XLII vs. IVEP

Last updated Aug 2, 2026

XLII (State Street Industrial Select Sector SPDR Premium Income ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - XLII is a Derivative Income fund actively managed by State Street, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. XLII is actively managed, while IVEP is passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. XLII charges 0.35%/yr vs 0.75%/yr for IVEP.

Performance

XLII vs. IVEP - 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 Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XLII

• 1D: 0.96%
• 1M: -0.49%
• 6M: 8.98%
• YTD: 11.91%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.91%

IVEP

• 1D: 0.51%
• 1M: -3.48%
• 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)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	$577.50K	$624.15K	$882.90K
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$449.50K	$324.22K	$213.70K

XLII vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.24%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	-1.60%

Correlation

The correlation between XLII and IVEP is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.67

XLII vs. IVEP - Sectors Allocation Comparison

Sectors	XLII	IVEP
Financial Services	100.8%	-
Industrials	93.8%	45.4%
Technology	5.9%	7.6%
Consumer Cyclical	0.3%	-
Basic Materials	-	2.2%
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	12.5%
Healthcare	-	-
Real Estate	-	10.1%
Utilities	-	22.3%

Return for Risk

XLII vs. IVEP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XLII

XLII Risk / Return Rank: 66
XLII Sharpe Ratio Rank: 69
XLII Sortino Ratio Rank: 68
XLII Omega Ratio Rank: 69
XLII Calmar Ratio Rank: 54
XLII Martin Ratio Rank: 70

IVEP

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XLII vs. IVEP - 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 Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). 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	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	1.59	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.93	—	—
Martin ratio: Return relative to average drawdown	8.68	—	—

Drawdowns

XLII vs. IVEP - Drawdown Comparison

The maximum XLII drawdown since its inception was -10.10%, smaller than the maximum IVEP drawdown of -17.54%. Use the drawdown chart below to compare losses from any high point for XLII and IVEP.

Drawdown Indicators

	XLII	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-10.10%	-17.54%	+7.44%
Max Drawdown (1Y) Largest decline over 1 year	-10.10%	—	—
Current Drawdown Current decline from peak	-1.32%	-11.86%	+10.54%
Average Drawdown Average peak-to-trough decline	-1.28%	-5.01%	+3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	—	—

Volatility

Volatility by Period

	XLII	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.25%	31.41%	-19.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.23%	31.41%	-19.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.23%	31.41%	-19.18%

XLII vs. IVEP - Expense Ratio Comparison

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

Dividends

XLII vs. IVEP - Dividend Comparison

XLII's dividend yield for the trailing twelve months is around 12.08%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	12.08%	5.47%

Frequently Asked Questions

Can I hold both XLII and IVEP in my portfolio?

XLII and IVEP have a correlation of 0.67, 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 IVEP?

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 IVEP?

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

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

XLII has the higher dividend yield at 12.08%, compared with 0.00% for IVEP.

What is the main difference between XLII and IVEP?

XLII is categorized as Derivative Income, while IVEP is Industrials Equities. They also come from different issuers: State Street and Wedbush. Their fees differ too: 0.35% for XLII and 0.75% for IVEP.