XLYI vs. FTQI
XLYI (State Street Consumer Discretionary Select Sector SPDR Premium Income ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - XLYI is a Derivative Income fund actively managed by State Street, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. XLYI is actively managed, while FTQI is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. XLYI charges 0.35%/yr vs 0.75%/yr for FTQI.
Performance
XLYI vs. FTQI - Performance Comparison
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Returns By Period
In the year-to-date period, XLYI achieves a 0.08% return, which is significantly lower than FTQI's 11.74% return.
XLYI
- 1D
- -0.63%
- 1M
- 1.48%
- 6M
- 0.99%
- YTD
- 0.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTQI
- 1D
- -0.54%
- 1M
- 0.87%
- 6M
- 11.74%
- YTD
- 11.74%
- 1Y
- 25.77%
- 3Y*
- 16.45%
- 5Y*
- 11.27%
- 10Y*
- 8.30%
XLYI vs. FTQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF | 0.08% | 5.63% |
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.74% | 10.32% |
Correlation
The correlation between XLYI and FTQI is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.71 |
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Return for Risk
XLYI vs. FTQI — Risk / Return Rank
XLYI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FTQI
XLYI vs. FTQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.
| XLYI | FTQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.46 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.20 | — |
| Martin ratioReturn relative to average drawdown | — | 19.92 | — |
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Drawdowns
XLYI vs. FTQI - Drawdown Comparison
The maximum XLYI drawdown since its inception was -12.32%, smaller than the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for XLYI and FTQI.
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Drawdown Indicators
| XLYI | FTQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.32% | -19.42% | +7.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.42% | — |
Current DrawdownCurrent decline from peak | -3.49% | -0.63% | -2.86% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -3.74% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.31% | — |
Volatility
XLYI vs. FTQI - Volatility Comparison
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Volatility by Period
| XLYI | FTQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.55% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 10.73% | +5.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.74% | 14.83% | +0.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 13.28% | +2.46% |
XLYI vs. FTQI - Expense Ratio Comparison
XLYI has a 0.35% expense ratio, which is lower than FTQI's 0.75% expense ratio.
Dividends
XLYI vs. FTQI - Dividend Comparison
XLYI's dividend yield for the trailing twelve months is around 14.74%, more than FTQI's 11.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQI First Trust Nasdaq BuyWrite Income ETF | 11.02% | 11.46% | 11.66% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 3.27% | 2.74% | 3.02% | 3.54% |
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF | 14.74% | 6.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLYI and FTQI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLYI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLYI is cheaper with a 0.35% expense ratio, compared with 0.75% for FTQI.
XLYI has the higher dividend yield at 14.74%, compared with 11.02% for FTQI.
XLYI is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: State Street and First Trust. Their fees differ too: 0.35% for XLYI and 0.75% for FTQI.
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