REM vs. XLRI
REM (iShares Mortgage Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - REM is a REIT fund tracking the FTSE NAREIT All Mortgage Capped Index, while XLRI is a Derivative Income fund actively managed by State Street. REM is passively managed, while XLRI is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. REM charges 0.48%/yr vs 0.35%/yr for XLRI.
Performance
REM vs. XLRI - Performance Comparison
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Returns By Period
In the year-to-date period, REM achieves a -0.15% return, which is significantly lower than XLRI's 6.71% return.
REM
- 1D
- 0.94%
- 1M
- 1.19%
- YTD
- -0.15%
- 6M
- 0.03%
- 1Y
- 11.49%
- 3Y*
- 8.08%
- 5Y*
- -2.46%
- 10Y*
- 2.86%
XLRI
- 1D
- 1.31%
- 1M
- 1.23%
- YTD
- 6.71%
- 6M
- 7.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
REM vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
REM iShares Mortgage Real Estate ETF | -0.15% | 5.49% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 6.71% | -0.57% |
Correlation
The correlation between REM and XLRI is 0.56, 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 | 0.56 |
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Return for Risk
REM vs. XLRI — Risk / Return Rank
REM
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
REM vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Mortgage Real Estate ETF (REM) 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.
| REM | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | — | — |
| Martin ratioReturn relative to average drawdown | 2.18 | — | — |
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Drawdowns
REM vs. XLRI - Drawdown Comparison
The maximum REM drawdown since its inception was -74.73%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for REM and XLRI.
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Drawdown Indicators
| REM | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.73% | -7.12% | -67.61% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.31% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.52% | — | — |
Current DrawdownCurrent decline from peak | -22.34% | -0.54% | -21.80% |
Average DrawdownAverage peak-to-trough decline | -38.30% | -1.65% | -36.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.29% | — | — |
Volatility
REM vs. XLRI - Volatility Comparison
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Volatility by Period
| REM | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.38% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.01% | 10.99% | +6.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.57% | 10.99% | +12.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.31% | 10.99% | +17.32% |
REM vs. XLRI - Expense Ratio Comparison
REM has a 0.48% expense ratio, which is higher than XLRI's 0.35% expense ratio.
Dividends
REM vs. XLRI - Dividend Comparison
REM's dividend yield for the trailing twelve months is around 9.02%, less than XLRI's 12.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REM iShares Mortgage Real Estate ETF | 9.02% | 8.70% | 9.61% | 9.46% | 11.13% | 7.29% | 7.72% | 8.16% | 10.00% | 9.97% | 10.03% | 11.99% |
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% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
REM and XLRI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XLRI is cheaper with a 0.35% expense ratio, compared with 0.48% for REM.
XLRI has the higher dividend yield at 12.24%, compared with 9.02% for REM.
REM is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: iShares and State Street. Their fees differ too: 0.48% for REM and 0.35% for XLRI.
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