URE vs. XLRI
URE (ProShares Ultra Real Estate) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - URE is a REIT fund tracking the Dow Jones U.S. Real Estate Index (200%), while XLRI is a Derivative Income fund actively managed by State Street. URE is passively managed, while XLRI is actively managed. With a 0.96 correlation, they move nearly in lockstep. URE charges 0.95%/yr vs 0.35%/yr for XLRI.
Performance
URE vs. XLRI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, URE achieves a 21.30% return, which is significantly higher than XLRI's 6.71% return.
URE
- 1D
- 2.89%
- 1M
- 1.25%
- YTD
- 21.30%
- 6M
- 22.37%
- 1Y
- 11.16%
- 3Y*
- 12.71%
- 5Y*
- -2.86%
- 10Y*
- 3.29%
XLRI
- 1D
- 1.31%
- 1M
- 1.23%
- YTD
- 6.71%
- 6M
- 7.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
URE vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
URE ProShares Ultra Real Estate | 21.30% | -10.48% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 6.71% | -0.57% |
Correlation
The correlation between URE and XLRI is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.96 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
URE vs. XLRI — Risk / Return Rank
URE
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
URE vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Real Estate (URE) 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.
| URE | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.09 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | — | — |
| Martin ratioReturn relative to average drawdown | 1.63 | — | — |
Loading charts...
Drawdowns
URE vs. XLRI - Drawdown Comparison
The maximum URE drawdown since its inception was -97.16%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for URE and XLRI.
Loading charts...
Drawdown Indicators
| URE | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -7.12% | -90.04% |
Max Drawdown (1Y)Largest decline over 1 year | -16.50% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -33.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -63.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -70.49% | — | — |
Current DrawdownCurrent decline from peak | -49.63% | -0.54% | -49.09% |
Average DrawdownAverage peak-to-trough decline | -64.47% | -1.65% | -62.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.86% | — | — |
Volatility
URE vs. XLRI - Volatility Comparison
Loading charts...
Volatility by Period
| URE | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.21% | 10.99% | +17.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.44% | 10.99% | +26.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.64% | 10.99% | +29.65% |
URE vs. XLRI - Expense Ratio Comparison
URE has a 0.95% expense ratio, which is higher than XLRI's 0.35% expense ratio.
Dividends
URE vs. XLRI - Dividend Comparison
URE's dividend yield for the trailing twelve months is around 1.93%, less than XLRI's 12.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URE ProShares Ultra Real Estate | 1.93% | 2.42% | 2.09% | 1.32% | 1.26% | 0.58% | 0.94% | 1.10% | 1.53% | 0.93% | 0.96% | 0.81% |
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
With a correlation of 0.96, URE and XLRI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.95% for URE.
XLRI has the higher dividend yield at 12.24%, compared with 1.93% for URE.
URE is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: ProShares and State Street. Their fees differ too: 0.95% for URE and 0.35% for XLRI.
Find the right allocation for URE and XLRI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer