APRW vs. XLRI

Last updated Jun 24, 2026

APRW (AllianzIM U.S. Large Cap Buffer20 Apr ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - APRW is a Options Trading fund actively managed by Allianz, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. APRW charges 0.74%/yr vs 0.35%/yr for XLRI.

Performance

APRW vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW) and State Street Real Estate Select Sector SPDR Premium Income ETF (XLRI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APRW achieves a 5.94% return, which is significantly lower than XLRI's 6.71% return.

APRW

• 1D: -0.30%
• 1M: 0.01%
• YTD: 5.94%
• 6M: 6.07%
• 1Y: 11.57%
• 3Y*: 9.84%
• 5Y*: 6.97%
• 10Y*: —

XLRI

• 1D: 1.31%
• 1M: 1.23%
• YTD: 6.71%
• 6M: 7.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APRW vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	5.94%	3.50%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between APRW and XLRI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.31

Return for Risk

APRW vs. XLRI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APRW

APRW Risk / Return Rank: 98
APRW Sharpe Ratio Rank: 97
APRW Sortino Ratio Rank: 98
APRW Omega Ratio Rank: 98
APRW Calmar Ratio Rank: 98
APRW Martin Ratio Rank: 98

XLRI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APRW vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW) and State Street Real Estate Select Sector SPDR Premium Income ETF (XLRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	APRW	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	4.35	—	—
Sortino ratio: Return per unit of downside risk	7.57	—	—
Omega ratio: Gain probability vs. loss probability	2.07	—	—
Calmar ratio: Return relative to maximum drawdown	13.01	—	—
Martin ratio: Return relative to average drawdown	68.66	—	—

Drawdowns

APRW vs. XLRI - Drawdown Comparison

The maximum APRW drawdown since its inception was -9.61%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for APRW and XLRI.

Drawdown Indicators

	APRW	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-9.61%	-7.12%	-2.49%
Max Drawdown (1Y) Largest decline over 1 year	-0.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.61%	—	—
Current Drawdown Current decline from peak	-0.46%	-0.54%	+0.08%
Average Drawdown Average peak-to-trough decline	-1.11%	-1.65%	+0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.17%	—	—

Volatility

Volatility by Period

	APRW	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.71%	10.99%	-8.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.73%	10.99%	-4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.40%	10.99%	-4.59%

APRW vs. XLRI - Expense Ratio Comparison

APRW has a 0.74% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

APRW vs. XLRI - Dividend Comparison

APRW has not paid dividends to shareholders, while XLRI's dividend yield for the trailing twelve months is around 12.24%.

Position	TTM	2025	2024	2023	2022	2021	2020
APRW AllianzIM U.S. Large Cap Buffer20 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.67%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APRW and XLRI in my portfolio?

APRW and XLRI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, APRW or XLRI?

On fees, XLRI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APRW or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.74% for APRW.

Which ETF pays a higher dividend yield, APRW or XLRI?

XLRI has the higher dividend yield at 12.24%, compared with 0.00% for APRW.

What is the main difference between APRW and XLRI?

APRW is categorized as Options Trading, while XLRI is Derivative Income. They also come from different issuers: Allianz and State Street. Their fees differ too: 0.74% for APRW and 0.35% for XLRI.