BYRE vs. XLRI
BYRE (Principal Real Estate Active Opportunities ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - BYRE is a REIT fund actively managed by Principal, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. BYRE charges 0.65%/yr vs 0.35%/yr for XLRI.
Performance
BYRE vs. XLRI - Performance Comparison
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Returns By Period
In the year-to-date period, BYRE achieves a 13.03% return, which is significantly higher than XLRI's 6.71% return.
BYRE
- 1D
- 1.22%
- 1M
- -0.15%
- YTD
- 13.03%
- 6M
- 13.95%
- 1Y
- 9.19%
- 3Y*
- 11.04%
- 5Y*
- —
- 10Y*
- —
XLRI
- 1D
- 1.31%
- 1M
- 1.23%
- YTD
- 6.71%
- 6M
- 7.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BYRE vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BYRE Principal Real Estate Active Opportunities ETF | 13.03% | -3.42% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 6.71% | -0.57% |
Correlation
The correlation between BYRE and XLRI is 0.89, 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 | 0.89 |
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Return for Risk
BYRE vs. XLRI — Risk / Return Rank
BYRE
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BYRE vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Real Estate Active Opportunities ETF (BYRE) 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.
| BYRE | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | — | — |
| Martin ratioReturn relative to average drawdown | 2.98 | — | — |
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Drawdowns
BYRE vs. XLRI - Drawdown Comparison
The maximum BYRE drawdown since its inception was -25.70%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for BYRE and XLRI.
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Drawdown Indicators
| BYRE | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.70% | -7.12% | -18.58% |
Max Drawdown (1Y)Largest decline over 1 year | -7.76% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.20% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -0.54% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -9.47% | -1.65% | -7.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | — | — |
Volatility
BYRE vs. XLRI - Volatility Comparison
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Volatility by Period
| BYRE | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.96% | 10.99% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.08% | 10.99% | +7.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.08% | 10.99% | +7.09% |
BYRE vs. XLRI - Expense Ratio Comparison
BYRE has a 0.65% expense ratio, which is higher than XLRI's 0.35% expense ratio.
Dividends
BYRE vs. XLRI - Dividend Comparison
BYRE's dividend yield for the trailing twelve months is around 2.43%, less than XLRI's 12.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BYRE Principal Real Estate Active Opportunities ETF | 2.43% | 2.71% | 2.31% | 2.63% | 1.86% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 12.24% | 6.85% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BYRE and XLRI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XLRI is cheaper with a 0.35% expense ratio, compared with 0.65% for BYRE.
XLRI has the higher dividend yield at 12.24%, compared with 2.43% for BYRE.
BYRE is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Principal and State Street. Their fees differ too: 0.65% for BYRE and 0.35% for XLRI.
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