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XLKI

GradeBNew York Stock Exchange Arca

State Street Technology Select Sector SPDR Premium Income ETF

Option Income · SPDR · Inception 2025-07-29 · SEC filings

$27.28−0.08 (−0.29%)

As of Sep 23, 2026, 2:14 PM EDT

History starts Jul 30, 2025.
Intraday session: down, 30 prints from 27.36 to 27.28. Range 27.23 to 27.36. Use the arrow keys to read each point.$27.25$27.30$27.3510 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$18M
1Y return
+27.0%
Yield · Last 12 months
17.82%
Holdings
4
Volume · 30D
0M sh
NAV per share
$27.27
52W range
low $22.82high $28.26

The ETF.net XLKI Grade

B

59/ 100

Rank 10 of 22 in Sector Option Income⁠

Confidence Medium

Six-pillar profile for XLKI. Scores out of 100: Cost 76, Risk 40, Mission not scored, Tradability 71, Holdings 22, Durability 55. Strongest: Cost (76). Weakest: Holdings (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 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 76
    Category rank6/22 · top 27%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank16/22 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 71
    Category rank4/22 · top 18%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 22
    Category rank19/19 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 55
    Category rank11/22 · top 50%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on XLKI

ETF.net Research

BThe tech sleeve of State Street's sector income suite: it owns the Technology Select Sector SPDR and sells calls on that same fund, converting option premium into a monthly distribution. Income now, some upside handed away.

Stated mandate

The actively managed fund seeks current income while preserving prospects for long-term capital growth. It invests in the Technology Select Sector SPDR ETF and sells call options on that ETF to generate additional income.

Why people hold it

  1. 01One options book, not fifty. It holds the Technology Select Sector SPDR and writes calls on that single ETF rather than on dozens of individual tech names.ssga.com
  2. 02Fee sits at 0.35%, level with the median for sector covered-call funds, and the fund distributes monthly.sec.gov
  3. 03The overlay is actively managed, so a manager sets strikes and timing instead of following a fixed formula.ssga.com
  4. 04Rates in the upper half of the sector premium-income funds we cover, a group that includes State Street's health care (XLVI) and utilities (XLUI) versions.

Worth knowing

  1. 01Selling calls trades away part of a tech rally: the premium comes in up front, the gains above the strike do not.sec.gov
  2. 020.35% versus 0.08% for the plain Technology Select Sector SPDR (XLK). The gap buys the income overlay, not extra tech exposure.investing.comaaii.com
  3. 03Launched in 2025, and the underlying sleeve is market-cap weighted S&P 500 tech, so a few megacaps drive both the price and the premiums.aaii.comssga.com

XLKI Holdings

As of Sep 21, 2026, 3:51 PM
Asset class
Stocks
Holdings
4
Top-10 weight
102%
Largest holding
XLK101.5%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001XLKSTATE STREET TECHNOLOGY SELECT101.55%95,166$18M33
002—SSI US GOV MONEY MARKET CLASS0.20%36,125$36K146

Showing 1–2 of 2 holdings

XLKI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

XLKI$12,701
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. XLKI $12,701. SPY $11,723. Use the arrow keys to read each point.$9,278$11,116$12,955Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for XLKI. Periods over one year show the average yearly return.
PeriodXLKI
Year to date+22.0%
1 month+5.4%
3 months+4.5%
1 year+27.0%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XLKI
YearReturn barXLKI
2026 YTD+22.0%
2025+10.1%

History from Jul 30, 2025

XLKI in the news

ETF.net Research hasn’t filed on XLKI yet — coverage lands here as it’s written.

XLKI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
17.82%Last 12 months
Payout per share
$4.88Last 12 months
Last payment
$0.34 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 13 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.48; Oct 1, 2025 $0.36; Nov 3, 2025 $0.40; Dec 1, 2025 $0.33; Dec 29, 2025 $0.58; Feb 2, 2026 $0.31; Mar 2, 2026 $0.37; Apr 1, 2026 $0.32; May 1, 2026 $0.36; Jun 1, 2026 $0.44; Jul 1, 2026 $0.63; Aug 3, 2026 $0.44; Sep 1, 2026 $0.34. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.34
Aug 3, 2026Aug 5, 2026$0.44
Jul 1, 2026Jul 6, 2026$0.63
Jun 1, 2026Jun 3, 2026$0.44
May 1, 2026May 5, 2026$0.36
Apr 1, 2026Apr 6, 2026$0.32
Mar 2, 2026Mar 4, 2026$0.37
Feb 2, 2026Feb 4, 2026$0.31
Dec 29, 2025Dec 31, 2025$0.58
Dec 1, 2025Dec 3, 2025$0.33
Nov 3, 2025Nov 5, 2025$0.40
Oct 1, 2025Oct 3, 2025$0.36

XLKI Risk

How much the fund’s monthly returns vary, scaled to a year.
17.3%
Annualised · 13 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.30
vs 3-month T-bills · 13 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−11.2%
13 months · trough Jul 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.22
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

XLKI Cost

Expense ratio0.35%
  • The middle half of Sector Option Income funds
  • Median 0.47%

No Sector Option Income fund charges less.

XLKI costs $35.00 a year on $10,000. The median Sector Option Income fund costs $47.50.