Test US REITs
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AMT American Tower Corporation | Real Estate | 6.67% |
CCI Crown Castle International Corp. | Real Estate | 6.67% |
DLR Digital Realty Trust, Inc. | Real Estate | 6.67% |
EQIX Equinix, Inc. | Real Estate | 6.67% |
EXR Extra Space Storage Inc. | Real Estate | 6.67% |
IRM Iron Mountain Incorporated | Real Estate | 6.67% |
MAA Mid-America Apartment Communities, Inc. | Real Estate | 6.67% |
O Realty Income Corporation | Real Estate | 6.67% |
PLD Prologis, Inc. | Real Estate | 6.67% |
PSA Public Storage | Real Estate | 6.67% |
SPG Simon Property Group, Inc. | Real Estate | 6.67% |
SUI Sun Communities, Inc. | Real Estate | 6.67% |
VICI VICI Properties Inc. | Real Estate | 6.67% |
VTR Ventas, Inc. | Real Estate | 6.67% |
WELL Welltower Inc. | Real Estate | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Test US REITs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Oct 18, 2017, corresponding to the inception date of VICI
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -15.28% | -13.65% | -13.36% | -4.22% | 12.35% | 9.04% |
| Test US REITs | -8.57% | -11.29% | -13.99% | 3.22% | 8.13% | N/A |
| Portfolio components: | ||||||
PLD Prologis, Inc. | -14.32% | -24.48% | -23.46% | -26.43% | 2.23% | 10.96% |
AMT American Tower Corporation | 11.59% | -3.59% | -7.27% | 12.42% | -2.11% | 10.46% |
EQIX Equinix, Inc. | -21.10% | -13.90% | -14.33% | -4.17% | 3.35% | 14.62% |
WELL Welltower Inc. | 8.78% | -7.43% | 10.43% | 51.90% | 23.15% | 10.41% |
SPG Simon Property Group, Inc. | -17.48% | -16.94% | -14.04% | -1.91% | 22.34% | 1.90% |
PSA Public Storage | -10.18% | -14.34% | -21.97% | -3.76% | 9.58% | 7.35% |
CCI Crown Castle International Corp. | 6.23% | -1.34% | -12.61% | 0.66% | -6.36% | 5.41% |
DLR Digital Realty Trust, Inc. | -22.60% | -7.99% | -12.71% | -2.08% | 1.83% | 11.80% |
O Realty Income Corporation | -0.24% | -10.20% | -12.60% | 3.04% | 4.69% | 5.98% |
VICI VICI Properties Inc. | 2.05% | -8.70% | -6.46% | 4.90% | 17.35% | N/A |
EXR Extra Space Storage Inc. | -14.41% | -18.58% | -24.33% | -11.51% | 8.15% | 10.52% |
IRM Iron Mountain Incorporated | -26.14% | -8.00% | -34.25% | 0.58% | 29.83% | 14.15% |
VTR Ventas, Inc. | 8.31% | -6.67% | 3.05% | 50.17% | 17.66% | 4.38% |
SUI Sun Communities, Inc. | -6.11% | -13.60% | -6.98% | -6.35% | -0.53% | 9.14% |
MAA Mid-America Apartment Communities, Inc. | -2.00% | -9.85% | -0.06% | 17.77% | 8.96% | 10.97% |
Monthly Returns
The table below presents the monthly returns of Test US REITs, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.15% | 3.94% | -2.43% | -10.88% | -8.57% | ||||||||
| 2024 | -4.78% | 3.47% | 1.04% | -7.85% | 6.34% | 3.65% | 7.03% | 8.10% | 3.56% | -2.37% | 2.83% | -9.27% | 10.35% |
| 2023 | 9.53% | -4.74% | -0.50% | 0.58% | -4.90% | 4.76% | 0.97% | -3.08% | -6.09% | -3.28% | 12.79% | 8.49% | 13.16% |
| 2022 | -8.96% | -4.03% | 7.64% | -2.86% | -4.26% | -5.13% | 7.62% | -4.28% | -13.25% | 3.17% | 6.06% | -4.47% | -22.49% |
| 2021 | 0.44% | 2.55% | 5.59% | 9.36% | 0.96% | 4.10% | 5.14% | 3.01% | -7.29% | 7.90% | -0.93% | 11.11% | 49.09% |
| 2020 | 3.22% | -6.03% | -15.55% | 7.12% | 4.55% | 1.10% | 6.41% | 0.85% | -1.16% | -1.83% | 3.90% | 2.49% | 2.85% |
| 2019 | 9.66% | 0.51% | 5.42% | -0.56% | 2.33% | 1.79% | 0.90% | 7.33% | 0.71% | 0.31% | -2.21% | 0.12% | 28.92% |
| 2018 | -2.43% | -6.97% | 3.51% | -0.05% | 3.24% | 5.53% | 0.64% | 2.82% | -2.60% | -0.42% | 5.83% | -5.94% | 2.21% |
| 2017 | -1.12% | 2.67% | -0.60% | 0.91% |
Expense Ratio
Test US REITs has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, Test US REITs is among the top 22% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
PLD Prologis, Inc. | -0.90 | -1.14 | 0.86 | -0.59 | -2.18 |
AMT American Tower Corporation | 0.41 | 0.75 | 1.10 | 0.29 | 0.91 |
EQIX Equinix, Inc. | -0.14 | -0.02 | 1.00 | -0.15 | -0.55 |
WELL Welltower Inc. | 2.54 | 3.32 | 1.43 | 4.00 | 13.41 |
SPG Simon Property Group, Inc. | -0.07 | 0.07 | 1.01 | -0.07 | -0.36 |
PSA Public Storage | -0.09 | 0.04 | 1.00 | -0.06 | -0.19 |
CCI Crown Castle International Corp. | 0.00 | 0.19 | 1.02 | 0.00 | 0.01 |
DLR Digital Realty Trust, Inc. | -0.06 | 0.12 | 1.02 | -0.05 | -0.15 |
O Realty Income Corporation | 0.23 | 0.43 | 1.05 | 0.17 | 0.48 |
VICI VICI Properties Inc. | 0.31 | 0.55 | 1.07 | 0.37 | 0.99 |
EXR Extra Space Storage Inc. | -0.39 | -0.37 | 0.95 | -0.27 | -0.91 |
IRM Iron Mountain Incorporated | 0.02 | 0.23 | 1.03 | 0.02 | 0.05 |
VTR Ventas, Inc. | 2.31 | 3.13 | 1.42 | 1.60 | 10.46 |
SUI Sun Communities, Inc. | -0.15 | -0.04 | 1.00 | -0.09 | -0.39 |
MAA Mid-America Apartment Communities, Inc. | 1.11 | 1.61 | 1.20 | 0.56 | 4.92 |
Dividends
Dividend yield
Test US REITs provided a 4.21% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.21% | 3.88% | 3.80% | 4.11% | 2.94% | 3.83% | 3.72% | 4.12% | 3.47% | 3.51% | 3.84% | 3.42% |
| Portfolio components: | ||||||||||||
PLD Prologis, Inc. | 4.33% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% | 3.07% |
AMT American Tower Corporation | 3.17% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% | 1.42% |
EQIX Equinix, Inc. | 2.36% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% |
WELL Welltower Inc. | 1.92% | 2.03% | 2.71% | 3.72% | 2.84% | 4.18% | 4.26% | 5.01% | 5.46% | 5.14% | 4.85% | 4.20% |
SPG Simon Property Group, Inc. | 5.88% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% |
PSA Public Storage | 4.51% | 4.01% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% | 3.03% |
CCI Crown Castle International Corp. | 6.60% | 6.90% | 5.43% | 4.41% | 2.62% | 3.10% | 3.22% | 3.94% | 3.51% | 4.15% | 3.87% | 2.38% |
DLR Digital Realty Trust, Inc. | 3.59% | 2.75% | 3.63% | 4.87% | 2.62% | 3.21% | 3.61% | 3.79% | 3.27% | 3.58% | 5.62% | 5.01% |
O Realty Income Corporation | 6.05% | 5.37% | 5.33% | 4.68% | 6.95% | 4.65% | 3.69% | 4.19% | 4.45% | 4.19% | 4.42% | 4.59% |
VICI VICI Properties Inc. | 5.83% | 5.81% | 5.05% | 4.63% | 4.58% | 4.93% | 4.59% | 5.32% | 0.00% | 0.00% | 0.00% | 0.00% |
EXR Extra Space Storage Inc. | 5.12% | 4.33% | 4.04% | 4.08% | 1.98% | 3.11% | 3.37% | 3.71% | 3.57% | 3.79% | 2.54% | 3.09% |
IRM Iron Mountain Incorporated | 3.72% | 3.34% | 3.63% | 4.97% | 4.73% | 8.40% | 7.69% | 7.33% | 5.93% | 6.17% | 7.07% | 6.05% |
VTR Ventas, Inc. | 2.89% | 3.06% | 3.61% | 4.00% | 3.52% | 4.37% | 5.49% | 5.40% | 5.19% | 4.74% | 5.04% | 4.14% |
SUI Sun Communities, Inc. | 3.28% | 3.06% | 2.78% | 2.46% | 1.58% | 2.08% | 2.00% | 2.79% | 2.89% | 3.39% | 3.79% | 4.30% |
MAA Mid-America Apartment Communities, Inc. | 3.95% | 3.80% | 4.16% | 2.98% | 2.25% | 3.16% | 2.91% | 3.86% | 3.46% | 3.35% | 3.39% | 3.91% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Test US REITs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Test US REITs was 39.43%, occurring on Mar 23, 2020. Recovery took 246 trading sessions.
The current Test US REITs drawdown is 15.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.43% | Feb 24, 2020 | 21 | Mar 23, 2020 | 246 | Mar 15, 2021 | 267 |
| -30.61% | Jan 3, 2022 | 198 | Oct 14, 2022 | 466 | Aug 22, 2024 | 664 |
| -17.48% | Nov 29, 2024 | 88 | Apr 8, 2025 | — | — | — |
| -12.56% | Nov 14, 2017 | 59 | Feb 8, 2018 | 97 | Jun 28, 2018 | 156 |
| -11.75% | Dec 7, 2018 | 12 | Dec 24, 2018 | 25 | Jan 31, 2019 | 37 |
Volatility
Volatility Chart
The current Test US REITs volatility is 7.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| SPG | VICI | EQIX | IRM | DLR | VTR | CCI | AMT | WELL | SUI | PSA | EXR | O | PLD | MAA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPG | 1.00 | 0.52 | 0.32 | 0.55 | 0.37 | 0.56 | 0.34 | 0.33 | 0.55 | 0.44 | 0.40 | 0.44 | 0.58 | 0.52 | 0.53 |
| VICI | 0.52 | 1.00 | 0.40 | 0.47 | 0.38 | 0.50 | 0.42 | 0.41 | 0.49 | 0.50 | 0.46 | 0.48 | 0.58 | 0.52 | 0.53 |
| EQIX | 0.32 | 0.40 | 1.00 | 0.48 | 0.74 | 0.38 | 0.58 | 0.61 | 0.38 | 0.48 | 0.49 | 0.48 | 0.46 | 0.60 | 0.50 |
| IRM | 0.55 | 0.47 | 0.48 | 1.00 | 0.52 | 0.49 | 0.45 | 0.44 | 0.49 | 0.44 | 0.50 | 0.51 | 0.54 | 0.55 | 0.55 |
| DLR | 0.37 | 0.38 | 0.74 | 0.52 | 1.00 | 0.44 | 0.57 | 0.57 | 0.44 | 0.50 | 0.50 | 0.52 | 0.50 | 0.59 | 0.53 |
| VTR | 0.56 | 0.50 | 0.38 | 0.49 | 0.44 | 1.00 | 0.43 | 0.44 | 0.82 | 0.54 | 0.50 | 0.49 | 0.64 | 0.52 | 0.61 |
| CCI | 0.34 | 0.42 | 0.58 | 0.45 | 0.57 | 0.43 | 1.00 | 0.80 | 0.46 | 0.55 | 0.57 | 0.55 | 0.56 | 0.59 | 0.55 |
| AMT | 0.33 | 0.41 | 0.61 | 0.44 | 0.57 | 0.44 | 0.80 | 1.00 | 0.47 | 0.55 | 0.56 | 0.56 | 0.55 | 0.59 | 0.56 |
| WELL | 0.55 | 0.49 | 0.38 | 0.49 | 0.44 | 0.82 | 0.46 | 0.47 | 1.00 | 0.56 | 0.51 | 0.51 | 0.65 | 0.55 | 0.62 |
| SUI | 0.44 | 0.50 | 0.48 | 0.44 | 0.50 | 0.54 | 0.55 | 0.55 | 0.56 | 1.00 | 0.59 | 0.60 | 0.63 | 0.64 | 0.67 |
| PSA | 0.40 | 0.46 | 0.49 | 0.50 | 0.50 | 0.50 | 0.57 | 0.56 | 0.51 | 0.59 | 1.00 | 0.81 | 0.60 | 0.61 | 0.64 |
| EXR | 0.44 | 0.48 | 0.48 | 0.51 | 0.52 | 0.49 | 0.55 | 0.56 | 0.51 | 0.60 | 0.81 | 1.00 | 0.61 | 0.65 | 0.66 |
| O | 0.58 | 0.58 | 0.46 | 0.54 | 0.50 | 0.64 | 0.56 | 0.55 | 0.65 | 0.63 | 0.60 | 0.61 | 1.00 | 0.62 | 0.68 |
| PLD | 0.52 | 0.52 | 0.60 | 0.55 | 0.59 | 0.52 | 0.59 | 0.59 | 0.55 | 0.64 | 0.61 | 0.65 | 0.62 | 1.00 | 0.67 |
| MAA | 0.53 | 0.53 | 0.50 | 0.55 | 0.53 | 0.61 | 0.55 | 0.56 | 0.62 | 0.67 | 0.64 | 0.66 | 0.68 | 0.67 | 1.00 |