XOEF vs. MAIN

Last updated Jun 4, 2026

XOEF (iShares S&P 500 ex S&P 100 ETF) is S&P 500 fund tracking the S&P 500 Ex-S&P 100 Select Index, while MAIN (Main Street Capital Corporation) is a stock. At a 0.44 correlation, their price movements are largely independent.

Performance

XOEF vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 ex S&P 100 ETF (XOEF) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOEF achieves a 13.92% return, which is significantly higher than MAIN's -13.65% return.

XOEF

• 1D: -0.13%
• 1M: 4.07%
• YTD: 13.92%
• 6M: 14.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAIN

• 1D: -1.67%
• 1M: -8.64%
• YTD: -13.65%
• 6M: -11.32%
• 1Y: -3.49%
• 3Y*: 17.00%
• 5Y*: 12.47%
• 10Y*: 12.73%

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

XOEF vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025
XOEF iShares S&P 500 ex S&P 100 ETF	13.92%	4.15%
MAIN Main Street Capital Corporation	-13.65%	1.37%

Correlation

The correlation between XOEF and MAIN is 0.44, 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 Jul 10, 2025	0.44

Return for Risk

XOEF vs. MAIN — Risk / Return Rank

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

MAIN

MAIN Risk / Return Rank: 32
MAIN Sharpe Ratio Rank: 35
MAIN Sortino Ratio Rank: 29
MAIN Omega Ratio Rank: 29
MAIN Calmar Ratio Rank: 35
MAIN Martin Ratio Rank: 35

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.

XOEF vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 ex S&P 100 ETF (XOEF) and Main Street Capital Corporation (MAIN). 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

	XOEF	MAIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.66	0.55	+1.11

Drawdowns

XOEF vs. MAIN - Drawdown Comparison

The maximum XOEF drawdown since its inception was -7.66%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for XOEF and MAIN.

Drawdown Indicators

	XOEF	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	-7.66%	-64.53%	+56.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.53%	—
Current Drawdown Current decline from peak	-0.13%	-20.74%	+20.61%
Average Drawdown Average peak-to-trough decline	-1.31%	-7.29%	+5.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.72%	—

Volatility

Volatility by Period

	XOEF	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	24.81%	-12.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.62%	21.56%	-8.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.62%	27.29%	-14.67%

Dividends

XOEF vs. MAIN - Dividend Comparison

XOEF's dividend yield for the trailing twelve months is around 0.79%, less than MAIN's 8.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAIN Main Street Capital Corporation	8.44%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%
XOEF iShares S&P 500 ex S&P 100 ETF	0.79%	0.63%	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 XOEF and MAIN in my portfolio?

XOEF and MAIN have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.