REIT vs. XLRI

Last updated Jun 24, 2026

REIT (ALPS Active REIT ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - REIT is a REIT fund actively managed by ALPS, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. REIT charges 0.68%/yr vs 0.35%/yr for XLRI.

Performance

REIT vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Active REIT ETF (REIT) 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, REIT achieves a 17.16% return, which is significantly higher than XLRI's 6.71% return.

REIT

• 1D: 1.28%
• 1M: 1.64%
• YTD: 17.16%
• 6M: 17.61%
• 1Y: 16.74%
• 3Y*: 12.73%
• 5Y*: 4.91%
• 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)

REIT vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
REIT ALPS Active REIT ETF	17.16%	-0.39%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between REIT and XLRI is 0.91, 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	0.91

Return for Risk

REIT vs. XLRI — Risk / Return Rank

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

REIT

REIT Risk / Return Rank: 39
REIT Sharpe Ratio Rank: 37
REIT Sortino Ratio Rank: 34
REIT Omega Ratio Rank: 35
REIT Calmar Ratio Rank: 49
REIT Martin Ratio Rank: 42

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.

REIT vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Active REIT ETF (REIT) 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.

	REIT	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	1.26	—	—
Sortino ratio: Return per unit of downside risk	1.71	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	6.59	—	—

Drawdowns

REIT vs. XLRI - Drawdown Comparison

The maximum REIT drawdown since its inception was -29.30%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for REIT and XLRI.

Drawdown Indicators

	REIT	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-29.30%	-7.12%	-22.18%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.30%	—	—
Current Drawdown Current decline from peak	-0.23%	-0.54%	+0.31%
Average Drawdown Average peak-to-trough decline	-10.28%	-1.65%	-8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	—	—

Volatility

Volatility by Period

	REIT	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.38%	10.99%	+2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	10.99%	+7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	10.99%	+7.39%

REIT vs. XLRI - Expense Ratio Comparison

REIT has a 0.68% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

REIT vs. XLRI - Dividend Comparison

REIT's dividend yield for the trailing twelve months is around 2.72%, less than XLRI's 12.24% yield.

Position	TTM	2025	2024	2023	2022	2021
REIT ALPS Active REIT ETF	2.72%	3.20%	3.06%	3.13%	2.81%	4.71%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REIT and XLRI in my portfolio?

With a correlation of 0.91, REIT and XLRI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, REIT 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, REIT or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.68% for REIT.

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

XLRI has the higher dividend yield at 12.24%, compared with 2.72% for REIT.

What is the main difference between REIT and XLRI?

REIT is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: ALPS and State Street. Their fees differ too: 0.68% for REIT and 0.35% for XLRI.