State Street Financial Select Sector SPDR Premium Income ETF
$23.24−0.04 (−0.18%)
- 0.35%
- $10M
- +6.8%
- 11.27%
- 0M sh
- $23.16
- low $21.80high $25.32
The ETF.net XLFI Grade
B
Score 67 out of 100
- 5 of 22
Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A76 out of 100Rank 1 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 13Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 18 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C43 out of 100Rank 13 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B55 out of 100Rank 8 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 13 of 22
Our read on XLFI
BHolds State Street's big financials sector fund, sells call options on it, and pays the premiums out monthly. A 2025 launch that turns banks, insurers and capital-markets firms into cash flow, trading away some upside.
The fund uses an actively managed strategy intended to provide current income while preserving prospects for long-term capital growth. It invests in the Financial Select Sector SPDR ETF and sells call options on that ETF to generate additional income.
Why people hold it
- Plumbing is refreshingly literal: own one sector ETF (XLF), write calls on that same ETF, distribute monthly. No basket of single-name options to unpick.ssga.com
- 0.35% a year, dead center for sector covered-call funds and identical to every sibling (XLVI, XLUI, XLEI). Choosing among them is a sector decision, not a fee one.
- The portfolio matches the mandate on the tin, and the fund sits in the upper half of its sector income-overlay peer group.
Worth knowing
- Written calls cap how much of a financials rally reaches shareholders. Sideways markets suit the mechanics; a sector melt-up is where it costs.ssga.com
- One sector carries the whole load: banks, insurers, capital markets and mortgage REITs all ride the same rate and credit cycle.ssga.com
- Launched in 2025, so the live record is short, and it trades lighter than the sector fund it holds. Limit orders earn their keep.
XLFI Holdings
- Stocks
- 2
- 100%
- XLF
Sectors
- Financials98.2%
- Technology1.5%
- Industrials0.2%
Geography
- United States100.00%
XLFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
XLFI$10,685
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XLFI |
|---|---|
| Year to date | +2.1% |
| 1 month | −2.9% |
| 3 months | +0.7% |
| 1 year | +6.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XLFI |
|---|---|---|
| 2026 YTD | +2.1% | |
| 2025 | +5.6% |
XLFI in the news
XLFI Dividends
- 11.27%
- $2.63
- $0.21 per share
- Monthly
Distribution history
XLFI Risk
- 11.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.10
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −11.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XLFI Cost
0.35%
XLFI0.35%
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.
Other funds in Sector Option Income
- AXLIIState Street Industrial Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +13.8%
- BXLEIState Street Energy Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +47.8%
- BXLBIState Street Materials Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +12.4%
- BXLYIState Street Consumer Discretionary Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +3.0%
- BXLUIState Street Utilities Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +0.8%