REZ vs. XLRI
REZ (iShares Residential and Multisector Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - REZ is a REIT fund tracking the FTSE NAREIT All Residential Capped Index, while XLRI is a Derivative Income fund actively managed by State Street. REZ is passively managed, while XLRI is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. REZ charges 0.48%/yr vs 0.35%/yr for XLRI.
Performance
REZ vs. XLRI - Performance Comparison
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Returns By Period
In the year-to-date period, REZ achieves a 16.89% return, which is significantly higher than XLRI's 7.28% return.
REZ
- 1D
- 1.13%
- 1M
- 4.09%
- 6M
- 15.55%
- YTD
- 16.89%
- 1Y
- 18.32%
- 3Y*
- 11.11%
- 5Y*
- 4.35%
- 10Y*
- 6.73%
XLRI
- 1D
- 0.45%
- 1M
- -0.01%
- 6M
- 6.59%
- YTD
- 7.28%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
REZ vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
REZ iShares Residential and Multisector Real Estate ETF | 16.89% | -0.40% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 7.28% | -0.57% |
Correlation
The correlation between REZ and XLRI is 0.84, 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 | 0.84 |
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Return for Risk
REZ vs. XLRI — Risk / Return Rank
REZ
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
REZ vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Residential and Multisector Real Estate ETF (REZ) 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.
| REZ | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.21 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | — | — |
| Martin ratioReturn relative to average drawdown | 6.33 | — | — |
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Drawdowns
REZ vs. XLRI - Drawdown Comparison
The maximum REZ drawdown since its inception was -66.87%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for REZ and XLRI.
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Drawdown Indicators
| REZ | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.87% | -7.12% | -59.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.15% | — | — |
Current DrawdownCurrent decline from peak | -1.53% | -0.51% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -12.62% | -1.61% | -11.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | — | — |
Volatility
REZ vs. XLRI - Volatility Comparison
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Volatility by Period
| REZ | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.95% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 11.21% | +4.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 11.21% | +7.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.59% | 11.21% | +10.38% |
REZ vs. XLRI - Expense Ratio Comparison
REZ has a 0.48% expense ratio, which is higher than XLRI's 0.35% expense ratio.
Dividends
REZ vs. XLRI - Dividend Comparison
REZ's dividend yield for the trailing twelve months is around 1.96%, less than XLRI's 13.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REZ iShares Residential and Multisector Real Estate ETF | 1.96% | 2.74% | 2.26% | 2.94% | 3.37% | 1.81% | 3.17% | 2.90% | 3.63% | 3.57% | 5.55% | 3.18% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 13.67% | 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
REZ and XLRI have a correlation of 0.84, 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 REZ.
XLRI has the higher dividend yield at 13.67%, compared with 1.96% for REZ.
REZ 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 REZ and 0.35% for XLRI.
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