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XLRE

GradeANew York Stock Exchange Arca

State Street Real Estate Select Sector SPDR ETF

Sectors · SPDR · Inception 2015-10-07 · SEC filings

$42.03−0.47 (−1.09%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 42.50 to 42.03. Range 42.01 to 42.41. Use the arrow keys to read each point.$42.10$42.20$42.30$42.4010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size
$7.8B
1Y return
+5.6%
Yield · Last 12 months
3.40%
Holdings
30
Volume · 30D
5.1M sh
NAV per share
$42.58
52W range
low $39.73high $46.45

The ETF.net XLRE Grade

A

78/ 100

Rank 4 of 22 in US Real Estate⁠

Confidence Medium

Six-pillar profile for XLRE. Scores out of 100: Cost 93, Risk 56, Mission not scored, Tradability 94, Holdings 46, Durability 84. Strongest: Tradability (94). Weakest: Holdings (46). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 of 100 sits in the A 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.
    AScore 93
    Category rank4/22 · top 18%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank6/21 · top 29%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 94
    Category rank1/22 · top 5%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 46
    Category rank16/22 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 84
    Category rank2/22 · top 9%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on XLRE

ETF.net Research

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

  1. 010.08% a year sits at the floor of the real estate peer group, where the median fund charges several times more.
  2. 02Clean 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
  3. 03A 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.
  4. 04Running 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

  1. 01About 30 holdings, so the largest positions carry real weight and one company's stumble is felt across the fund.
  2. 02The S&P 500 sets the universe, so REITs that never reach large-cap index status stay outside the portfolio.ssga.comsec.gov
  3. 03This is one slice of the market, moving with the property cycle rather than blending into a broad index.

XLRE Holdings

As of Sep 21, 2026, 3:47 PM
Asset class
Stocks
Holdings
30
Top-10 weight
59%
Largest holding
WELL11.2%

Sectors

  • Real Estate100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001WELLWELLTOWER INC11.19%3,786,349$920M331
002PLDPROLOGIS INC8.70%4,992,370$715M344
003EQIXEQUINIX INC6.84%518,346$562M355
004AMTAMERICAN TOWER CORP5.50%2,447,880$452M333
005PSAPUBLIC STORAGE4.59%1,200,323$378M288
006SPGSIMON PROPERTY GROUP INC4.59%1,728,946$377M312
007CBRECBRE GROUP INC A4.51%2,503,040$371M290
008VTRVENTAS INC4.43%3,956,382$364M291
009DLRDIGITAL REALTY TRUST INC4.40%1,870,162$362M309
010OREALTY INCOME CORP4.31%5,882,888$354M281
011VMRKVIVMARK RESIDENTIAL4.30%5,441,916$354M120
012IRMIRON MOUNTAIN INC3.86%2,614,850$317M259
013CCICROWN CASTLE INC3.53%3,736,951$290M248
014EXREXTRA SPACE STORAGE INC3.28%1,855,685$269M252
015VICIVICI PROPERTIES INC2.96%9,671,115$244M281

Showing 1–15 of 32 holdings

XLRE Performance

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

XLRE$10,556
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. XLRE $10,556. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for XLRE. Periods over one year show the average yearly return.
PeriodXLRE
Year to date+7.8%
1 month−4.9%
3 months−2.6%
1 year+5.6%
3 years+10.8%per year
5 years+1.5%per year
10 years+6.1%per year

As of the close, 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+7.8%
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 Sep 22, 2026.
3.40%Last 12 months
Payout per share
$1.44Last 12 months
Upcoming payment
$0.35 per share
Pays 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, 2026Pays Sep 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

XLRE Risk

How much the fund’s monthly returns vary, scaled to a year.
16.7%
Annualised · 36 months to Aug 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.
0.36
vs 3-month T-bills · to Aug 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.

XLRE Cost

Expense ratio0.08%
  • The middle half of US Real Estate funds
  • Median 0.35%

1 of the 21 US Real Estate funds charge less.

XLRE costs $8.00 a year on $10,000. The median US Real Estate fund costs $35.00.