XLRI vs. REIT

Last updated Jul 17, 2026

XLRI (State Street Real Estate Select Sector SPDR Premium Income ETF) and REIT (ALPS Active REIT ETF) are both exchange-traded funds - XLRI is a Derivative Income fund actively managed by State Street, while REIT is a REIT fund actively managed by ALPS. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. XLRI charges 0.35%/yr vs 0.68%/yr for REIT.

Performance

XLRI vs. REIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Real Estate Select Sector SPDR Premium Income ETF (XLRI) and ALPS Active REIT ETF (REIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLRI achieves a 8.15% return, which is significantly lower than REIT's 21.18% return.

XLRI

• 1D: 1.45%
• 1M: 1.08%
• 6M: 5.94%
• YTD: 8.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

REIT

• 1D: 2.42%
• 1M: 3.83%
• 6M: 17.97%
• YTD: 21.18%
• 1Y: 22.66%
• 3Y*: 10.74%
• 5Y*: 5.07%
• 10Y*: —

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

XLRI vs. REIT - Yearly Performance Comparison

	2026 (YTD)	2025
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	8.15%	-0.57%
REIT ALPS Active REIT ETF	21.18%	-0.39%

Correlation

The correlation between XLRI and REIT is 0.91, 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	0.91

Return for Risk

XLRI vs. REIT — Risk / Return Rank

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

XLRI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

REIT

REIT Risk / Return Rank: 65
REIT Sharpe Ratio Rank: 64
REIT Sortino Ratio Rank: 60
REIT Omega Ratio Rank: 61
REIT Calmar Ratio Rank: 76
REIT Martin Ratio Rank: 65

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.

XLRI vs. REIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Real Estate Select Sector SPDR Premium Income ETF (XLRI) and ALPS Active REIT ETF (REIT). 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.

	XLRI	REIT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.28	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	3.10	—
Martin ratio: Return relative to average drawdown	—	9.14	—

Drawdowns

XLRI vs. REIT - Drawdown Comparison

The maximum XLRI drawdown since its inception was -7.12%, smaller than the maximum REIT drawdown of -29.30%. Use the drawdown chart below to compare losses from any high point for XLRI and REIT.

Drawdown Indicators

	XLRI	REIT	Difference
Max Drawdown Largest peak-to-trough decline	-7.12%	-29.30%	+22.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.30%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.60%	-10.17%	+8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.49%	—

Volatility

Volatility by Period

	XLRI	REIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.25%	13.55%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.25%	18.57%	-7.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.25%	18.36%	-7.11%

XLRI vs. REIT - Expense Ratio Comparison

XLRI has a 0.35% expense ratio, which is lower than REIT's 0.68% expense ratio.

Dividends

XLRI vs. REIT - Dividend Comparison

XLRI's dividend yield for the trailing twelve months is around 13.56%, more than REIT's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021
REIT ALPS Active REIT ETF	2.63%	3.20%	3.06%	3.13%	2.81%	4.71%
XLRI State Street Real Estate Select Sector SPDR Premium Income ETF	13.56%	6.85%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XLRI and REIT in my portfolio?

With a correlation of 0.91, XLRI and REIT 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.

Which ETF is better, XLRI or REIT?

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, XLRI or REIT?

XLRI is cheaper with a 0.35% expense ratio, compared with 0.68% for REIT.

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

XLRI has the higher dividend yield at 13.56%, compared with 2.63% for REIT.

What is the main difference between XLRI and REIT?

XLRI is categorized as Derivative Income, while REIT is REIT. They also come from different issuers: State Street and ALPS. Their fees differ too: 0.35% for XLRI and 0.68% for REIT.