POSIX vs. XLRE
Compare and contrast key facts about Principal Global Real Estate Securities Fund (POSIX) and Real Estate Select Sector SPDR Fund (XLRE).
POSIX is managed by Principal. It was launched on Sep 30, 2007. 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: POSIX or XLRE.
Key characteristics
| POSIX | XLRE | |
|---|---|---|
| YTD Return | 10.25% | 13.43% |
| 1Y Return | 26.07% | 31.93% |
| 3Y Return (Ann) | -1.29% | 2.01% |
| 5Y Return (Ann) | 2.12% | 6.08% |
| Sharpe Ratio | 1.41 | 1.49 |
| Daily Std Dev | 16.20% | 18.38% |
| Max Drawdown | -68.45% | -38.83% |
| Current Drawdown | -9.68% | -5.99% |
Correlation
The correlation between POSIX and XLRE is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
POSIX vs. XLRE - Performance Comparison
In the year-to-date period, POSIX achieves a 10.25% return, which is significantly lower than XLRE's 13.43% 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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POSIX vs. XLRE - Expense Ratio Comparison
POSIX has a 0.94% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Risk-Adjusted Performance
POSIX vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Global Real Estate Securities Fund (POSIX) 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
POSIX vs. XLRE - Dividend Comparison
POSIX's dividend yield for the trailing twelve months is around 2.36%, less than XLRE's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POSIX Principal Global Real Estate Securities Fund | 2.36% | 2.61% | 1.12% | 2.40% | 1.13% | 6.32% | 3.81% | 4.16% | 3.70% | 4.48% | 3.18% | 6.17% |
XLRE Real Estate Select Sector SPDR Fund | 2.40% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% | 0.00% |
Drawdowns
POSIX vs. XLRE - Drawdown Comparison
The maximum POSIX drawdown since its inception was -68.45%, which is greater than XLRE's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for POSIX and XLRE. For additional features, visit the drawdowns tool.
Volatility
POSIX vs. XLRE - Volatility Comparison
Principal Global Real Estate Securities Fund (POSIX) and Real Estate Select Sector SPDR Fund (XLRE) have volatilities of 3.25% and 3.25%, 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.