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Launched · SEC filings

State Street Multi-Asset Real Return ETF

RLYNYSE ArcaSPDRC

$36.94−0.44 (−1.18%)

At close: Nov 2, 2026, 4:00 PM ET

C53/ 100

Rank 19 of 37 in Multi-Asset Allocation

C53/100Rank 19 of 37inMulti-Asset Allocation
Intraday session: down, 79 prints from 37.38 to 36.94. Range 36.94 to 37.32. Use the arrow keys to read each point.37.0037.1037.2037.3010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$1.42B
1Y total return
+24.6%
Yield · Last 12 months
2.88%
Holdings
12
Avg volume · 30D
231K sh
52W range
low $30.58high $38.38
Launched
Filings
SEC EDGAR

The ETF.net RLY Grade

C

Score 53 out of 100

Category
Multi-Asset Allocation⁠
Rank
19 of 37
Six-pillar profile for RLY. Scores out of 100: Cost 58, Risk 58, Mission 40, Tradability 72, Holdings 23, Durability 92. Strongest: Durability (92). Weakest: Holdings (23). Leans toward Durability.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B58 out of 100
    Rank 16 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C40 out of 100
    Rank 23 of 29

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 13 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A72 out of 100
    Rank 4 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F23 out of 100
    Rank 32 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A92 out of 100
    Rank 2 of 37

Our read on RLY

ETF.net Research

In short

COne ticker built around inflation: TIPS, commodities, real estate, infrastructure and natural-resource businesses in a single actively blended mix, running since 2012, and priced below the typical allocation fund.

Stated mandate

The fund seeks real return through capital appreciation and current income. It invests across domestic and international inflation-protected securities, real estate, commodities, infrastructure, and natural-resource or commodity businesses, using quantitative analysis supplemented by fundamental views.

Why people hold it

  • Real assets in one wrapper: domestic and international inflation-linked bonds, commodities, real estate, infrastructure and resource businesses, mixed by quantitative models with fundamental views layered on.
  • 0.50% expense ratio, against a 0.78% median for the allocation funds it competes with.
  • Launched in 2012, so it has traded through inflation scares and commodity slumps rather than being built to fight the last one. Now a multi-billion-dollar fund.
  • Pays income quarterly, and changes hands often enough that retail-sized orders are rarely the problem.

Worth knowing

  • The stated yardstick is a US government inflation-linked bond index, but the portfolio holds commodities, property and resource equities. Expect results that diverge from that benchmark.
  • Commodities and natural-resource stocks move harder than plain inflation-protected bonds. Real-asset exposure comes with real-asset swings.
  • Cheaper than its cohort median, but plain-vanilla stock/bond allocation funds cost a fraction: AOA runs 0.19%, IRTR 0.08%.

RLY Performance

Launched Apr 25, 2012

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RLY$12,457
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. RLY $12,457. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RLY. Periods over one year show the average yearly return.
PeriodRLY
Year to date+20.2%
1 month+3.3%
3 months+3.9%
1 year+24.6%
3 yearsper year+16.2%
5 yearsper year+10.4%
10 yearsper year+8.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RLY
YearReturn barRLY
2026 YTD+20.2%
2025+20.3%
2024+2.5%
2023+2.6%
2022+7.8%
2021+22.9%
2020−0.6%

RLY in the news

RLY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.88%Last 12 months
Payout per share
$1.08Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 31, 2017 $0.02; Jun 30, 2017 $0.19; Sep 29, 2017 $0.05; Dec 27, 2017 $0.23; Mar 23, 2018 $0.03; Jun 25, 2018 $0.21; Sep 24, 2018 $0.10; Dec 27, 2018 $0.29; Mar 19, 2019 $0.04; Jun 25, 2019 $0.27; Sep 24, 2019 $0.10; Dec 24, 2019 $0.47; Mar 24, 2020 $0.07; Jun 23, 2020 $0.17; Sep 22, 2020 $0.03; Dec 29, 2020 $0.26; Mar 23, 2021 $0.04; Jun 22, 2021 $0.22; Sep 21, 2021 $0.10; Dec 28, 2021 $2.93; Mar 22, 2022 $0.09; Jun 21, 2022 $0.36; Sep 20, 2022 $0.10; Dec 20, 2022 $1.01; Mar 21, 2023 $0.10; Jun 20, 2023 $0.30; Sep 19, 2023 $0.06; Dec 19, 2023 $0.55; Mar 19, 2024 $0.03; Jun 25, 2024 $0.35; Sep 24, 2024 $0.08; Dec 26, 2024 $0.44; Jun 25, 2025 $0.25; Sep 24, 2025 $0.10; Dec 29, 2025 $0.67; Mar 26, 2026 $0.04; Jun 25, 2026 $0.30; Sep 25, 2026 $0.07. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 25, 2026Sep 29, 2026$0.07
Jun 25, 2026Jun 29, 2026$0.30
Mar 26, 2026Mar 30, 2026$0.04
Dec 29, 2025Dec 31, 2025$0.67
Sep 24, 2025Sep 29, 2025$0.10
Jun 25, 2025Jun 30, 2025$0.25
Dec 26, 2024Dec 30, 2024$0.44
Sep 24, 2024Sep 26, 2024$0.08
Jun 25, 2024Jun 27, 2024$0.35
Mar 19, 2024Mar 22, 2024$0.03
Dec 19, 2023Dec 22, 2023$0.55
Sep 19, 2023Sep 22, 2023$0.06

See all 57 payments⁠

$10,000 in RLY 10 years ago paid $4,591 in dividends.⁠

RLY Risk

Risk pillarB58 out of 100Rank 13 of 35 in Multi-Asset Allocation
How much the fund’s monthly returns vary, scaled to a year.
10.1%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.10
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.0%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

RLY Cost

Compare RLY and UCBG

Overpaying vs UCBG, cheapest in Multi-Asset Allocation

$8,709

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RLY 0.50%

    $9,979

  • UCBG 0.06% Cheapest

    $1,270

$10,000
30 years

Cost over time

  • RLY 0.50%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530RLY $9,979UCBG $1,270

Year by year

YearRLYUCBGOverpaying
10$900$110$790
20$3,460$432$3,028
30$9,979$1,270$8,709

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