XLI vs. TRUI

Last updated Jul 24, 2026

XLI (Industrial Select Sector SPDR Fund) and TRUI (VanEck Industrials TruSector ETF) are both Industrials Equities funds. XLI is passively managed, while TRUI is actively managed. With a 0.98 correlation, they move nearly in lockstep. XLI charges 0.08%/yr vs 0.10%/yr for TRUI.

Performance

XLI vs. TRUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Industrial Select Sector SPDR Fund (XLI) and VanEck Industrials TruSector ETF (TRUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XLI

• 1D: 1.73%
• 1M: 2.13%
• 6M: 10.51%
• YTD: 17.91%
• 1Y: 19.88%
• 3Y*: 20.05%
• 5Y*: 13.62%
• 10Y*: 14.06%
• ALL TIME*: 9.69%

TRUI

• 1D: 1.65%
• 1M: 1.89%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TRUI VanEck Industrials TruSector ETF	$3.53K	$2.07K	$9.38K
XLI Industrial Select Sector SPDR Fund	$1.13B	$1.23B	$1.36B

XLI vs. TRUI - Yearly Performance Comparison

	2026 (YTD)
XLI Industrial Select Sector SPDR Fund	4.71%
TRUI VanEck Industrials TruSector ETF	3.29%

Correlation

The correlation between XLI and TRUI is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.98

Return for Risk

XLI vs. TRUI — Risk / Return Rank

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

XLI

XLI Risk / Return Rank: 45
XLI Sharpe Ratio Rank: 45
XLI Sortino Ratio Rank: 45
XLI Omega Ratio Rank: 42
XLI Calmar Ratio Rank: 42
XLI Martin Ratio Rank: 50

TRUI

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

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. TRUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Industrial Select Sector SPDR Fund (XLI) and VanEck Industrials TruSector ETF (TRUI). 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	TRUI	Difference
Sharpe ratio: Return per unit of total volatility	1.20	—	—
Sortino ratio: Return per unit of downside risk	1.77	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.63	—	—
Martin ratio: Return relative to average drawdown	6.29	—	—

Drawdowns

XLI vs. TRUI - Drawdown Comparison

The maximum XLI drawdown since its inception was -62.26%, which is greater than TRUI's maximum drawdown of -3.98%. Use the drawdown chart below to compare losses from any high point for XLI and TRUI.

Drawdown Indicators

	XLI	TRUI	Difference
Max Drawdown Largest peak-to-trough decline	-62.26%	-3.98%	-58.28%
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 Drawdown Current decline from peak	-1.95%	-1.94%	-0.01%
Average Drawdown Average peak-to-trough decline	-9.17%	-1.49%	-7.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	—	—

Volatility

Volatility by Period

	XLI	TRUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	19.90%	-3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	19.90%	-2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	19.90%	+0.11%

XLI vs. TRUI - Expense Ratio Comparison

XLI has a 0.08% expense ratio, which is lower than TRUI's 0.10% 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. TRUI - Dividend Comparison

XLI's dividend yield for the trailing twelve months is around 1.13%, while TRUI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRUI VanEck Industrials TruSector ETF	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	1.13%	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 TRUI in my portfolio?

With a correlation of 0.98, XLI and TRUI 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.

Which ETF is better, XLI or TRUI?

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.

Which ETF is cheaper, XLI or TRUI?

XLI is cheaper with a 0.08% expense ratio, compared with 0.10% for TRUI.

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

XLI has the higher dividend yield at 1.13%, compared with 0.00% for TRUI.

What is the main difference between XLI and TRUI?

They also come from different issuers: State Street and Van Eck Absolute Return Advisers Corporation. Their fees differ too: 0.08% for XLI and 0.10% for TRUI.