PPTY vs. XLRI

Last updated Jun 24, 2026

PPTY (US Diversified Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - PPTY is a REIT fund tracking the USREX - U.S. Diversified Real Estate Index, while XLRI is a Derivative Income fund actively managed by State Street. PPTY is passively managed, while XLRI is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. PPTY charges 0.49%/yr vs 0.35%/yr for XLRI.

Performance

PPTY vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Diversified Real Estate ETF (PPTY) 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

In the year-to-date period, PPTY achieves a 13.64% return, which is significantly higher than XLRI's 6.71% return.

PPTY

• 1D: 1.21%
• 1M: 2.70%
• YTD: 13.64%
• 6M: 14.29%
• 1Y: 13.03%
• 3Y*: 11.23%
• 5Y*: 3.03%
• 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)

PPTY vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
PPTY US Diversified Real Estate ETF	13.64%	-0.76%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between PPTY and XLRI is 0.85, 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	0.85

Return for Risk

PPTY vs. XLRI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PPTY

PPTY Risk / Return Rank: 29
PPTY Sharpe Ratio Rank: 27
PPTY Sortino Ratio Rank: 26
PPTY Omega Ratio Rank: 24
PPTY Calmar Ratio Rank: 35
PPTY Martin Ratio Rank: 34

XLRI

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PPTY vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Diversified Real Estate ETF (PPTY) 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.

	PPTY	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	0.93	—	—
Sortino ratio: Return per unit of downside risk	1.35	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.62	—	—
Martin ratio: Return relative to average drawdown	4.68	—	—

Drawdowns

PPTY vs. XLRI - Drawdown Comparison

The maximum PPTY drawdown since its inception was -41.69%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for PPTY and XLRI.

Drawdown Indicators

	PPTY	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-41.69%	-7.12%	-34.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.37%	—	—
Current Drawdown Current decline from peak	-0.86%	-0.54%	-0.32%
Average Drawdown Average peak-to-trough decline	-11.28%	-1.65%	-9.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	—	—

Volatility

Volatility by Period

	PPTY	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.15%	10.99%	+3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.60%	10.99%	+7.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.90%	10.99%	+10.91%

PPTY vs. XLRI - Expense Ratio Comparison

PPTY has a 0.49% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

PPTY vs. XLRI - Dividend Comparison

PPTY's dividend yield for the trailing twelve months is around 2.56%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PPTY US Diversified Real Estate ETF	2.56%	3.04%	3.29%	4.08%	4.29%	2.87%	3.43%	3.30%	1.97%
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%

Frequently Asked Questions

Can I hold both PPTY and XLRI in my portfolio?

PPTY and XLRI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PPTY 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, PPTY or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.49% for PPTY.

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

XLRI has the higher dividend yield at 12.24%, compared with 2.56% for PPTY.

What is the main difference between PPTY and XLRI?

PPTY is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Vident and State Street. Their fees differ too: 0.49% for PPTY and 0.35% for XLRI.