XLRE vs. CGDV
XLRE (Real Estate Select Sector SPDR Fund) and CGDV (Capital Group Dividend Value ETF) are both exchange-traded funds - XLRE is a REIT fund tracking the Real Estate Select Sector Index, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. XLRE is passively managed, while CGDV is actively managed. Over the past 3 years, XLRE returned 10.41%/yr vs 24.15%/yr for CGDV. A 0.61 correlation means they provide meaningful diversification when combined. XLRE charges 0.13%/yr vs 0.33%/yr for CGDV.
Performance
XLRE vs. CGDV - Performance Comparison
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Returns By Period
In the year-to-date period, XLRE achieves a 13.17% return, which is significantly higher than CGDV's 11.55% return.
XLRE
- 1D
- 0.98%
- 1M
- 4.93%
- YTD
- 13.17%
- 6M
- 13.29%
- 1Y
- 12.05%
- 3Y*
- 10.41%
- 5Y*
- 3.32%
- 10Y*
- 7.15%
CGDV
- 1D
- 0.66%
- 1M
- 1.53%
- YTD
- 11.55%
- 6M
- 12.50%
- 1Y
- 28.33%
- 3Y*
- 24.15%
- 5Y*
- —
- 10Y*
- —
XLRE vs. CGDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XLRE Real Estate Select Sector SPDR Fund | 13.17% | 2.63% | 5.09% | 12.36% | -13.12% |
CGDV Capital Group Dividend Value ETF | 11.55% | 25.50% | 20.10% | 28.81% | -0.44% |
Correlation
The correlation between XLRE and CGDV is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.61 |
Over the past year, the correlation between XLRE and CGDV has dropped to 0.37 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
XLRE vs. CGDV — Risk / Return Rank
XLRE
CGDV
XLRE vs. CGDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Real Estate Select Sector SPDR Fund (XLRE) and Capital Group Dividend Value ETF (CGDV). 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.
| XLRE | CGDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.42 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 2.83 | -1.48 |
| Martin ratioReturn relative to average drawdown | 3.69 | 13.19 | -9.49 |
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Drawdowns
XLRE vs. CGDV - Drawdown Comparison
The maximum XLRE drawdown since its inception was -38.83%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for XLRE and CGDV.
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Drawdown Indicators
| XLRE | CGDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.83% | -21.82% | -17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -9.75% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -16.74% | -14.28% | -2.46% |
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 | 0.00% | -0.98% | +0.98% |
Average DrawdownAverage peak-to-trough decline | -9.58% | -3.60% | -5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 2.09% | +0.94% |
Volatility
XLRE vs. CGDV - Volatility Comparison
Real Estate Select Sector SPDR Fund (XLRE) has a higher volatility of 4.81% compared to Capital Group Dividend Value ETF (CGDV) at 4.52%. This indicates that XLRE's price experiences larger fluctuations and is considered to be riskier than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XLRE | CGDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 4.52% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 10.20% | 9.80% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.83% | 12.13% | +1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.10% | 15.57% | +3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.42% | 15.57% | +4.85% |
XLRE vs. CGDV - Expense Ratio Comparison
XLRE has a 0.13% expense ratio, which is lower than CGDV's 0.33% expense ratio.
Dividends
XLRE vs. CGDV - Dividend Comparison
XLRE's dividend yield for the trailing twelve months is around 3.08%, more than CGDV's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.17% | 1.29% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLRE Real Estate Select Sector SPDR Fund | 3.08% | 3.45% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% |
Frequently Asked Questions
XLRE and CGDV have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLRE has higher volatility (4.81%) compared to CGDV (4.52%). In terms of maximum drawdown, XLRE dropped -38.83% vs CGDV's -21.82%.
On 3-year performance, CGDV leads with 24.15% vs 10.41% for XLRE. On fees, XLRE is cheaper at 0.13% per year. On volatility, CGDV has been the lower-risk option at 4.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CGDV has performed better with a 24.15% return vs 10.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XLRE is cheaper with a 0.13% expense ratio, compared with 0.33% for CGDV.
XLRE has the higher dividend yield at 3.08%, compared with 1.17% for CGDV.
XLRE is categorized as REIT, while CGDV is Large Cap Value Equities. They also come from different issuers: State Street and Capital Group. Their fees differ too: 0.13% for XLRE and 0.33% for CGDV.
CGDV currently has the higher Sharpe Ratio (2.27 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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