BREIX vs. XLRE
Compare and contrast key facts about Baron Real Estate Fund (BREIX) and Real Estate Select Sector SPDR Fund (XLRE).
BREIX is managed by Baron Capital Group, Inc.. It was launched on Dec 31, 2009. XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BREIX or XLRE.
Key characteristics
| BREIX | XLRE | |
|---|---|---|
| YTD Return | 17.26% | 10.75% |
| 1Y Return | 32.52% | 24.76% |
| 3Y Return (Ann) | -0.15% | -0.16% |
| 5Y Return (Ann) | 7.93% | 5.89% |
| Sharpe Ratio | 2.10 | 1.85 |
| Sortino Ratio | 2.94 | 2.64 |
| Omega Ratio | 1.36 | 1.33 |
| Calmar Ratio | 1.51 | 1.19 |
| Martin Ratio | 8.40 | 7.56 |
| Ulcer Index | 4.70% | 4.16% |
| Daily Std Dev | 18.78% | 17.04% |
| Max Drawdown | -42.73% | -38.83% |
| Current Drawdown | -2.19% | -8.22% |
Correlation
The correlation between BREIX and XLRE is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BREIX vs. XLRE - Performance Comparison
In the year-to-date period, BREIX achieves a 17.26% return, which is significantly higher than XLRE's 10.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BREIX vs. XLRE - Expense Ratio Comparison
BREIX has a 1.05% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Risk-Adjusted Performance
BREIX vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Fund (BREIX) and Real Estate Select Sector SPDR Fund (XLRE). 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.
Dividends
BREIX vs. XLRE - Dividend Comparison
BREIX's dividend yield for the trailing twelve months is around 0.38%, less than XLRE's 3.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | 0.38% | 0.43% | 0.08% | 0.00% | 0.05% | 0.42% | 0.34% | 0.00% | 0.28% | 0.04% | 0.33% | 0.15% |
XLRE Real Estate Select Sector SPDR Fund | 3.19% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% | 0.00% |
Drawdowns
BREIX vs. XLRE - Drawdown Comparison
The maximum BREIX drawdown since its inception was -42.73%, which is greater than XLRE's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for BREIX and XLRE. For additional features, visit the drawdowns tool.
Volatility
BREIX vs. XLRE - Volatility Comparison
Baron Real Estate Fund (BREIX) and Real Estate Select Sector SPDR Fund (XLRE) have volatilities of 5.48% and 5.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.