Data as of Oct 28, 2026.

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REET vs XLRE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, REET returned +5.0% to XLRE's +4.3%; 55% of their weight is in the same names.

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Net assets: $4.7bn on Oct 28, 2026 for iShares Global REIT ETF, and $8.0bn on Oct 27, 2026 for State Street Real Estate Select Sector SPDR ETF.

At a glance
+5.0%
REET total return, 1 year
+4.3%
XLRE total return, 1 year
0.14%
REET expense ratio
0.08%
XLRE expense ratio

Pair scorecard

XLRE costs 0.06 points a year less; their one-year returns differ by 0.7 points; XLRE is 1.7 times larger.

REET vs XLRE: Differences, Returns & Fees
MeasureREETXLRE
Return
Total return, 1 year+5.0%+4.3%
Drawdown
Below its high9.4%, high on Jul 24, 20267.7%, high on Jul 28, 2026
Benchmark
What it tracksFTSE EPRA Nareit Global REITs IndexReal Estate Select Sector Index
Cost and size
Expense ratio0.14%0.08%
Net assets, as of Oct 26, 2026$4.8bn$8.0bn
Holdings
Holdings in common55%
Top ten holdings, share of the fund42.9%58.9%

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

Risk and return

Oct 16, 2015 to Oct 23, 2026 · 575 weekly returns
REET XLRE
Return
Total return edge XLRE +56.7% +102.9%
Annualized edge XLRE +4.1% +6.6%
Price return edge XLRE +2.5% +38.9%
Risk
Volatility edge Tie 20.7% 20.8%
Max drawdown edge XLRE −43.2% −35.2%
Risk-adjusted
Sharpe edge XLRE 0.19 0.30
Sortino edge XLRE 0.27 0.44
Calmar edge XLRE 0.10 0.19
Reading

XLRE returned more: +102.9% to +56.7%. REET and XLRE swung about the same: 20.7% and 20.8%. XLRE fell less at its worst: −35.2% to −43.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: REET vs XLRE: Differences, Returns & Fees
MeasureREETXLREEdgeHow it is measured
Return
Total return+56.7%+102.9%XLREPrice change plus distributions, reinvested.
Annualized+4.1%+6.6%XLRETotal return as a yearly rate.
Price return+2.5%+38.9%XLREPrice change alone, distributions left out.
Risk
Volatility20.7%20.8%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.8%14.3%XLRE (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−43.2%−35.2%XLREDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.190.30XLREReturn above Treasury bills per unit of volatility.
Sortino0.270.44XLREReturn above Treasury bills per unit of downside deviation.
Calmar0.100.19XLREAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 575 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

55%

By the books each fund has filed, REET and XLRE hold 55% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

55% in common

Positions both hold · largest shared weight first REET XLRE
WELLTOWER 9.38% 11.14%
PROLOGIS REIT 6.86% 8.19%
EQUINIX REIT 5.64% 6.72%
SIMON PROPERTY GROUP REIT INC 3.89% 4.76%
DIGITAL REALTY TRUST REIT 3.80% 4.34%
REALTY INCOME REIT 3.04% 4.34%
PUBLIC STORAGE REIT 3.01% 4.87%
VIVMARK RESIDENTIAL 2.73% 4.42%
VENTAS REIT 2.44% 4.28%
IRON MOUNTAIN INC 1.95% 3.91%
EXTRA SPACE STORAGE REIT 1.74% 3.48%
VICI PPTYS INC 1.47% 2.97%
Only in one fund ↓
Only in REET
GOODMAN GROUP UNITS 2.15%
SEGRO REIT PLC 0.94%
W. P. CAREY REIT 0.82%
OMEGA HEALTHCARE INVESTORS REIT 0.80%
SUN COMMUNITIES REIT INC 0.79%
LINK REAL ESTATE INVESTMENT TRUST 0.74%
SCENTRE GROUP 0.74%
UNIBAIL RODAMCO WE STAPLED UNITS 0.69%
Only in XLRE
AMERICAN TOWER CORP 5.84%
CROWN CASTLE INC 4.26%
CBRE GROUP INC A 3.95%
SBA COMMUNICATIONS CORP 2.23%
WEYERHAEUSER CO 1.59%
COSTAR GROUP INC 1.48%
EMINI S+P REESTATEDEC26 -0.00%
Check overlap with more funds →

Side by side

REET iShares Global REIT ETF XLRE State Street Real Estate Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Real estate
Total return, 1 year +5.0% +4.3%
Expense ratio 0.14% 0.08%
Already in the S&P 500 54.3% 99.5%
Holdings 328 31
Net assets, REET as of Oct 28, 2026 and XLRE as of Oct 27, 2026 $4.7bn $8.0bn

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

Client brief · page 1 of 2 Report BR-8B6E2A6A6E

REET and XLRE are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. REET follows FTSE EPRA Nareit Global REITs Index and XLRE follows Real Estate Select Sector Index.
  2. Number of holdings. REET holds 328 positions and XLRE holds 31.
  3. Holdings in common (similar). 55% of the weight is in the same securities (holdings dated Oct 27, 2026).

Data as of Oct 28, 2026.

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About each fund
REET

REET tracks an index. Over the year to Oct 28, 2026 it returned +5.0% with distributions reinvested. The prospectus expense ratio is 0.14% a year. By its holdings published by its issuer for Oct 27, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 328 positions, with the top ten at 42.9%. It sat 9.4% below its high of Jul 24, 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, REET or XLRE?
In the year to Oct 28, 2026, with distributions reinvested, REET returned +5.0% and XLRE +4.3%.
Which is cheaper, REET or XLRE?
XLRE is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do REET and XLRE overlap with the S&P 500?
By their latest filed holdings, 54% of REET and 100% of XLRE by weight is stocks the S&P 500 already holds.
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ETFIQ, REET against XLRE, data as of Oct 28, 2026. https://etfiq.com/compare/any/reet-vs-xlre

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