USRT vs XLRE overlap - what they share and where they differ

USRT and XLRE share 65.8% of their weight across 24 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

USRT and XLRE

65.8%

24 shared positions

USRT

iShares Core U.S. REIT ETF

Reported positions cover 100% of the fund, 127 positions · Apr 30, 2026

Top 10: 48.7%·Holdings of USRT

XLRE

State Street(R) Real Estate Select Sector SPDR(R) ETF

Reported positions cover 99% of the fund, 31 positions · Jun 30, 2026

Top 10: 59.1%·Holdings of XLRE

Reported positions cover USRT 100%, XLRE 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

XLRE vs USRT side by side

USRTiShares Core U.S. REIT ETF

127

stock positions reported to the SEC

34.1% of its weight is in 103 names XLRE does not hold

XLREState Street(R) Real Estate Select Sector SPDR(R) ETF

31

stock positions reported to the SEC

21.6% of its weight is in 7 names USRT does not hold

Where each fund's weight sits

USRT
XLRE
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Real Estate
89.4%
93.1%
Utilities
2.2%
2.7%
Technology
0.0%
1.2%
Consumer Cyclical
0.5%
0.0%

The widest gap is Real Estate: XLRE has 3.7 points more of it.

The figures side by side

USRTXLRE
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported12731
Weight of the ten largest48.7%59.1%
Largest positionWELL 8.3%WELL 11.0%
Held alone103 positions, 34.1%7 positions, 21.6%
Covered by stock positions100%99%

Holdings they share

StockIn USRTIn XLRECounted
WELLWELLTOWER INC8.31%11.01%8.31%
PLDPROLOGIS INC7.52%8.68%7.52%
EQIXEQUINIX INC6.44%7.06%6.44%
DLRDIGITAL REALTY TRUST INC4.46%4.53%4.46%
SPGSIMON PROPERTY GROUP INC4.40%4.98%4.40%
OREALTY INCOME CORP4.18%4.55%4.18%
PSAPUBLIC STORAGE3.96%4.48%3.96%
VTRVENTAS INC3.55%4.47%3.55%
VICIVICI PROPERTIES INC2.73%3.01%2.73%
EXREXTRA SPACE STORAGE INC2.60%3.18%2.60%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in USRT

IRON MOUNTAIN INC (REIT)3.19%
WP CAREY INC1.36%
SUISUN COMMUNITIES INC1.35%
OHIOMEGA HEALTHCARE INVESTORS INC1.19%
GLPIGAMING AND LEISURE PROPERTIES INC1.13%
ELSEQUITY LIFESTYLE PROPERTIES INC1.05%
LAMRLAMAR ADVERTISING COMPANY1.03%
AMHAMERICAN HOMES 4 RENT0.94%
EGPEASTGROUP PROPERTIES INC0.92%
BRXBRIXMOR PROPERTY GROUP INC0.79%

Only in XLRE

AMTAmerican Tower Corp5.23%
CBRECBRE Group Inc4.08%
IRMIron Mountain Inc3.89%
CCICrown Castle Inc3.42%
SBACSBA Communications Corp1.94%
WYWeyerhaeuser Co1.79%
CSGPCoStar Group Inc1.20%

Questions people ask

Is USRT the same as XLRE?

65.8% of their weight sits in the same 24 holdings. USRT also reports IRON MOUNTAIN INC (REIT), WP CAREY INC, SUI, which the other does not. XLRE also reports AMT, CBRE, IRM, which the other does not.

How is the overlap between USRT and XLRE measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of USRT and 99% of XLRE, so the number cannot exceed the smaller coverage.

Which holds more, XLRE or USRT?

USRT reports 127 stock positions and XLRE reports 31. 34.1% of USRT's weight sits in names XLRE does not hold, and 21.6% of XLRE's weight in names USRT does not hold. The ten largest positions are 48.7% of USRT and 59.1% of XLRE.

How do USRT and XLRE differ by sector?

The widest gap is Real Estate: XLRE has 3.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

USRT against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.