AVRE vs. VRAI

Last updated Jun 4, 2026

AVRE (Avantis Real Estate ETF) and VRAI (Virtus Real Asset Income ETF) are both REIT funds. AVRE is actively managed, while VRAI is passively managed. Over the past 3 years, AVRE returned 8.26%/yr vs 11.98%/yr for VRAI. A 0.72 correlation means they provide meaningful diversification when combined. AVRE charges 0.17%/yr vs 0.55%/yr for VRAI.

Performance

AVRE vs. VRAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Real Estate ETF (AVRE) and Virtus Real Asset Income ETF (VRAI). 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 lower than VRAI's 21.11% return.

AVRE

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

VRAI

• 1D: -0.11%
• 1M: -0.41%
• YTD: 21.11%
• 6M: 17.67%
• 1Y: 26.70%
• 3Y*: 11.98%
• 5Y*: 5.40%
• 10Y*: —

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

AVRE vs. VRAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVRE Avantis Real Estate ETF	7.23%	8.34%	0.54%	9.10%	-23.70%	13.16%
VRAI Virtus Real Asset Income ETF	21.11%	6.67%	2.66%	6.12%	-9.96%	8.17%

Correlation

The correlation between AVRE and VRAI is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.72

The correlation between AVRE and VRAI shifts across timeframes, from 0.55 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

AVRE vs. VRAI - Sectors Allocation Comparison

Sectors	AVRE	VRAI
Real Estate	99.3%	33.6%
Financial Services	0.1%	-
Utilities	0.1%	18.0%
Basic Materials	-	7.7%
Communication Services	-	2.7%
Consumer Cyclical	-	-
Consumer Defensive	-	1.9%
Energy	-	32.4%
Healthcare	-	-
Industrials	-	-
Technology	-	1.3%

Return for Risk

AVRE vs. VRAI — 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

VRAI

VRAI Risk / Return Rank: 76
VRAI Sharpe Ratio Rank: 68
VRAI Sortino Ratio Rank: 70
VRAI Omega Ratio Rank: 65
VRAI Calmar Ratio Rank: 90
VRAI Martin Ratio Rank: 85

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. VRAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Real Estate ETF (AVRE) and Virtus Real Asset Income ETF (VRAI). 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	VRAI	Difference
Sharpe ratio: Return per unit of total volatility	0.81	2.27	-1.46
Sortino ratio: Return per unit of downside risk	1.18	3.22	-2.04
Omega ratio: Gain probability vs. loss probability	1.15	1.39	-0.25
Calmar ratio: Return relative to maximum drawdown	1.03	5.57	-4.54
Martin ratio: Return relative to average drawdown	3.74	17.57	-13.83
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. VRAI - Sharpe Ratio Comparison

The current AVRE Sharpe Ratio is 0.81, which is lower than the VRAI Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of AVRE and VRAI, 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	VRAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	2.27	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.29	-0.16

Drawdowns

AVRE vs. VRAI - Drawdown Comparison

The maximum AVRE drawdown since its inception was -32.52%, smaller than the maximum VRAI drawdown of -47.51%. Use the drawdown chart below to compare losses from any high point for AVRE and VRAI.

Drawdown Indicators

	AVRE	VRAI	Difference
Max Drawdown Largest peak-to-trough decline	-32.52%	-47.51%	+14.99%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-4.82%	-4.56%
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	-16.89%	-0.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.71%	—
Current Drawdown Current decline from peak	-3.04%	-1.02%	-2.02%
Average Drawdown Average peak-to-trough decline	-14.76%	-10.10%	-4.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	1.53%	+1.04%

Volatility

AVRE vs. VRAI - Volatility Comparison

Avantis Real Estate ETF (AVRE) and Virtus Real Asset Income ETF (VRAI) have volatilities of 3.45% and 3.50%, 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	VRAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.50%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	8.96%	8.45%	+0.51%
Volatility (1Y) Calculated over the trailing 1-year period	11.90%	11.86%	+0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.60%	16.64%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	22.13%	-5.53%

AVRE vs. VRAI - Expense Ratio Comparison

AVRE has a 0.17% expense ratio, which is lower than VRAI's 0.55% expense ratio.

Dividends

AVRE vs. VRAI - Dividend Comparison

AVRE's dividend yield for the trailing twelve months is around 3.51%, more than VRAI's 3.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVRE Avantis Real Estate ETF	3.51%	4.30%	3.99%	3.33%	3.78%	0.61%	0.00%	0.00%
VRAI Virtus Real Asset Income ETF	3.23%	4.68%	7.13%	5.02%	4.48%	3.34%	3.91%	2.80%

Frequently Asked Questions

Can I hold both AVRE and VRAI in my portfolio?

AVRE and VRAI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVRE or VRAI?

VRAI has higher volatility (3.50%) compared to AVRE (3.45%). In terms of maximum drawdown, AVRE dropped -32.52% vs VRAI's -47.51%.

Which ETF is better, AVRE or VRAI?

On 3-year performance, VRAI leads with 11.98% 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 VRAI?

Over the 3-year period, VRAI has performed better with a 11.98% 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 VRAI?

AVRE is cheaper with a 0.17% expense ratio, compared with 0.55% for VRAI.

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

AVRE has the higher dividend yield at 3.51%, compared with 3.23% for VRAI.

What is the main difference between AVRE and VRAI?

They also come from different issuers: Avantis and Virtus Investment Partners. Their fees differ too: 0.17% for AVRE and 0.55% for VRAI.

Which has better risk-adjusted returns?

VRAI currently has the higher Sharpe Ratio (2.27 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.