State Street Industrial Select Sector SPDR Premium Income ETF
$24.16−0.06 (−0.25%)
- 0.35%
- $16M
- +13.8%
- 13.34%
- 0M sh
- $24.19
- low $23.21high $26.67
The ETF.net XLII Grade
A
Score 72 out of 100
- 3 of 22
Score 72 of 100 falls in the A 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.B59 out of 100Rank 7 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 9 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 13 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 12 of 22
Our read on XLII
ACovered calls swarm tech; far rarer on machinery, railroads and defense primes. XLII owns the 1998-vintage industrials SPDR and sells short-dated calls on that fund itself, paying out monthly.
The fund is actively managed to pursue current income while retaining the potential for long-term capital growth. It invests in XLI and sells call options on XLI to generate additional income.
Why people hold it
- Single-ticker build: it holds the industrials SPDR (XLI, running since 1998) and writes listed calls on that fund, so one trade buys the sector basket and the overlay.ssga.comssga.com
- Actively managed overlay, not a rigid formula: managers choose strikes and expiries rather than selling the same call every month. Distributions come monthly.ssga.com
- Priced at 0.35%, the going rate for sector covered-call funds, and among the stronger implementations in its peer group.
- Same 0.35% runs across the sibling sleeves (XLVI health care, XLUI utilities), so sector mixes cost the same per leg.etf.com
Worth knowing
- Calls cap the upside: premium income is paid for by handing over part of any big industrials rally.ssga.com
- Fund-of-funds fee stacking. The plain industrials SPDR (XLI) it owns costs a small fraction of 0.35% on its own.ssga.com
- Launched in 2025, still small and thinly traded, so spreads can run wider than the underlying's.
XLII Holdings
- Stocks
- 2
- 100%
- XLI
Sectors
- Industrials93.4%
- Technology6.1%
- Materials0.3%
- Consumer Discretionary0.2%
Geography
- United States100.00%
XLII Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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XLII$11,379
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 | XLII |
|---|---|
| Year to date | +7.5% |
| 1 month | −0.8% |
| 3 months | −4.5% |
| 1 year | +13.8% |
| 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 | XLII |
|---|---|---|
| 2026 YTD | +7.5% | |
| 2025 | +6.6% |
XLII in the news
XLII Dividends
- 13.34%
- $3.23
- $0.30 per share
- Monthly
Distribution history
XLII Risk
- 12.3%
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.
- 0.61
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.
- −10.1%
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.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XLII Cost
0.35%
XLII0.35%
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.
Other funds in Sector Option Income
- AXLVIState Street Health Care Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +18.0%
- AXLSIState Street Consumer Staples Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +9.4%
- BXLEIState Street Energy Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +47.8%
- BXLFIState Street Financial Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +6.8%
- BXLBIState Street Materials Select Sector SPDR Premium Income ETFExpense ratio 0.35%1 year return +12.4%