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XLKI vs. IGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLKI vs. IGV

Last updated Jul 12, 2026
Documentation

XLKI (State Street Technology Select Sector SPDR Premium Income ETF) and IGV (iShares Expanded Tech-Software Sector ETF) are both Technology Equities funds. XLKI is actively managed, while IGV is passively managed. A 0.54 correlation means they provide meaningful diversification when combined. XLKI charges 0.35%/yr vs 0.39%/yr for IGV.

Performance

XLKI vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Technology Select Sector SPDR Premium Income ETF (XLKI) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XLKI achieves a 15.15% return, which is significantly higher than IGV's -12.55% return.

XLKI

1D
0.28%
1M
1.80%
6M
13.70%
YTD
15.15%
1Y
—
3Y*
—
5Y*
—
10Y*
—

IGV

1D
-1.57%
1M
1.90%
6M
-11.97%
YTD
-12.55%
1Y
-14.01%
3Y*
9.63%
5Y*
3.01%
10Y*
15.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLKI vs. IGV - Yearly Performance Comparison

2026 (YTD)2025
XLKI
State Street Technology Select Sector SPDR Premium Income ETF		15.15%10.02%
IGV
iShares Expanded Tech-Software Sector ETF		-12.55%-6.48%

Correlation

The correlation between XLKI and IGV is 0.54, 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

0.54

XLKI vs. IGV - Sectors Allocation Comparison

Sectors
XLKI
IGV

Technology

99.0%
89.1%

Financial Services

98.0%
1.9%

Communication Services

1.0%
8.6%

Basic Materials

-

-

Consumer Cyclical

-

0.3%

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

0.1%

Real Estate

-

-

Utilities

-

-

Technology

XLKI
99.0%
IGV
89.1%

Financial Services

XLKI
98.0%
IGV
1.9%

Communication Services

XLKI
1.0%
IGV
8.6%

Basic Materials

XLKI

-

IGV

-

Consumer Cyclical

XLKI

-

IGV
0.3%

Consumer Defensive

XLKI

-

IGV

-

Energy

XLKI

-

IGV

-

Healthcare

XLKI

-

IGV

-

Industrials

XLKI

-

IGV
0.1%

Real Estate

XLKI

-

IGV

-

Utilities

XLKI

-

IGV

-

Compare stocks, funds, or ETFs

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

State Street Technology Select Sector SPDR Premium Income ETF

iShares Expanded Tech-Software Sector ETF

Often compared with XLKI:
XLKI vs. XLKXLKI vs. RSPTXLKI vs. KQQQXLKI vs. ASMHXLKI vs. QQQXLKI vs. ARMHXLKI vs. MAGS
Often compared with IGV:
IGV vs. QQQIGV vs. SOXXIGV vs. XSWIGV vs. VGTIGV vs. XLKIGV vs. SMHXIGV vs. VOO

Return for Risk

XLKI vs. IGV — Risk / Return Rank

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

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

IGV
IGV Risk / Return Rank: 55
Overall Rank
IGV Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 55
Sortino Ratio Rank
IGV Omega Ratio Rank: 55
Omega Ratio Rank
IGV Calmar Ratio Rank: 66
Calmar Ratio Rank
IGV Martin Ratio Rank: 55
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.

XLKI vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR Premium Income ETF (XLKI) and iShares Expanded Tech-Software Sector ETF (IGV). 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.

XLKIIGVDifference
Sharpe ratioReturn per unit of total volatility

—

-0.54

—

Sortino ratioReturn per unit of downside risk

—

-0.60

—

Omega ratioGain probability vs. loss probability

—

0.93

—

Calmar ratioReturn relative to maximum drawdown

—

-0.42

—

Martin ratioReturn relative to average drawdown

—

-0.82

—

XLKI vs. IGV - Sharpe Ratio Comparison

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Drawdowns

XLKI vs. IGV - Drawdown Comparison

The maximum XLKI drawdown since its inception was -10.24%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for XLKI and IGV.

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Drawdown Indicators

XLKIIGVDifference

Max Drawdown

Largest peak-to-trough decline

-10.24%

-63.45%

+53.21%

Max Drawdown (1Y)

Largest decline over 1 year

—

-36.61%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-36.61%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-45.85%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.85%

—

Current Drawdown

Current decline from peak

-2.95%

-21.53%

+18.58%

Average Drawdown

Average peak-to-trough decline

-1.89%

-14.47%

+12.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

18.61%

—

Volatility

XLKI vs. IGV - Volatility Comparison

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Volatility by Period

XLKIIGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

8.14%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

25.38%

—

Volatility (1Y)

Calculated over the trailing 1-year period

19.09%

28.79%

-9.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.09%

28.09%

-9.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.09%

26.40%

-7.31%

XLKI vs. IGV - Expense Ratio Comparison

XLKI has a 0.35% expense ratio, which is lower than IGV's 0.39% expense ratio.

Dividends

XLKI vs. IGV - Dividend Comparison

XLKI's dividend yield for the trailing twelve months is around 17.21%, more than IGV's 0.02% yield.

PositionTTM20252024202320222021202020192018201720162015
IGV
iShares Expanded Tech-Software Sector ETF		0.02%0.00%0.00%0.01%0.01%0.00%0.35%0.02%0.16%0.09%0.82%0.22%
XLKI
State Street Technology Select Sector SPDR Premium Income ETF		17.21%8.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

XLKI and IGV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

XLKI is cheaper with a 0.35% expense ratio, compared with 0.39% for IGV.

XLKI has the higher dividend yield at 17.21%, compared with 0.02% for IGV.

They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLKI and 0.39% for IGV.

Portfolio Optimizer

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