XLUI vs. IYRI

Last updated Jun 4, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and IYRI (NEOS Real Estate High Income ETF) are both exchange-traded funds - XLUI is a Utilities Equities fund actively managed by State Street, while IYRI is a Derivative Income fund tracking the Dow Jones U.S. Real Estate Capped Index. XLUI is actively managed, while IYRI is passively managed. At a 0.43 correlation, their price movements are largely independent. XLUI charges 0.35%/yr vs 0.68%/yr for IYRI.

Performance

XLUI vs. IYRI - Performance Comparison

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

Returns By Period

In the year-to-date period, XLUI achieves a 4.99% return, which is significantly higher than IYRI's 4.08% return.

XLUI

• 1D: -0.18%
• 1M: -4.28%
• YTD: 4.99%
• 6M: 3.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IYRI

• 1D: 0.17%
• 1M: -1.04%
• YTD: 4.08%
• 6M: 3.47%
• 1Y: 8.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLUI vs. IYRI - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	4.99%	0.51%
IYRI NEOS Real Estate High Income ETF	4.08%	0.83%

Correlation

The correlation between XLUI and IYRI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.43

XLUI vs. IYRI - Sectors Allocation Comparison

Sectors	XLUI	IYRI
Financial Services	100.0%	-
Basic Materials	-	1.3%
Communication Services	-	0.6%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	98.0%
Technology	-	-
Utilities	-	-

Return for Risk

XLUI vs. IYRI — Risk / Return Rank

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

IYRI

IYRI Risk / Return Rank: 23
IYRI Sharpe Ratio Rank: 23
IYRI Sortino Ratio Rank: 21
IYRI Omega Ratio Rank: 22
IYRI Calmar Ratio Rank: 24
IYRI Martin Ratio Rank: 28

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.

XLUI vs. IYRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and NEOS Real Estate High Income ETF (IYRI). 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.

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

Sharpe Ratios by Period

	XLUI	IYRI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.68	-0.08

Drawdowns

XLUI vs. IYRI - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum IYRI drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for XLUI and IYRI.

Drawdown Indicators

	XLUI	IYRI	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-12.12%	+6.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.53%	—
Current Drawdown Current decline from peak	-4.60%	-2.17%	-2.43%
Average Drawdown Average peak-to-trough decline	-1.92%	-1.72%	-0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.09%	—

Volatility

Volatility by Period

	XLUI	IYRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.12%	10.31%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	13.07%	-1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.12%	13.07%	-1.95%

XLUI vs. IYRI - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is lower than IYRI's 0.68% expense ratio.

Dividends

XLUI vs. IYRI - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.81%, more than IYRI's 11.27% yield.

Position	TTM	2025
IYRI NEOS Real Estate High Income ETF	11.27%	11.72%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.81%	7.12%

Frequently Asked Questions

Can I hold both XLUI and IYRI in my portfolio?

XLUI and IYRI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLUI or IYRI?

On fees, XLUI 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, XLUI or IYRI?

XLUI is cheaper with a 0.35% expense ratio, compared with 0.68% for IYRI.

Which ETF pays a higher dividend yield, XLUI or IYRI?

XLUI has the higher dividend yield at 12.81%, compared with 11.27% for IYRI.

What is the main difference between XLUI and IYRI?

XLUI is categorized as Utilities Equities, while IYRI is Derivative Income. They also come from different issuers: State Street and Neos. Their fees differ too: 0.35% for XLUI and 0.68% for IYRI.