IRET vs. XLRI

Last updated Jun 24, 2026

IRET (iREIT MarketVector Quality REIT Index ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - IRET is a REIT fund tracking the iREIT MarketVector Quality REIT Index, while XLRI is a Derivative Income fund actively managed by State Street. IRET is passively managed, while XLRI is actively managed. A 0.77 correlation means they provide meaningful diversification when combined. IRET charges 0.60%/yr vs 0.35%/yr for XLRI.

Performance

IRET vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iREIT MarketVector Quality REIT Index ETF (IRET) 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

IRET

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 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)

IRET vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
IRET iREIT MarketVector Quality REIT Index ETF	14.33%	0.41%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between IRET and XLRI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.77

Return for Risk

IRET vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iREIT MarketVector Quality REIT Index ETF (IRET) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	IRET	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	—	-7.12%	—
Current Drawdown Current decline from peak	—	-0.54%	—
Average Drawdown Average peak-to-trough decline	—	-1.65%	—

Volatility

Volatility by Period

	IRET	XLRI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	10.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	10.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	10.99%	—

IRET vs. XLRI - Expense Ratio Comparison

IRET has a 0.60% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

IRET vs. XLRI - Dividend Comparison

IRET's dividend yield for the trailing twelve months is around 3.79%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024
IRET iREIT MarketVector Quality REIT Index ETF	3.79%	5.14%	3.52%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%

Frequently Asked Questions

Can I hold both IRET and XLRI in my portfolio?

IRET and XLRI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IRET or XLRI?

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.

Which ETF is cheaper, IRET or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.60% for IRET.

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

XLRI has the higher dividend yield at 12.24%, compared with 3.79% for IRET.

What is the main difference between IRET and XLRI?

IRET is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: iREIT and State Street. Their fees differ too: 0.60% for IRET and 0.35% for XLRI.