State Street Technology Select Sector SPDR Premium Income ETF
$26.98−0.04 (−0.13%)
- 0.35%
- $31M
- +27.2%
- 17.88%
- 0M sh
- $27.22
- low $22.82high $28.26
The ETF.net XLKI Grade
B
Score 62 out of 100
- 9 of 22
Score 62 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.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 16 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 5 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 18 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 8 of 22
Our read on XLKI
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.
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
- One 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
- Fee sits at 0.35%, level with the median for sector covered-call funds, and the fund distributes monthly.sec.gov
- The overlay is actively managed, so a manager sets strikes and timing instead of following a fixed formula.ssga.com
- Rates 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
- Selling calls trades away part of a tech rally: the premium comes in up front, the gains above the strike do not.sec.gov
- 0.35% versus 0.08% for the plain Technology Select Sector SPDR (XLK). The gap buys the income overlay, not extra tech exposure.investing.comaaii.com
- Launched 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
- Stocks
- 2
- 101%
- XLK
Sectors
- Technology100.0%
Geography
- United States100.00%
XLKI 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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XLKI$12,725
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 | XLKI |
|---|---|
| Year to date | +21.8% |
| 1 month | +2.1% |
| 3 months | +5.8% |
| 1 year | +27.2% |
| 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 | XLKI |
|---|---|---|
| 2026 YTD | +21.8% | |
| 2025 | +10.1% |
XLKI in the news
XLKI Dividends
- 17.88%
- $4.83
- $0.31 per share
- Monthly
Distribution history
XLKI Risk
- 16.7%
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.
- 1.42
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.
- −11.2%
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.
- 1.17
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
0.35%
XLKI0.35%
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.
Other funds in Sector Option Income
- 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%
- BTYLGGlobal X - Information Technology Covered Call & Growth ETFExpense ratio 0.64%1 year return +35.3%
- BIYRINEOS Real Estate High Income ETFExpense ratio 0.68%1 year return +3.9%
- BMLPDGlobal X - MLP & Energy Infrastructure Covered Call ETFExpense ratio 0.60%1 year return +14.3%