^DWRSF vs. SPRE

Last updated Apr 2, 2026

Compare and contrast key facts about Dow Jones U.S. Select Real Estate Securities Index (^DWRSF) and SP Funds S&P Global REIT Sharia ETF (SPRE).

SPRE is a passively managed fund by Toroso Investments that tracks the performance of the S&P Global All Equity REIT Shariah Capped Index. It was launched on Dec 30, 2020.

Performance

^DWRSF vs. SPRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Select Real Estate Securities Index (^DWRSF) and SP Funds S&P Global REIT Sharia ETF (SPRE). The values are adjusted to include any dividend payments, if applicable.

^DWRSF vs. SPRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
^DWRSF Dow Jones U.S. Select Real Estate Securities Index	4.33%	-0.33%	3.98%	9.40%	-28.59%	41.64%	0.87%
SPRE SP Funds S&P Global REIT Sharia ETF	2.19%	3.07%	2.11%	9.40%	-29.48%	44.78%	0.73%

Returns By Period

In the year-to-date period, ^DWRSF achieves a 4.33% return, which is significantly higher than SPRE's 2.19% return.

^DWRSF

• 1D: 0.67%
• 1M: -6.07%
• YTD: 4.33%
• 6M: 2.42%
• 1Y: 3.85%
• 3Y*: 5.15%
• 5Y*: 1.41%
• 10Y*: —

SPRE

• 1D: 1.12%
• 1M: -5.39%
• YTD: 2.19%
• 6M: 3.45%
• 1Y: 5.19%
• 3Y*: 4.08%
• 5Y*: 2.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^DWRSF vs. SPRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^DWRSF

^DWRSF Risk / Return Rank: 25
^DWRSF Sharpe Ratio Rank: 24
^DWRSF Sortino Ratio Rank: 22
^DWRSF Omega Ratio Rank: 23
^DWRSF Calmar Ratio Rank: 25
^DWRSF Martin Ratio Rank: 29

SPRE

SPRE Risk / Return Rank: 20
SPRE Sharpe Ratio Rank: 19
SPRE Sortino Ratio Rank: 19
SPRE Omega Ratio Rank: 19
SPRE Calmar Ratio Rank: 21
SPRE Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^DWRSF vs. SPRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Select Real Estate Securities Index (^DWRSF) and SP Funds S&P Global REIT Sharia ETF (SPRE). 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.

	^DWRSF	SPRE	Difference
Sharpe ratio Return per unit of total volatility	0.23	0.31	-0.08
Sortino ratio Return per unit of downside risk	0.43	0.53	-0.10
Omega ratio Gain probability vs. loss probability	1.06	1.07	-0.01
Calmar ratio Return relative to maximum drawdown	0.34	0.41	-0.07
Martin ratio Return relative to average drawdown	1.36	1.63	-0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DWRSF vs. SPRE - Sharpe Ratio Comparison

The current ^DWRSF Sharpe Ratio is 0.23, which is comparable to the SPRE Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of ^DWRSF and SPRE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^DWRSF	SPRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.31	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.14	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.20	-0.08

Correlation

The correlation between ^DWRSF and SPRE is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^DWRSF vs. SPRE - Drawdown Comparison

The maximum ^DWRSF drawdown since its inception was -44.52%, which is greater than SPRE's maximum drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for ^DWRSF and SPRE.

Drawdown Indicators

	^DWRSF	SPRE	Difference
Max Drawdown Largest peak-to-trough decline	-44.52%	-38.34%	-6.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.33%	-14.01%	+0.68%
Max Drawdown (5Y) Largest decline over 5 years	-36.72%	-38.34%	+1.62%
Current Drawdown Current decline from peak	-15.54%	-17.03%	+1.49%
Average Drawdown Average peak-to-trough decline	-15.19%	-18.12%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	3.52%	-0.20%

Volatility

^DWRSF vs. SPRE - Volatility Comparison

The current volatility for Dow Jones U.S. Select Real Estate Securities Index (^DWRSF) is 4.39%, while SP Funds S&P Global REIT Sharia ETF (SPRE) has a volatility of 4.85%. This indicates that ^DWRSF experiences smaller price fluctuations and is considered to be less risky than SPRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DWRSF	SPRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	4.85%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.11%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	17.02%	16.67%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.08%	18.69%	+0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.21%	18.53%	+4.68%