State Street Multi-Asset Real Return ETF
$37.29+0.23 (+0.62%)
- 0.50%
- $1.4B
- +25.0%
- 2.90%
- 0.2M sh
- $36.83
- low $30.58high $38.38
The ETF.net RLY Grade
C
Score 53 out of 100
- 18 of 37
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 100Rank 16 of 37Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 24 of 29Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 16 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A75 out of 100Rank 4 of 37Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 32 of 33Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 2 of 37
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
- 12
- 100%
- GNR
Sectors
- Energy30.0%
- Materials27.8%
- Industrials14.3%
- Utilities13.3%
- Real Estate6.9%
- Consumer Staples3.7%
- Consumer Discretionary3.3%
- 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$12,499
Returns run to the Oct 12, 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 | +19.2% |
| 1 month | −1.7% |
| 3 months | +6.1% |
| 1 year | +25.0% |
| 3 years | +15.6% |
| 5 years | +10.5% |
| 10 years | +8.6% |
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 | +19.2% | |
| 2025 | +20.3% | |
| 2024 | +2.5% | |
| 2023 | +2.6% | |
| 2022 | +7.8% | |
| 2021 | +22.9% | |
| 2020 | −0.6% |
RLY in the news
RLY Dividends
- 2.90%
- $1.08
- $0.07 per share
- Quarterly
Distribution history
RLY Risk
- 10.3%
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.
- 0.89
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.
Other funds in Multi-Asset Allocation
- CNDAANed Davis Research 360 Dynamic Allocation ETFExpense ratio 0.80%1 year return +16.2%
- CRAASMI 3Fourteen REAL Asset Allocation ETFExpense ratio 0.85%1 year return +15.1%
- CLCRLeuthold Core Exchange Traded FundExpense ratio 0.83%1 year return +9.3%
- CGDMAGadsden Dynamic Multi-Asset ETFExpense ratio 0.75%1 year return +10.7%
- CCSRACohen & Steers Real Assets Active ETFExpense ratio 0.80%1 year return —