XLKI vs. NRGU

Last updated Jul 17, 2026

XLKI (State Street Technology Select Sector SPDR Premium Income ETF) and NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) are both exchange-traded funds - XLKI is a Technology Equities fund actively managed by State Street, while NRGU is a Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%). XLKI is actively managed, while NRGU is passively managed. At a correlation of -0.08, they often move in opposite directions. XLKI charges 0.35%/yr vs 0.95%/yr for NRGU.

Performance

XLKI vs. NRGU - 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 MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLKI achieves a 11.04% return, which is significantly lower than NRGU's 118.00% return.

XLKI

• 1D: -1.80%
• 1M: -2.81%
• 6M: 9.30%
• YTD: 11.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRGU

• 1D: 3.84%
• 1M: 18.77%
• 6M: 86.19%
• YTD: 118.00%
• 1Y: 119.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLKI vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
XLKI State Street Technology Select Sector SPDR Premium Income ETF	11.04%	10.02%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	118.00%	-12.50%

Correlation

The correlation between XLKI and NRGU 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. NRGU - Sectors Allocation Comparison

Sectors	XLKI	NRGU
Technology	99.0%	-
Financial Services	98.0%	-
Communication Services	1.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

XLKI vs. NRGU — 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.

NRGU

NRGU Risk / Return Rank: 55
NRGU Sharpe Ratio Rank: 58
NRGU Sortino Ratio Rank: 52
NRGU Omega Ratio Rank: 50
NRGU Calmar Ratio Rank: 69
NRGU Martin Ratio Rank: 47

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. NRGU - 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 MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). 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.

	XLKI	NRGU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.56	—
Sortino ratio: Return per unit of downside risk	—	2.08	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.73	—
Martin ratio: Return relative to average drawdown	—	6.13	—

Drawdowns

XLKI vs. NRGU - Drawdown Comparison

The maximum XLKI drawdown since its inception was -10.24%, smaller than the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for XLKI and NRGU.

Drawdown Indicators

	XLKI	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-10.24%	-57.50%	+47.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-43.89%	—
Current Drawdown Current decline from peak	-6.42%	-24.81%	+18.39%
Average Drawdown Average peak-to-trough decline	-1.94%	-26.06%	+24.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.53%	—

Volatility

Volatility by Period

	XLKI	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	63.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.22%	76.98%	-57.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.22%	89.07%	-69.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.22%	89.07%	-69.85%

XLKI vs. NRGU - Expense Ratio Comparison

XLKI has a 0.35% expense ratio, which is lower than NRGU's 0.95% expense ratio.

Dividends

XLKI vs. NRGU - Dividend Comparison

XLKI's dividend yield for the trailing twelve months is around 17.85%, while NRGU has not paid dividends to shareholders.

Position	TTM	2025
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	0.00%	0.00%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.85%	8.52%

Frequently Asked Questions

Can I hold both XLKI and NRGU in my portfolio?

XLKI and NRGU 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.

Which ETF is better, XLKI or NRGU?

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.

Which ETF is cheaper, XLKI or NRGU?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.95% for NRGU.

Which ETF pays a higher dividend yield, XLKI or NRGU?

XLKI has the higher dividend yield at 17.85%, compared with 0.00% for NRGU.

What is the main difference between XLKI and NRGU?

XLKI is categorized as Technology Equities, while NRGU is Leveraged Equities. They also come from different issuers: State Street and BMO. Their fees differ too: 0.35% for XLKI and 0.95% for NRGU.