REAI vs. XLRI

Last updated Jun 24, 2026

REAI (Intelligent Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - REAI is a REIT fund actively managed by Armada ETF Advisors, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. REAI charges 0.59%/yr vs 0.35%/yr for XLRI.

Performance

REAI vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intelligent Real Estate ETF (REAI) 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, REAI achieves a 14.97% return, which is significantly higher than XLRI's 6.71% return.

REAI

• 1D: 0.41%
• 1M: -0.63%
• YTD: 14.97%
• 6M: 15.33%
• 1Y: 11.93%
• 3Y*: 7.38%
• 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)

REAI vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
REAI Intelligent Real Estate ETF	14.97%	-2.75%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between REAI and XLRI is 0.74, 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	0.74

Return for Risk

REAI vs. XLRI — Risk / Return Rank

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

REAI

REAI Risk / Return Rank: 23
REAI Sharpe Ratio Rank: 23
REAI Sortino Ratio Rank: 22
REAI Omega Ratio Rank: 21
REAI Calmar Ratio Rank: 24
REAI Martin Ratio Rank: 23

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.

REAI vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intelligent Real Estate ETF (REAI) 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.

	REAI	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	0.77	—	—
Sortino ratio: Return per unit of downside risk	1.14	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.08	—	—
Martin ratio: Return relative to average drawdown	2.75	—	—

Drawdowns

REAI vs. XLRI - Drawdown Comparison

The maximum REAI drawdown since its inception was -22.29%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for REAI and XLRI.

Drawdown Indicators

	REAI	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-22.29%	-7.12%	-15.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.29%	—	—
Current Drawdown Current decline from peak	-2.14%	-0.54%	-1.60%
Average Drawdown Average peak-to-trough decline	-7.21%	-1.65%	-5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	—	—

Volatility

Volatility by Period

	REAI	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	10.99%	+4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.00%	10.99%	+7.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.00%	10.99%	+7.01%

REAI vs. XLRI - Expense Ratio Comparison

REAI has a 0.59% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

REAI vs. XLRI - Dividend Comparison

REAI's dividend yield for the trailing twelve months is around 3.22%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024	2023
REAI Intelligent Real Estate ETF	3.22%	4.52%	3.34%	1.99%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REAI and XLRI in my portfolio?

REAI and XLRI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, REAI 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, REAI or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.59% for REAI.

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

XLRI has the higher dividend yield at 12.24%, compared with 3.22% for REAI.

What is the main difference between REAI and XLRI?

REAI is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Armada ETF Advisors and State Street. Their fees differ too: 0.59% for REAI and 0.35% for XLRI.