What is XLRE and what does it track?

State Street Real Estate Select Sector SPDR ETF (XLRE) is an exchange-traded fund (ETF) providing diversified exposure to a basket of securities. ETFs trade on major stock exchanges like individual stocks, combining diversification with intraday flexibility.

How large is XLRE in terms of assets under management?

XLRE currently manages approximately $7.71B in assets. Larger funds typically benefit from higher liquidity and tighter bid-ask spreads, reducing trading costs.

Does XLRE pay distributions or dividends?

XLRE currently has a distribution yield of 3.24%. ETF distributions are typically paid monthly or quarterly and are passed through from income generated by the underlying holdings.

What are the costs of holding XLRE?

XLRE has an annual expense ratio (TER) of 0.08%. This fee is deducted directly from the fund's assets. Lower expense ratios are generally preferable, as costs compound over time. The portfolio turnover rate is 8%, reflecting how frequently holdings are replaced within a year.

What does the momentum analysis show for XLRE?

The momentum analysis tracks the daily rate of change of XLRE's smoothed price average. A consistently positive and rising value indicates the ETF's trend is gaining strength. A declining or negative value suggests the trend is weakening.

How often is the XLRE data updated?

All data on this page is updated once per trading day after the US market closes, using official end-of-day prices.

XLRE – State Street Real Estate Select Sector SPDR ETF

ETF

Real Estate | Inception: 2015-10-07

Quick Stats

Trend Signal

$45.08

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

+14.01%

Signal Edge

Moderate edge across 2 signals – signal performs above random, not exceptional

4.0

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

IV-Rank (52w)

Options are historically cheap – premium buying favored

29% / 71%

Call / Put Flow

Bearish positioning – put premium dominates options flow

Last Trendchange Signal

13.04.26

Date

Signal entry date

$43.02

Entry Price

Closing price at signal date

29d

Days Held

Trading days since signal

+1.88%

+10d

Return after 10 trading days

+3.23%

+20d

Return after 20 trading days

+3.58%

+30d

Return after 30 trading days

+5.07%

+60d

Return after 60 trading days

Trend Overview

Trend Under Pressure – Bearish Composite Score: -2 / 7

XLRE is showing signs of trend deterioration. The primary swing trend has turned negative. Momentum has been running negative for -13 days and downside pressure is still intensifying. The moving average structure is breaking down.

What to watch

This is not an environment for new long exposure. If holding a position, reassess the stop placement relative to the EMA21 at $44.71 and GD50 at $44.87.

Options Signal Highlight

LOW Strength 3.3 Long Put 📖 View full options analysis →

Latest XLRE Reports

Exchange Traded Funds - Signals XLRE Signal Follow-Up – 10 Days Review: +1.88% Performance, Exit Triggered

Apr 25, 2026

Exchange Traded Funds - Signals XLRE Trade Setup: 14.77% Historical Edge & Day 10 Exit Rules

Apr 14, 2026

Exchange Traded Funds - Signals XLRE Trend Change Signal: Real Estate ETF 11.35% Edge

Feb 06, 2026

XLRE Price Chart

Technical Trend Analysis

As of 21.08.2026 · Close: $45.08 · ATR14: $1.25

Trend Under Pressure – Bearish Composite Score: -2 / 7

What to watch

This is not an environment for new long exposure. If holding a position, reassess the stop placement relative to the EMA21 at $44.71 and GD50 at $44.87.

Indicator	Signal	Detail
Swing Trend	▼ Short	Primary directional bias
Momentum	▼ Down · -13d	Strength: -0.06 – Rising
Trend Strength (ADX)	4.0 – Weak	ADX38: 5.0
Volatility (HV30)	13.5% – Calm	HV90: 15.4% \| HV180: 14.5%
Vola Compression	None	Normal range
MA Structure	Golden Cross ✓	Stack: Fully aligned – bullish stack
EMA21 Distance	~0 ATR – Near line	EMA21: $44.71
GD200 Extension	4.1 ATR – Normal	GD20: 0.0 \| GD50: 0.4 \| GD100: 1.4

📉 Downside Momentum Intensifying

Downward momentum active for -13 days and still building (-0.06). Selling pressure is not easing.

⚪ Trend Strength – ADX14: 4.0 (Weak)

Weak or ranging market. ADX38: 5.0. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 13.5% | HV90: 15.4% | HV180: 14.5%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $44.87 above GD200 $42.90 by 4.59%. Long-term structure is bullish. MA stack: Fully aligned – bullish stack.

🎯 EMA21 – Reaction Zone

Price is within 0.5 ATR of the EMA21 at $44.71. Watch for a decisive bounce or break.

📐 Key Price Levels & ATR Distance

GD20: $45.07 (0.0 ATR) | GD50: $44.87 (0.4 ATR) | GD100: $44.30 (1.4 ATR) | GD200: $42.90 (4.1 ATR). ATR14: $1.25.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2015										2.45	-0.65	-0.24	3.22
2016	-4.17	-1.61	7.09	-2.63	0.66	5.63	3.30	-4.05	-1.80	-3.70	-1.09	4.06	0.95
2017	-0.45	5.83	-1.43	0.03	0.03	0.75	0.28	0.58	-2.07	1.18	3.02	-1.70	6.77
2018	-1.34	-5.08	3.74	0.62	1.51	3.15	1.63	1.74	-2.80	-0.83	5.09	-8.85	-5.34
2019	13.34	1.73	4.47	-0.22	T 1.22	0.44	1.93	T 4.56	-1.08	T 0.85	-1.48	T 1.92	27.67
2020	2.64	-6.32	-19.73	T 16.48	5.38	-1.50	T 1.40	1.60	-2.54	T -4.74	T 4.32	-1.08	-4.34
2021	T 3.90	-0.67	5.64	6.61	1.69	0.75	4.20	2.76	-8.35	T 6.43	-1.13	10.78	46.44
2022	-7.77	-4.15	T 7.43	-5.44	-2.58	-6.58	T 6.61	-4.76	-14.26	0.14	T 7.01	-5.69	-28.05
2023	T 9.50	-6.55	-0.64	T 1.94	-3.64	T 4.55	0.53	-2.89	-7.92	-1.05	T 11.90	5.39	8.07
2024	-5.69	T 0.80	-0.03	-6.82	T 5.08	1.35	8.28	4.11	2.34	T -2.70	T 5.29	-8.24	0.59
2025	2.80	T 4.35	-3.84	T -1.38	0.75	-0.89	-0.70	T 2.47	T 1.30	T -2.92	2.06	-1.80	0.15
2026	T 2.60	T 7.03	-7.04	T 8.42	-0.74	1.76	2.01	-0.22					11.64

T A T badge marks a Trendchange signal in that month. Hover for entry price.

Trendchange Signal History

The last 10 Trendchange signals for XLRE:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
13.04.26	$43.02	29d	+1.88%	+3.23%	+3.58%	+5.07%
06.02.26	$41.99	27d	+3.74%	+3.22%	+3.22%	+6.17%
15.01.26	$41.70	7d	-0.79%	+2.81%	+0%	+0%
20.10.25	$42.48	20d	-1.62%	-1.62%	-1.62%	+2.94%
10.09.25	$41.86	6d	+0.33%	+0.53%	+1.17%	+0%
28.08.25	$42.08	3d	+1.09%	+0%	+0%	+0%
28.04.25	$40.78	30d	+2.04%	-0.02%	+2.65%	+4.17%
05.02.25	$42.00	28d	+0.69%	+3.38%	+1.12%	-0.86%
25.11.24	$44.68	12d	-1.84%	-1.84%	-1.84%	-4.95%
24.10.24	$44.42	6d	-1.01%	-1.01%	-1.33%	+0%

Signal Statistics – Historical Edge

Calculated edge for XLRE: 14.01%

Range	N	10d	20d	30d	60d	Signal
5-7%	2	+6.08%	+9.5%	+12.22%	+16.66%	Hold
3-5%	5	+3.76%	+3.98%	+4.25%	+1.47%	Close
1-3%	11	+1.91%	+1.41%	+2.05%	+5.4%	Close
0-1%	11	+0.6%	+2.15%	+2.17%	+0.44%	Close
-1-0%	6	-0.69%	+0.86%	-0.05%	+2.46%	Neg
-3-1%	7	-1.63%	-0.78%	-0.17%	+0.23%	Neg
-5-3%	2	-3.89%	-1.83%	-1.71%	+6.48%	Neg

Exit Rules: Stoploss: -10% | Close if below 5% after 10 days

Signal data as of August 21, 2026

LOW ALERT ● Neutral Strength: 3.3

Options Metrics

IV-Rank (52w)

Bottom 20% of the past 52 weeks – options are historically cheap. Conditions favor premium buyers (Long Call, Long Put).

Call / Put Flow

29% / 71%

More than 60% of options premium is flowing into puts. This indicates net bearish positioning by market participants.

GEX (Mio.)

852,581.7

Positive GEX: market makers are long gamma. They buy dips and sell rallies, which suppresses volatility and keeps price in a range.

GEX Flip Strike

$48.00 · 6.5%

The GEX flip strike is the price level where dealer gamma exposure shifts from positive to negative. A break through this level often accelerates the move.

Max Pain

$45.00 · 0.2%

Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.

Spot Price

$45.08

Last traded price at signal calculation time

Gamma Exposure Timeline

Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.

XLRE GEX timeline showing put/call gamma pins, max pain and flip strike

Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.

Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our options strategy guides →

Strategy Setups – You Decide

Based on current options data, 2 setups match the current conditions. Each strategy has different risk/reward characteristics – the final decision is always yours.

Setup 1 of 2 Long Put Full guide →

Why this fits today

IV-Rank at 5% – options are historically cheap. Bearish flow (29% calls) supports buying downside premium at below-average cost.

Advantages

✓ Profits from significant downside moves with limited maximum risk

✓ Cheap entry when IV-Rank is historically low

✓ Can be used as portfolio protection against existing long positions

Risks

✕ Time decay erodes value daily – timing the entry matters

✕ Needs a substantial move below the strike to be profitable

✕ Full premium is lost if the stock stays above the strike

▶ FAQ: Long Put

What is a Long Put?

A Long Put gives the buyer the right to sell the underlying at the strike price before expiration. It is a bearish strategy with maximum loss limited to the premium paid. It is often used as a hedge against existing long positions.

When is buying puts most cost-effective?

Buying puts when IV-Rank is low means you are purchasing protection at below-average cost. Many traders fail to hedge when volatility is cheap and scramble to buy expensive puts when fear spikes. Buying puts proactively when IV is historically low is a disciplined risk management approach.

Setup 2 of 2 Long Straddle Full guide →

Why this fits today

IV-Rank at 5% – buying both sides is cost-effective. A subsequent vol expansion or large move benefits both legs simultaneously.

Advantages

✓ Profits from any large directional move without needing to pick a side

✓ Buying when IV is historically cheap reduces the breakeven hurdle

✓ An unexpected vol expansion benefits both the call and put simultaneously

Risks

✕ Requires a significant move to recover the combined premium paid

✕ Theta decay accelerates as expiration approaches

✕ If the stock stays flat, both legs expire worthless

▶ FAQ: Long Straddle

What is a Long Straddle?

A Long Straddle buys a call and a put at the same strike and expiration. It profits from a large move in either direction. When IV is low, the premium cost is reduced, making the breakeven easier to reach on a directional move.

Why buy a straddle when IV is low?

Low IV means you are buying the options cheaply. If IV subsequently rises - due to an event or a directional move - both legs can gain value simultaneously, giving you a double benefit. The key is entering before the vol expansion.

All setups above are personal trade journal observations derived from options flow data. This is not financial advice. The decision to trade, and which strategy to use, is entirely yours.

View full options flow data and historical signals on the Options Flow Analysis Overview →

About State Street Real Estate Select Sector SPDR ETF

Under normal market conditions, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Real Estate companies by the Global Industry Classification Standard (GICS®). The fund is non-diversified.

Fund Overview

Metric	Value
Assets under Management	$7.71 B
Expense Ratio	0.08%
Dividend Yield	3.24%
Portfolio Turnover	8%
YTD Return	863.32%
3-Year Return	7.94%
5-Year Return	3.54%

Sector Allocation

Sector	Weight
Real Estate	99.3%

Top 10 Holdings

Symbol	Company	Weight
WELL	WELLTOWER INC	10.88%
PLD	PROLOGIS INC	9.2%
EQIX	EQUINIX INC	7.13%
AMT	AMERICAN TOWER CORP	6.45%
O	REALTY INCOME CORP	4.8%
DLR	DIGITAL REALTY TRUST INC	4.8%
SPG	SIMON PROPERTY GROUP INC	4.63%
PSA	PUBLIC STORAGE	4.54%
VTR	VENTAS INC	4.29%
CCI	CROWN CASTLE INC	3.97%

Frequently Asked Questions – State Street Real Estate Select Sector SPDR ETF (XLRE)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.