BLRYX vs. REET
Compare and contrast key facts about Brookfield Global Listed Real Estate Fund (BLRYX) and iShares Global REIT ETF (REET).
BLRYX is managed by Brookfield Investment Funds. It was launched on Nov 29, 2011. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLRYX or REET.
Key characteristics
| BLRYX | REET | |
|---|---|---|
| YTD Return | -7.24% | -7.04% |
| 1Y Return | -1.24% | 1.89% |
| 3Y Return (Ann) | -5.98% | -3.21% |
| 5Y Return (Ann) | -1.90% | -0.00% |
| Sharpe Ratio | -0.12 | 0.05 |
| Daily Std Dev | 16.42% | 17.12% |
| Max Drawdown | -43.17% | -44.59% |
| Current Drawdown | -23.36% | -22.19% |
Correlation
The correlation between BLRYX and REET is 0.94, 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
BLRYX vs. REET - Performance Comparison
The year-to-date returns for both investments are quite close, with BLRYX having a -7.24% return and REET slightly higher at -7.04%. 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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BLRYX vs. REET - Expense Ratio Comparison
BLRYX has a 0.95% expense ratio, which is higher than REET's 0.14% expense ratio.
Risk-Adjusted Performance
BLRYX vs. REET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Global Listed Real Estate Fund (BLRYX) and iShares Global REIT ETF (REET). 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
BLRYX vs. REET - Dividend Comparison
BLRYX's dividend yield for the trailing twelve months is around 2.92%, less than REET's 3.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLRYX Brookfield Global Listed Real Estate Fund | 2.92% | 1.87% | 2.08% | 2.25% | 3.59% | 4.91% | 4.32% | 3.92% | 6.25% | 4.08% | 6.43% | 6.42% |
REET iShares Global REIT ETF | 3.45% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.30% | 3.56% | 2.11% | 0.00% |
Drawdowns
BLRYX vs. REET - Drawdown Comparison
The maximum BLRYX drawdown since its inception was -43.17%, roughly equal to the maximum REET drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for BLRYX and REET. For additional features, visit the drawdowns tool.
Volatility
BLRYX vs. REET - Volatility Comparison
Brookfield Global Listed Real Estate Fund (BLRYX) and iShares Global REIT ETF (REET) have volatilities of 5.36% and 5.61%, 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.