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XLKI vs. MLPX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XLKI vs. MLPX

Last updated Jun 24, 2026

XLKI (State Street Technology Select Sector SPDR Premium Income ETF) and MLPX (Global X MLP & Energy Infrastructure ETF) are both exchange-traded funds - XLKI is a Technology Equities fund actively managed by State Street, while MLPX is a MLPs fund tracking the Solactive MLP & Energy Infrastructure Index. XLKI is actively managed, while MLPX is passively managed. At a correlation of -0.08, they often move in opposite directions. XLKI charges 0.35%/yr vs 0.45%/yr for MLPX.

Performance

XLKI vs. MLPX - 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 Global X MLP & Energy Infrastructure ETF (MLPX). 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 13.50% return, which is significantly lower than MLPX's 25.35% return.

XLKI

1D
-2.85%
1M
-1.72%
YTD
13.50%
6M
13.18%
1Y
—
3Y*
—
5Y*
—
10Y*
—

MLPX

1D
1.68%
1M
-3.98%
YTD
25.35%
6M
25.51%
1Y
27.11%
3Y*
29.56%
5Y*
21.27%
10Y*
12.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XLKI vs. MLPX - Yearly Performance Comparison

2026 (YTD)2025
XLKI
State Street Technology Select Sector SPDR Premium Income ETF		13.50%10.02%
MLPX
Global X MLP & Energy Infrastructure ETF		25.35%0.32%

Correlation

The correlation between XLKI and MLPX is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 30, 2025

-0.08

XLKI vs. MLPX - Sectors Allocation Comparison

Sectors
XLKI
MLPX

Financial Services

106.8%

-

Technology

99.0%

-

Communication Services

1.0%

-

Basic Materials

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

99.5%

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

0.3%

Financial Services

XLKI
106.8%
MLPX

-

Technology

XLKI
99.0%
MLPX

-

Communication Services

XLKI
1.0%
MLPX

-

Basic Materials

XLKI

-

MLPX

-

Consumer Cyclical

XLKI

-

MLPX

-

Consumer Defensive

XLKI

-

MLPX

-

Energy

XLKI

-

MLPX
99.5%

Healthcare

XLKI

-

MLPX

-

Industrials

XLKI

-

MLPX

-

Real Estate

XLKI

-

MLPX

-

Utilities

XLKI

-

MLPX
0.3%

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

Global X MLP & Energy Infrastructure ETF

Often compared with XLKI:
XLKI vs. XLKXLKI vs. RSPTXLKI vs. KQQQXLKI vs. QQQXLKI vs. ASMHXLKI vs. ARMHXLKI vs. MAGS
Often compared with MLPX:
MLPX vs. ENFRMLPX vs. XLEMLPX vs. VDEMLPX vs. VOOMLPX vs. UMIMLPX vs. IYEMLPX vs. TPYP

Return for Risk

XLKI vs. MLPX — 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.

MLPX
MLPX Risk / Return Rank: 5555
Overall Rank
MLPX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
MLPX Sortino Ratio Rank: 5353
Sortino Ratio Rank
MLPX Omega Ratio Rank: 4949
Omega Ratio Rank
MLPX Calmar Ratio Rank: 6969
Calmar Ratio Rank
MLPX Martin Ratio Rank: 4949
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. MLPX - 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 Global X MLP & Energy Infrastructure ETF (MLPX). 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.

XLKIMLPXDifference
Sharpe ratioReturn per unit of total volatility

—

1.77

—

Sortino ratioReturn per unit of downside risk

—

2.46

—

Omega ratioGain probability vs. loss probability

—

1.30

—

Calmar ratioReturn relative to maximum drawdown

—

3.33

—

Martin ratioReturn relative to average drawdown

—

8.00

—

XLKI vs. MLPX - Sharpe Ratio Comparison

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Drawdowns

XLKI vs. MLPX - Drawdown Comparison

The maximum XLKI drawdown since its inception was -10.24%, smaller than the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for XLKI and MLPX.

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Drawdown Indicators

XLKIMLPXDifference

Max Drawdown

Largest peak-to-trough decline

-10.24%

-70.67%

+60.43%

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.18%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-16.77%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.72%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.70%

—

Current Drawdown

Current decline from peak

-4.34%

-4.34%

0.00%

Average Drawdown

Average peak-to-trough decline

-1.76%

-16.58%

+14.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.40%

—

Volatility

XLKI vs. MLPX - Volatility Comparison

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Volatility by Period

XLKIMLPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.80%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.78%

—

Volatility (1Y)

Calculated over the trailing 1-year period

18.48%

15.43%

+3.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.48%

19.99%

-1.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.48%

26.47%

-7.99%

XLKI vs. MLPX - Expense Ratio Comparison

XLKI has a 0.35% expense ratio, which is lower than MLPX's 0.45% expense ratio.

Dividends

XLKI vs. MLPX - Dividend Comparison

XLKI's dividend yield for the trailing twelve months is around 14.74%, more than MLPX's 4.09% yield.

PositionTTM20252024202320222021202020192018201720162015
MLPX
Global X MLP & Energy Infrastructure ETF		4.09%4.88%4.30%5.22%5.23%5.98%8.32%5.78%5.77%4.36%5.50%4.81%
XLKI
State Street Technology Select Sector SPDR Premium Income ETF		14.74%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 MLPX have a correlation of -0.08, 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 0.45% for MLPX.

XLKI has the higher dividend yield at 14.74%, compared with 4.09% for MLPX.

XLKI is categorized as Technology Equities, while MLPX is MLPs. They also come from different issuers: State Street and Global X. Their fees differ too: 0.35% for XLKI and 0.45% for MLPX.

Portfolio Optimizer

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