XLYI vs. XLK

Last updated Jul 24, 2026

XLYI (State Street Consumer Discretionary Select Sector SPDR Premium Income ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - XLYI is a Derivative Income fund actively managed by State Street, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. XLYI is actively managed, while XLK is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. XLYI charges 0.35%/yr vs 0.08%/yr for XLK.

Performance

XLYI vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Consumer Discretionary Select Sector SPDR Premium Income ETF (XLYI) and State Street Technology Select Sector SPDR ETF (XLK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLYI achieves a -5.92% return, which is significantly lower than XLK's 24.25% return.

XLYI

• 1D: -4.19%
• 1M: -3.26%
• 6M: -8.52%
• YTD: -5.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XLK

• 1D: -1.01%
• 1M: -3.12%
• 6M: 23.47%
• YTD: 24.25%
• 1Y: 37.84%
• 3Y*: 27.31%
• 5Y*: 19.12%
• 10Y*: 24.10%
• ALL TIME*: 10.28%

*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)
XLK State Street Technology Select Sector SPDR ETF	$1.41B	$1.77B	$2.19B
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	$64.69K	$56.45K	$58.59K

XLYI vs. XLK - Yearly Performance Comparison

	2026 (YTD)	2025
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	-5.92%	5.63%
XLK State Street Technology Select Sector SPDR ETF	24.25%	9.34%

Correlation

The correlation between XLYI and XLK is 0.55, 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	0.55

XLYI vs. XLK - Sectors Allocation Comparison

Sectors	XLYI	XLK
Financial Services	99.2%	-
Consumer Cyclical	99.0%	-
Technology	1.0%	99.1%
Basic Materials	-	-
Communication Services	-	0.9%
Consumer Defensive	-	-
Energy	-	0.2%
Healthcare	-	-
Industrials	-	0.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

XLYI vs. XLK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLYI

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

XLK

XLK Risk / Return Rank: 57
XLK Sharpe Ratio Rank: 61
XLK Sortino Ratio Rank: 54
XLK Omega Ratio Rank: 55
XLK Calmar Ratio Rank: 63
XLK Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLYI vs. XLK - 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 State Street Technology Select Sector SPDR ETF (XLK). 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	XLK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.54	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.39	—
Martin ratio: Return relative to average drawdown	—	6.87	—

Drawdowns

XLYI vs. XLK - Drawdown Comparison

The maximum XLYI drawdown since its inception was -12.32%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for XLYI and XLK.

Drawdown Indicators

	XLYI	XLK	Difference
Max Drawdown Largest peak-to-trough decline	-12.32%	-82.05%	+69.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.56%	—
Current Drawdown Current decline from peak	-9.27%	-9.86%	+0.59%
Average Drawdown Average peak-to-trough decline	-3.21%	-34.82%	+31.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.53%	—

Volatility

Volatility by Period

	XLYI	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	24.72%	-8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	25.60%	-9.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.12%	24.81%	-8.69%

XLYI vs. XLK - Expense Ratio Comparison

XLYI has a 0.35% expense ratio, which is higher than XLK's 0.08% expense ratio.

Dividends

XLYI vs. XLK - Dividend Comparison

XLYI's dividend yield for the trailing twelve months is around 15.68%, more than XLK's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLK State Street Technology Select Sector SPDR ETF	0.44%	0.54%	0.66%	0.76%	1.04%	0.65%	0.92%	1.16%	1.60%	1.37%	1.74%	1.79%
XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF	15.68%	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

Can I hold both XLYI and XLK in my portfolio?

XLYI and XLK have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLYI or XLK?

On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLYI or XLK?

XLK is cheaper with a 0.08% expense ratio, compared with 0.35% for XLYI.

Which ETF pays a higher dividend yield, XLYI or XLK?

XLYI has the higher dividend yield at 15.68%, compared with 0.44% for XLK.

What is the main difference between XLYI and XLK?

XLYI is categorized as Derivative Income, while XLK is Technology Equities. Their fees differ too: 0.35% for XLYI and 0.08% for XLK.