DRN vs. XLRI
DRN (Direxion Daily Real Estate Bull 3x Shares) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - DRN is a REIT fund tracking the MSCI US REIT Index (300%), while XLRI is a Derivative Income fund actively managed by State Street. DRN is passively managed, while XLRI is actively managed. With a 0.96 correlation, they move nearly in lockstep. DRN charges 0.99%/yr vs 0.35%/yr for XLRI.
Performance
DRN vs. XLRI - Performance Comparison
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Returns By Period
In the year-to-date period, DRN achieves a 29.87% return, which is significantly higher than XLRI's 6.71% return.
DRN
- 1D
- 3.48%
- 1M
- 0.92%
- YTD
- 29.87%
- 6M
- 31.25%
- 1Y
- 12.29%
- 3Y*
- 12.52%
- 5Y*
- -10.17%
- 10Y*
- -4.65%
XLRI
- 1D
- 1.31%
- 1M
- 1.23%
- YTD
- 6.71%
- 6M
- 7.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRN vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DRN Direxion Daily Real Estate Bull 3x Shares | 29.87% | -16.91% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 6.71% | -0.57% |
Correlation
The correlation between DRN and XLRI is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.96 |
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Return for Risk
DRN vs. XLRI — Risk / Return Rank
DRN
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DRN vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Real Estate Bull 3x Shares (DRN) 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.
| DRN | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | — | — |
| Martin ratioReturn relative to average drawdown | 1.12 | — | — |
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Drawdowns
DRN vs. XLRI - Drawdown Comparison
The maximum DRN drawdown since its inception was -86.32%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for DRN and XLRI.
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Drawdown Indicators
| DRN | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.32% | -7.12% | -79.20% |
Max Drawdown (1Y)Largest decline over 1 year | -24.28% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -48.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -80.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.32% | — | — |
Current DrawdownCurrent decline from peak | -62.97% | -0.54% | -62.43% |
Average DrawdownAverage peak-to-trough decline | -35.15% | -1.65% | -33.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.95% | — | — |
Volatility
DRN vs. XLRI - Volatility Comparison
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Volatility by Period
| DRN | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.71% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.14% | 10.99% | +31.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.85% | 10.99% | +45.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.77% | 10.99% | +49.78% |
DRN vs. XLRI - Expense Ratio Comparison
DRN has a 0.99% expense ratio, which is higher than XLRI's 0.35% expense ratio.
Dividends
DRN vs. XLRI - Dividend Comparison
DRN's dividend yield for the trailing twelve months is around 2.05%, less than XLRI's 12.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DRN Direxion Daily Real Estate Bull 3x Shares | 2.05% | 2.81% | 2.24% | 2.84% | 2.70% | 4.21% | 1.90% | 2.59% | 3.11% | 0.91% |
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% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, DRN 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.
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 0.99% for DRN.
XLRI has the higher dividend yield at 12.24%, compared with 2.05% for DRN.
DRN is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Direxion and State Street. Their fees differ too: 0.99% for DRN and 0.35% for XLRI.
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