BBRE vs. USRT
Compare and contrast key facts about JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and iShares Core U.S. REIT ETF (USRT).
BBRE and USRT 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. 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. Both BBRE and USRT 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 USRT.
Key characteristics
| BBRE | USRT | |
|---|---|---|
| YTD Return | -7.65% | -7.46% |
| 1Y Return | 3.68% | 3.83% |
| 3Y Return (Ann) | -1.23% | -1.08% |
| 5Y Return (Ann) | 2.28% | 2.30% |
| Sharpe Ratio | 0.12 | 0.13 |
| Daily Std Dev | 18.58% | 18.74% |
| Max Drawdown | -43.61% | -69.89% |
| Current Drawdown | -20.79% | -20.53% |
Correlation
The correlation between BBRE 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.
Performance
BBRE vs. USRT - Performance Comparison
The year-to-date returns for both investments are quite close, with BBRE having a -7.65% return and USRT slightly higher at -7.46%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBRE vs. USRT - Expense Ratio Comparison
BBRE has a 0.11% expense ratio, which is higher than USRT's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BBRE vs. USRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) 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.
Dividends
BBRE vs. USRT - Dividend Comparison
BBRE's dividend yield for the trailing twelve months is around 3.75%, more than USRT's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.75% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USRT iShares Core U.S. REIT ETF | 3.40% | 3.18% | 3.46% | 2.27% | 3.12% | 3.34% | 5.66% | 3.44% | 3.98% | 3.59% | 3.46% | 3.84% |
Drawdowns
BBRE vs. USRT - Drawdown Comparison
The maximum BBRE drawdown since its inception was -43.61%, smaller than the maximum USRT drawdown of -69.89%. Use the drawdown chart below to compare losses from any high point for BBRE and USRT. For additional features, visit the drawdowns tool.
Volatility
BBRE vs. USRT - Volatility Comparison
The current volatility for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) is 5.49%, while iShares Core U.S. REIT ETF (USRT) has a volatility of 5.79%. This indicates that BBRE experiences smaller price fluctuations and is considered to be less risky than USRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.