^DWRTF vs. USRT

Last updated Apr 2, 2026

Compare and contrast key facts about Dow Jones U.S. Select REIT Index (^DWRTF) and iShares Core U.S. REIT ETF (USRT).

USRT is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT Equity REITs Index. It was launched on May 4, 2007.

Performance

^DWRTF vs. USRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Select REIT Index (^DWRTF) and iShares Core U.S. REIT ETF (USRT). The values are adjusted to include any dividend payments, if applicable.

^DWRTF vs. USRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^DWRTF Dow Jones U.S. Select REIT Index	4.32%	-0.33%	4.06%	9.32%	-28.53%	41.64%	-14.64%	18.60%	-8.02%	-0.08%
USRT iShares Core U.S. REIT ETF	4.89%	2.44%	8.58%	13.64%	-24.43%	43.26%	-8.06%	25.98%	-4.67%	5.27%

Returns By Period

In the year-to-date period, ^DWRTF achieves a 4.32% return, which is significantly lower than USRT's 4.89% return. Over the past 10 years, ^DWRTF has underperformed USRT with an annualized return of 0.97%, while USRT has yielded a comparatively higher 5.48% annualized return.

^DWRTF

• 1D: 0.67%
• 1M: -6.07%
• YTD: 4.32%
• 6M: 2.39%
• 1Y: 3.82%
• 3Y*: 5.15%
• 5Y*: 1.43%
• 10Y*: 0.97%

USRT

• 1D: 0.59%
• 1M: -5.82%
• YTD: 4.89%
• 6M: 2.81%
• 1Y: 6.45%
• 3Y*: 8.93%
• 5Y*: 5.24%
• 10Y*: 5.48%

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

Return for Risk

^DWRTF vs. USRT — Risk / Return Rank

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

^DWRTF

^DWRTF Risk / Return Rank: 26
^DWRTF Sharpe Ratio Rank: 26
^DWRTF Sortino Ratio Rank: 23
^DWRTF Omega Ratio Rank: 24
^DWRTF Calmar Ratio Rank: 27
^DWRTF Martin Ratio Rank: 31

USRT

USRT Risk / Return Rank: 23
USRT Sharpe Ratio Rank: 22
USRT Sortino Ratio Rank: 22
USRT Omega Ratio Rank: 21
USRT Calmar Ratio Rank: 23
USRT Martin Ratio Rank: 26

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.

^DWRTF vs. USRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Select REIT Index (^DWRTF) and iShares Core U.S. REIT ETF (USRT). 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.

	^DWRTF	USRT	Difference
Sharpe ratio Return per unit of total volatility	0.23	0.38	-0.16
Sortino ratio Return per unit of downside risk	0.43	0.64	-0.21
Omega ratio Gain probability vs. loss probability	1.06	1.09	-0.03
Calmar ratio Return relative to maximum drawdown	0.34	0.50	-0.16
Martin ratio Return relative to average drawdown	1.36	2.07	-0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DWRTF vs. USRT - Sharpe Ratio Comparison

The current ^DWRTF Sharpe Ratio is 0.23, which is lower than the USRT Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of ^DWRTF and USRT, 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

	^DWRTF	USRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.38	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.28	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.26	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.17	+0.03

Correlation

The correlation between ^DWRTF and USRT is 0.97, 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

^DWRTF vs. USRT - Drawdown Comparison

The maximum ^DWRTF drawdown since its inception was -44.52%, smaller than the maximum USRT drawdown of -69.91%. Use the drawdown chart below to compare losses from any high point for ^DWRTF and USRT.

Drawdown Indicators

	^DWRTF	USRT	Difference
Max Drawdown Largest peak-to-trough decline	-44.52%	-69.91%	+25.39%
Max Drawdown (1Y) Largest decline over 1 year	-13.32%	-12.95%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-36.72%	-31.03%	-5.69%
Max Drawdown (10Y) Largest decline over 10 years	-44.52%	-44.38%	-0.14%
Current Drawdown Current decline from peak	-15.47%	-5.82%	-9.65%
Average Drawdown Average peak-to-trough decline	-11.73%	-13.08%	+1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	3.11%	+0.20%

Volatility

^DWRTF vs. USRT - Volatility Comparison

Dow Jones U.S. Select REIT Index (^DWRTF) and iShares Core U.S. REIT ETF (USRT) have volatilities of 4.39% and 4.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DWRTF	USRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	4.51%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.19%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	16.82%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	18.90%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.53%	21.28%	+0.25%