Correlation
The correlation between BRIIX and XLRE is 0.60, 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.
BRIIX vs. XLRE
Compare and contrast key facts about Baron Real Estate Income Fund (BRIIX) and Real Estate Select Sector SPDR Fund (XLRE).
BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017. 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: BRIIX or XLRE.
Performance
BRIIX vs. XLRE - Performance Comparison
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Key characteristics
BRIIX:
1.13
XLRE:
0.88
BRIIX:
1.57
XLRE:
1.30
BRIIX:
1.22
XLRE:
1.17
BRIIX:
0.98
XLRE:
0.70
BRIIX:
4.15
XLRE:
2.94
BRIIX:
4.90%
XLRE:
5.55%
BRIIX:
17.73%
XLRE:
18.13%
BRIIX:
-37.06%
XLRE:
-38.83%
BRIIX:
-6.78%
XLRE:
-10.06%
Returns By Period
In the year-to-date period, BRIIX achieves a -1.46% return, which is significantly lower than XLRE's 3.26% return.
BRIIX
-1.46%
1.79%
-6.57%
17.98%
4.01%
9.23%
N/A
XLRE
3.26%
0.75%
-5.67%
13.48%
1.57%
7.32%
N/A
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BRIIX vs. XLRE - Expense Ratio Comparison
BRIIX has a 1.08% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Risk-Adjusted Performance
BRIIX vs. XLRE — Risk-Adjusted Performance Rank
BRIIX
XLRE
BRIIX vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Income Fund (BRIIX) 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.
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Dividends
BRIIX vs. XLRE - Dividend Comparison
BRIIX's dividend yield for the trailing twelve months is around 1.40%, less than XLRE's 3.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BRIIX Baron Real Estate Income Fund | 1.40% | 1.41% | 1.95% | 2.01% | 1.42% | 0.76% | 1.12% | 3.03% | 0.00% | 0.00% | 0.00% |
XLRE Real Estate Select Sector SPDR Fund | 3.34% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% |
Drawdowns
BRIIX vs. XLRE - Drawdown Comparison
The maximum BRIIX drawdown since its inception was -37.06%, roughly equal to the maximum XLRE drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for BRIIX and XLRE.
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Volatility
BRIIX vs. XLRE - Volatility Comparison
The current volatility for Baron Real Estate Income Fund (BRIIX) is 4.33%, while Real Estate Select Sector SPDR Fund (XLRE) has a volatility of 4.72%. This indicates that BRIIX experiences smaller price fluctuations and is considered to be less risky than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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