SAUG vs. XLRI

Last updated Jun 24, 2026

SAUG (FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - SAUG is a Options Trading fund actively managed by FT Vest, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. SAUG charges 0.90%/yr vs 0.35%/yr for XLRI.

Performance

SAUG vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG) 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, SAUG achieves a 8.49% return, which is significantly higher than XLRI's 6.71% return.

SAUG

• 1D: -0.15%
• 1M: 1.22%
• YTD: 8.49%
• 6M: 7.47%
• 1Y: 19.55%
• 3Y*: —
• 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)

SAUG vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
SAUG FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August	8.49%	7.02%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	6.71%	-0.57%

Correlation

The correlation between SAUG and XLRI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.43

Return for Risk

SAUG vs. XLRI — Risk / Return Rank

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

SAUG

SAUG Risk / Return Rank: 79
SAUG Sharpe Ratio Rank: 70
SAUG Sortino Ratio Rank: 78
SAUG Omega Ratio Rank: 74
SAUG Calmar Ratio Rank: 88
SAUG Martin Ratio Rank: 84

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.

SAUG vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG) 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.

	SAUG	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	3.16	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	4.79	—	—
Martin ratio: Return relative to average drawdown	15.75	—	—

Drawdowns

SAUG vs. XLRI - Drawdown Comparison

The maximum SAUG drawdown since its inception was -14.62%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for SAUG and XLRI.

Drawdown Indicators

	SAUG	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-14.62%	-7.12%	-7.50%
Max Drawdown (1Y) Largest decline over 1 year	-4.10%	—	—
Current Drawdown Current decline from peak	-0.15%	-0.54%	+0.39%
Average Drawdown Average peak-to-trough decline	-2.21%	-1.65%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.24%	—	—

Volatility

Volatility by Period

	SAUG	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.48%	10.99%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.72%	10.99%	+0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.72%	10.99%	+0.73%

SAUG vs. XLRI - Expense Ratio Comparison

SAUG has a 0.90% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

SAUG vs. XLRI - Dividend Comparison

SAUG has not paid dividends to shareholders, while XLRI's dividend yield for the trailing twelve months is around 12.24%.

Position	TTM	2025
SAUG FT Cboe Vest U.S. Small Cap Moderate Buffer ETF - August	0.00%	0.00%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.24%	6.85%

Frequently Asked Questions

Can I hold both SAUG and XLRI in my portfolio?

SAUG and XLRI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SAUG 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, SAUG or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.90% for SAUG.

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

XLRI has the higher dividend yield at 12.24%, compared with 0.00% for SAUG.

What is the main difference between SAUG and XLRI?

SAUG is categorized as Options Trading, while XLRI is Derivative Income. They also come from different issuers: FT Vest and State Street. Their fees differ too: 0.90% for SAUG and 0.35% for XLRI.