XTN vs. XLII

Last updated Aug 2, 2026

XTN (SPDR S&P Transportation ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - XTN is a Industrials Equities fund tracking the S&P Transportation Select Industry Index, while XLII is a Derivative Income fund actively managed by State Street. XTN is passively managed, while XLII is actively managed. Over the past year, XTN returned 36.39% vs 20.71% for XLII. Their 0.62 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.35% expense ratio.

Performance

XTN vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Transportation ETF (XTN) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTN achieves a 19.69% return, which is significantly higher than XLII's 11.91% return.

XTN

• 1D: -0.36%
• 1M: -5.96%
• 6M: 13.81%
• YTD: 19.69%
• 1Y: 36.39%
• 3Y*: 8.69%
• 5Y*: 6.50%
• 10Y*: 10.20%
• ALL TIME*: 10.72%

XLII

• 1D: 0.96%
• 1M: -0.49%
• 6M: 8.98%
• YTD: 11.91%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.91%

*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)
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$449.50K	$324.22K	$213.70K
XTN SPDR S&P Transportation ETF	$3.22M	$3.69M	$6.00M

XTN vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
XTN SPDR S&P Transportation ETF	19.69%	7.40%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.91%	6.30%

Correlation

The correlation between XTN and XLII is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.62

The correlation between XTN and XLII has been stable across timeframes, ranging from 0.62 to 0.62 - a consistent structural relationship.

XTN vs. XLII - Sectors Allocation Comparison

Sectors	XTN	XLII
Industrials	94.7%	93.8%
Technology	5.3%	5.9%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	0.3%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.8%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

XTN vs. XLII — Risk / Return Rank

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

XTN

XTN Risk / Return Rank: 49
XTN Sharpe Ratio Rank: 48
XTN Sortino Ratio Rank: 48
XTN Omega Ratio Rank: 48
XTN Calmar Ratio Rank: 54
XTN Martin Ratio Rank: 47

XLII

XLII Risk / Return Rank: 66
XLII Sharpe Ratio Rank: 69
XLII Sortino Ratio Rank: 68
XLII Omega Ratio Rank: 69
XLII Calmar Ratio Rank: 54
XLII Martin Ratio Rank: 70

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.

XTN vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Transportation ETF (XTN) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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.

	XTN	XLII	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.59	-0.40
Sortino ratio: Return per unit of downside risk	1.75	2.26	-0.51
Omega ratio: Gain probability vs. loss probability	1.22	1.29	-0.07
Calmar ratio: Return relative to maximum drawdown	1.90	1.93	-0.02
Martin ratio: Return relative to average drawdown	5.31	8.68	-3.36

XTN vs. XLII - Sharpe Ratio Comparison

The current XTN Sharpe Ratio is 1.19, which is comparable to the XLII Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of XTN and XLII, 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

XTN vs. XLII - Drawdown Comparison

The maximum XTN drawdown since its inception was -43.77%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for XTN and XLII.

Drawdown Indicators

	XTN	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-43.77%	-10.10%	-33.67%
Max Drawdown (1Y) Largest decline over 1 year	-17.28%	-10.10%	-7.18%
Max Drawdown (3Y) Largest decline over 3 years	-33.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.77%	—	—
Current Drawdown Current decline from peak	-7.43%	-1.32%	-6.11%
Average Drawdown Average peak-to-trough decline	-10.85%	-1.28%	-9.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.18%	2.24%	+3.94%

Volatility

XTN vs. XLII - Volatility Comparison

SPDR S&P Transportation ETF (XTN) has a higher volatility of 5.56% compared to State Street Industrial Select Sector SPDR Premium Income ETF (XLII) at 3.82%. This indicates that XTN's price experiences larger fluctuations and is considered to be riskier than XLII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTN	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.56%	3.82%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	22.33%	10.44%	+11.89%
Volatility (1Y) Calculated over the trailing 1-year period	27.71%	12.25%	+15.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	12.23%	+14.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.16%	12.23%	+13.93%

XTN vs. XLII - Expense Ratio Comparison

Both XTN and XLII have an expense ratio of 0.35%.

Dividends

XTN vs. XLII - Dividend Comparison

XTN's dividend yield for the trailing twelve months is around 0.67%, less than XLII's 12.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLII State Street Industrial Select Sector SPDR Premium Income ETF	12.08%	5.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XTN SPDR S&P Transportation ETF	0.67%	0.78%	0.93%	0.73%	1.04%	1.02%	0.75%	1.17%	0.98%	0.63%	0.66%	1.03%

Frequently Asked Questions

Can I hold both XTN and XLII in my portfolio?

XTN and XLII have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XTN or XLII?

XTN has higher volatility (5.56%) compared to XLII (3.82%). In terms of maximum drawdown, XTN dropped -43.77% vs XLII's -10.10%.

Which ETF is better, XTN or XLII?

On 1-year performance, XTN leads with 36.39% vs 20.71% for XLII. Both ETFs have the same 0.35% expense ratio. On volatility, XLII has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XTN or XLII?

Over the 1-year period, XTN has performed better with a 36.39% return vs 20.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTN or XLII?

XTN and XLII have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, XTN or XLII?

XLII has the higher dividend yield at 12.08%, compared with 0.67% for XTN.

What is the main difference between XTN and XLII?

XTN is categorized as Industrials Equities, while XLII is Derivative Income.

Which has better risk-adjusted returns?

XLII currently has the higher Sharpe Ratio (1.59 vs 1.19), 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.