The Real Estate Select Sector SPDR Fund (XLRE)

Look-through valuation · Sector · Expense ratio 0.09 % · ISIN US81369Y8600

XLRE The Real Estate Select Sector SPDR Fund XLRE overvalued

Holdings vs fair value −54.0 % weighted average

Quality 56/100 avg alpha quality

Expense ratio 0.09 % per year (TER)

Fund size $ 8.2B yield 3.19 %

The look-through covers 91 % of the fund by weight (30 of 31 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2015)

Monthly close since 2015. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Welltower Inc WELL	11.2 %	−80.0 %	55
Prologis Inc PLD	8.9 %	n/a	n/a
Equinix Inc EQIX	6.9 %	−77.2 %	56
American Tower Corp AMT	5.3 %	−45.3 %	56
Simon Property Group Inc SPG	4.8 %	−61.2 %	63
Digital Realty Trust Inc DLR	4.6 %	−64.0 %	49
Realty Income Corporation O	4.6 %	−51.5 %	55
Ventas Inc VTR	4.6 %	−80.0 %	54
Public Storage PSA	4.5 %	−45.1 %	67
CBRE Group Inc Class A CBRE	4.1 %	−52.5 %	49
Iron Mountain Incorporated IRM	3.7 %	−67.3 %	48
Crown Castle CCI	3.5 %	−52.6 %	52
Extra Space Storage Inc EXR	3.1 %	−45.8 %	51
VICI Properties Inc VICI	2.9 %	+58.6 %	54
AvalonBay Communities Inc AVB	2.7 %	−33.7 %	65
Equity Residential EQR	2.4 %	−44.2 %	66
SBA Communications Corp SBAC	2.0 %	−23.1 %	57
Essex Property Trust Inc ESS	1.9 %	−39.2 %	66
Kimco Realty Corporation KIM	1.7 %	−49.8 %	61
Weyerhaeuser Company WY	1.7 %	−63.9 %	52
Invitation Homes Inc INVH	1.7 %	−43.6 %	60
Mid-America Apartment Communities Inc MAA	1.6 %	−50.5 %	57
Healthpeak Properties Inc DOC	1.5 %	−67.7 %	51
Host Hotels & Resorts Inc HST	1.5 %	−30.7 %	68
Regency Centers Corporation REG	1.3 %	−57.9 %	61

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 31 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives The Real Estate Select Sector SPDR Fund an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.