Test US REITS 2
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AGNC AGNC Investment Corp. | Real Estate | 6.67% |
ARI Apollo Commercial Real Estate Finance, Inc. | Real Estate | 6.67% |
ARR ARMOUR Residential REIT, Inc. | Real Estate | 6.67% |
BRX Brixmor Property Group Inc. | Real Estate | 6.67% |
CIM Chimera Investment Corporation | Real Estate | 6.67% |
CPT Camden Property Trust | Real Estate | 6.67% |
CUBE CubeSmart | Real Estate | 6.67% |
ESS Essex Property Trust, Inc. | Real Estate | 6.67% |
GLPI Gaming and Leisure Properties, Inc. | Real Estate | 6.67% |
IIPR Innovative Industrial Properties, Inc. | Real Estate | 6.67% |
KIM Kimco Realty Corporation | Real Estate | 6.67% |
OHI Omega Healthcare Investors, Inc. | Real Estate | 6.67% |
STAG STAG Industrial, Inc. | Real Estate | 6.67% |
STWD Starwood Property Trust, Inc. | Real Estate | 6.67% |
UDR UDR, Inc. | Real Estate | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Test US REITS 2, 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 Dec 1, 2016, corresponding to the inception date of IIPR
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| Test US REITS 2 | -5.71% | -8.02% | -22.20% | 0.64% | 8.97% | N/A |
| Portfolio components: | ||||||
ESS Essex Property Trust, Inc. | -1.90% | -7.12% | -4.83% | 22.47% | 4.70% | 5.43% |
GLPI Gaming and Leisure Properties, Inc. | 4.43% | -2.08% | 0.15% | 25.38% | 20.10% | 10.01% |
UDR UDR, Inc. | -2.85% | -3.90% | -4.84% | 21.77% | 5.07% | 6.07% |
KIM Kimco Realty Corporation | -11.09% | -1.72% | -14.02% | 22.31% | 23.03% | 2.77% |
CPT Camden Property Trust | -2.40% | -5.30% | -4.25% | 22.01% | 8.59% | 8.11% |
CUBE CubeSmart | -5.37% | -5.30% | -18.74% | -1.91% | 13.78% | 9.75% |
OHI Omega Healthcare Investors, Inc. | 3.74% | 0.97% | -2.03% | 38.58% | 12.66% | 8.39% |
STAG STAG Industrial, Inc. | -0.94% | -6.19% | -12.02% | -0.86% | 9.44% | 9.39% |
BRX Brixmor Property Group Inc. | -6.27% | -0.88% | -6.17% | 26.89% | 27.30% | 5.44% |
STWD Starwood Property Trust, Inc. | 0.37% | -5.47% | -3.81% | 7.74% | 19.20% | 7.04% |
AGNC AGNC Investment Corp. | -6.10% | -18.71% | -14.12% | 6.91% | 5.00% | 2.65% |
IIPR Innovative Industrial Properties, Inc. | -20.17% | -18.56% | -58.69% | -39.66% | -0.78% | N/A |
ARI Apollo Commercial Real Estate Finance, Inc. | -1.02% | -14.02% | -0.86% | -9.92% | 13.08% | 4.39% |
CIM Chimera Investment Corporation | -16.28% | -14.26% | -25.63% | 6.33% | -2.00% | -2.19% |
ARR ARMOUR Residential REIT, Inc. | -19.84% | -22.65% | -22.87% | -4.83% | -6.74% | -7.89% |
Monthly Returns
The table below presents the monthly returns of Test US REITS 2, 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 | 1.23% | 4.04% | -4.57% | -6.18% | -5.71% | ||||||||
| 2024 | -5.68% | 1.83% | 4.65% | -4.32% | 3.95% | 3.73% | 8.69% | 4.78% | 2.82% | -3.94% | -1.37% | -14.03% | -1.10% |
| 2023 | 4.70% | -3.41% | -5.77% | -1.04% | -2.67% | 8.25% | 2.95% | 0.24% | -6.64% | -5.44% | 8.41% | 13.22% | 11.11% |
| 2022 | -12.25% | -4.98% | 6.95% | -15.35% | -3.94% | -9.75% | 5.34% | -5.48% | -11.17% | 11.74% | 6.30% | -7.43% | -36.37% |
| 2021 | 1.12% | 7.06% | 0.44% | 5.79% | 0.35% | 3.84% | 6.67% | 6.14% | -4.74% | 9.10% | -2.11% | 4.47% | 44.21% |
| 2020 | 5.35% | -5.82% | -30.89% | 7.02% | 4.53% | 5.89% | 5.98% | 5.69% | -0.67% | -2.17% | 20.03% | 9.18% | 15.88% |
| 2019 | 14.02% | 3.57% | 4.18% | 0.56% | -1.15% | 12.11% | -2.85% | -2.82% | 3.83% | -1.58% | -0.33% | 0.63% | 32.66% |
| 2018 | -5.98% | -5.71% | 5.35% | 3.31% | 4.99% | 2.37% | 0.47% | 5.31% | -0.36% | -2.97% | 6.23% | -6.70% | 5.15% |
| 2017 | 0.21% | 3.29% | 0.07% | 2.22% | -0.99% | 1.65% | 1.97% | 0.61% | 0.89% | -1.40% | 0.08% | 5.51% | 14.86% |
| 2016 | 3.97% | 3.97% |
Expense Ratio
Test US REITS 2 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
The current rank of Test US REITS 2 is 53, indicating average performance compared to other portfolios on our website. Here’s 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 | |
|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 0.95 | 1.37 | 1.18 | 0.75 | 3.99 |
GLPI Gaming and Leisure Properties, Inc. | 1.37 | 1.93 | 1.25 | 1.47 | 7.43 |
UDR UDR, Inc. | 1.00 | 1.46 | 1.19 | 0.61 | 3.94 |
KIM Kimco Realty Corporation | 0.96 | 1.44 | 1.18 | 0.84 | 2.53 |
CPT Camden Property Trust | 1.03 | 1.50 | 1.19 | 0.53 | 4.18 |
CUBE CubeSmart | -0.08 | 0.06 | 1.01 | -0.06 | -0.14 |
OHI Omega Healthcare Investors, Inc. | 1.86 | 2.53 | 1.33 | 2.80 | 6.29 |
STAG STAG Industrial, Inc. | -0.13 | -0.02 | 1.00 | -0.11 | -0.32 |
BRX Brixmor Property Group Inc. | 1.16 | 1.73 | 1.23 | 1.20 | 3.67 |
STWD Starwood Property Trust, Inc. | 0.38 | 0.65 | 1.09 | 0.62 | 1.81 |
AGNC AGNC Investment Corp. | 0.38 | 0.61 | 1.09 | 0.26 | 1.35 |
IIPR Innovative Industrial Properties, Inc. | -0.92 | -1.12 | 0.82 | -0.51 | -1.38 |
ARI Apollo Commercial Real Estate Finance, Inc. | -0.33 | -0.28 | 0.96 | -0.38 | -0.79 |
CIM Chimera Investment Corporation | 0.19 | 0.52 | 1.07 | 0.10 | 0.65 |
ARR ARMOUR Residential REIT, Inc. | -0.18 | -0.09 | 0.99 | -0.06 | -0.51 |
Dividends
Dividend yield
Test US REITS 2 provided a 8.79% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 8.79% | 7.72% | 8.48% | 8.64% | 5.63% | 6.49% | 6.33% | 7.23% | 6.46% | 7.18% | 7.05% | 9.44% |
| Portfolio components: | ||||||||||||
ESS Essex Property Trust, Inc. | 3.60% | 2.57% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% | 2.47% |
GLPI Gaming and Leisure Properties, Inc. | 6.14% | 6.31% | 6.38% | 5.38% | 5.96% | 3.63% | 6.36% | 7.95% | 6.76% | 7.58% | 7.84% | 48.81% |
UDR UDR, Inc. | 4.13% | 3.90% | 4.28% | 3.88% | 2.42% | 3.70% | 2.90% | 3.23% | 3.18% | 3.19% | 2.91% | 3.29% |
KIM Kimco Realty Corporation | 4.76% | 4.14% | 4.79% | 3.97% | 2.76% | 3.60% | 5.41% | 7.65% | 6.01% | 4.11% | 3.68% | 3.64% |
CPT Camden Property Trust | 3.69% | 3.55% | 4.03% | 3.36% | 1.86% | 3.32% | 3.02% | 3.50% | 3.26% | 8.62% | 3.65% | 3.58% |
CUBE CubeSmart | 5.21% | 3.57% | 4.27% | 4.42% | 2.55% | 3.96% | 4.10% | 4.25% | 3.84% | 3.36% | 2.25% | 2.49% |
OHI Omega Healthcare Investors, Inc. | 6.95% | 7.08% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% | 5.17% |
STAG STAG Industrial, Inc. | 4.47% | 4.38% | 3.74% | 4.52% | 3.02% | 4.60% | 4.53% | 5.71% | 5.14% | 5.82% | 7.40% | 5.27% |
BRX Brixmor Property Group Inc. | 4.39% | 3.92% | 4.47% | 4.23% | 3.38% | 3.44% | 5.18% | 7.49% | 5.57% | 4.01% | 3.49% | 2.93% |
STWD Starwood Property Trust, Inc. | 10.34% | 10.13% | 9.13% | 10.47% | 7.90% | 9.95% | 7.72% | 9.74% | 8.99% | 8.75% | 9.34% | 8.26% |
AGNC AGNC Investment Corp. | 17.27% | 15.64% | 14.68% | 13.91% | 9.57% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% | 11.96% |
IIPR Innovative Industrial Properties, Inc. | 14.73% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% |
ARI Apollo Commercial Real Estate Finance, Inc. | 13.17% | 13.86% | 11.93% | 13.01% | 10.64% | 12.98% | 10.06% | 11.04% | 9.97% | 11.07% | 10.33% | 9.78% |
CIM Chimera Investment Corporation | 12.82% | 10.14% | 14.03% | 20.36% | 8.55% | 13.66% | 9.73% | 11.22% | 10.82% | 14.34% | 14.08% | 17.61% |
ARR ARMOUR Residential REIT, Inc. | 20.14% | 15.27% | 25.88% | 21.31% | 12.23% | 11.12% | 12.09% | 11.12% | 8.86% | 13.92% | 17.88% | 16.34% |
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 2. 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 2 was 51.32%, occurring on Mar 18, 2020. Recovery took 189 trading sessions.
The current Test US REITS 2 drawdown is 15.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.32% | Feb 21, 2020 | 19 | Mar 18, 2020 | 189 | Dec 15, 2020 | 208 |
| -45.23% | Nov 16, 2021 | 490 | Oct 27, 2023 | — | — | — |
| -12.87% | Jan 3, 2018 | 26 | Feb 8, 2018 | 76 | May 30, 2018 | 102 |
| -11.06% | Dec 7, 2018 | 12 | Dec 24, 2018 | 16 | Jan 17, 2019 | 28 |
| -10.78% | Jul 12, 2019 | 76 | Oct 28, 2019 | 73 | Feb 12, 2020 | 149 |
Volatility
Volatility Chart
The current Test US REITS 2 volatility is 10.96%, 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
| IIPR | CUBE | AGNC | OHI | ARR | GLPI | CIM | ARI | STWD | CPT | STAG | ESS | KIM | BRX | UDR | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IIPR | 1.00 | 0.30 | 0.33 | 0.28 | 0.33 | 0.39 | 0.36 | 0.36 | 0.37 | 0.33 | 0.40 | 0.36 | 0.36 | 0.36 | 0.33 |
| CUBE | 0.30 | 1.00 | 0.31 | 0.45 | 0.31 | 0.49 | 0.33 | 0.34 | 0.37 | 0.62 | 0.61 | 0.59 | 0.51 | 0.50 | 0.62 |
| AGNC | 0.33 | 0.31 | 1.00 | 0.36 | 0.73 | 0.39 | 0.71 | 0.60 | 0.64 | 0.35 | 0.39 | 0.36 | 0.43 | 0.43 | 0.37 |
| OHI | 0.28 | 0.45 | 0.36 | 1.00 | 0.37 | 0.52 | 0.41 | 0.41 | 0.41 | 0.52 | 0.53 | 0.51 | 0.56 | 0.56 | 0.54 |
| ARR | 0.33 | 0.31 | 0.73 | 0.37 | 1.00 | 0.39 | 0.71 | 0.61 | 0.61 | 0.35 | 0.39 | 0.37 | 0.43 | 0.45 | 0.40 |
| GLPI | 0.39 | 0.49 | 0.39 | 0.52 | 0.39 | 1.00 | 0.44 | 0.45 | 0.47 | 0.52 | 0.56 | 0.52 | 0.55 | 0.55 | 0.54 |
| CIM | 0.36 | 0.33 | 0.71 | 0.41 | 0.71 | 0.44 | 1.00 | 0.71 | 0.70 | 0.40 | 0.46 | 0.41 | 0.50 | 0.52 | 0.43 |
| ARI | 0.36 | 0.34 | 0.60 | 0.41 | 0.61 | 0.45 | 0.71 | 1.00 | 0.77 | 0.40 | 0.48 | 0.43 | 0.53 | 0.55 | 0.45 |
| STWD | 0.37 | 0.37 | 0.64 | 0.41 | 0.61 | 0.47 | 0.70 | 0.77 | 1.00 | 0.46 | 0.48 | 0.47 | 0.55 | 0.57 | 0.50 |
| CPT | 0.33 | 0.62 | 0.35 | 0.52 | 0.35 | 0.52 | 0.40 | 0.40 | 0.46 | 1.00 | 0.65 | 0.80 | 0.57 | 0.58 | 0.85 |
| STAG | 0.40 | 0.61 | 0.39 | 0.53 | 0.39 | 0.56 | 0.46 | 0.48 | 0.48 | 0.65 | 1.00 | 0.63 | 0.58 | 0.59 | 0.65 |
| ESS | 0.36 | 0.59 | 0.36 | 0.51 | 0.37 | 0.52 | 0.41 | 0.43 | 0.47 | 0.80 | 0.63 | 1.00 | 0.58 | 0.56 | 0.88 |
| KIM | 0.36 | 0.51 | 0.43 | 0.56 | 0.43 | 0.55 | 0.50 | 0.53 | 0.55 | 0.57 | 0.58 | 0.58 | 1.00 | 0.88 | 0.62 |
| BRX | 0.36 | 0.50 | 0.43 | 0.56 | 0.45 | 0.55 | 0.52 | 0.55 | 0.57 | 0.58 | 0.59 | 0.56 | 0.88 | 1.00 | 0.62 |
| UDR | 0.33 | 0.62 | 0.37 | 0.54 | 0.40 | 0.54 | 0.43 | 0.45 | 0.50 | 0.85 | 0.65 | 0.88 | 0.62 | 0.62 | 1.00 |