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Launched · SEC filings

State Street Real Estate Select Sector SPDR ETF

XLRENYSE ArcaSPDRA

$43.65+0.48 (+1.11%)

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

A78/ 100

Rank 4 of 22 in US Real Estate

A78/100Rank 4 of 22inUS Real Estate
Intraday session: up, 79 prints from 43.17 to 43.65. Range 43.11 to 43.69. Use the arrow keys to read each point.43.1043.3043.4043.5010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size
$8.13B
1Y total return
+9.2%
Yield · Last 12 months
3.34%
Holdings
33
Avg volume · 30D
5.99M sh
52W range
low $39.73high $46.46
Launched
Filings
SEC EDGAR

The ETF.net XLRE Grade

Based on 5 of 6 pillars

A

Score 78 out of 100

Category
US Real Estate⁠
Rank
4 of 22
Six-pillar profile for XLRE. Scores out of 100: Cost 93, Risk 54, Mission not scored, Tradability 94, Holdings 45, Durability 83. Strongest: Tradability (94). Weakest: Holdings (45). Based on 5 of 6 pillars.

Score 78 of 100 falls in the A 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.
    A93 out of 100
    Rank 1 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 9 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A94 out of 100
    Rank 2 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C45 out of 100
    Rank 16 of 22

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A83 out of 100
    Rank 2 of 22

Our read on XLRE

ETF.net Research

In short

AThe S&P 500's landlords in one ticker: about 30 large-cap real estate companies, mortgage REITs excluded, for 0.08% a year. It launched in 2015, before real estate was even its own market sector.

Stated mandate

The fund seeks to provide investment results that generally correspond to the price and yield performance of the Real Estate Select Sector Index, representing the real estate sector of the S&P 500 Index.

Why people hold it

  • 0.08% a year sits at the floor of the real estate peer group, where the median fund charges several times more.
  • Clean mandate: S&P 500 real estate management, development and equity REITs, with mortgage REITs left out, so no mortgage paper rides along in a property fund.ssga.com
  • A multi-billion-dollar fund and one of the most actively traded names in its category, which usually shows up as tight spreads when you click buy.
  • Running since 2015, arriving before S&P and MSCI split real estate out as its own sector in 2016. Pays quarterly, and ranks among the stronger builds in a crowded lineup.reit.com

Worth knowing

  • About 30 holdings, so the largest positions carry real weight and one company's stumble is felt across the fund.
  • The S&P 500 sets the universe, so REITs that never reach large-cap index status stay outside the portfolio.ssga.comsec.gov
  • This is one slice of the market, moving with the property cycle rather than blending into a broad index.

XLRE Holdings

Holdings pillarC45 out of 100Rank 16 of 22 in US Real Estate
Asset class
Stocks
Holdings
33
Top-10 weight
59%
Largest holding
WELL11.3%

Sectors

  • Real Estate100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1WELLWelltower Inc11.29%3,965,444$918M344
2PLDPrologis Inc8.18%5,228,688$664M345
3EQIXEquinix Inc6.87%542,894$559M364
4AMTAmerican Tower Corp5.82%2,563,707$473M352
5PSAPublic Storage4.87%1,257,144$396M301
6SPGSimon Property Group Inc4.77%1,810,691$388M323
7DLRDigital Realty Trust Inc4.38%1,958,718$356M324
8VMRKVivmark Residential4.30%5,699,477$349M185
9ORealty Income Corp4.28%6,161,204$348M284
10CCICrown Castle Inc4.25%3,913,787$345M253
11VTRVentas Inc4.24%4,143,558$344M303
12CBRECbre Group Inc A4.12%2,621,495$335M295
13IRMIron Mountain Inc3.96%2,738,631$322M272
14EXRExtra Space Storage Inc3.56%1,943,445$289M256
15VICIVici Properties Inc3.03%10,128,760$247M278

Showing 1–15 of 33 holdings

XLRE Performance

Launched Oct 7, 2015

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

XLRE$10,924
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. XLRE $10,924. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 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 XLRE. Periods over one year show the average yearly return.
PeriodXLRE
Year to date+9.5%
1 month+5.5%
3 months−3.4%
1 year+9.2%
3 yearsper year+13.0%
5 yearsper year+1.4%
10 yearsper year+7.0%

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 XLRE
YearReturn barXLRE
2026 YTD+9.5%
2025+2.6%
2024+5.1%
2023+12.4%
2022−26.2%
2021+46.1%
2020−2.1%

XLRE in the news

XLRE 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.
3.34%Last 12 months
Payout per share
$1.44Last 12 months
Last payment
$0.35 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. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.20; Jun 16, 2017 $0.27; Sep 15, 2017 $0.24; Dec 15, 2017 $0.37; Mar 16, 2018 $0.18; Jun 15, 2018 $0.27; Sep 21, 2018 $0.35; Dec 21, 2018 $0.37; Mar 15, 2019 $0.20; Jun 21, 2019 $0.30; Sep 20, 2019 $0.26; Dec 20, 2019 $0.41; Mar 23, 2020 $0.20; Jun 22, 2020 $0.27; Sep 21, 2020 $0.21; Dec 21, 2020 $0.47; Mar 22, 2021 $0.38; Jun 21, 2021 $0.29; Sep 20, 2021 $0.26; Dec 20, 2021 $0.43; Mar 21, 2022 $0.27; Jun 21, 2022 $0.31; Sep 19, 2022 $0.36; Dec 19, 2022 $0.42; Mar 20, 2023 $0.26; Jun 20, 2023 $0.36; Sep 18, 2023 $0.29; Dec 18, 2023 $0.42; Mar 18, 2024 $0.26; Jun 24, 2024 $0.39; Sep 23, 2024 $0.31; Dec 23, 2024 $0.43; Mar 24, 2025 $0.26; Jun 23, 2025 $0.38; Sep 22, 2025 $0.32; Dec 22, 2025 $0.44; Mar 23, 2026 $0.27; Jun 22, 2026 $0.38; Sep 21, 2026 $0.35. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 23, 2026$0.35
Jun 22, 2026Jun 24, 2026$0.38
Mar 23, 2026Mar 25, 2026$0.27
Dec 22, 2025Dec 24, 2025$0.44
Sep 22, 2025Sep 24, 2025$0.32
Jun 23, 2025Jun 25, 2025$0.38
Mar 24, 2025Mar 26, 2025$0.26
Dec 23, 2024Dec 26, 2024$0.43
Sep 23, 2024Sep 25, 2024$0.31
Jun 24, 2024Jun 26, 2024$0.39
Mar 18, 2024Mar 21, 2024$0.26
Dec 18, 2023Dec 21, 2023$0.42

See all 44 payments⁠

$10,000 in XLRE 10 years ago paid $4,331 in dividends.⁠

XLRE Risk

Risk pillarC54 out of 100Rank 9 of 22 in US Real Estate
How much the fund’s monthly returns vary, scaled to a year.
16.7%
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.
0.55
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.
−34.1%
Trough Oct 2023
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.
0.98
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.

XLRE Cost

Compare XLRE and SCHH

Overpaying vs SCHH, cheapest in US Real Estate

$209

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

  • XLRE 0.08%

    $1,689

  • SCHH 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • XLRE 0.08%
  • SCHH 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530XLRE $1,689SCHH $1,480

Year by year

YearXLRESCHHOverpaying
10$147$128$19
20$575$503$72
30$1,689$1,480$209

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