State Street Multi-Asset Real Return ETF
$37.10−0.18 (−0.48%)
- Expense ratio
- 0.50%
- Fund size
- $1.4B
- 1Y return
- +25.6%
- Yield · Last 12 months
- 2.96%
- Holdings
- 11
- Volume · 30D
- 0.2M sh
- NAV per share
- $37.13
- 52W range
The ETF.net RLY Grade
Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 59Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 40Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 26Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 92Category rank
Our read on RLY
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.
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 Holdings
- Other
- 11
- 100%
- GNR
Sectors
- Materials29.0%
- Energy28.4%
- Industrials14.6%
- Utilities13.7%
- Real Estate6.5%
- Cons. Staples3.8%
- Consumer Discr.3.3%
- Health Care0.8%
- Financials0.0%
Geography
- United States100.00%
RLY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
RLY$12,564
Returns run to the Sep 22, 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.
| Period | RLY |
|---|---|
| Year to date | +19.7% |
| 1 month | −1.5% |
| 3 months | +6.7% |
| 1 year | +25.6% |
| 3 years | +14.6% |
| 5 years | +11.5% |
| 10 years | +8.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RLY |
|---|---|---|
| 2026 YTD | +19.7% | |
| 2025 | +20.3% | |
| 2024 | +2.5% | |
| 2023 | +2.6% | |
| 2022 | +7.8% | |
| 2021 | +22.9% | |
| 2020 | −0.6% |
RLY in the news
RLY Dividends
- 2.96%
- $1.10
- $0.30 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 29, 2026 | $0.30 |
| Mar 26, 2026 | Mar 30, 2026 | $0.04 |
| Dec 29, 2025 | Dec 31, 2025 | $0.67 |
| Sep 24, 2025 | Sep 29, 2025 | $0.10 |
| Jun 25, 2025 | Jun 30, 2025 | $0.25 |
| Dec 26, 2024 | Dec 30, 2024 | $0.44 |
| Sep 24, 2024 | Sep 26, 2024 | $0.08 |
| Jun 25, 2024 | Jun 27, 2024 | $0.35 |
| Mar 19, 2024 | Mar 22, 2024 | $0.03 |
| Dec 19, 2023 | Dec 22, 2023 | $0.55 |
| Sep 19, 2023 | Sep 22, 2023 | $0.06 |
| Jun 20, 2023 | Jun 23, 2023 | $0.30 |
RLY Risk
- 10.0%
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.
- 0.99
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.
- −19.0%
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.
- 0.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RLY Cost
0.50%
RLY0.50%
- The middle half of Multi-Asset Allocation funds
- Median 0.58%
15 of the 37 Multi-Asset Allocation funds charge less.