ETF Copilot
Real Estate & Infra

Is XLRE a good investment?

Updated October 28, 2026

State Street Real Estate Select Sector SPDR ETF (XLRE) is a real estate and infrastructure ETF. As of October 28, 2026, ETF Copilot scores XLRE 3.2 out of 10 — highest on Value (7.8), lowest on Growth (0.4). It trades at 31.8 times earnings, against its own median of 34.8. Its ten largest holdings are 59% of the fund.

What stands out in XLRE's data

U.S. real estate sector, from REITs and developers to property services.

Trades at a richer price than the typical real estate fund — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 19.9x sits above the category median of 18.3x, though below its own five-year average of 20.8x.

A real-estate sector position that adds property income to a portfolio without an operational edge.

How is XLRE rated? ETF Copilot scores State Street Real Estate Select Sector SPDR ETF (XLRE) 3.2 out of 10

As of October 28, 2026, ETF Copilot scores State Street Real Estate Select Sector SPDR ETF (XLRE) 3.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.2 / 10
  • Growth: 0.4 / 10
  • Value: 7.8 / 10
  • Risk: 3.8 / 10
  • Quality: 4.6 / 10
  • Return: 1.4 / 10

Is XLRE expensive right now? It trades at 31.8 times earnings, against its own median of 34.8

As of October 28, 2026, XLRE is cheaper than 84% of its own last 9 years.

Trailing 12 months, built from XLRE's holdings. How we calculate this →

What's inside XLRE?

What's inside XLRE: Size (Large 70%, Mid 30%, Small 0%); Geography (International 0%, US 100%).

What are XLRE's top holdings? The ten largest are 59% of the fund

Welltower, Prologis, Equinix, American Tower, Public Storage, Simon Property, Ventas, Equity Residential, Realty Income and Crown Castle are XLRE's largest holdings, in that order.

More concentrated than 78% of Real Estate & Infra ETFs.

Half of XLRE's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.

What is XLRE's expense ratio? 0.08% a year

As of October 28, 2026, XLRE charges 0.08% a year, yields 3.41% and holds $8.0B in assets across 30 positions.

State Street Real Estate Select Sector SPDR ETF (XLRE) — cost, income and size
MeasureXLRE
Expense ratio0.08%
Dividend yield3.41%
Assets under management$8.0B
Holdings30

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “State Street Real Estate Select Sector SPDR ETF (XLRE) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/xlre

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