FBDC vs XLF
FT Confluence BDC & Specialty Finance Income ETF compared with State Street Financial Select Sector SPDR ETF on yield, payout growth, payment schedule, cost and risk.
FBDC
FT Confluence BDC & Specialty Finance Income ETF
TTM yield · Monthly
XLF
State Street Financial Select Sector SPDR ETF
TTM yield · Quarterly
Quick take
- FBDC yields more today: 12.31% vs 1.41% (forward).
- FBDC pays every month; XLF pays every quarter.
- Over the last year XLF delivered the higher total return: +5.3% vs -8.1% (price change plus payouts).
- XLF is cheaper to own: 0.08% vs 12.44% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FBDC | XLF |
|---|---|---|
| Share price | $16.17 | $55.90 |
| TTM yield | 12.31% | 1.48% |
| Forward yield | 12.31% | 1.41% |
| Annual payout per share | $1.99 | $0.788 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Nov 20, 2026 (est.) | Dec 21, 2026 (est.) |
| Expense ratio | 12.44% | 0.08% |
| 1-year payout growth | — | +12.4% |
| 5-year payout CAGR | — | +6.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 92/100 | 87/100 |
| 1-year total return | -8.1% | +5.3% |
| 1-year price return | -18.2% | +3.8% |
| Size (market cap / AUM) | 35.7M | 51.0B |
| Years paying | 1.3 | 27.6 |
| Sector / category | Financial | Financial |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FBDC | XLF | |
|---|---|---|
| Shares | 618.6 | 178.9 |
| Income per year | $1,231 | $141 |
| Income per month (avg) | $103 | $12 |
At forward yields, before taxes. Model FBDC · Model XLF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FBDC Nov 20, 2026 | Dec 4, 2026 | $0.1658 | Est. |
| FBDC Dec 20, 2026 | Jan 3, 2027 | $0.1658 | Est. |
| FBDC Jan 19, 2027 | Feb 2, 2027 | $0.1658 | Est. |
| XLF Dec 21, 2026 | Jan 4, 2027 | $0.197 | Est. |
| XLF Mar 22, 2027 | Apr 5, 2027 | $0.197 | Est. |
| XLF Jun 21, 2027 | Jul 5, 2027 | $0.197 | Est. |
Annual payouts per share
FBDCXLF
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FBDC or XLF?
FBDC currently has the higher trailing yield: FBDC yields 12.31% and XLF yields 1.48%. Yield changes daily with price, so check the live figures above.
How often do FBDC and XLF pay?
FBDC pays every month and XLF pays every quarter. FBDC's next ex-date is Nov 20, 2026 and XLF's is Dec 21, 2026.
Is FBDC or XLF better for income?
It depends on what you are optimising for. FBDC and XLF differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.