XLEI, the State Street Energy Select Sector SPDR Premium Income ETF, is a $143 million ETF whose main story is the income overlay.
The narrative it carries
Its main narrative, at 0.7 of its exposure.
The income overlay →
ETFs built to pay income: dividend stocks, municipal bonds, preferred shares and covered calls.
The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 1 | VIG | 10.4% | $111.86bn | +12.0% | 0.04% |
| 2 | SCHD | 9.8% | $107.89bn | +26.6% | 0.06% |
| 3 | VYM | 7.6% | $82.45bn | +15.9% | 0.04% |
| 4 | MUB | 4.2% | $46.62bn | −2.0% | 0.05% |
| 5 | VTEB | 4.1% | $46.21bn | −2.3% | 0.03% |
| 624 other ETFs | 63.9% |
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 629 ETFs on the narrative page →
Also carries: Geopolitical supply →
Oil and the companies that produce, move and refine it, priced partly on the risk that supply is cut off.
How it is built
An unlevered long ETF. It sells call options on its holdings, trading some upside for income. It counts toward Share of Narrative.
Narrative exposure
Second narrative: not yet confirmed from a filing.
Common questions
What story is XLEI selling?
XLEI’s main story is the income overlay, which covers ETFs built to pay income: dividend stocks, municipal bonds, preferred shares and covered calls. Its second is geopolitical supply.
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