Data as of Oct 28, 2026.

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GARP vs XLRE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to XLRE's +4.3%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $8.0bn for State Street Real Estate Select Sector SPDR ETF.

At a glance
+18.0%
GARP total return, 1 year
+4.3%
XLRE total return, 1 year
0.15%
GARP expense ratio
0.08%
XLRE expense ratio

Pair scorecard

XLRE costs 0.07 points a year less; their one-year returns differ by 13.7 points; XLRE is 2.2 times larger.

GARP vs XLRE: Differences, Returns & Fees
MeasureGARPXLRE
Return
Total return, 1 year+18.0%+4.3%
Drawdown
Below its high7.0%, high on Oct 6, 20267.7%, high on Jul 28, 2026
Benchmark
What it tracksMSCI USA Quality GARP Select IndexReal Estate Select Sector Index
Cost and size
Expense ratio0.15%0.08%
Net assets, as of Oct 27, 2026$3.6bn$8.0bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund43.5%58.9%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, GARP and XLRE hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GARP XLRE
WELLTOWER 0.28% 11.14%
Only in one fund ↓
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
Only in XLRE
PROLOGIS INC 8.19%
EQUINIX INC 6.72%
AMERICAN TOWER CORP 5.84%
PUBLIC STORAGE 4.87%
SIMON PROPERTY GROUP INC 4.76%
VIVMARK RESIDENTIAL 4.42%
DIGITAL REALTY TRUST INC 4.34%
REALTY INCOME CORP 4.34%
Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF XLRE State Street Real Estate Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality GARP Tracks an index of Real estate
Total return, 1 year +18.0% +4.3%
Its benchmark over the same days +13.3% (PBUS) not measured
Gap to its benchmark +4.7 pts vs PBUS not measured
Expense ratio 0.15% 0.08%
Already in the S&P 500 94.4% 99.5%
Holdings 131 31
Net assets, as of Oct 27, 2026 $3.6bn $8.0bn

GARP and XLRE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

XLRE

XLRE tracks an index of Real estate. Over the year to Oct 28, 2026 it returned +4.3% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 31 positions, with the top ten at 58.9%. It sat 7.7% below its high of Jul 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GARP or XLRE?
In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and XLRE +4.3%.
Which is cheaper, GARP or XLRE?
XLRE is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and XLRE overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 100% of XLRE by weight is stocks the S&P 500 already holds.
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ETFIQ, GARP against XLRE, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-xlre

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