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XLFI vs XLII

State Street Financial Select Sector SPDR Premium Income ETF

XLFIBNYSE Arca

State Street Industrial Select Sector SPDR Premium Income ETF

XLIIANYSE Arca

Overlap

Expense ratio

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

XLFI0.35%XLII0.35%

Avg volume · 30D

XLII 1.3×the volume

XLFI12.2KXLII15.9K

XLFI vs XLII Performance

Oct 31, 2025 – Oct 30, 2026

+6.9%XLFI+9.0%XLII

Oct 31, 2025 to Oct 30, 2026. XLFI +6.9%. XLII +9.0%. Use the arrow keys to read each point.−5%0%15%20%Oct 2025Apr 2026Oct 2026
Expense ratio
XLFI 0.35%
XLII 0.35%
Fund size
XLFI $13M
XLII $17M
1Y total return
XLFI +6.9%
XLII +9.0%, better
Yield (12M)
XLFI 11.13%
XLII 13.46%, better
Holdings
XLFI 2
XLII 3
Avg volume (30D)
XLFI 12.2K sh
XLII 15.9K sh, better
NAV per share
XLFI $23.69
XLII $24.32
52W range

ETF.net Grade

XLFI: Cost 76, Risk 42, Mission 98, Tradability 48, Holdings 46, Durability 51. XLII: Cost 76, Risk 49, Mission 100, Tradability 60, Holdings 51, Durability 51.
Pillar letters and Scores for XLFI, XLII, with each pillar’s weight
PillarXLFIXLII
Cost30% weightA76A76
Mission25% weightA98A100Higher
Risk15% weightC42C49Higher
Tradability15% weightC48B60Higher
Holdings10% weightC46C51Higher
Durability5% weightC51C51

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. XLFI and XLII 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 ›

XLII ranks 2nd and XLFI 5th 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 5BXLFIState Street Financial Select Sector SPDR Premium Income ETFScore 67
  6. Rank 5BXLYIState Street Consumer Discretionary Select Sector SPDR Premium Income ETFScore 67

Our read on each fund

ETF.net Research

XLFIBState Street Financial Select Sector SPDR Premium Income ETF

XLIIAState Street Industrial Select Sector SPDR Premium Income ETF

In short

XLFI Holds State Street's big financials sector fund, sells call options on it, and pays the premiums out monthly. A 2025 launch that turns banks, insurers and capital-markets firms into cash flow, trading away some upside.

XLII Covered 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.

Stated mandate

XLFI The fund uses an actively managed strategy intended to provide current income while preserving prospects for long-term capital growth. It invests in the Financial Select Sector SPDR ETF and sells call options on that ETF to generate additional income.

XLII 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

  • XLFI Plumbing is refreshingly literal: own one sector ETF (XLF), write calls on that same ETF, distribute monthly. No basket of single-name options to unpick.ssga.com
  • 0.35% a year, dead center for sector covered-call funds and identical to every sibling (XLVI, XLUI, XLEI). Choosing among them is a sector decision, not a fee one.
  • The portfolio matches the mandate on the tin, and the fund sits in the upper half of its sector income-overlay peer group.
  • XLII 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 2
  • 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

  • XLFI Written calls cap how much of a financials rally reaches shareholders. Sideways markets suit the mechanics; a sector melt-up is where it costs.ssga.com
  • One sector carries the whole load: banks, insurers, capital markets and mortgage REITs all ride the same rate and credit cycle.ssga.com
  • Launched in 2025, so the live record is short, and it trades lighter than the sector fund it holds. Limit orders earn their keep.
  • XLII 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.

Full XLFI profile⁠

Full XLII profile⁠

XLFI vs XLII 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.

XLFI vs XLII Cost

Same expense ratio

$7,126

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

  • XLFI 0.35%

    $7,126

  • XLII 0.35%

    $7,126

$10,000
30 years

Cost over time

  • XLFI 0.35%
  • XLII 0.35%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530XLFI $7,126XLII $7,126

Year by year

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

Expense ratio

  • 0.35%XLFI
  • 0.35%XLII
  • Middle half of Sector Option Income funds
  • Median 0.47%

XLFI cheapest of 22 funds

XLII cheapest of 22 funds

XLFI vs XLII Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
XLFI 11.13%
XLII 13.46%, better
Payout (12M)
XLFI $2.63
XLII $3.23
Last payment
XLFI $0.21
XLII $0.30
Ex-dividend
XLFI Oct 1, 2026
XLII Oct 1, 2026
Paid on
XLFI Oct 5, 2026
XLII Oct 5, 2026
Frequency
XLFI Monthly
XLII Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

XLFIMonthly · 14 paymentsAll XLFI payments⁠
One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.32; Oct 1, 2025 $0.34; Nov 3, 2025 $0.22; Dec 1, 2025 $0.27; Dec 29, 2025 $0.24; Feb 2, 2026 $0.18; Mar 2, 2026 $0.27; Apr 1, 2026 $0.34; May 1, 2026 $0.18; Jun 1, 2026 $0.16; Jul 1, 2026 $0.22; Aug 3, 2026 $0.21; Sep 1, 2026 $0.13; Oct 1, 2026 $0.21. Use the arrow keys to read each point.$0$0.252026YTD
XLIIMonthly · 14 paymentsAll XLII payments⁠
One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.38; Oct 1, 2025 $0.22; Nov 3, 2025 $0.27; Dec 1, 2025 $0.22; Dec 29, 2025 $0.26; Feb 2, 2026 $0.21; Mar 2, 2026 $0.32; Apr 1, 2026 $0.35; May 1, 2026 $0.27; Jun 1, 2026 $0.31; Jul 1, 2026 $0.31; Aug 3, 2026 $0.30; Sep 1, 2026 $0.11; Oct 1, 2026 $0.30. Use the arrow keys to read each point.$0$0.252026YTD

XLFI vs XLII Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
XLFI 11.5%since Aug 2025XLII 11.9%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
XLFI 0.37since Aug 2025XLII 0.60since Aug 2025
Worst fallMax drawdown, 5 years
XLFI −11.9%since Jul 2025XLII −10.1%since Jul 2025
Market sensitivityBeta, 5 years
XLFI 0.34XLII 0.53

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