PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XLI vs. RDIV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLI vs. RDIV

Last updated Jun 14, 2026

XLI (Industrial Select Sector SPDR Fund) and RDIV (Invesco S&P Ultra Dividend Revenue ETF) are both exchange-traded funds - XLI is a Industrials Equities fund tracking the Industrial Select Sector Index, while RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index. Both are passively managed. Over the past 10 years, XLI returned 14.15%/yr vs 11.39%/yr for RDIV. A 0.72 correlation means they provide meaningful diversification when combined. XLI charges 0.08%/yr vs 0.39%/yr for RDIV.

Performance

XLI vs. RDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Industrial Select Sector SPDR Fund (XLI) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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 13.90% return, which is significantly lower than RDIV's 16.75% return. Over the past 10 years, XLI has outperformed RDIV with an annualized return of 14.15%, while RDIV has yielded a comparatively lower 11.39% 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%

RDIV

1D
1.52%
1M
6.52%
YTD
16.75%
6M
14.41%
1Y
32.09%
3Y*
19.66%
5Y*
11.12%
10Y*
11.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLI vs. RDIV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
RDIV
Invesco S&P Ultra Dividend Revenue ETF		16.75%12.36%15.17%4.66%7.16%29.12%-9.31%22.62%-4.78%11.63%

Correlation

The correlation between XLI and RDIV is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.48

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

0.65

Correlation (5Y)
Calculated over the trailing 5-year period

0.73

Correlation (10Y)
Calculated over the trailing 10-year period

0.74

Correlation (All Time)
Calculated using the full available price history since Oct 1, 2013

0.72

Over the past year, the correlation between XLI and RDIV has dropped to 0.48 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

XLI vs. RDIV - Sectors Allocation Comparison

Sectors
XLI
RDIV

Industrials

90.9%

-

Utilities

4.8%
6.2%

Technology

3.8%
6.2%

Consumer Cyclical

0.5%
15.0%

Basic Materials

-

0.5%

Communication Services

-

8.8%

Consumer Defensive

-

14.6%

Energy

-

17.3%

Financial Services

-

17.8%

Healthcare

-

6.8%

Real Estate

-

7.3%

Industrials

XLI
90.9%
RDIV

-

Utilities

XLI
4.8%
RDIV
6.2%

Technology

XLI
3.8%
RDIV
6.2%

Consumer Cyclical

XLI
0.5%
RDIV
15.0%

Basic Materials

XLI

-

RDIV
0.5%

Communication Services

XLI

-

RDIV
8.8%

Consumer Defensive

XLI

-

RDIV
14.6%

Energy

XLI

-

RDIV
17.3%

Financial Services

XLI

-

RDIV
17.8%

Healthcare

XLI

-

RDIV
6.8%

Real Estate

XLI

-

RDIV
7.3%

Compare stocks, funds, or ETFs

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

Industrial Select Sector SPDR Fund

Invesco S&P Ultra Dividend Revenue ETF

Often compared with XLI:
XLI vs. VISXLI vs. PAVEXLI vs. XLKXLI vs. SPYXLI vs. FIDUXLI vs. ITAXLI vs. AIRR
Often compared with RDIV:
RDIV vs. SCHDRDIV vs. VOORDIV vs. AFKRDIV vs. BKERDIV vs. VYMRDIV vs. EQQQ.DERDIV vs. SPY

Return for Risk

XLI vs. RDIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XLI
XLI Risk / Return Rank: 4848
Overall Rank
XLI Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
XLI Sortino Ratio Rank: 5050
Sortino Ratio Rank
XLI Omega Ratio Rank: 4646
Omega Ratio Rank
XLI Calmar Ratio Rank: 4545
Calmar Ratio Rank
XLI Martin Ratio Rank: 5252
Martin Ratio Rank
RDIV
RDIV Risk / Return Rank: 8787
Overall Rank
RDIV Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
RDIV Sortino Ratio Rank: 8787
Sortino Ratio Rank
RDIV Omega Ratio Rank: 7979
Omega Ratio Rank
RDIV Calmar Ratio Rank: 9494
Calmar Ratio Rank
RDIV Martin Ratio Rank: 9191
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. RDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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.

XLIRDIVDifference
Sharpe ratioReturn per unit of total volatility
1.50
2.31

-0.81

Sortino ratioReturn per unit of downside risk
2.17
3.42

-1.24

Omega ratioGain probability vs. loss probability

1.26

1.40

-0.14

Calmar ratioReturn relative to maximum drawdown

1.98

6.30

-4.31

Martin ratioReturn relative to average drawdown

7.82

18.74

-10.93

XLI vs. RDIV - Sharpe Ratio Comparison

The current XLI Sharpe Ratio is 1.50, which is lower than the RDIV Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of XLI and RDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XLI vs. RDIV - Drawdown Comparison

The maximum XLI drawdown since its inception was -62.26%, which is greater than RDIV's maximum drawdown of -49.97%. Use the drawdown chart below to compare losses from any high point for XLI and RDIV.

Loading charts...

Drawdown Indicators

XLIRDIVDifference

Max Drawdown

Largest peak-to-trough decline

-62.26%

-49.97%

-12.29%

Max Drawdown (1Y)

Largest decline over 1 year

-12.21%

-4.84%

-7.37%

Max Drawdown (3Y)

Largest decline over 3 years

-18.49%

-17.91%

-0.58%

Max Drawdown (5Y)

Largest decline over 5 years

-21.64%

-24.89%

+3.25%

Max Drawdown (10Y)

Largest decline over 10 years

-42.33%

-49.97%

+7.64%

Current Drawdown

Current decline from peak

-1.24%

0.00%

-1.24%

Average Drawdown

Average peak-to-trough decline

-9.20%

-5.85%

-3.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.09%

1.64%

+1.45%

Volatility

XLI vs. RDIV - Volatility Comparison

Industrial Select Sector SPDR Fund (XLI) has a higher volatility of 6.22% compared to Invesco S&P Ultra Dividend Revenue ETF (RDIV) at 3.52%. This indicates that XLI's price experiences larger fluctuations and is considered to be riskier than RDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XLIRDIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.22%

3.52%

+2.70%

Volatility (6M)

Calculated over the trailing 6-month period

13.59%

8.64%

+4.95%

Volatility (1Y)

Calculated over the trailing 1-year period

16.17%

13.19%

+2.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.55%

17.55%

0.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.04%

21.88%

-1.84%

XLI vs. RDIV - Expense Ratio Comparison

XLI has a 0.08% expense ratio, which is lower than RDIV's 0.39% expense ratio.

Dividends

XLI vs. RDIV - Dividend Comparison

XLI's dividend yield for the trailing twelve months is around 1.16%, less than RDIV's 3.51% yield.

PositionTTM20252024202320222021202020192018201720162015
RDIV
Invesco S&P Ultra Dividend Revenue ETF		3.51%3.94%4.08%3.93%3.44%3.31%4.93%3.84%4.32%4.26%2.20%4.49%
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

XLI and RDIV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XLI has higher volatility (6.22%) compared to RDIV (3.52%). In terms of maximum drawdown, XLI dropped -62.26% vs RDIV's -49.97%.

On 10-year performance, XLI leads with 14.15% vs 11.39% for RDIV. On fees, XLI is cheaper at 0.08% per year. On volatility, RDIV has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, XLI has performed better with a 14.15% return vs 11.39%. 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 0.39% for RDIV.

RDIV has the higher dividend yield at 3.51%, compared with 1.16% for XLI.

XLI is categorized as Industrials Equities, while RDIV is Mid Cap Value Equities. XLI tracks Industrial Select Sector Index, while RDIV tracks S&P 900 Dividend Revenue-Weighted Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.08% for XLI and 0.39% for RDIV.

RDIV currently has the higher Sharpe Ratio (2.31 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.

Portfolio Optimizer

Find the right allocation for XLI and RDIV

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