SPDR SSGA Multi-Asset Real Return ETF

RLY

Market cap $596M

Bet on defensive and high-earnings growth sectors in this tumultuous April.

The S&P 500 has been under pressure due to trade tensions. These ETFs look trade-proof.

Asset allocation is still important despite recent performance trends. SPDR® SSgA Multi-Asset Real Return ETF offers a mix of asset class exposure for real returns. The RLY ETF focuses on inflation-protected securities, real estate securities, commodities, and infrastructure companies.

RLY is a small fund with exposure to commodities and infrastructure companies, plus other inflation-protected securities. The ETF lacks the diversification benefits of RPAR and is more focused on assets that perform well during periods of inflation.

SPDR® SSgA Multi-Asset Real Return ETF is an actively managed fund of funds aiming at excess return over inflation. The RLY fund provides exposure to inflation-protected securities, real estate securities, commodities, infrastructure companies, and natural resources and commodity businesses. Performance and risk metrics since 2012 are underwhelming, but RLY has outperformed other multi-asset ETFs in the inflationary environment of the last 3 years.