SRHR vs. XLRI

Last updated Jun 24, 2026

SRHR (SRH REIT Covered Call ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - SRHR is a REIT fund actively managed by SRH, while XLRI is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. SRHR charges 0.75%/yr vs 0.35%/yr for XLRI.

Performance

SRHR vs. XLRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SRH REIT Covered Call ETF (SRHR) 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, SRHR achieves a 14.19% return, which is significantly higher than XLRI's 5.32% return.

SRHR

• 1D: 1.21%
• 1M: 1.71%
• YTD: 14.19%
• 6M: 15.37%
• 1Y: 13.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLRI

• 1D: 1.03%
• 1M: -0.09%
• YTD: 5.32%
• 6M: 6.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SRHR vs. XLRI - Yearly Performance Comparison

	2026 (YTD)	2025
SRHR SRH REIT Covered Call ETF	14.19%	-0.83%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	5.32%	-0.57%

Correlation

The correlation between SRHR and XLRI is 0.86, 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	0.86

Return for Risk

SRHR vs. XLRI — Risk / Return Rank

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

SRHR

SRHR Risk / Return Rank: 31
SRHR Sharpe Ratio Rank: 31
SRHR Sortino Ratio Rank: 29
SRHR Omega Ratio Rank: 27
SRHR Calmar Ratio Rank: 34
SRHR Martin Ratio Rank: 34

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.

SRHR vs. XLRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SRH REIT Covered Call ETF (SRHR) 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.

	SRHR	XLRI	Difference
Sharpe ratio: Return per unit of total volatility	1.02	—	—
Sortino ratio: Return per unit of downside risk	1.49	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.62	—	—
Martin ratio: Return relative to average drawdown	4.74	—	—

Drawdowns

SRHR vs. XLRI - Drawdown Comparison

The maximum SRHR drawdown since its inception was -18.68%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for SRHR and XLRI.

Drawdown Indicators

	SRHR	XLRI	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-7.12%	-11.56%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	—	—
Current Drawdown Current decline from peak	-0.67%	-1.83%	+1.16%
Average Drawdown Average peak-to-trough decline	-4.84%	-1.65%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	—	—

Volatility

Volatility by Period

	SRHR	XLRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.23%	10.93%	+2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	10.93%	+4.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	10.93%	+4.90%

SRHR vs. XLRI - Expense Ratio Comparison

SRHR has a 0.75% expense ratio, which is higher than XLRI's 0.35% expense ratio.

Dividends

SRHR vs. XLRI - Dividend Comparison

SRHR's dividend yield for the trailing twelve months is around 6.22%, less than XLRI's 12.40% yield.

Position	TTM	2025	2024	2023
SRHR SRH REIT Covered Call ETF	6.22%	7.07%	6.90%	0.95%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	12.40%	6.85%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SRHR and XLRI in my portfolio?

SRHR and XLRI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SRHR 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, SRHR or XLRI?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.75% for SRHR.

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

XLRI has the higher dividend yield at 12.40%, compared with 6.22% for SRHR.

What is the main difference between SRHR and XLRI?

SRHR is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: SRH and State Street. Their fees differ too: 0.75% for SRHR and 0.35% for XLRI.