AVRE vs. IQRA

Last updated Jun 4, 2026

AVRE (Avantis Real Estate ETF) and IQRA (IQ CBRE Real Assets ETF) are both REIT funds. Both are actively managed. Over the past 3 years, AVRE returned 8.26%/yr vs 9.89%/yr for IQRA. Their correlation of 0.92 suggests significant overlap in exposure. AVRE charges 0.17%/yr vs 0.65%/yr for IQRA.

Performance

AVRE vs. IQRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Real Estate ETF (AVRE) and IQ CBRE Real Assets ETF (IQRA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVRE achieves a 7.23% return, which is significantly higher than IQRA's 5.98% return.

AVRE

• 1D: -0.30%
• 1M: -1.25%
• YTD: 7.23%
• 6M: 6.93%
• 1Y: 9.59%
• 3Y*: 8.26%
• 5Y*: —
• 10Y*: —

IQRA

• 1D: -0.25%
• 1M: -2.66%
• YTD: 5.98%
• 6M: 5.90%
• 1Y: 11.28%
• 3Y*: 9.89%
• 5Y*: —
• 10Y*: —

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

AVRE vs. IQRA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVRE Avantis Real Estate ETF	7.23%	8.34%	0.54%	6.73%
IQRA IQ CBRE Real Assets ETF	5.98%	12.42%	5.58%	2.36%

Correlation

The correlation between AVRE and IQRA is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.92

The correlation between AVRE and IQRA has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

AVRE vs. IQRA - Sectors Allocation Comparison

Sectors	AVRE	IQRA
Real Estate	99.3%	51.8%
Financial Services	0.1%	2.2%
Utilities	0.1%	28.7%
Basic Materials	-	-
Communication Services	-	0.5%
Consumer Cyclical	-	1.4%
Consumer Defensive	-	1.5%
Energy	-	6.5%
Healthcare	-	-
Industrials	-	12.6%
Technology	-	-

Return for Risk

AVRE vs. IQRA — Risk / Return Rank

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

AVRE

AVRE Risk / Return Rank: 23
AVRE Sharpe Ratio Rank: 23
AVRE Sortino Ratio Rank: 22
AVRE Omega Ratio Rank: 22
AVRE Calmar Ratio Rank: 22
AVRE Martin Ratio Rank: 27

IQRA

IQRA Risk / Return Rank: 29
IQRA Sharpe Ratio Rank: 30
IQRA Sortino Ratio Rank: 27
IQRA Omega Ratio Rank: 28
IQRA Calmar Ratio Rank: 29
IQRA Martin Ratio Rank: 33

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.

AVRE vs. IQRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Real Estate ETF (AVRE) and IQ CBRE Real Assets ETF (IQRA). 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.

	AVRE	IQRA	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.08	-0.27
Sortino ratio: Return per unit of downside risk	1.18	1.51	-0.33
Omega ratio: Gain probability vs. loss probability	1.15	1.19	-0.05
Calmar ratio: Return relative to maximum drawdown	1.03	1.42	-0.39
Martin ratio: Return relative to average drawdown	3.74	4.92	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVRE vs. IQRA - Sharpe Ratio Comparison

The current AVRE Sharpe Ratio is 0.81, which is comparable to the IQRA Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of AVRE and IQRA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVRE	IQRA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	1.08	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.67	-0.55

Drawdowns

AVRE vs. IQRA - Drawdown Comparison

The maximum AVRE drawdown since its inception was -32.52%, which is greater than IQRA's maximum drawdown of -15.70%. Use the drawdown chart below to compare losses from any high point for AVRE and IQRA.

Drawdown Indicators

	AVRE	IQRA	Difference
Max Drawdown Largest peak-to-trough decline	-32.52%	-15.70%	-16.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-8.01%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	-15.70%	-1.64%
Current Drawdown Current decline from peak	-3.04%	-5.02%	+1.98%
Average Drawdown Average peak-to-trough decline	-14.76%	-3.15%	-11.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.30%	+0.27%

Volatility

AVRE vs. IQRA - Volatility Comparison

Avantis Real Estate ETF (AVRE) and IQ CBRE Real Assets ETF (IQRA) have volatilities of 3.45% and 3.42%, 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

	AVRE	IQRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.42%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	8.96%	8.22%	+0.74%
Volatility (1Y) Calculated over the trailing 1-year period	11.90%	10.53%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.60%	12.86%	+3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	12.86%	+3.74%

AVRE vs. IQRA - Expense Ratio Comparison

AVRE has a 0.17% expense ratio, which is lower than IQRA's 0.65% expense ratio.

Dividends

AVRE vs. IQRA - Dividend Comparison

AVRE's dividend yield for the trailing twelve months is around 3.51%, more than IQRA's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021
AVRE Avantis Real Estate ETF	3.51%	4.30%	3.99%	3.33%	3.78%	0.61%
IQRA IQ CBRE Real Assets ETF	2.81%	2.83%	3.53%	2.14%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVRE and IQRA in my portfolio?

With a correlation of 0.91, AVRE and IQRA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVRE or IQRA?

AVRE has higher volatility (3.45%) compared to IQRA (3.42%). In terms of maximum drawdown, AVRE dropped -32.52% vs IQRA's -15.70%.

Which ETF is better, AVRE or IQRA?

On 3-year performance, IQRA leads with 9.89% vs 8.26% for AVRE. On fees, AVRE is cheaper at 0.17% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVRE or IQRA?

Over the 3-year period, IQRA has performed better with a 9.89% return vs 8.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVRE or IQRA?

AVRE is cheaper with a 0.17% expense ratio, compared with 0.65% for IQRA.

Which ETF pays a higher dividend yield, AVRE or IQRA?

AVRE has the higher dividend yield at 3.51%, compared with 2.81% for IQRA.

What is the main difference between AVRE and IQRA?

They also come from different issuers: Avantis and IndexIQ. Their fees differ too: 0.17% for AVRE and 0.65% for IQRA.

Which has better risk-adjusted returns?

IQRA currently has the higher Sharpe Ratio (1.08 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.