XLUI vs. NIHI

Last updated Jun 4, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - XLUI is a Utilities Equities fund actively managed by State Street, while NIHI is a Derivative Income fund actively managed by Neos. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. XLUI charges 0.35%/yr vs 0.68%/yr for NIHI.

Performance

XLUI vs. NIHI - 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 NEOS MSCI EAFE High Income ETF (NIHI). 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 lower than NIHI's 5.84% return.

XLUI

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

NIHI

• 1D: -0.52%
• 1M: 3.11%
• YTD: 5.84%
• 6M: 8.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLUI vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	4.99%	0.24%
NIHI NEOS MSCI EAFE High Income ETF	5.84%	5.33%

Correlation

The correlation between XLUI and NIHI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.24

XLUI vs. NIHI - Sectors Allocation Comparison

Sectors	XLUI	NIHI
Financial Services	100.0%	22.9%
Basic Materials	-	6.6%
Communication Services	-	4.5%
Consumer Cyclical	-	8.2%
Consumer Defensive	-	6.4%
Energy	-	4.0%
Healthcare	-	9.8%
Industrials	-	20.5%
Real Estate	-	3.1%
Technology	-	10.2%
Utilities	-	3.8%

Return for Risk

XLUI vs. NIHI - 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 NEOS MSCI EAFE High Income ETF (NIHI). 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	NIHI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.10	-0.51

Drawdowns

XLUI vs. NIHI - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum NIHI drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for XLUI and NIHI.

Drawdown Indicators

	XLUI	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-10.88%	+4.87%
Current Drawdown Current decline from peak	-4.60%	-1.15%	-3.45%
Average Drawdown Average peak-to-trough decline	-1.92%	-2.38%	+0.46%

Volatility

Volatility by Period

	XLUI	NIHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.12%	15.11%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	15.11%	-3.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.12%	15.11%	-3.99%

XLUI vs. NIHI - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is lower than NIHI's 0.68% expense ratio.

Dividends

XLUI vs. NIHI - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.81%, more than NIHI's 7.83% yield.

Position	TTM	2025
NIHI NEOS MSCI EAFE High Income ETF	7.83%	3.44%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.81%	7.12%

Frequently Asked Questions

Can I hold both XLUI and NIHI in my portfolio?

XLUI and NIHI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLUI or NIHI?

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 NIHI?

XLUI is cheaper with a 0.35% expense ratio, compared with 0.68% for NIHI.

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

XLUI has the higher dividend yield at 12.81%, compared with 7.83% for NIHI.

What is the main difference between XLUI and NIHI?

XLUI is categorized as Utilities Equities, while NIHI is Derivative Income. They also come from different issuers: State Street and Neos. Their fees differ too: 0.35% for XLUI and 0.68% for NIHI.