XLUI vs. FUTY

Last updated Aug 2, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both Utilities Equities funds. XLUI is actively managed, while FUTY is passively managed. Over the past year, XLUI returned 8.36% vs 6.08% for FUTY. Their correlation of 0.94 means they have usually moved in the same direction. XLUI charges 0.35%/yr vs 0.08%/yr for FUTY.

Performance

XLUI vs. FUTY - 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 Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLUI achieves a 8.22% return, which is significantly higher than FUTY's 4.79% return.

XLUI

• 1D: -0.50%
• 1M: -1.79%
• 6M: 6.47%
• YTD: 8.22%
• 1Y: 8.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.49%

FUTY

• 1D: -0.70%
• 1M: -3.20%
• 6M: 3.20%
• YTD: 4.79%
• 1Y: 6.08%
• 3Y*: 13.47%
• 5Y*: 9.14%
• 10Y*: 8.77%
• ALL TIME*: 10.02%

*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)
FUTY Fidelity MSCI Utilities Index ETF	$18.62M	$18.35M	$18.70M
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	$811.48K	$735.97K	$652.13K

XLUI vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	8.22%	0.27%
FUTY Fidelity MSCI Utilities Index ETF	4.79%	2.57%

Correlation

The correlation between XLUI and FUTY is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.94

The correlation between XLUI and FUTY has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

XLUI vs. FUTY - Sectors Allocation Comparison

Sectors	XLUI	FUTY
Financial Services	100.4%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Healthcare	-	-
Industrials	-	0.2%
Real Estate	-	-
Technology	-	-
Utilities	-	99.3%

Return for Risk

XLUI vs. FUTY — Risk / Return Rank

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

XLUI

XLUI Risk / Return Rank: 33
XLUI Sharpe Ratio Rank: 31
XLUI Sortino Ratio Rank: 28
XLUI Omega Ratio Rank: 29
XLUI Calmar Ratio Rank: 40
XLUI Martin Ratio Rank: 35

FUTY

FUTY Risk / Return Rank: 21
FUTY Sharpe Ratio Rank: 21
FUTY Sortino Ratio Rank: 20
FUTY Omega Ratio Rank: 19
FUTY Calmar Ratio Rank: 23
FUTY Martin Ratio Rank: 21

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.

XLUI vs. FUTY - 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 Fidelity MSCI Utilities Index ETF (FUTY). 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.

	XLUI	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	0.75	0.42	+0.33
Sortino ratio: Return per unit of downside risk	1.06	0.67	+0.39
Omega ratio: Gain probability vs. loss probability	1.14	1.08	+0.06
Calmar ratio: Return relative to maximum drawdown	1.42	0.69	+0.73
Martin ratio: Return relative to average drawdown	3.39	1.42	+1.96

XLUI vs. FUTY - Sharpe Ratio Comparison

The current XLUI Sharpe Ratio is 0.75, which is higher than the FUTY Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of XLUI and FUTY, 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

XLUI vs. FUTY - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for XLUI and FUTY.

Drawdown Indicators

	XLUI	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-36.44%	+30.43%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-8.93%	+2.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-3.64%	-5.82%	+2.18%
Average Drawdown Average peak-to-trough decline	-1.87%	-6.00%	+4.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	4.33%	-1.82%

Volatility

XLUI vs. FUTY - Volatility Comparison

The current volatility for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) is 3.81%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 4.48%. This indicates that XLUI experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLUI	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	4.48%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	11.84%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	14.73%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.30%	17.09%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.30%	19.09%	-7.79%

XLUI vs. FUTY - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

XLUI vs. FUTY - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 14.00%, more than FUTY's 2.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUTY Fidelity MSCI Utilities Index ETF	2.65%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	14.00%	7.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XLUI and FUTY in my portfolio?

With a correlation of 0.94, XLUI and FUTY 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 is riskier, XLUI or FUTY?

FUTY has higher volatility (4.48%) compared to XLUI (3.81%). In terms of maximum drawdown, XLUI dropped -6.01% vs FUTY's -36.44%.

Which ETF is better, XLUI or FUTY?

On 1-year performance, XLUI leads with 8.36% vs 6.08% for FUTY. On fees, FUTY is cheaper at 0.08% per year. On volatility, XLUI has been the lower-risk option at 3.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XLUI or FUTY?

Over the 1-year period, XLUI has performed better with a 8.36% return vs 6.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XLUI or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.35% for XLUI.

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

XLUI has the higher dividend yield at 14.00%, compared with 2.65% for FUTY.

What is the main difference between XLUI and FUTY?

They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.35% for XLUI and 0.08% for FUTY.

Which has better risk-adjusted returns?

XLUI currently has the higher Sharpe Ratio (0.75 vs 0.42), 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.