BBRE vs. PPTY
Compare and contrast key facts about JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and US Diversified Real Estate ETF (PPTY).
BBRE and PPTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBRE is a passively managed fund by JPMorgan Chase that tracks the performance of the MSCI US REIT Index. It was launched on Jun 15, 2018. PPTY is a passively managed fund by Vident that tracks the performance of the USREX - U.S. Diversified Real Estate Index. It was launched on Mar 24, 2018. Both BBRE and PPTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBRE or PPTY.
Key characteristics
| BBRE | PPTY | |
|---|---|---|
| YTD Return | -7.65% | -4.93% |
| 1Y Return | 3.68% | 8.21% |
| 3Y Return (Ann) | -1.23% | -1.86% |
| 5Y Return (Ann) | 2.28% | 2.32% |
| Sharpe Ratio | 0.12 | 0.37 |
| Daily Std Dev | 18.58% | 18.66% |
| Max Drawdown | -43.61% | -41.69% |
| Current Drawdown | -20.79% | -21.01% |
Correlation
The correlation between BBRE and PPTY is 0.96, 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.
Performance
BBRE vs. PPTY - Performance Comparison
In the year-to-date period, BBRE achieves a -7.65% return, which is significantly lower than PPTY's -4.93% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BBRE vs. PPTY - Expense Ratio Comparison
BBRE has a 0.11% expense ratio, which is lower than PPTY's 0.49% expense ratio.
Risk-Adjusted Performance
BBRE vs. PPTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and US Diversified Real Estate ETF (PPTY). 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.
Dividends
BBRE vs. PPTY - Dividend Comparison
BBRE's dividend yield for the trailing twelve months is around 3.75%, less than PPTY's 3.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.75% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% |
PPTY US Diversified Real Estate ETF | 3.97% | 4.08% | 4.29% | 2.87% | 3.43% | 3.30% | 2.15% |
Drawdowns
BBRE vs. PPTY - Drawdown Comparison
The maximum BBRE drawdown since its inception was -43.61%, roughly equal to the maximum PPTY drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for BBRE and PPTY. For additional features, visit the drawdowns tool.
Volatility
BBRE vs. PPTY - Volatility Comparison
JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and US Diversified Real Estate ETF (PPTY) have volatilities of 5.49% and 5.48%, 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.