AVRE vs. XLRI

Last updated Jun 24, 2026

AVRE (Avantis Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - AVRE is a REIT fund actively managed by Avantis, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. AVRE charges 0.17%/yr vs 0.35%/yr for XLRI.

Performance

AVRE vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Real Estate ETF (AVRE) 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, AVRE achieves a 10.29% return, which is significantly higher than XLRI's 6.71% return.

AVRE

• 1D: 0.70%
• 1M: 0.44%
• YTD: 10.29%
• 6M: 10.48%
• 1Y: 10.80%
• 3Y*: 10.51%
• 5Y*: —
• 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)

AVRE vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
AVRE Avantis Real Estate ETF	10.29%	0.20%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between AVRE and XLRI is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.91

Return for Risk

AVRE vs. XLRI — Risk / Return Rank

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

AVRE

AVRE Risk / Return Rank: 26
AVRE Sharpe Ratio Rank: 26
AVRE Sortino Ratio Rank: 24
AVRE Omega Ratio Rank: 24
AVRE Calmar Ratio Rank: 25
AVRE Martin Ratio Rank: 31

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.

AVRE vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Real Estate ETF (AVRE) 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.

	AVRE	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	0.89	—	—
Sortino ratio: Return per unit of downside risk	1.27	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	4.18	—	—

Drawdowns

AVRE vs. XLRI - Drawdown Comparison

The maximum AVRE drawdown since its inception was -32.52%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for AVRE and XLRI.

Drawdown Indicators

	AVRE	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-32.52%	-7.12%	-25.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	—	—
Current Drawdown Current decline from peak	-0.83%	-0.54%	-0.29%
Average Drawdown Average peak-to-trough decline	-14.61%	-1.65%	-12.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	—	—

Volatility

Volatility by Period

	AVRE	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	10.99%	+1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.60%	10.99%	+5.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	10.99%	+5.61%

AVRE vs. XLRI - Expense Ratio Comparison

AVRE has a 0.17% expense ratio, which is lower than XLRI's 0.35% expense ratio.

Dividends

AVRE vs. XLRI - Dividend Comparison

AVRE's dividend yield for the trailing twelve months is around 4.26%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024	2023	2022	2021
AVRE Avantis Real Estate ETF	4.26%	4.30%	3.99%	3.33%	3.78%	0.61%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVRE and XLRI in my portfolio?

With a correlation of 0.91, AVRE and XLRI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AVRE or XLRI?

On fees, AVRE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVRE or XLRI?

AVRE is cheaper with a 0.17% expense ratio, compared with 0.35% for XLRI.

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

XLRI has the higher dividend yield at 12.24%, compared with 4.26% for AVRE.

What is the main difference between AVRE and XLRI?

AVRE is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Avantis and State Street. Their fees differ too: 0.17% for AVRE and 0.35% for XLRI.