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XLEI vs XLVI

State Street Energy Select Sector SPDR Premium Income ETF

XLEIBNYSE Arca

State Street Health Care Select Sector SPDR Premium Income ETF

XLVIANYSE Arca

Overlap

0.3%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

XLEI0.35%XLVI0.35%

Avg volume · 30D

XLEI 4.3×the volume

XLEI190KXLVI43.7K

XLEI vs XLVI Performance

Oct 31, 2025 – Oct 30, 2026

+48.5%XLEI+20.2%XLVI

Oct 31, 2025 to Oct 30, 2026. XLEI +48.5%. XLVI +20.2%. Use the arrow keys to read each point.0%10%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
XLEI 0.35%
XLVI 0.35%
Fund size
XLEI $203M
XLVI $36M
1Y total return
XLEI +48.5%, better
XLVI +20.2%
Yield (12M)
XLEI 17.59%, better
XLVI 11.95%
Holdings
XLEI 3
XLVI 2
Avg volume (30D)
XLEI 190K sh, better
XLVI 43.7K sh
NAV per share
XLEI $29.48
XLVI $27.45
52W range

ETF.net Grade

XLEI: Cost 76, Risk 70, Mission 56, Tradability 70, Holdings 49, Durability 81. XLVI: Cost 76, Risk 75, Mission 75, Tradability 74, Holdings 43, Durability 63.
Pillar letters and Scores for XLEI, XLVI, with each pillar’s weight
PillarXLEIXLVI
Cost30% weightA76A76
Mission25% weightB56A75Higher
Risk15% weightA70A75Higher
Tradability15% weightA70A74Higher
Holdings10% weightC49HigherC43
Durability5% weightA81HigherB63

Rank among Sector Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. XLEI and XLVI are both graded against the same 22 Sector Option Income funds, so their Grades compare head to head.

Sector Option Income⁠

Category · 22 funds
See all 22 ›

XLVI ranks 2nd and XLEI 7th of 22 funds in the Sector Option Income Category.

  1. Rank 1AXLSIState Street Consumer Staples Select Sector SPDR Premium Income ETFScore 74
  2. Rank 2AXLIIState Street Industrial Select Sector SPDR Premium Income ETFScore 71
  3. Rank 2AXLVIState Street Health Care Select Sector SPDR Premium Income ETFScore 71
  4. Rank 4BXLUIState Street Utilities Select Sector SPDR Premium Income ETFScore 69
  5. Rank 5BXLYIState Street Consumer Discretionary Select Sector SPDR Premium Income ETFScore 67
  6. Rank 7BXLEIState Street Energy Select Sector SPDR Premium Income ETFScore 66
  7. Rank 8BTYLGGlobal X Information Technology Covered Call & Growth ETFScore 63

Our read on each fund

ETF.net Research

XLEIBState Street Energy Select Sector SPDR Premium Income ETF

XLVIAState Street Health Care Select Sector SPDR Premium Income ETF

In short

XLEI State Street's 1998-vintage energy sector fund, wrapped in a call-writing overlay. Same oil and gas majors, monthly income from selling options against them, minus some of the upside when crude runs.

XLVI Covered calls, pointed at one sector. XLVI owns State Street's health care sector ETF outright, then sells call options on that single fund, turning pharma, device and biotech exposure into a monthly income stream.

Stated mandate

XLEI The fund seeks current income while preserving prospects for long-term capital growth by investing in an energy-sector ETF and selling call options on it to generate additional premium income.

XLVI State Street describes an actively managed strategy seeking current income while preserving prospects for long-term capital growth. It invests in the State Street Health Care Select Sector SPDR ETF and sells call options on that ETF to generate additional income.

Why people hold it

  • XLEI Underlying is the original energy sector SPDR, trading since 1998: market-cap-weighted S&P 500 oil, gas and services names. No stock picking, just an overlay on a known quantity.stockanalysis.com
  • Pays monthly, and the mandate is written to seek income while preserving prospects for long-term growth rather than sell away all the upside.ssga.com
  • Calls are written on the sector ETF itself, not dozens of single stocks, so the overlay runs off one liquid options chain.ssga.com
  • The 0.35% fee sits right at the median for sector covered-call funds, and the build stands among the stronger ones in that peer group.
  • XLVI One holding, one overlay: it owns the health care sector ETF and writes calls on that same fund rather than on dozens of individual names, so the income engine is easy to follow.ssga.com
  • Income lands monthly, and State Street discloses up front that distributions can include return of capital, so you know what can be inside the check.
  • The 0.35% fee sits right at the median for sector covered-call funds, and it buys an actively managed options sleeve instead of a fixed formula.
  • Part of a same-priced sector suite (utilities XLUI, energy XLEI), so you can pick the sector and keep the mechanics identical. This one ranks among the strongest builds in that group.

Worth knowing

  • XLEI Written calls cap the rally: above the strike, further gains go to the option buyer and the fund keeps the premium instead.ssga.com
  • One narrow sector, market-cap weighted, so the integrated majors dominate. Nothing inside cushions a broad crude selloff.stockanalysis.com
  • A 2025 launch, so there is no record through a full energy cycle yet, and it trades lightly next to the sector fund it holds.
  • XLVI Selling calls means selling upside. The premium is paid for by giving up part of the gain when health care runs hard, which is the core trade in this design.ssga.com
  • Launched in 2025, so the track record is short and the fund is still building scale. Worth eyeing the bid-ask spread before trading.
  • Single-sector concentration: everything rides on S&P 500 health care names, from drug pricing policy to FDA outcomes and patent cliffs.ssga.com

Full XLEI profile⁠

Full XLVI profile⁠

XLEI vs XLVI Holdings

How XLEI and XLVI differ

Overlap by weight

0.3%

Shared holdings make up 0.4% of XLVI and 0.3% of XLEI.

Level by level

  • Sector2 Sectors0.0%
  • Holdings0 in both0.3%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

Sector weights in XLEI and XLVI, widest gap first
SectorMore in XLEIMore in XLVI
EnergyXLEI +100.0 points
Health CareXLVI +100.0 points

Country, concentration and asset class

Country by domicile

Country weights in XLEI and XLVI, widest gap first
CountryMore in XLEIMore in XLVI
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • XLEI102.0%
  • XLVI103.7%

Securities held

  • XLEI1
  • XLVI1

Asset class

XLEI
Equity
XLVI
Equity

Holdings

  • Only in XLEI1
  • In both0
  • Only in XLVI1

Only in XLEI

1 security, 100% of XLEI by weight

  • State Street Energy Select Sec101.66%

Only in XLVI

1 security, 100% of XLVI by weight

  • State Street Health Care Selec103.29%

Weight gaps

XLEI and XLVI share no securities.

All 6 XLEI holdings⁠All 6 XLVI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

XLEI vs XLVI Cost

Same expense ratio

$7,126

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • XLEI 0.35%

    $7,126

  • XLVI 0.35%

    $7,126

$10,000
30 years

Cost over time

  • XLEI 0.35%
  • XLVI 0.35%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530XLEI $7,126XLVI $7,126

Year by year

YearXLEIXLVI
10$634$634
20$2,454$2,454
30$7,126$7,126

Expense ratio

  • 0.35%XLEI
  • 0.35%XLVI
  • Middle half of Sector Option Income funds
  • Median 0.47%

XLEI cheapest of 22 funds

XLVI cheapest of 22 funds

XLEI vs XLVI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
XLEI 17.59%, better
XLVI 11.95%
Payout (12M)
XLEI $5.24
XLVI $3.29
Last payment
XLEI $0.51
XLVI $0.31
Ex-dividend
XLEI Oct 1, 2026
XLVI Oct 1, 2026
Paid on
XLEI Oct 5, 2026
XLVI Oct 5, 2026
Frequency
XLEI Monthly
XLVI Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

XLEIMonthly · 14 paymentsAll XLEI payments⁠
One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.59; Oct 1, 2025 $0.44; Nov 3, 2025 $0.39; Dec 1, 2025 $0.29; Dec 29, 2025 $0.73; Feb 2, 2026 $0.25; Mar 2, 2026 $0.46; Apr 1, 2026 $0.55; May 1, 2026 $0.31; Jun 1, 2026 $0.45; Jul 1, 2026 $0.54; Aug 3, 2026 $0.39; Sep 1, 2026 $0.37; Oct 1, 2026 $0.51. Use the arrow keys to read each point.$0$0.502026YTD
XLVIMonthly · 14 paymentsAll XLVI payments⁠
One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.37; Oct 1, 2025 $0.29; Nov 3, 2025 $0.24; Dec 1, 2025 $0.27; Dec 29, 2025 $0.33; Feb 2, 2026 $0.23; Mar 2, 2026 $0.32; Apr 1, 2026 $0.34; May 1, 2026 $0.27; Jun 1, 2026 $0.20; Jul 1, 2026 $0.27; Aug 3, 2026 $0.22; Sep 1, 2026 $0.28; Oct 1, 2026 $0.31. Use the arrow keys to read each point.$0$0.502026YTD

XLEI vs XLVI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
XLEI 15.6%since Aug 2025XLVI 10.1%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
XLEI 2.03since Aug 2025XLVI 1.91since Aug 2025
Worst fallMax drawdown, 5 years
XLEI −8.2%since Jul 2025XLVI −8.1%since Jul 2025
Market sensitivityBeta, 5 years
XLEI −0.51XLVI 0.22

XLEI and XLVI in the news

All news⁠

Popular comparisons

  • XLEIBvsXLSIA

    State Street Energy Select Sector SPDR Premium Income ETF · State Street Consumer Staples Select Sector SPDR Premium Income ETF

    Expense ratio
    0.35% · 0.35%
    Category
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  • XLVIAvsXLSIA

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  • XLVIAvsXLUIB

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    Expense ratio
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