REET vs XLRE: Holdings Overlap
iShares · 347 holdings · $5.1B · as of 2026-04-30
XLREState Street® Real Estate Select Sector SPDR® ETF
State Street (SPDR) · 31 holdings · $8.6B · as of 2026-08-06
Holdings snapshots are 98 days apart (REET: 2026-04-30, XLRE: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are REET and XLRE?
iShares Global REIT ETF (REET, by iShares) holds 347 positions; State Street® Real Estate Select Sector SPDR® ETF (XLRE, by State Street (SPDR)) holds 31. They have 25 holdings in common, and by portfolio weight the two funds are 54.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25REET holds 347 · XLRE holds 31
- Weight in Shared Holdings
- REET 54%·XLRE 82%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in REET
322 of 347 positions (45.4% of the fund) are not held by XLRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | REET | XLRE |
|---|---|---|
| Real Estate | 99.6% | 99.9% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| REET | +0.4% | +14.5% | +17.8% | +10.2% | +2.7% | +4.0% | 3.29% |
| XLRE | +0.2% | +13.2% | +11.9% | +9.9% | +2.6% | +6.4% | 3.12% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in REET vs XLRE →
Shared Holdings(25)
The top 10 shared positions account for 76% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 8.32% | 11.24% | 8.32% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.33% | 8.90% | 7.33% |
 EQIXEquinix, Inc. COM | 5.89% | 7.00% | 5.89% |
 DLRDigital Realty Trust Inc. COM | 3.85% | 5.02% | 3.85% |
 SPGSimon Property Group Inc COM | 3.67% | 4.85% | 3.67% |
 ORealty Income Corporation COM | 3.27% | 4.50% | 3.27% |
 PSAPublic Storage COM | 2.66% | 4.80% | 2.66% |
 VTRVentas Inc. COM | 2.29% | 4.56% | 2.29% |
 IRMIron Mountain Inc. COM | 2.06% | 3.69% | 2.06% |
 VICIVICI Properties, Inc., Class A | 1.76% | 2.95% | 1.76% |
 EXRExtra Space Storage Inc. COM | 1.68% | 3.21% | 1.68% |
 AVBAvalonBay Communities, Inc. COM | 1.45% | 2.64% | 1.45% |
 EQREquity Residential SH BEN INT | 1.38% | 2.31% | 1.38% |
 INVHInvitation Homes Inc. COM | 0.98% | 1.69% | 0.98% |
 ESSEssex Property Trust, Inc. COM | 0.93% | 1.86% | 0.93% |
 KIMKimco Realty Corporation COM | 0.88% | 1.68% | 0.88% |
 MAAMid-America Apartment Communities, Inc. COM | 0.84% | 1.58% | 0.84% |
 HSTHost Hotels & Resorts Inc COM | 0.81% | 1.51% | 0.81% |
 REGRegency Centers Corp. COM | 0.78% | 1.29% | 0.78% |
 UDRUDR Inc COM | 0.67% | 1.15% | 0.67% |
 DOCHealthpeak Properties Inc COM | 0.62% | 1.48% | 0.62% |
 CPTCamden Property Trust SH BEN INT | 0.62% | 1.13% | 0.62% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 0.52% | 0.94% | 0.52% |
 BXPBXP Inc COM | 0.52% | 1.04% | 0.52% |
 AREAlexandria Real Estate Equities, Inc. COM | 0.39% | 0.77% | 0.39% |
Frequently Asked Questions
How much do REET and XLRE overlap?
REET and XLRE overlap by 54.1% of portfolio weight. They share 25 holdings (REET holds 347 positions and XLRE holds 31), based on each fund's latest SEC-reported holdings.
Is it redundant to own both REET and XLRE?
The two portfolios are 54.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of REET and XLRE?
The largest positions held by both funds are WELL, PLD, EQIX, DLR and SPG. Together the top 10 shared positions account for 76% of the total overlap.
What does REET own that XLRE doesn't?
322 positions (45.4% of REET) are unique to REET, led by GMG, WPC and SUI. In the other direction, 6 positions (18.2% of XLRE) are unique to XLRE.