QBER vs. XLRI

Last updated Jun 24, 2026

QBER (TrueShares Quarterly Bear Hedge ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - QBER is a Options Trading fund actively managed by TrueShares, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. At a correlation of -0.10, they often move in opposite directions. QBER charges 0.79%/yr vs 0.35%/yr for XLRI.

Performance

QBER vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Quarterly Bear Hedge ETF (QBER) 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, QBER achieves a -0.35% return, which is significantly lower than XLRI's 6.71% return.

QBER

• 1D: 0.15%
• 1M: 0.40%
• YTD: -0.35%
• 6M: 0.28%
• 1Y: -0.12%
• 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)

QBER vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
QBER TrueShares Quarterly Bear Hedge ETF	-0.35%	0.35%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between QBER and XLRI is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.11

Return for Risk

QBER vs. XLRI — Risk / Return Rank

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

QBER

QBER Risk / Return Rank: 8
QBER Sharpe Ratio Rank: 9
QBER Sortino Ratio Rank: 8
QBER Omega Ratio Rank: 8
QBER Calmar Ratio Rank: 9
QBER Martin Ratio Rank: 8

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.

QBER vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Quarterly Bear Hedge ETF (QBER) 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.

	QBER	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	—	—
Sortino ratio: Return per unit of downside risk	-0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.05	—	—
Martin ratio: Return relative to average drawdown	-0.12	—	—

Drawdowns

QBER vs. XLRI - Drawdown Comparison

The maximum QBER drawdown since its inception was -5.72%, smaller than the maximum XLRI drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for QBER and XLRI.

Drawdown Indicators

	QBER	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-5.72%	-7.12%	+1.40%
Max Drawdown (1Y) Largest decline over 1 year	-2.35%	—	—
Current Drawdown Current decline from peak	-5.11%	-0.54%	-4.57%
Average Drawdown Average peak-to-trough decline	-4.73%	-1.65%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	—	—

Volatility

Volatility by Period

	QBER	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	10.99%	-7.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.33%	10.99%	-4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.33%	10.99%	-4.66%

QBER vs. XLRI - Expense Ratio Comparison

QBER has a 0.79% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

QBER vs. XLRI - Dividend Comparison

QBER's dividend yield for the trailing twelve months is around 3.27%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024
QBER TrueShares Quarterly Bear Hedge ETF	3.27%	3.26%	1.35%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%

Frequently Asked Questions

Can I hold both QBER and XLRI in my portfolio?

QBER and XLRI have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QBER 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, QBER or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.79% for QBER.

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

XLRI has the higher dividend yield at 12.24%, compared with 3.27% for QBER.

What is the main difference between QBER and XLRI?

QBER is categorized as Options Trading, while XLRI is Derivative Income. They also come from different issuers: TrueShares and State Street. Their fees differ too: 0.79% for QBER and 0.35% for XLRI.