XLII vs. FTQI

Last updated Jul 17, 2026

XLII (State Street Industrial Select Sector SPDR Premium Income ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - XLII is a Derivative Income fund actively managed by State Street, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. XLII is actively managed, while FTQI is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. XLII charges 0.35%/yr vs 0.75%/yr for FTQI.

Performance

XLII vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Industrial Select Sector SPDR Premium Income ETF (XLII) and First Trust Nasdaq BuyWrite Income ETF (FTQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLII achieves a 11.46% return, which is significantly lower than FTQI's 12.76% return.

XLII

• 1D: 0.14%
• 1M: 0.82%
• 6M: 8.85%
• YTD: 11.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTQI

• 1D: -0.72%
• 1M: 1.28%
• 6M: 11.68%
• YTD: 12.76%
• 1Y: 26.34%
• 3Y*: 16.62%
• 5Y*: 12.26%
• 10Y*: 7.85%

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

XLII vs. FTQI - Yearly Performance Comparison

	2026 (YTD)	2025
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.46%	6.30%
FTQI First Trust Nasdaq BuyWrite Income ETF	12.76%	10.32%

Correlation

The correlation between XLII and FTQI is 0.66, 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 Jul 30, 2025	0.66

XLII vs. FTQI - Sectors Allocation Comparison

Sectors	XLII	FTQI
Financial Services	100.1%	5.5%
Industrials	93.8%	4.1%
Technology	5.9%	49.4%
Consumer Cyclical	0.3%	10.5%
Basic Materials	-	1.4%
Communication Services	-	11.8%
Consumer Defensive	-	6.2%
Energy	-	2.3%
Healthcare	-	6.0%
Real Estate	-	1.3%
Utilities	-	1.5%

Return for Risk

XLII vs. FTQI — Risk / Return Rank

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

XLII

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

FTQI

FTQI Risk / Return Rank: 91
FTQI Sharpe Ratio Rank: 90
FTQI Sortino Ratio Rank: 89
FTQI Omega Ratio Rank: 90
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 94

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.

XLII vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Industrial Select Sector SPDR Premium Income ETF (XLII) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.

	XLII	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.43	—
Sortino ratio: Return per unit of downside risk	—	3.37	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.24	—
Martin ratio: Return relative to average drawdown	—	20.07	—

Drawdowns

XLII vs. FTQI - Drawdown Comparison

The maximum XLII drawdown since its inception was -10.10%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for XLII and FTQI.

Drawdown Indicators

	XLII	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-10.10%	-19.42%	+9.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.42%	—
Current Drawdown Current decline from peak	-1.72%	-0.85%	-0.87%
Average Drawdown Average peak-to-trough decline	-1.27%	-3.73%	+2.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.32%	—

Volatility

Volatility by Period

	XLII	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.12%	10.87%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.12%	14.82%	-2.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.12%	12.98%	-0.86%

XLII vs. FTQI - Expense Ratio Comparison

XLII has a 0.35% expense ratio, which is lower than FTQI's 0.75% expense ratio.

Dividends

XLII vs. FTQI - Dividend Comparison

XLII's dividend yield for the trailing twelve months is around 12.13%, more than FTQI's 10.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQI First Trust Nasdaq BuyWrite Income ETF	10.92%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	12.13%	5.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XLII and FTQI in my portfolio?

XLII and FTQI have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLII or FTQI?

On fees, XLII is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLII or FTQI?

XLII is cheaper with a 0.35% expense ratio, compared with 0.75% for FTQI.

Which ETF pays a higher dividend yield, XLII or FTQI?

XLII has the higher dividend yield at 12.13%, compared with 10.92% for FTQI.

What is the main difference between XLII and FTQI?

XLII is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: State Street and First Trust. Their fees differ too: 0.35% for XLII and 0.75% for FTQI.