XLIIState Street Industrial Select Sector SPDR Premium Income ETF
Seeks current income while maintaining prospects for long-term capital growth.
By State Street Investment Management · Launched 2025
0.00%
#41 of 5,562 · low cost
$7M
#4,925 of 5,562 · small
—
11 months
#4,631 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Industrial Select Sector Index
What it actually holds
By weightConcentration
Top 4 holdings = 100.0% of fundconcentrated
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income while maintaining prospects for long-term capital growth.
- Strategy
- Invests primarily in securities of industrial companies and generates income by selling call options on the Industrial Select Sector SPDR Fund. The Fund may also invest directly in equity securities of industrial companies and utilize futures contracts.
- Inception date
- July 29, 2025
- Fund family
- State Street Investment Management
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19