THRO vs XLRE

Comparison between BlackRock Future U.S. Themes ETF (THRO, ETF) and THE REAL ESTATE SELECT SECTOR SPDR FUND (XLRE, ETF).

THRO vs XLRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	THRO(ETF)	XLRE(ETF)
Net Assets	$7.30B	$7.30B
Expense Ratio	0.57%	0.08%
Max Drawdown	26.97%	39.28%
Sharpe Ratio	1.79	0.54
5Y Beta	1.00	0.50
P/E Ratio	27.13	35.62
Forward P/E	21.44	35.47
PEG Ratio	0.52	0.54
5Y Dividends CAGR	N/A	1.63%
5Y EPS CAGR	27.00%	7.29%
Debt to Equity	49.70%	-43.70%
P/S Ratio	3.04	6.11
P/B Ratio	5.91	3.06

Net Assets

THRO

$7.30B

XLRE

$7.30B

Expense Ratio

THRO

0.57%

Winner

XLRE

0.08%

Max Drawdown

Winner

THRO

26.97%

XLRE

39.28%

Sharpe Ratio

Winner

THRO

1.79

XLRE

0.54

5Y Beta

THRO

1.00

Winner

XLRE

0.50

P/E Ratio

Winner

THRO

27.13

XLRE

35.62

Forward P/E

Winner

THRO

21.44

XLRE

35.47

PEG Ratio

Winner

THRO

0.52

XLRE

0.54

5Y Dividends CAGR

THRO

N/A

XLRE

1.63%

5Y EPS CAGR

Winner

THRO

27.00%

XLRE

7.29%

Debt to Equity

THRO

49.70%

Winner

XLRE

-43.70%

P/S Ratio

Winner

THRO

3.04

XLRE

6.11

P/B Ratio

THRO

5.91

Winner

XLRE

3.06

THRO vs XLRE - Holdings Comparison

THRO and XLRE have 1 common holdings. Overlap is 0.00%

THRO's top 25 holdings weight is 66.77%. XLRE's top 25 holdings weight is 93.72%.

Rank	THRO	XLRE
#1	APPLE INC (AAPL) - 8.34%	WELLTOWER INC (WELL) - 10.29%
#2	NVIDIA CORP (NVDA) - 7.28%	PROLOGIS INC (PLD) - 9.06%
#3	MICROSOFT CORP (MSFT) - 6.62%	EQUINIX INC (EQIX) - 7.28%
#4	AMAZON.COM INC (AMZN) - 4.68%	AMERICAN TOWER CORP (AMT) - 5.75%
#5	ALPHABET INC CLASS A (GOOGL) - 4.28%	DIGITAL REALTY TRUST INC (DLR) - 4.67%
#6	JPMORGAN CHASE & CO (JPM) - 3.04%	SIMON PROPERTY GROUP INC (SPG) - 4.63%
#7	BROADCOM INC (AVGO) - 2.81%	CBRE GROUP INC CLASS A (CBRE) - 4.51%
#8	ALPHABET INC CLASS C (GOOG) - 2.56%	VENTAS INC (VTR) - 4.40%
#9	WALMART INC (WMT) - 2.41%	PUBLIC STORAGE (PSA) - 4.29%
#10	META PLATFORMS INC CLASS A (META) - 2.30%	REALTY INCOME CORP (O) - 4.25%
#11	MICRON TECHNOLOGY INC (MU) - 1.90%	CROWN CASTLE INC (CCI) - 3.97%
#12	COSTCO WHOLESALE CORP (COST) - 1.85%	IRON MOUNTAIN INC (IRM) - 3.52%
#13	VISA INC CLASS A (V) - 1.80%	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 3.24%
#14	TESLA INC (TSLA) - 1.79%	EXTRA SPACE STORAGE INC (EXR) - 3.16%
#15	CATERPILLAR INC (CAT) - 1.78%	AVALONBAY COMMUNITIES INC (AVB) - 2.75%
#16	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.77%	SBA COMMUNICATIONS CORP CLASS A (SBAC) - 2.45%
#17	APPLIED MATERIALS INC (AMAT) - 1.54%	EQUITY RESIDENTIAL (EQR) - 2.37%
#18	INTEL CORP (INTC) - 1.45%	WEYERHAEUSER CO (WY) - 1.89%
#19	JOHNSON & JOHNSON (JNJ) - 1.43%	ESSEX PROPERTY TRUST INC (ESS) - 1.82%
#20	CISCO SYSTEMS INC (CSCO) - 1.35%	KIMCO REALTY CORP (KIM) - 1.70%
#21	TJX COMPANIES INC (TJX) - 1.35%	INVITATION HOMES INC (INVH) - 1.68%
#22	PROCTER & GAMBLE CO (PG) - 1.17%	COSTAR GROUP INC (CSGP) - 1.61%
#23	CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) - 1.10%	MID-AMERICA APARTMENT COMMUNITIES INC (MAA) - 1.61%
#24	RTX CORP (RTX) - 1.09%	HOST HOTELS & RESORTS INC (HST) - 1.42%
#25	GE AEROSPACE (GE) - 1.08%	REGENCY CENTERS CORP (REG) - 1.40%
Total Holdings	244	34

THRO vs XLRE - Historical Returns

Returns include dividend reinvestment.

Period	THRO	XLRE
1 month	+11.34%	+4.64%
3 months	+8.81%	+5.81%
6 months	+11.43%	+9.50%
1 year	+30.10%	+11.08%
5 years(CAGR)	+13.45%	+4.32%
10 years(CAGR)	N/A	+6.64%
Max(CAGR)	+13.45%	+7.32%

Winner

THRO

+11.34%

XLRE

+4.64%

Winner

THRO

+8.81%

XLRE

+5.81%

Winner

THRO

+11.43%

XLRE

+9.50%

Winner

THRO

+30.10%

XLRE

+11.08%

5Y(CAGR)

Winner

THRO

+13.45%

XLRE

+4.32%

10Y(CAGR)

THRO

N/A

XLRE

+6.64%

Max(CAGR)

Winner

THRO

+13.45%

XLRE

+7.32%

THRO vs XLRE - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	THRO	XLRE
2026	+9.52%	+10.71%
2025	+15.04%	+3.56%
2024	+33.44%	+4.11%
2023	+25.34%	+11.95%
2022	-17.91%	-25.56%
2021	+2.14%	+50.96%
2020	N/A	-0.96%
2019	N/A	+31.71%
2018	N/A	-1.81%
2017	N/A	+10.33%
2016	N/A	+5.18%
2015	N/A	+4.38%

THRO vs XLRE Drawdown Comparison

The maximum drawdown for THRO was -26.54%, occurring on Sep 30, 2022. Recovery took 494 trading sessions.

The maximum drawdown for XLRE was -38.80%, occurring on Mar 23, 2020. Recovery took 280 trading sessions.

The current XLRE drawdown is -1.01%.

Rank	THRO	XLRE
#1	-26.54% Dec 27, 2021 - Dec 13, 2023	-38.80% Feb 21, 2020 - Apr 1, 2021
#2	-19.07% Jan 23, 2025 - Jun 30, 2025	-34.11% Dec 31, 2021 - Oct 25, 2023
#3	-10.87% Jan 27, 2026 - Apr 15, 2026	-14.65% Aug 1, 2016 - Nov 7, 2017
#4	-9.28% Jul 16, 2024 - Aug 23, 2024	-13.42% Dec 29, 2015 - Mar 17, 2016
#5	-6.49% Mar 22, 2024 - May 15, 2024	-12.51% Dec 6, 2018 - Jan 31, 2019
#6	-5.40% Oct 29, 2025 - Dec 23, 2025	-12.35% Nov 13, 2017 - Jul 5, 2018
#7	-5.36% Aug 23, 2024 - Sep 19, 2024	-8.32% Aug 20, 2018 - Nov 30, 2018
#8	-4.87% Dec 4, 2024 - Jan 22, 2025	-8.27% Sep 2, 2021 - Nov 3, 2021
#9	-3.12% Oct 18, 2024 - Nov 6, 2024	-6.74% Oct 21, 2019 - Jan 21, 2020
#10	-2.91% Oct 8, 2025 - Oct 24, 2025	-6.10% Oct 22, 2015 - Dec 29, 2015
#11	-2.80% Jan 12, 2026 - Jan 27, 2026	-5.79% May 10, 2016 - Jun 29, 2016
#12	-2.69% Dec 26, 2023 - Jan 10, 2024	-4.83% Jun 20, 2019 - Jul 10, 2019
#13	-2.52% Nov 8, 2024 - Nov 25, 2024	-4.80% Nov 24, 2021 - Dec 7, 2021
#14	-2.39% Jul 28, 2025 - Aug 8, 2025	-4.25% Apr 12, 2019 - May 24, 2019
#15	-2.38% Dec 16, 2021 - Dec 22, 2021	-4.04% Apr 30, 2021 - May 24, 2021

Correlation

Correlation between THRO and XLRE is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2015 - 2026)

THRO vs XLRE dividend yield comparison.

Year	THRO	XLRE
2026	0.04%	0.61%
2025	0.15%	3.45%
2024	0.73%	3.43%
2023	0.55%	3.31%
2022	0.90%	3.70%
2021	0.00%	2.61%
2020	0.00%	3.15%
2019	0.00%	3.06%
2018	0.00%	3.78%
2017	0.00%	3.25%
2016	0.00%	4.22%
2015	0.00%	1.09%