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XLBI vs SMN

State Street Materials Select Sector SPDR Premium Income ETF vs ProShares UltraShort Materials

XLBI

State Street Materials Select Sector SPDR Premium Income ETF

Annual cost

0.35%

Fund size

$6M

SMN

ProShares UltraShort Materials

Annual cost

0.95%

Fund size

$3M

Key differences

  • XLBI costs 0.60% less per year.
  • XLBI is classified as alternative, while SMN is equity — different risk/return profiles.
  • XLBI follows a option income strategy; SMN uses inverse.
  • SMN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XLBISMN
Annual cost (TER)0.35%0.95%
Fund size (AUM)$6M$3M
Since20252007
Dividend yield4.58%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeinverse
CAGR 1YN/A-31.2%
CAGR 3YN/A-16.8%
CAGR 5YN/A-14.9%
Sharpe 3YN/A-0.46
Volatility 1Y34.14%
Max drawdown-10.63%-95.39%

Similar to XLBI and SMN