XLU · IV Rank History

State Street Utilities Select Sector SPDR ETF · ETF

IV rank shows where XLU's implied volatility sits within its own recent range: 0 is the lowest reading in the window, 100 the highest. This page gives the 52-week version, the 90-session version our screeners use, the IV percentile, and the daily history.

XLU's 30-day at-the-money implied volatility was 16.7% as of Oct 21, 2026. Its 52-week IV rank is 15 and its IV percentile is 39%: IV was lower on 39% of the past year's sessions. Over those 52 weeks it ranged from 12.3% (Jan 14, 2026) to 41.6% (Apr 10, 2026). On the 90-session window our screeners use, the IV rank is 14.

XLU IV rank history

504 sessions

Filled line: 90-session IV rank (0–100, left axis). Dashed line: 30-day at-the-money implied volatility (right axis).

XLU IV rank and implied volatility as of 2026-10-21

52-Week IV Rank
15
0 = year low, 100 = year high
IV Percentile
39%
of past-year sessions had lower IV
90-Session IV Rank
14
used by our screeners
30-Day ATM IV
16.7%
1-year average 18.5%
7-Day ATM IV
16.6%
90-session rank 8
52-Week IV High
41.6%
2026-04-10
52-Week IV Low
12.3%
2026-01-14
History Since
2023-05-02
832 sessions

How these are measured. Implied volatility here is XLU's 30-day at-the-money IV: the implied volatility of the calls and puts struck nearest the share price, blended between the expirations on either side of 30 days so every reading covers the same horizon. It's the IV level options traders usually quote, and it doesn't jump when the nearest expiration rolls from a weekly to a monthly. The 7-day figure is the same measure a week out, so it reacts first to near-term events such as earnings.

52-week IV rank = (today's IV − 52-week low) ÷ (52-week high − 52-week low) × 100. IV percentile is the share of the past year's sessions that closed with lower IV than today. The 90-session IV rank applies the same rank formula to the last 90 sessions, so it reacts faster.

A high reading means XLU options are expensive relative to their own recent history, which is common ahead of earnings or after a sharp move. It says nothing about which way the stock will go. The Vol Arb Screener ranks every tracked symbol by these measures.

XLU implied volatility by month

MonthAvg ATM IVHighLowAvg IV Rank (90-session)
Oct 2026 (to date) 18.0% 19.8% 16.7% 19
Sep 2026 17.2% 29.8% 13.6% 15
Aug 2026 17.3% 36.5% 14.7% 10
Jul 2026 16.5% 17.8% 14.8% 6
Jun 2026 17.3% 24.5% 14.8% 10
May 2026 19.1% 34.2% 16.6% 23
Apr 2026 20.7% 41.6% 16.4% 30
Mar 2026 24.6% 36.5% 18.7% 51
Feb 2026 19.3% 31.9% 16.3% 29
Jan 2026 15.5% 18.7% 12.3% 12
Dec 2025 17.8% 36.5% 13.4% 33
Nov 2025 19.0% 25.4% 14.7% 55
Oct 2025 18.2% 21.6% 15.0% 51
Sep 2025 17.5% 23.7% 13.1% 44
Aug 2025 16.3% 24.5% 11.3% 17
Jul 2025 16.9% 24.3% 13.4% 7
Jun 2025 18.2% 25.0% 13.6% 10
May 2025 18.0% 25.2% 14.7% 9
Apr 2025 25.8% 61.1% 13.8% 34
Mar 2025 21.4% 27.8% 15.2% 44
Feb 2025 20.0% 26.7% 14.9% 35
Jan 2025 21.0% 27.9% 16.8% 40
Dec 2024 22.0% 30.2% 12.2% 43
Nov 2024 20.7% 29.0% 15.2% 32
Oct 2024 21.7% 34.2% 13.2% 36
Sep 2024 17.6% 25.8% 13.6% 21
Aug 2024 19.8% 34.4% 13.4% 30
Jul 2024 21.6% 37.5% 14.1% 38
Jun 2024 18.0% 24.9% 14.8% 24
May 2024 16.7% 22.7% 12.4% 18
Apr 2024 23.9% 37.3% 14.7% 47
Mar 2024 18.8% 35.1% 12.0% 20
Feb 2024 18.9% 25.6% 14.3% 19
Jan 2024 18.6% 30.3% 15.7% 20
Dec 2023 19.5% 33.3% 14.7% 23
Nov 2023 21.0% 38.1% 16.6% 30
Oct 2023 23.5% 28.4% 20.6% 34
Sep 2023 15.8% 23.1% 13.6% 9
Aug 2023 18.7% 40.6% 14.0% 17
Jul 2023 16.1% 32.9% 12.6% 9
Jun 2023 16.6% 41.6% 13.2% 8
May 2023 20.5% 47.9% 15.9% —

XLU IV rank: last 30 sessions

DateIV Rank (90-session)30-Day ATM IV7-Day ATM IV
2026-10-21 14 16.7% 16.6%
2026-10-20 15 17.1% 17.9%
2026-10-19 18 17.8% 18.5%
2026-10-16 18 17.6% 17.0%
2026-10-15 16 17.3% 17.9%
2026-10-14 15 17.1% 17.2%
2026-10-13 22 18.7% 20.2%
2026-10-12 21 18.5% 17.9%
2026-10-09 18 17.8% 15.7%
2026-10-08 21 18.5% 18.4%
2026-10-07 17 17.6% 17.4%
2026-10-06 19 17.9% 18.3%
2026-10-05 24 19.0% 17.7%
2026-10-02 25 19.3% 18.4%
2026-10-01 27 19.8% 20.9%
2026-09-30 26 19.6% 19.8%
2026-09-29 21 18.4% 19.9%
2026-09-28 26 19.5% 23.1%
2026-09-25 22 18.6% 20.9%
2026-09-24 13 16.6% 16.8%
2026-09-23 13 16.6% 17.0%
2026-09-22 6 15.0% 15.3%
2026-09-21 6 15.0% 16.1%
2026-09-18 13 16.5% 14.6%
2026-09-17 7 15.1% 14.7%
2026-09-16 14 16.8% 18.3%
2026-09-15 28 20.1% 20.5%
2026-09-14 10 15.9% 17.2%
2026-09-11 9 15.6% 15.7%
2026-09-10 6 15.1% 19.9%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.