XLRE - The Real Estate Select Sector SPDR Fund

NYSEArca - Nasdaq Real Time Price. Currency in USD
37.66
+0.04 (+0.11%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close37.62
Open37.70
Bid0.00 x 42300
Ask0.00 x 21500
Day's Range37.58 - 37.91
52 Week Range29.52 - 38.62
Volume2,650,114
Avg. Volume3,988,145
Net Assets3.24B
NAV37.63
PE Ratio (TTM)N/A
Yield3.33%
YTD Return23.06%
Beta (3Y Monthly)0.55
Expense Ratio (net)0.13%
Inception Date2015-10-07
Trade prices are not sourced from all markets
  • Fed's Powell indicates optimism in markets amid Capitol Hill testimony
    Yahoo Finance Video6 days ago

    Fed's Powell indicates optimism in markets amid Capitol Hill testimony

    Fed chair Jay Powell testified before congress, fueling optimism that the central bank will cut rates later this month. Yahoo Finance's Seana Smith and Brian Cheung, Wells Fargo Global Economist Jay Bryson, and Chair of Monetary Policy at the Mercatus Center Scott Sumner discuss.

  • California startup renting bunk beds for $1,200 a month amid rising housing prices
    Yahoo Finance Video6 days ago

    California startup renting bunk beds for $1,200 a month amid rising housing prices

    'PodShare' is addressing the housing crisis facing cities like Los Angeles and San Francisco by selling customers beds in a communal home for $1,200 per month. Yahoo Finance's Seana Smith and PodShare CEO Elvina Beck discuss.

  • Fed's Powell set to testify on Capitol Hill amid questions about his job security
    Yahoo Finance Video7 days ago

    Fed's Powell set to testify on Capitol Hill amid questions about his job security

    Federal Reserve Chair Jerome Powell is set to testify before lawmakers starting tomorrow. This as White House Economic Advisor Larry Kudlow addressed concerns over Powell's job security. Yahoo Finance's Seana Smith and Brian Cheung discuss.

  • The Fed's next move should be 'doing absolutely nothing:' Economist
    Yahoo Finance Video8 days ago

    The Fed's next move should be 'doing absolutely nothing:' Economist

    Fed Chair Jay Powell is heading to Capitol Hill. Investors are watching as he is set to testify before the House Financial Services Committee and Senate Banking Committee this week. Yahoo Finance's Seana Smith and RDQ Economics Chief Economist John Ryding discuss.

  • Why one real estate investor says 'the housing market is done in America'
    Yahoo Finance Video19 days ago

    Why one real estate investor says 'the housing market is done in America'

    More Americans are signing contracts to purchase homes in May compared to April. Pending home sales rose 1.1% last month. Yahoo Finance's Zack Guzman & Kristin Myers discuss with entrepreneur and real estate investor Grant Cardone.

  • Fed leaves rates unchanged but signals possible rate cuts
    Yahoo Finance Video27 days ago

    Fed leaves rates unchanged but signals possible rate cuts

    The Federal Reserve will leave rates unchanged but has removed its 'patience' in monetary policy. Yahoo Finance's Brian Cheung breaks it down.

  • Home prices rose 3.7% in March and weakens for the 12th month in a row
    Yahoo Finance Video2 months ago

    Home prices rose 3.7% in March and weakens for the 12th month in a row

    The S&P CoreLogic Case-Shiller Index weakened yet again in March for the 12th month in a row, showing an increase of 3.7% down from 3.9% in February. Realtor.com Chief Economist Danielle Hale and Zillow Director of Economic Research

  • MarketWatch11 days ago

    REIT stocks in broad selloff as bond yields rise

    Shares of real estate investment trust are selling off in unanimous fashion, as the better-than-expected June jobs data has fueled in a big jump in Treasury yields. The SPDR Real Estate Select Sector ETF shed 1.0% in midday trading, with all 32 of its equity components losing ground. The REIT ETF (XLRE) tends to act as a bond proxy given its relatively high dividend yield, which means it becomes less attractive to investors when bond prices fall and bond yields rise. The 10-year Treasury yield jumps 10.2 basis points to 2.055% after closing Wednesday at the lowest yield since November 2016. The XLRE's yield is 3.26%, compared with the implied yield for the S&P 500 of 1.93%. Among the XLRE's most-active components, shares of Host Hotels & Resorts Inc. declined 0.8%, Weyerhaeuser Co. lost 1.3%, HCP Inc. dropped 1.5% and Kimco Realty Co. slipped 0.5%. Of the XLRE's highest yielders, shares of Macerich Co. fell 0.4% and yields 9.05%, while Iron Mountain Inc. slid 1.7% and yields 7.78%.

  • All-Time Highs on Wall Street With More to Come
    Investopedia12 days ago

    All-Time Highs on Wall Street With More to Come

    With the S&P 500 and Dow at all-time highs, it's been a great year for every stock market sector, and margin debt levels have room to grow.

  • MarketWatch13 days ago

    REIT stocks rally as high dividend yielders boosted by drop in Treasury yields

    Shares of real estate investment trusts rallied Wednesday, as the drop in the 10-year Treasury note yield to a 2 1/2-year low helped make high dividend yielders more attractive. The SPDR Real Estate Select Sector ETF hiked up 1.3%, to lead all of the S&P 500's 11 sectors higher. Of the REIT ETF's (XLRE) 32 components, 31 traded higher. Among the XLRE's more-active components, shares of Host Hotels & Resorts Inc. rose 1.3%, Weyerhaeuser Co. gained 1.2%, Kimco Realty Corp. tacked on 0.9%, Ventas Inc. added 2.2% and American Tower REIT climbed 2.2%. Of the XLRE's highest yielders, Macerich Co.'s stock yields 9.03% and slipped 0.1% after gaining 2.4% on Tuesday; and Iron Mountain Inc. shares gained 0.9% and yields 7.68%, after surging 2.9% on Tuesday. The XLRE's implied dividend yield is 3.24%, compared with the S&P 500's yield of 1.92%. The yield on the 10-year Treasury note fell 2.4 basis points to 1.952%, on track for the lowest close since November 2016.

  • Will the Fed’s Dovish Stance Ignite REITs This Year?
    Market Realist14 days ago

    Will the Fed’s Dovish Stance Ignite REITs This Year?

    With the strength of the labor market faltering, market participants expect the Federal Reserve to take a dovish stance on interest rates. What does this mean for REITs?

  • MarketWatch14 days ago

    REIT ETF rallies to lead the S&P 500 sector tracker gainers, boosted by high dividend yielders

    The real estate investment trust sector is the best performer of the S&P 500's 11 key sectors in morning trading Tuesday, as a drop in Treasury yields is helping the high-yielding sector attract buyers. The SPDR Real Estate Select Sector ETF surged 1.3% with 31 of 32 components gaining ground. The ETF's (XLRE) dividend yield is currently 3.30%, compared with the implied yield for the S&P 500 of 1.94% and the yield on the 10-year Treasury note, which is down 2.4 basis points in morning trading, of 2.01%. The XLRE's biggest gainer is HCP Inc.'s stock which rallied 2.3%; the REIT, which invests primarily in health care assets, has a dividend yield of 4.58%. The XLRE's highest yielder is Macerich Co.'s stock , which has a yield of 9.09% and is rallying 1.8%. Among other more-active components, shares of Host Hotels & Resorts Inc. rose 0.7% and yields 4.37%, Ventas Inc. gained 0.8% and yields 4.63% and Iron Mountain Inc. tacked on 1.9% and yields 7.80%. The XLRE has rallied 20.0% year to date, while the S&P 500 has advanced 18.3%.

  • MarketWatch20 days ago

    REIT, utilities sector trackers suffer unanimous declines as Treasury yields jump

    The real estate investment trust and utilities sectors were the biggest losers of the S&P 500's 11 key sectors, and their weakness was unanimous, as a big jump in Treasury yields helped lure investors away from the high-yielding sector. The SPDR Real Estate Select Sector ETF slumped 2.1% with all 32 of its equity components losing ground and SPDR Utilities Select Sector ETF shed 2.0% with all 28 components declining. REITs are utilities are often seen as bond proxies, given their high yields, while the S&P 500 eased 0.1%. The REIT ETF's dividend yield was 3.38% and the utilities ETF's yield was 3.11%, compared with the implied yield for the S&P 500 of 1.98%, according to FactSet. Meanwhile, Treasury prices fell, to push the yield on the 10-year Treasury note up 5.1 basis points to 2.045%, after Treasury Secretary Steven Mnuchin raised hopes that a U.S.-China trade deal was near.

  • ETF Trends29 days ago

    Real Estate ETFs Are Among This Year’s Standout Winners

    Real estate investment trusts and sector-related exchange traded funds have been a standout segment of the U.S. markets this year as falling interest rates and bets on the future of e-commerce helped prop ...

  • MarketWatch29 days ago

    REIT sector rallies toward 4th-straight record as Treasury yields fall

    The real estate investment trust (REIT) sector rallied again toward a record high in midday trading Monday, boosted by a rally in 10-year Treasurys that pushed the yield down toward a near 2-year low. The SPDR Real Estate Select Sector ETF climbed 0.6%, as 27 of 32 components gained ground, and as 12 components reached 52-week highs, to put it on track for a 4th-straight record close. Among the more-active components, shares of Ventas Inc. climbed 1.8%, Kimco Realty Corp. rose 1.7%, HCP Inc. gained 0.9% and Host Hotels & Resorts Inc. hiked up 0.9%, while Weyerhaeuser Co. fell 0.6%. The REIT sector is often viewed as a defensive bond proxy given its relatively high dividend yield, so disappointing data that pushed Treasury yields lower can attract investors. On Monday, disappointing manufacturing and home builder sentiment data knocked the 10-year Treasury yield down 1.3 basis points to 2.080%, or well below the REIT ETF's dividend yield of 3.14%. The ETF has now rallied 7.0% over the past three months while the Dow Jones Industrial Average , which has an implied dividend yield of 2.07%, has gained 1.1%.

  • MarketWatch29 days ago

    Priam Properties sets terms for IPO, to raise up to $180 million

    Priam Properties Inc. set terms Monday for its initial public offering, in which the Nashville-based real estate investment trust expects to raise up to $180 million and be valued at about $233.51 million. The newly formed REIT, which is focused on acquiring and owning multi-tenant office urban properties in the Midwest and Southeast, with a particular focus on millennials, is offering 9 million shares, with the IPO expected to price between $18 and $20 a share. The stock is expected to list on the New York Stock Exchange under the ticker symbol "PRMI." If the underwriters, BofA Merrill Lynch, Baird and RBC Capital Markets, exercise all options to buy up to 1.35 million additional shares, Priam could raise up to $207 million. After the IPO, the company will have 11.68 million shares outstanding. The company is looking to go public at a time that Renaissance IPO ETF has gained 2.3% over the past three months, while the SPDR Real Estate Select Sector ETF has tacked on 6.4% and the S&P 500 has advanced 2.3%.

  • MarketWatchlast month

    ETFs tracking defensive REIT, utilities and consumer staples sectors rise toward record highs

    ETFs tracking three of the S&P 500's 11 sectors are headed for record closes Friday, but before investors see that as a bullish sign they should note two are for sectors used as bond proxies and the other is a defensive sector. The SPDR Real Estate Select Sector ETF rose 0.4% toward a third-straight record close; the SPDR Utilities Select Sector ETF rallied 1.1%, to top the previous record reached on June 6; and the SPDR Consumer Staples Select Sector ETF edged up 0.2% toward a seventh-straight record. Many use the REIT and utilities ETFs as bond proxies given their relatively high yields, with the REIT ETF yielding 3.16% and the utilities ETF yielding 2.97%, versus the S&P 500's implied yield of 1.99%. The 10-year Treasury note has been rallying, and yields have been falling, as investors believe the Federal Reserve's next move on interest rates will be a cut amid concerns that the economy is a slowing. That concern is also helping the consumer staple sector, which is seen as defensive as it includes companies that sell products consumer need rather than want.

  • MarketWatchlast month

    MGM Growth Properties boosts dividend, lifting yield well above REIT sector tracker

    MGM Growth Properties LLC raised its quarterly dividend by 5%, to 46.75 cents a share from 44.5 cents a share. The real estate investment trust's new dividend will be payable July 15 to shareholders of record on June 28. Based on Thursday's stock closing price of $31.32, the new annual dividend rate would be 5.97%, which is above the yield for the SPDR Real Estate Select Sector ETF of 3.17% and above the S&P 500's implied yield of 1.99%, according to FactSet. MGM Growth's stock, which was still inactive in premarket trading, has gained 3.0% over the past 12 months, while the REIT ETF has rallied 18% and the S&P 500 has advanced 3.9%.

  • ETF Trendslast month

    Safer Sector ETF Picks Standout in Times of Uncertainty

    In the latest equity market rebound, safer sector-specific ETFs stood out, reflecting a shift in attitude as investors look for more defensive plays in a time of lingering uncertainties. For example, investors may be looking into sector-specific plays like the  Utilities Select Sector SPDR (XLU) , Consumer Staples Select SPDR (NYSEArca: XLP)  and Real Estate Select Sector SPDR Fund (XLRE) . The utilities, consumer staples and real estate sectors of the S& 500 have been outperforming the broader market, with at least 69% of companies in each of those groups trading above their 50-day moving average, the Wall Street Journal reports.

  • Real Estate Stocks Poised to Move Higher
    Investopedialast month

    Real Estate Stocks Poised to Move Higher

    Bullish chart patterns across the real estate sector suggest that this could be the group to watch over the weeks and months ahead.

  • Don’t make fun of ‘sell in May and go away’ — it just worked
    Yahoo Financelast month

    Don’t make fun of ‘sell in May and go away’ — it just worked

    The 'sell in May and go away' adage actually worked in 2019.

  • ETF Trends2 months ago

    Consider REIT ETFs as Trade Uncertainty Looms Over Markets

    Real estate investment trusts and sector-related ETFs could be an area for investors to look to as the U.S.-China trade tiff grips the markets. REITs are comprised of companies that own office towers, ...

  • ETF Trends2 months ago

    4 Top REIT ETFs for Shelter And Income

    Sectors and exchange traded funds focusing on the domestic economy could benefit investors amid international headline risk. Even better if those funds offer solid income streams and above-average dividend ...

  • Housing starts are up, but 'you don’t want to overreact to it': economist
    Yahoo Finance2 months ago

    Housing starts are up, but 'you don’t want to overreact to it': economist

    LendingTree Chief Economist Tendayi Kapfidze talked to Yahoo Finance On the Move about the latest housing starts results.