REZ vs. XLRI
REZ (iShares Residential 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 9.54% return, which is significantly higher than XLRI's 4.25% return.
REZ
- 1D
- 1.06%
- 1M
- -1.63%
- YTD
- 9.54%
- 6M
- 9.75%
- 1Y
- 12.37%
- 3Y*
- 11.60%
- 5Y*
- 3.90%
- 10Y*
- 6.61%
XLRI
- 1D
- -0.23%
- 1M
- -1.10%
- YTD
- 4.25%
- 6M
- 5.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
REZ vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
REZ iShares Residential Real Estate ETF | 9.54% | -0.40% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 4.25% | -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 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 | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | — | — |
| Martin ratioReturn relative to average drawdown | 4.29 | — | — |
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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 | -2.45% | -2.84% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -12.66% | -1.65% | -11.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | — | — |
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 | 5.73% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.99% | 10.90% | +4.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.98% | 10.90% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.57% | 10.90% | +10.67% |
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 2.10%, less than XLRI's 12.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REZ iShares Residential Real Estate ETF | 2.10% | 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 | 12.52% | 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 12.52%, compared with 2.10% 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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