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XLFI vs XLUI

State Street Financial Select Sector SPDR Premium Income ETF

XLFIBNYSE Arca

State Street Utilities Select Sector SPDR Premium Income ETF

XLUIBNYSE Arca

Overlap

Expense ratio

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

XLFI0.35%XLUI0.35%

Avg volume · 30D

XLUI 4.6×the volume

XLFI12.2KXLUI56.2K

XLFI vs XLUI Performance

Oct 31, 2025 – Oct 30, 2026

+6.9%XLFI+4.7%XLUI

Oct 31, 2025 to Oct 30, 2026. XLFI +6.9%. XLUI +4.7%. Use the arrow keys to read each point.−5%−2.5%0%2.5%10%Oct 2025Apr 2026Oct 2026
Expense ratio
XLFI 0.35%
XLUI 0.35%
Fund size
XLFI $13M
XLUI $67M
1Y total return
XLFI +6.9%, better
XLUI +4.7%
Yield (12M)
XLFI 11.13%
XLUI 15.28%, better
Holdings
XLFI 2
XLUI 3
Avg volume (30D)
XLFI 12.2K sh
XLUI 56.2K sh, better
NAV per share
XLFI $23.69
XLUI $22.92
52W range

ETF.net Grade

XLFI: Cost 76, Risk 42, Mission 98, Tradability 48, Holdings 46, Durability 51. XLUI: Cost 76, Risk 41, Mission 93, Tradability 57, Holdings 49, Durability 72.
Pillar letters and Scores for XLFI, XLUI, with each pillar’s weight
PillarXLFIXLUI
Cost30% weightA76A76
Mission25% weightA98HigherA93
Risk15% weightC42HigherC41
Tradability15% weightC48B57Higher
Holdings10% weightC46C49Higher
Durability5% weightC51A72Higher

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 XLUI 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 ›

XLUI ranks 4th 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

XLUIBState Street Utilities 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.

XLUI Utilities run on regulated cash flows and steady dividends, the market's slow lane. XLUI parks there and sells calls against it, turning quiet into monthly income. It arrived in 2025 as part of the first suite to bolt a premium-income overlay onto sector SPDRs.

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.

XLUI The fund is an actively managed equity strategy seeking current income and long-term capital growth by investing in the State Street Utilities Select Sector SPDR ETF and selling call options on that ETF.

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.
  • XLUI Simple plumbing: it owns State Street's utilities sector ETF and writes calls on that same fund. No stock picking, no basket drift, the sector exposure the label implies.ssga.com
  • 0.35% a year sits right at the median for its sector call-writing peers, and the cash comes monthly rather than quarterly.
  • One of the strongest builds in its sector-overlay group, with health care sibling XLVI, and the strategy it runs matches the one on the tin.
  • Eleven sector versions launched together, all on the same wrapper and the same 0.35% fee, so switching the sector tilt does not mean switching strategy.nasdaq.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.
  • XLUI Written calls trade away part of a rally. When utilities run hard, the premium collected is what you get instead of the full move.ssga.com
  • Launched in 2025 and still a small fund that trades thinly, so bid-ask spreads can run wider than on the underlying sector ETF.
  • One sector, one underlying holding. Results track utilities, and the monthly payout moves with option premiums and dividends rather than a fixed rate.ssga.com

Full XLFI profile⁠

Full XLUI profile⁠

XLFI vs XLUI 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 XLUI 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

  • XLUI 0.35%

    $7,126

$10,000
30 years

Cost over time

  • XLFI 0.35%
  • XLUI 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 $7,126XLUI $7,126

Year by year

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

Expense ratio

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

XLFI cheapest of 22 funds

XLUI cheapest of 22 funds

XLFI vs XLUI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
XLFI 11.13%
XLUI 15.28%, better
Payout (12M)
XLFI $2.63
XLUI $3.51
Last payment
XLFI $0.21
XLUI $0.42
Ex-dividend
XLFI Oct 1, 2026
XLUI Oct 1, 2026
Paid on
XLFI Oct 5, 2026
XLUI Oct 5, 2026
Frequency
XLFI Monthly
XLUI 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$0.502026YTD
XLUIMonthly · 14 paymentsAll XLUI payments⁠
One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.32; Oct 1, 2025 $0.32; Nov 3, 2025 $0.27; Dec 1, 2025 $0.20; Dec 29, 2025 $0.59; Feb 2, 2026 $0.15; Mar 2, 2026 $0.23; Apr 1, 2026 $0.42; May 1, 2026 $0.28; Jun 1, 2026 $0.27; Jul 1, 2026 $0.34; Aug 3, 2026 $0.14; Sep 1, 2026 $0.22; Oct 1, 2026 $0.42. Use the arrow keys to read each point.$0$0.502026YTD

XLFI vs XLUI 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 2025XLUI 12.8%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
XLFI 0.37since Aug 2025XLUI 0.20since Aug 2025
Worst fallMax drawdown, 5 years
XLFI −11.9%since Jul 2025XLUI −12.3%since Jul 2025
Market sensitivityBeta, 5 years
XLFI 0.34XLUI 0.002

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