Which paid more, NDIV or XLBI?

Over the year to Nov 4, 2026, NDIV paid 12.3% of its starting price in cash and XLBI paid 15.9%, so XLBI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, NDIV or XLBI?

With every distribution reinvested, NDIV returned +41.1% and XLBI +18.5% over the year to Nov 4, 2026.

Which is cheaper, NDIV or XLBI?

NDIV charges 0.59% a year and XLBI charges 0.35%, so XLBI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

NDIV vs XLBI: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, XLBI paid 15.9% of its price in cash against NDIV’s 12.3%, though NDIV returned more with it reinvested.

askIQ about this page

askIQ about NDIV and XLBI

Net assets: $34m on Nov 3, 2026 for Amplify Energy & Natural Resources Covered Call ETF, and $9.4m on Nov 2, 2026 for State Street Materials Select Sector SPDR Premium Income ETF.

NDIV on its own →XLBI on its own →

At a glance

12.3%

NDIV cash paid, 1 year

15.9%

XLBI cash paid, 1 year

+41.1%

NDIV total return, 1 year

+18.5%

XLBI total return, 1 year

NDIV · 1 year to Nov 4, 2026 Not measured

NDIV

+41.1%

none

Not measured

NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

NDIV

+41.1%

12.3% as cash

Total return, distributions reinvested

Not measured

NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

NDIV

+41.1%

12.3% of it arrived as cash. Total return, distributions reinvested. NDIV over 1 year: paid 12.3%, price +28.1%, total +41.1%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XLBI · 1 year to Nov 4, 2026 11 pts behind XLB

XLBI

+18.5%

XLB

+29.5%

11 pts behind XLB

XLBI over 1 year: paid 15.9%, price +1.6%, total +18.5%, XLB +29.5%, −11.0 pts. Data to Nov 4, 2026.

XLB

+29.5%

XLBI

+18.5%

15.9% of it arrived as cash

11 pts behind XLB

Total return, distributions reinvested

11 pts behind XLB

XLBI over 1 year: paid 15.9%, price +1.6%, total +18.5%, XLB +29.5%, −11.0 pts. Data to Nov 4, 2026.

XLB

+29.5%

XLBI

+18.5%

11 pts behind XLB

15.9% of it arrived as cash. Both charts share one scale, 0 to +41.1%. XLBI over 1 year: paid 15.9%, price +1.6%, total +18.5%, XLB +29.5%, −11.0 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +41.1%. Data to Nov 4, 2026.

Pair scorecard

XLBI costs 0.24 points a year less; their one-year returns differ by 22.6 points; NDIV is 3.5 times larger.

Points (pts) are percentage points.

NDIV vs XLBI: Dividend Yield & Total Return
Measure	NDIV	XLBI
Paid and earned
Measure	NDIV	XLBI
Total return, 1 year	+41.1%	+18.5%
Price change, 1 year	rose 28.1%	rose 1.6%
Return of capital, issuer estimate	96% of the Oct 30, 2026 payment	100% of the Nov 5, 2026 payment
Against its benchmark
Measure	NDIV	XLBI
Benchmark	its own stocks	Materials, measured through XLB
Against its benchmark, same days		behind by 11.0 pts
Cost and size
Measure	NDIV	XLBI
Expense ratio	0.59%	0.35%
Net assets, as of Nov 3, 2026	$34m	$9.8m
Holdings
Measure	NDIV	XLBI
Holdings in common	0%

Method

Risk and return

Aug 8, 2025 to Oct 30, 2026 · 64 weekly returns

NDIV XLBI

Return

Total return edge NDIV +42.9% +16.2%

Annualized edge NDIV +33.6% +13.0%

Price return edge NDIV +28.0% −2.7%

Risk

Volatility edge XLBI 18.5% 12.5%

Max drawdown edge NDIV (slight) −10.1% −10.6%

Risk-adjusted

Sharpe edge NDIV 1.45 0.74

Sortino edge NDIV 2.19 1.01

Calmar edge NDIV 3.33 1.22

Reading

From Aug 2025 to Oct 2026, NDIV returned more: +42.9% to +16.2%. XLBI swung less: 12.5% to 18.5%. NDIV fell slightly less at its worst: −10.1% to −10.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: NDIV vs XLBI: Dividend Yield & Total Return
Measure	NDIV	XLBI	Edge	How it is measured
Return
Total return	+42.9%	+16.2%	NDIV	Price change plus distributions, reinvested.
Annualized	+33.6%	+13.0%	NDIV	Total return as a yearly rate.
Price return	+28.0%	−2.7%	NDIV	Price change alone, distributions left out.
Risk
Volatility	18.5%	12.5%	XLBI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.3%	9.1%	XLBI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−10.1%	−10.6%	NDIV (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	1.45	0.74	NDIV	Return above Treasury bills per unit of volatility.
Sortino	2.19	1.01	NDIV	Return above Treasury bills per unit of downside deviation.
Calmar	3.33	1.22	NDIV	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 64 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, NDIV and XLBI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first NDIV XLBI

Only in one fund ↓

Only in NDIV

Olin Corp 6.15%

Mosaic Co 5.84%

Dow Inc 5.83%

Eastman Chemical Co 5.46%

Enbridge Inc 5.30%

Sylvamo Corp 5.21%

South Bow Corp 5.19%

ONEOK Inc 5.00%

Only in XLBI

STATE STREET MATERIALS SELECT 103.82%

STATE STREET MATERIALS SELECT NOV26 55 CALL -0.03%

STATE STREET MATERIALS SELECT NOV26 53 CALL -0.19%

STATE STREET MATERIALS SELECT NOV26 51 CALL -3.71%

Check overlap with more funds →

Side by side

NDIV Amplify Energy & Natural Resources Covered Call ETF · Covered call on its own stocks, paying monthly XLBI State Street Materials Select Sector SPDR Premium Income ETF · Covered call on XLB, paying monthly

Issuer Amplify State Street

Strategy covered call covered call

Benchmark NDIV's own stocks, without the options (from its holdings of Nov 3, 2026) Materials (XLB)

Pays monthly monthly

Payout rate, annualized 11.5% 17.2%

Expense ratio 0.59% 0.35%

Cash paid, 1 year 12.3% 15.9%

Price change, 1 year +28.1% +1.6%

Total return, 1 year +41.1% +18.5%

Benchmark return, 1 year not published +29.5%

Ahead or behind not available −11.0 pts

Return of capital, latest estimate 96% 100%

Age 4.2 years 1.3 years

Net assets, NDIV as of Nov 3, 2026 and XLBI as of Nov 2, 2026 $34m $9.4m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: NDIV vs XLBI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	NDIV	XLBI	NDIV	XLBI	NDIV	XLBI
3 months	+5.0%	+0.8%	3.0%	3.6%	not measured	−2.0 pts
6 months	+0.8%	+3.4%	5.5%	6.7%	not measured	−0.3 pts
1 year	+41.1%	+18.5%	12.3%	15.9%	not measured	−11.0 pts
3 years	+54.0%	–	24.0%	–	not measured	–
Since launchNot the same days: NDIV Aug 2022 · XLBI Jul 2025	+74.7%	+16.4%	33.2%	18.9%	not measured	−7.7 pts

– means no data for this window. Open this comparison in the app →

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

NDIV

No 1-year comparison: a quarter's holdings filing is missing from the year.

Over the year to Nov 4, 2026, NDIV paid 12.3% of its starting value in cash distributions while its price rose 28.1%. With every distribution reinvested, the fund returned +41.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 11.5%, paid monthly. Amplify estimates that 96% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

XLBI

Over the year to Nov 4, 2026, XLBI paid 15.9% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +18.5%. Materials (XLB) returned +29.5% over the same days, so a holder was behind by 11.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 17.2%, paid monthly. State Street estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, NDIV or XLBI?: Over the year to Nov 4, 2026, NDIV paid 12.3% of its starting price in cash and XLBI paid 15.9%, so XLBI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, NDIV or XLBI?: With every distribution reinvested, NDIV returned +41.1% and XLBI +18.5% over the year to Nov 4, 2026.
Which is cheaper, NDIV or XLBI?: NDIV charges 0.59% a year and XLBI charges 0.35%, so XLBI is cheaper. Fees come from each fund's prospectus.

Other comparisons

NDIV vs WEPN NDIV vs XLFI NDIV vs TYLG NDIV vs XLII XLBI vs XLII XLBI vs XLFI XLBI vs XLCI XLBI vs SEMY

Where to next

Materials (XLB) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →NDIV on its own →XLBI on its own →NDIV dividend history →NDIV holdings →XLBI dividend history →XLBI holdings →Method →Standards and sources →

Sources and dates

NDIV filings on SEC EDGAR ↗

NDIV prospectus with the expense ratio (SEC) ↗

NDIV 19a-1 distribution notice ↗

Amplify page for NDIV ↗

XLBI filings on SEC EDGAR ↗

XLBI prospectus with the expense ratio (SEC) ↗

XLBI 19a-1 distribution notice ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, NDIV against XLBI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ndiv-vs-xlbi

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.