State Street Financial Select Sector SPDR Premium Income ETF
$23.39−0.09 (−0.38%)
- Expense ratio
- 0.35%
- Fund size
- $10M
- 1Y return
- +3.8%
- Yield · Last 12 months
- 11.73%
- Holdings
- 3
- Volume · 30D
- 0M sh
- NAV per share
- $23.78
- 52W range
The ETF.net XLFI Grade
Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 76Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 32Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 39Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 53Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 50Category rank
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
- 3
- 100%
- XLF
Sectors
Geography
XLFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +1.7% |
| 1 month | −3.6% |
| 3 months | +3.2% |
| 1 year | +3.8% |
| 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 | +1.7% | |
| 2025 | +5.6% |
XLFI in the news
ETF.net Research hasn’t filed on XLFI yet — coverage lands here as it’s written.
XLFI Dividends
- 11.73%
- $2.75
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.13 |
| Aug 3, 2026 | Aug 5, 2026 | $0.21 |
| Jul 1, 2026 | Jul 6, 2026 | $0.22 |
| Jun 1, 2026 | Jun 3, 2026 | $0.16 |
| May 1, 2026 | May 5, 2026 | $0.18 |
| Apr 1, 2026 | Apr 6, 2026 | $0.34 |
| Mar 2, 2026 | Mar 4, 2026 | $0.27 |
| Feb 2, 2026 | Feb 4, 2026 | $0.18 |
| Dec 29, 2025 | Dec 31, 2025 | $0.24 |
| Dec 1, 2025 | Dec 3, 2025 | $0.27 |
| Nov 3, 2025 | Nov 5, 2025 | $0.22 |
| Oct 1, 2025 | Oct 3, 2025 | $0.34 |
XLFI Risk
- 9.4%
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.
- 0.81
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
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.