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BBRE vs. WTRE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BBRE vs. WTRE

Last updated Jun 4, 2026

BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) and WTRE (WisdomTree New Economy Real Estate ETF) are both REIT funds - BBRE tracks the MSCI US REIT Index while WTRE tracks the CenterSquare New Economy Real Estate Index. Both are passively managed. Over the past 5 years, BBRE returned 4.42%/yr vs 1.80%/yr for WTRE. A 0.65 correlation means they provide meaningful diversification when combined. BBRE charges 0.11%/yr vs 0.58%/yr for WTRE.

Performance

BBRE vs. WTRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and WisdomTree New Economy Real Estate ETF (WTRE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BBRE achieves a 11.77% return, which is significantly lower than WTRE's 23.34% return.

BBRE

1D
0.16%
1M
-0.16%
YTD
11.77%
6M
10.56%
1Y
14.11%
3Y*
10.99%
5Y*
4.42%
10Y*
—

WTRE

1D
-1.36%
1M
6.43%
YTD
23.34%
6M
23.21%
1Y
46.82%
3Y*
18.73%
5Y*
1.80%
10Y*
3.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BBRE vs. WTRE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BBRE
JPMorgan BetaBuilders MSCI US REIT ETF		11.77%2.09%8.24%13.85%-24.68%42.99%-7.55%26.06%-2.60%
WTRE
WisdomTree New Economy Real Estate ETF		23.34%26.36%-3.27%14.07%-31.68%1.00%-15.74%22.28%-9.64%

Correlation

The correlation between BBRE and WTRE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Jun 19, 2018

0.65

The correlation between BBRE and WTRE shifts across timeframes, from 0.46 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

BBRE vs. WTRE - Sectors Allocation Comparison

Sectors
BBRE
WTRE

Real Estate

98.9%
64.0%

Financial Services

0.1%
5.8%

Basic Materials

-

-

Communication Services

-

14.3%

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Technology

-

11.8%

Utilities

-

-

Real Estate

BBRE
98.9%
WTRE
64.0%

Financial Services

BBRE
0.1%
WTRE
5.8%

Basic Materials

BBRE

-

WTRE

-

Communication Services

BBRE

-

WTRE
14.3%

Consumer Cyclical

BBRE

-

WTRE

-

Consumer Defensive

BBRE

-

WTRE

-

Energy

BBRE

-

WTRE

-

Healthcare

BBRE

-

WTRE

-

Industrials

BBRE

-

WTRE

-

Technology

BBRE

-

WTRE
11.8%

Utilities

BBRE

-

WTRE

-

Compare stocks, funds, or ETFs

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JPMorgan BetaBuilders MSCI US REIT ETF

WisdomTree New Economy Real Estate ETF

Often compared with BBRE:
BBRE vs. VNQBBRE vs. USRTBBRE vs. BBUSBBRE vs. PPTYBBRE vs. DFGRBBRE vs. XLREBBRE vs. SCHH
Often compared with WTRE:
WTRE vs. REMXWTRE vs. PPTYWTRE vs. VNQWTRE vs. USRTWTRE vs. VNQIWTRE vs. UCONWTRE vs. WELL

Return for Risk

BBRE vs. WTRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BBRE
BBRE Risk / Return Rank: 3131
Overall Rank
BBRE Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
BBRE Sortino Ratio Rank: 2727
Sortino Ratio Rank
BBRE Omega Ratio Rank: 2727
Omega Ratio Rank
BBRE Calmar Ratio Rank: 3535
Calmar Ratio Rank
BBRE Martin Ratio Rank: 3535
Martin Ratio Rank
WTRE
WTRE Risk / Return Rank: 6262
Overall Rank
WTRE Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
WTRE Sortino Ratio Rank: 6363
Sortino Ratio Rank
WTRE Omega Ratio Rank: 6060
Omega Ratio Rank
WTRE Calmar Ratio Rank: 6666
Calmar Ratio Rank
WTRE Martin Ratio Rank: 5353
Martin Ratio Rank
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.

BBRE vs. WTRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and WisdomTree New Economy Real Estate ETF (WTRE). 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.

BBREWTREDifference
Sharpe ratioReturn per unit of total volatility
1.06
2.30

-1.25

Sortino ratioReturn per unit of downside risk
1.50
2.98

-1.48

Omega ratioGain probability vs. loss probability

1.19

1.37

-0.18

Calmar ratioReturn relative to maximum drawdown

1.76

3.31

-1.55

Martin ratioReturn relative to average drawdown

5.54

9.18

-3.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBRE vs. WTRE - Sharpe Ratio Comparison

The current BBRE Sharpe Ratio is 1.06, which is lower than the WTRE Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of BBRE and WTRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BBREWTREDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

2.30

-1.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.09

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.21

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.07

+0.25

Drawdowns

BBRE vs. WTRE - Drawdown Comparison

The maximum BBRE drawdown since its inception was -43.61%, smaller than the maximum WTRE drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for BBRE and WTRE.

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Drawdown Indicators

BBREWTREDifference

Max Drawdown

Largest peak-to-trough decline

-43.61%

-74.18%

+30.57%

Max Drawdown (1Y)

Largest decline over 1 year

-8.07%

-14.22%

+6.15%

Max Drawdown (3Y)

Largest decline over 3 years

-18.92%

-22.14%

+3.22%

Max Drawdown (5Y)

Largest decline over 5 years

-31.15%

-43.87%

+12.72%

Max Drawdown (10Y)

Largest decline over 10 years

—

-48.47%

—

Current Drawdown

Current decline from peak

-3.12%

-2.68%

-0.44%

Average Drawdown

Average peak-to-trough decline

-10.53%

-24.98%

+14.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.55%

5.12%

-2.57%

Volatility

BBRE vs. WTRE - Volatility Comparison

The current volatility for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) is 3.99%, while WisdomTree New Economy Real Estate ETF (WTRE) has a volatility of 6.54%. This indicates that BBRE experiences smaller price fluctuations and is considered to be less risky than WTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BBREWTREDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.99%

6.54%

-2.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.47%

15.84%

-6.37%

Volatility (1Y)

Calculated over the trailing 1-year period

13.39%

20.42%

-7.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.77%

19.31%

-0.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.56%

18.49%

+4.07%

BBRE vs. WTRE - Expense Ratio Comparison

BBRE has a 0.11% expense ratio, which is lower than WTRE's 0.58% expense ratio.

Dividends

BBRE vs. WTRE - Dividend Comparison

BBRE's dividend yield for the trailing twelve months is around 2.81%, more than WTRE's 1.97% yield.

PositionTTM20252024202320222021202020192018201720162015
BBRE
JPMorgan BetaBuilders MSCI US REIT ETF		2.81%3.24%3.19%3.68%2.62%1.70%3.17%2.19%1.96%0.00%0.00%0.00%
WTRE
WisdomTree New Economy Real Estate ETF		1.97%2.33%2.69%2.05%1.68%6.47%2.96%7.88%4.49%6.34%5.96%4.58%

Frequently Asked Questions

BBRE and WTRE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WTRE has higher volatility (6.54%) compared to BBRE (3.99%). In terms of maximum drawdown, BBRE dropped -43.61% vs WTRE's -74.18%.

On 5-year performance, BBRE leads with 4.42% vs 1.80% for WTRE. On fees, BBRE is cheaper at 0.11% per year. On volatility, BBRE has been the lower-risk option at 3.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BBRE has performed better with a 4.42% return vs 1.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBRE is cheaper with a 0.11% expense ratio, compared with 0.58% for WTRE.

BBRE has the higher dividend yield at 2.81%, compared with 1.97% for WTRE.

BBRE tracks MSCI US REIT Index, while WTRE tracks CenterSquare New Economy Real Estate Index. They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.11% for BBRE and 0.58% for WTRE.

WTRE currently has the higher Sharpe Ratio (2.30 vs 1.06), 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.

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