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USRT vs XLRE

iShares Core U.S. REIT ETF

USRTANYSE Arca

State Street Real Estate Select Sector SPDR ETF

XLREANYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

USRT0.08%XLRE0.08%

Avg volume · 30D

XLRE 7.6×the volume

USRT787KXLRE5.99M

10Y return · a year

XLRE +0.5pt

USRT+6.5%XLRE+7.0%

USRT vs XLRE Performance

Oct 29, 2021 – Oct 30, 2026

+17.7%USRT+6.9%XLRE

Oct 29, 2021 to Oct 30, 2026. USRT +17.7%. XLRE +6.9%. Use the arrow keys to read each point.−20%−10%0%30%Oct 2021Apr 2024Oct 2026
Expense ratio
USRT 0.08%
XLRE 0.08%
Fund size
USRT $4.29B
XLRE $8.13B
1Y total return
USRT +13.9%, better
XLRE +9.2%
Yield (12M)
USRT 2.75%
XLRE 3.34%, better
Holdings
USRT 126
XLRE 33
Avg volume (30D)
USRT 787K sh
XLRE 5.99M sh, better
NAV per share
USRT $63.78
XLRE $43.05
52W range

ETF.net Grade

USRT: Cost 93, Risk 61, Mission 100, Tradability 81, Holdings 53, Durability 78. XLRE: Cost 93, Risk 54, Mission not scored, Tradability 94, Holdings 45, Durability 83.
Pillar letters and Scores for USRT, XLRE, with each pillar’s weight
PillarUSRTXLRE
Cost30% weightA93A93
Mission25% weightA100Not scored
Risk15% weightB61HigherC54
Tradability15% weightA81A94Higher
Holdings10% weightC53HigherC45
Durability5% weightA78A83Higher

Rank among US Real Estate funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. USRT and XLRE are both graded against the same 21 US Real Estate funds, so their Grades compare head to head.

US Real Estate⁠

Category · 21 funds
See all 21 ›

USRT ranks 1st and XLRE 4th of 21 funds in the US Real Estate Category.

  1. Rank 1ASCHHSchwab U.S. REIT ETFScore 83
  2. Rank 1AUSRTiShares Core U.S. REIT ETFScore 83
  3. Rank 3AFRELFidelity MSCI Real Estate Index ETFScore 80
  4. Rank 4AXLREState Street Real Estate Select Sector SPDR ETFScore 78
  5. Rank 5ADFARDFA Real Estate Securities Portfolio ETF Class SharesScore 75

Our read on each fund

ETF.net Research

USRTAiShares Core U.S. REIT ETF

XLREAState Street Real Estate Select Sector SPDR ETF

In short

USRT Cheap, plain-vanilla ownership of U.S. landlords: roughly 130 equity REITs for eight basis points, running since 2007. One of the least expensive doors into the real estate aisle.

XLRE The 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

USRT The fund seeks to track an index composed of U.S. real estate equities.

XLRE 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

  • USRT 0.08% a year against a 0.37% median for U.S. real estate funds. Among the category's heavyweights, only SCHH (0.07%) is cheaper.
  • Tracks the FTSE Nareit Equity REITs 40 Act Capped Index with very little drift, one of the tightest index jobs in its peer group.ishares.com
  • Live since 2007, a multi-billion-dollar fund from iShares, holding about 130 REITs across the U.S. property market.ishares.com
  • XLRE 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

  • USRT One sector, one country. Real estate swings with rates and property cycles, so expect a bumpier ride than a broad U.S. stock fund.
  • Actively traded, but the aisle's largest funds (VNQ, SCHH) turn over more shares. Worth watching the spread on chunky orders.
  • Income arrives quarterly, not monthly.ishares.com
  • XLRE 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.

Full USRT profile⁠

Full XLRE profile⁠

USRT vs XLRE Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

USRT vs XLRE Cost

Same expense ratio

$1,689

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

  • USRT 0.08%

    $1,689

  • XLRE 0.08%

    $1,689

$10,000
30 years

Cost over time

  • USRT 0.08%
  • XLRE 0.08%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530USRT $1,689XLRE $1,689

Year by year

YearUSRTXLRE
10$147$147
20$575$575
30$1,689$1,689

Expense ratio

  • 0.08%USRT
  • 0.08%XLRE
  • Middle half of US Real Estate funds
  • Median 0.35%

USRT 2nd cheapest of 21 funds

XLRE 2nd cheapest of 21 funds

USRT vs XLRE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
USRT 2.75%
XLRE 3.34%, better
Payout (12M)
USRT $1.75
XLRE $1.44
Last payment
USRT $0.47
XLRE $0.35
Ex-dividend
USRT Sep 15, 2026
XLRE Sep 21, 2026
Paid on
USRT Sep 18, 2026
XLRE Sep 23, 2026
Frequency
USRT Quarterly
XLRE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

USRTQuarterly · 39 paymentsAll USRT payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.48; Jun 27, 2017 $0.46; Sep 26, 2017 $0.44; Dec 19, 2017 $0.32; Mar 22, 2018 $0.47; Jun 26, 2018 $0.50; Sep 26, 2018 $1.27; Dec 17, 2018 $0.30; Mar 20, 2019 $0.44; Jun 17, 2019 $0.39; Sep 24, 2019 $0.46; Dec 16, 2019 $0.54; Mar 25, 2020 $0.43; Jun 15, 2020 $0.33; Sep 23, 2020 $0.34; Dec 14, 2020 $0.40; Mar 25, 2021 $0.34; Jun 10, 2021 $0.36; Sep 24, 2021 $0.25; Dec 13, 2021 $0.59; Mar 24, 2022 $0.26; Jun 9, 2022 $0.26; Sep 26, 2022 $0.64; Dec 13, 2022 $0.56; Mar 23, 2023 $0.30; Jun 7, 2023 $0.28; Sep 26, 2023 $0.59; Dec 20, 2023 $0.56; Mar 21, 2024 $0.27; Jun 11, 2024 $0.29; Sep 25, 2024 $0.56; Dec 17, 2024 $0.51; Mar 18, 2025 $0.25; Jun 16, 2025 $0.38; Sep 16, 2025 $0.42; Dec 16, 2025 $0.70; Mar 17, 2026 $0.21; Jun 15, 2026 $0.37; Sep 15, 2026 $0.47. Use the arrow keys to read each point.$0$12017202020232026YTD
XLREQuarterly · 39 paymentsAll XLRE payments⁠
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.$0$12017202020232026YTD

USRT vs XLRE Risk

Fall from peak · 5 years

  • USRT
  • XLRE
Oct 29, 2021 to Oct 30, 2026. Worst fall: XLRE −34.1% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
USRT 16.1%, betterXLRE 16.7%
Return per unit of riskSharpe ratio, 3 years
USRT 0.70, betterXLRE 0.55
Worst fallMax drawdown, 5 years
USRT −31.0%, betterXLRE −34.1%
Market sensitivityBeta, 5 years
USRT 0.96XLRE 0.98

Popular comparisons

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    Expense ratio
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