XLUI vs. DVUT

Last updated Jun 4, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and DVUT (WEBs Utilities XLU Defined Volatility ETF) are both Utilities Equities funds. XLUI is actively managed, while DVUT is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. XLUI charges 0.35%/yr vs 0.89%/yr for DVUT.

Performance

XLUI vs. DVUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and WEBs Utilities XLU Defined Volatility ETF (DVUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLUI achieves a 4.99% return, which is significantly higher than DVUT's 2.83% return.

XLUI

• 1D: -0.18%
• 1M: -4.28%
• YTD: 4.99%
• 6M: 3.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVUT

• 1D: -0.38%
• 1M: -8.69%
• YTD: 2.83%
• 6M: -0.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLUI vs. DVUT - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	4.99%	0.51%
DVUT WEBs Utilities XLU Defined Volatility ETF	2.83%	0.23%

Correlation

The correlation between XLUI and DVUT is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.94

Return for Risk

XLUI vs. DVUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and WEBs Utilities XLU Defined Volatility ETF (DVUT). 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.

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

Sharpe Ratios by Period

	XLUI	DVUT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.22	+0.38

Drawdowns

XLUI vs. DVUT - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum DVUT drawdown of -18.27%. Use the drawdown chart below to compare losses from any high point for XLUI and DVUT.

Drawdown Indicators

	XLUI	DVUT	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-18.27%	+12.26%
Current Drawdown Current decline from peak	-4.60%	-13.96%	+9.36%
Average Drawdown Average peak-to-trough decline	-1.92%	-7.63%	+5.71%

Volatility

Volatility by Period

	XLUI	DVUT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.12%	26.67%	-15.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	26.67%	-15.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.12%	26.67%	-15.55%

XLUI vs. DVUT - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is lower than DVUT's 0.89% expense ratio.

Dividends

XLUI vs. DVUT - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.81%, while DVUT has not paid dividends to shareholders.

Position	TTM	2025
DVUT WEBs Utilities XLU Defined Volatility ETF	0.00%	0.00%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.81%	7.12%

Frequently Asked Questions

Can I hold both XLUI and DVUT in my portfolio?

With a correlation of 0.94, XLUI and DVUT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, XLUI or DVUT?

On fees, XLUI 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, XLUI or DVUT?

XLUI is cheaper with a 0.35% expense ratio, compared with 0.89% for DVUT.

Which ETF pays a higher dividend yield, XLUI or DVUT?

XLUI has the higher dividend yield at 12.81%, compared with 0.00% for DVUT.

What is the main difference between XLUI and DVUT?

They also come from different issuers: State Street and WEBs. Their fees differ too: 0.35% for XLUI and 0.89% for DVUT.