Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYR vs XLRE: how they differ
IYR and XLRE hold 80% of their weight in the same names, and XLRE returned more over the year.
iShares U.S. Real Estate ETF and State Street(R) Real Estate Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, IYR and XLRE hold 80% of their money in the same securities at the same weight.
| Holding | IYR | XLRE |
|---|---|---|
| WELLTOWER INC. | 10.88% | 11.07% |
| PROLOGIS, INC. | 8.77% | 8.72% |
| SIMON PROPERTY GROUP, INC. | 4.79% | 5.01% |
| EQUINIX, INC. | 4.58% | 7.10% |
| DIGITAL REALTY TRUST, INC. | 4.41% | 4.55% |
| REALTY INCOME CORPORATION | 4.29% | 4.57% |
| AMERICAN TOWER CORPORATION | 3.88% | 5.26% |
| PUBLIC STORAGE. | 3.74% | 4.51% |
| VENTAS, INC. | 3.21% | 4.50% |
| CBRE GROUP, INC. | 2.93% | 4.11% |
| IRON MOUNTAIN INCORPORATED | 2.79% | 3.91% |
| CROWN CASTLE INC. | 2.46% | 3.44% |
| Only in IYR | Only in XLRE |
|---|---|
| ANNALY CAPITAL MANAGEMENT, INC. 1.22% | |
| W.P. CAREY INC. 1.18% | |
| JONES LANG LASALLE INCORPORATED 1.07% | |
| OMEGA HEALTHCARE INVESTORS, INC. 1.05% | |
| SUN COMMUNITIES, INC. 1.03% | |
| LAMAR ADVERTISING COMPANY 1.01% | |
| Gaming and Leisure Properties, Inc. 0.94% | |
| AGNC INVESTMENT CORP. 0.93% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| IYR iShares U.S. Real Estate ETF | XLRE State Street(R) Real Estate Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | U.S. Real Estate | Real estate |
| Total return, 1 year | +4.7% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.8 pts | −11.9 pts |
| Expense ratio | 0.37% | 0.08% |
| Already in the S&P 500 | 80.4% | 100.0% |
| Holdings | 61 | 31 |
IYR in plain words
IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
XLRE in plain words
XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 31 positions, with the top ten at 59.4%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IYR or XLRE?
- In the year to Sep 12, 2026, with distributions reinvested, IYR returned +4.7% and XLRE returned +5.6%, so XLRE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYR or XLRE?
- IYR charges 0.37% a year and XLRE charges 0.08%, so XLRE is cheaper. Fees come from each fund's prospectus.
- How much do IYR and XLRE overlap with the S&P 500?
- By their latest filed holdings, 80% of IYR and 100% of XLRE by weight is stocks the S&P 500 already holds. Between the two funds, 80% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IYR against XLRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYR-XLRE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources