XLRE — State Street Real Estate Select Sector SPDR ETF

XLRE Price Performance — Growth of $10,000

Value of a $10,000 investment in XLRE over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XLRE Drawdown

The "underwater" chart: XLRE's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street Real Estate Select Sector SPDR ETF (XLRE) is a real estate-focused ETF, managed by State Street Investment Management and one of 11 such funds tracked by ETFValuer. XLRE is positioned at the 278th rank among all 458 ETFs monitored by the platform, with a grade of C and a score of 57.3/100, indicating a moderate overall performance. The expense ratio stands at 0.08%, suggesting relatively low costs for investors, and it offers a dividend yield of 3.12%, providing a steady income stream. Given its price of $45.08 and assets under management (AUM) of $8.56B, the ETF has garnered significant investor attention, with a substantial amount of capital committed to the fund, implying strong market acceptance and demand.

The performance of XLRE shows a mixed trend across different time horizons. Over the past year, the ETF returned 11.49%, while over the past three years, it generated a more robust 35.93% gain, suggesting a strong upward trajectory in the long term. However, the recent 1-month return of 0.29% and the 1-week loss of -0.42% indicate some short-term volatility. The 3-month return of 2.19% and 6-month return of 5.10% sit between these extremes, showing a moderate pace of growth. The 1-day return of 0.00% implies that the ETF has been relatively stable on a daily basis, and the year-to-date return of 13.37% suggests that the fund has performed well since the start of the year. This pattern indicates a balance between short-term stability and long-term growth.

XLRE is categorized as having a low volatility label, a beta of 0.99, a Sharpe ratio of 0.46, and a maximum drawdown of -16.57%. The low volatility label and the beta of 0.99 suggest that the fund's performance closely follows the market but with less fluctuation. The Sharpe ratio, which measures the risk-adjusted return, indicates a moderate level of return relative to the risk taken. The maximum drawdown of -16.57% reflects the largest loss experienced by the ETF over a specific period, which, while not negligible, is within a reasonable range for a real estate ETF. Overall, these figures imply that XLRE is suitable for investors seeking exposure to the real estate sector with a preference for a balanced risk profile, likely offering lower volatility and more stable returns compared to more aggressive ETFs in the same category.

AI-generated summary based on the data on this page.

XLRE Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 59.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XLRE's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLRE

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLRE's top 10 — FREL overlaps most, holding 10 of the same companies as XLRE's top 10 (59.0% of XLRE's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

XLRE isn't one of the twelve funds in the portfolio game, but VNQ — Property — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

Free, no sign-up, virtual money only.

XLRE Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.07% and average daily volume is 5.2M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $8.56B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLRE is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XLRE Performance History

How XLRE Compares to Other Real Estate ETFs