VNQI vs. XLRI
VNQI (Vanguard Global ex-U.S. Real Estate ETF) and XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) are both exchange-traded funds - VNQI is a REIT fund tracking the S&P Global ex-U.S. Property Index, while XLRI is a Derivative Income fund actively managed by State Street. VNQI is passively managed, while XLRI is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. VNQI charges 0.12%/yr vs 0.35%/yr for XLRI.
Performance
VNQI vs. XLRI - Performance Comparison
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Returns By Period
In the year-to-date period, VNQI achieves a -2.64% return, which is significantly lower than XLRI's 6.39% return.
VNQI
- 1D
- 0.84%
- 1M
- -2.15%
- YTD
- -2.64%
- 6M
- -3.08%
- 1Y
- 2.39%
- 3Y*
- 8.99%
- 5Y*
- -1.53%
- 10Y*
- 2.68%
XLRI
- 1D
- -0.30%
- 1M
- 0.93%
- YTD
- 6.39%
- 6M
- 6.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VNQI vs. XLRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VNQI Vanguard Global ex-U.S. Real Estate ETF | -2.64% | 4.50% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 6.39% | -0.57% |
Correlation
The correlation between VNQI and XLRI is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.50 |
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Return for Risk
VNQI vs. XLRI — Risk / Return Rank
VNQI
XLRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VNQI vs. XLRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate ETF (VNQI) 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.
| VNQI | XLRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.04 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | — | — |
| Martin ratioReturn relative to average drawdown | 0.43 | — | — |
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Drawdowns
VNQI vs. XLRI - Drawdown Comparison
The maximum VNQI drawdown since its inception was -38.35%, which is greater than XLRI's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for VNQI and XLRI.
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Drawdown Indicators
| VNQI | XLRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.35% | -7.12% | -31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.35% | — | — |
Current DrawdownCurrent decline from peak | -12.08% | -0.84% | -11.24% |
Average DrawdownAverage peak-to-trough decline | -10.89% | -1.64% | -9.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | — | — |
Volatility
VNQI vs. XLRI - Volatility Comparison
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Volatility by Period
| VNQI | XLRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.78% | 10.97% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 10.97% | +4.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.95% | 10.97% | +4.98% |
VNQI vs. XLRI - Expense Ratio Comparison
VNQI has a 0.12% expense ratio, which is lower than XLRI's 0.35% expense ratio.
Dividends
VNQI vs. XLRI - Dividend Comparison
VNQI's dividend yield for the trailing twelve months is around 4.83%, less than XLRI's 12.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNQI Vanguard Global ex-U.S. Real Estate ETF | 4.83% | 4.70% | 5.16% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% |
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF | 12.27% | 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
VNQI and XLRI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VNQI is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VNQI is cheaper with a 0.12% expense ratio, compared with 0.35% for XLRI.
XLRI has the higher dividend yield at 12.27%, compared with 4.83% for VNQI.
VNQI is categorized as REIT, while XLRI is Derivative Income. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.12% for VNQI and 0.35% for XLRI.
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