XLRE
State Street Real Estate Select Sector SPDR ETF
#7 of 11 in US Sectors by own-history percentile (high → low)
Relative to SPY
Relative price history
XLRE ÷ SPY, 10-year range, as of Jul 17, 2026
How the reading moved
These changes re-score an older XLRE÷SPY ratio against today's 10-year window, so they show whether the relative price has drifted toward the highs or lows of its own history — not a peer ranking and not a return forecast.
- About one week: +2.1 pts (from 3.1% on Jun 30, 2026 to 5.2% now)
- About one month: +4.4 pts (from 0.8% on May 29, 2026 to 5.2% now)
US Sectors
Where this sits among peers
US Sectors · XLRE highlighted · same axes as the category chart on the home page
Top holdings
Holdings snapshot as of Jul 17, 2026.
What moves this
XLRE was carved out of the financials sector in 2016, giving it the shortest standalone history among the eleven GICS sectors, and — like utilities — REIT valuations are unusually sensitive to interest rates because dividend yields compete directly with bond yields for income-focused capital.
FAQ
Why does real estate have less history than other sectors?
GICS split real estate out of the financials sector into its own category in 2016, so this sector's own-history percentile is measured over a shorter window than most other sectors.
Why do REITs react so strongly to rate changes?
REITs are required to distribute most of their income as dividends, so their yields are compared directly against bond yields — when bond yields rise, REIT valuations often have to adjust to stay competitive.
Does this sector include residential and commercial property equally?
No — the index spans multiple property types (data centers, industrial, retail, residential, and more), which don't all respond to the same demand drivers.
US Sectors
Related in this category
- XLVState Street Health Care Select Sector SPDR ETFNear lows (6%)
- XLUState Street Utilities Select Sector SPDR ETFNear lows (4.3%)
- XLBState Street Materials Select Sector SPDR ETFNear lows (3.7%)
- XLPState Street Consumer Staples Select Sector SPDR ETFNear lows (3.4%)
- XLYState Street Consumer Discretionary Select Sector SPDR ETFNear lows (0.5%)
- XLFState Street Financial Select Sector SPDR ETFNear lows (11.5%)