XLSI vs. XYLD

Last updated Aug 2, 2026

XLSI (Consumer Staples Select Sector SPDR Premium Income ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both Derivative Income funds. XLSI is actively managed, while XYLD is passively managed. Over the past year, XLSI returned 6.59% vs 18.90% for XYLD. Their -0.01 correlation means they have often moved in opposite directions in the past. XLSI charges 0.35%/yr vs 0.60%/yr for XYLD.

Performance

XLSI vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) and Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLSI achieves a 6.67% return, which is significantly lower than XYLD's 8.05% return.

XLSI

• 1D: 0.02%
• 1M: 0.27%
• 6M: 1.55%
• YTD: 6.67%
• 1Y: 6.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.53%

XYLD

• 1D: 0.49%
• 1M: 1.82%
• 6M: 6.81%
• YTD: 8.05%
• 1Y: 18.90%
• 3Y*: 11.51%
• 5Y*: 7.90%
• 10Y*: 8.34%
• ALL TIME*: 8.37%

*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)
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	$285.83K	$265.98K	$245.15K
XYLD Global X S&P 500 Covered Call ETF	$36.93M	$37.58M	$32.35M

XLSI vs. XYLD - Yearly Performance Comparison

	2026 (YTD)	2025
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	6.67%	-1.06%
XYLD Global X S&P 500 Covered Call ETF	8.05%	9.02%

Correlation

The correlation between XLSI and XYLD is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.02
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.01

XLSI vs. XYLD - Sectors Allocation Comparison

Sectors	XLSI	XYLD
Financial Services	100.0%	11.6%
Consumer Defensive	98.2%	4.5%
Consumer Cyclical	1.8%	9.5%
Basic Materials	-	1.7%
Communication Services	-	9.9%
Energy	-	3.0%
Healthcare	-	8.9%
Industrials	-	8.4%
Real Estate	-	1.8%
Technology	-	38.5%
Utilities	-	2.2%

Return for Risk

XLSI vs. XYLD — Risk / Return Rank

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

XLSI

XLSI Risk / Return Rank: 26
XLSI Sharpe Ratio Rank: 28
XLSI Sortino Ratio Rank: 26
XLSI Omega Ratio Rank: 26
XLSI Calmar Ratio Rank: 28
XLSI Martin Ratio Rank: 24

XYLD

XYLD Risk / Return Rank: 93
XYLD Sharpe Ratio Rank: 93
XYLD Sortino Ratio Rank: 94
XYLD Omega Ratio Rank: 95
XYLD Calmar Ratio Rank: 87
XYLD Martin Ratio Rank: 94

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.

XLSI vs. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) and Global X S&P 500 Covered Call ETF (XYLD). 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.

	XLSI	XYLD	Difference
Sharpe ratio: Return per unit of total volatility	0.64	2.53	-1.88
Sortino ratio: Return per unit of downside risk	0.98	3.60	-2.62
Omega ratio: Gain probability vs. loss probability	1.12	1.56	-0.44
Calmar ratio: Return relative to maximum drawdown	0.91	3.40	-2.50
Martin ratio: Return relative to average drawdown	1.87	17.69	-15.82

XLSI vs. XYLD - Sharpe Ratio Comparison

The current XLSI Sharpe Ratio is 0.64, which is lower than the XYLD Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of XLSI and XYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XLSI vs. XYLD - Drawdown Comparison

The maximum XLSI drawdown since its inception was -7.87%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for XLSI and XYLD.

Drawdown Indicators

	XLSI	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-33.46%	+25.59%
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	-5.29%	-2.58%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-1.93%	0.00%	-1.93%
Average Drawdown Average peak-to-trough decline	-3.20%	-3.68%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	1.02%	+2.80%

Volatility

XLSI vs. XYLD - Volatility Comparison

Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) has a higher volatility of 4.23% compared to Global X S&P 500 Covered Call ETF (XYLD) at 1.92%. This indicates that XLSI's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLSI	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	1.92%	+2.31%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	5.97%	+2.90%
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	7.13%	+4.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	11.27%	-0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	14.15%	-2.98%

XLSI vs. XYLD - Expense Ratio Comparison

XLSI has a 0.35% expense ratio, which is lower than XYLD's 0.60% expense ratio.

Dividends

XLSI vs. XYLD - Dividend Comparison

XLSI's dividend yield for the trailing twelve months is around 11.89%, more than XYLD's 10.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	11.89%	5.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLD Global X S&P 500 Covered Call ETF	10.53%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Frequently Asked Questions

Can I hold both XLSI and XYLD in my portfolio?

XLSI and XYLD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLSI or XYLD?

XLSI has higher volatility (4.23%) compared to XYLD (1.92%). In terms of maximum drawdown, XLSI dropped -7.87% vs XYLD's -33.46%.

Which ETF is better, XLSI or XYLD?

On 1-year performance, XYLD leads with 18.90% vs 6.59% for XLSI. On fees, XLSI is cheaper at 0.35% per year. On volatility, XYLD has been the lower-risk option at 1.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XLSI or XYLD?

Over the 1-year period, XYLD has performed better with a 18.90% return vs 6.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XLSI or XYLD?

XLSI is cheaper with a 0.35% expense ratio, compared with 0.60% for XYLD.

Which ETF pays a higher dividend yield, XLSI or XYLD?

XLSI has the higher dividend yield at 11.89%, compared with 10.53% for XYLD.

What is the main difference between XLSI and XYLD?

They also come from different issuers: State Street and Global X. Their fees differ too: 0.35% for XLSI and 0.60% for XYLD.

Which has better risk-adjusted returns?

XYLD currently has the higher Sharpe Ratio (2.53 vs 0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.