XLRE vs. BYRE
Compare and contrast key facts about Real Estate Select Sector SPDR Fund (XLRE) and Principal Real Estate Active Opportunities ETF (BYRE).
XLRE and BYRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015. BYRE is an actively managed fund by Principal. It was launched on May 18, 2022.
Performance
XLRE vs. BYRE - Performance Comparison
Loading graphics...
XLRE vs. BYRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XLRE Real Estate Select Sector SPDR Fund | 2.17% | 2.63% | 5.09% | 12.36% | -9.24% |
BYRE Principal Real Estate Active Opportunities ETF | 3.28% | 2.35% | 4.18% | 10.82% | -9.01% |
Returns By Period
In the year-to-date period, XLRE achieves a 2.17% return, which is significantly lower than BYRE's 3.28% return.
XLRE
- 1D
- 0.29%
- 1M
- -6.14%
- YTD
- 2.17%
- 6M
- -1.08%
- 1Y
- 1.18%
- 3Y*
- 6.70%
- 5Y*
- 3.78%
- 10Y*
- 5.98%
BYRE
- 1D
- 0.67%
- 1M
- -5.81%
- YTD
- 3.28%
- 6M
- 1.18%
- 1Y
- 1.38%
- 3Y*
- 5.85%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XLRE vs. BYRE - Expense Ratio Comparison
XLRE has a 0.13% expense ratio, which is lower than BYRE's 0.65% expense ratio.
Return for Risk
XLRE vs. BYRE — Risk / Return Rank
XLRE
BYRE
XLRE vs. BYRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Real Estate Select Sector SPDR Fund (XLRE) and Principal Real Estate Active Opportunities ETF (BYRE). 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.
| XLRE | BYRE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.07 | 0.09 | -0.02 |
Sortino ratioReturn per unit of downside risk | 0.21 | 0.23 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.03 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.11 | 0.16 | -0.05 |
Martin ratioReturn relative to average drawdown | 0.37 | 0.52 | -0.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XLRE | BYRE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.09 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.15 | +0.17 |
Correlation
The correlation between XLRE and BYRE is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
XLRE vs. BYRE - Dividend Comparison
XLRE's dividend yield for the trailing twelve months is around 3.42%, more than BYRE's 2.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLRE Real Estate Select Sector SPDR Fund | 3.42% | 3.45% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% |
BYRE Principal Real Estate Active Opportunities ETF | 2.66% | 2.71% | 2.31% | 2.63% | 1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XLRE vs. BYRE - Drawdown Comparison
The maximum XLRE drawdown since its inception was -38.83%, which is greater than BYRE's maximum drawdown of -25.70%. Use the drawdown chart below to compare losses from any high point for XLRE and BYRE.
Loading graphics...
Drawdown Indicators
| XLRE | BYRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.83% | -25.70% | -13.13% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -10.82% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -34.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.83% | — | — |
Current DrawdownCurrent decline from peak | -8.69% | -5.81% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -9.95% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.30% | +0.09% |
Volatility
XLRE vs. BYRE - Volatility Comparison
Real Estate Select Sector SPDR Fund (XLRE) and Principal Real Estate Active Opportunities ETF (BYRE) have volatilities of 4.66% and 4.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XLRE | BYRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.66% | 4.77% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.62% | 8.77% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.32% | 15.01% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 18.28% | +0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.40% | 18.28% | +2.12% |