State Street Industrial Select Sector SPDR Premium Income ETF
$24.50+0.00 (+0.01%)
- Expense ratio
- 0.35%
- Fund size
- $15M
- 1Y return
- +12.4%
- Yield · Last 12 months
- 12.89%
- Holdings
- 2
- Volume · 30D
- 0M sh
- NAV per share
- $24.40
- 52W range
The ETF.net XLII Grade
Score 70 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.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 25Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 55Category rank
Our read on XLII
BCovered 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
- 101%
- XLI
Sectors
Geography
XLII 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 | XLII |
|---|---|
| Year to date | +7.4% |
| 1 month | −5.0% |
| 3 months | −3.5% |
| 1 year | +12.4% |
| 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 | +7.4% | |
| 2025 | +6.6% |
XLII in the news
ETF.net Research hasn’t filed on XLII yet — coverage lands here as it’s written.
XLII Dividends
- 12.89%
- $3.16
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.11 |
| Aug 3, 2026 | Aug 5, 2026 | $0.30 |
| Jul 1, 2026 | Jul 6, 2026 | $0.31 |
| Jun 1, 2026 | Jun 3, 2026 | $0.31 |
| May 1, 2026 | May 5, 2026 | $0.27 |
| Apr 1, 2026 | Apr 6, 2026 | $0.35 |
| Mar 2, 2026 | Mar 4, 2026 | $0.32 |
| Feb 2, 2026 | Feb 4, 2026 | $0.21 |
| Dec 29, 2025 | Dec 31, 2025 | $0.26 |
| Dec 1, 2025 | Dec 3, 2025 | $0.22 |
| Nov 3, 2025 | Nov 5, 2025 | $0.27 |
| Oct 1, 2025 | Oct 3, 2025 | $0.22 |
XLII Risk
- 11.9%
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.
- 1.00
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.
- 0.49
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
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.