelve months is around 1.18%, more than METL's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
METL Sprott Active Metals & Miners ETF | 0.92% | 0.99% | 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 METL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLI is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLI is cheaper with a 0.08% expense ratio, compared with 0.89% for METL.
XLI has the higher dividend yield at 1.18%, compared with 0.92% for METL.
XLI is categorized as Industrials Equities, while METL is Commodity Producers Equities. They also come from different issuers: State Street and Sprott. Their fees differ too: 0.08% for XLI and 0.89% for METL.
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