XLRE Stock Summary and Trading Ideas (Real Estate Select Sector SPDR | ARCA:XLRE)

The Real Estate Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Real Estate Select Sector Index. The Real Estate Select Sector Index includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The Index is one of eleven Select Sector Indexes developed and maintained in accordance with the following criteria: (1) each of the component securities in the Index is a constituent company of the S&P 500 Index; and (2) the Index is calculated by S&P Dow Jones Indices LLC based on methodology proprietary to S&P Dow Jones Indices LLC and BofA Merrill Lynch Research, using a "modified market capitalization" methodology, which means that modifications may be made to the market capitalization weights of single stock concentrations in order to conform to the requirement of the Internal Revenue Code of 1986, as amended.

Real Estate Select Sector SPDR trades on the ARCA stock market under the symbol XLRE.

As of May 6, 2024, XLRE stock price climbed to $37.03 with 9,442,668 million shares trading.

XLRE has a beta of 1.19, meaning it tends to be more sensitive to market movements. XLRE has a correlation of 0.57 to the broad based SPY ETF.

XLRE has a market cap of $5.57 billion. This is considered a Mid Cap stock.

In the last 3 years, XLRE stock traded as high as $52.17 and as low as $31.99.

XLRE has underperformed the market in the last year with a price return of +5.0% while the SPY ETF gained +28.3%. XLRE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.7% and +3.2%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

XLRE support price is $36.55 and resistance is $37.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XLRE stock will trade within this expected range on the day.