CLIM vs. URE

Last updated Jul 8, 2026

CLIM (Climate Global - Climate-Resilient REIT Index ETF) and URE (ProShares Ultra Real Estate) are both REIT funds - CLIM tracks the Climate Global Climate-Resilient REIT Index (CLIMX) while URE tracks the Dow Jones U.S. Real Estate Index (200%). Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. CLIM charges 0.90%/yr vs 0.95%/yr for URE.

Performance

CLIM vs. URE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Climate Global - Climate-Resilient REIT Index ETF (CLIM) and ProShares Ultra Real Estate (URE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLIM

• 1D: 0.97%
• 1M: 4.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

URE

• 1D: 2.83%
• 1M: 2.08%
• 6M: 20.33%
• YTD: 22.47%
• 1Y: 16.06%
• 3Y*: 9.37%
• 5Y*: -3.16%
• 10Y*: 2.32%

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

CLIM vs. URE - Yearly Performance Comparison

	2026 (YTD)
CLIM Climate Global - Climate-Resilient REIT Index ETF	11.62%
URE ProShares Ultra Real Estate	12.70%

Correlation

The correlation between CLIM and URE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.92

Return for Risk

CLIM vs. URE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

URE

URE Risk / Return Rank: 20
URE Sharpe Ratio Rank: 19
URE Sortino Ratio Rank: 19
URE Omega Ratio Rank: 19
URE Calmar Ratio Rank: 23
URE Martin Ratio Rank: 22

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.

CLIM vs. URE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Climate Global - Climate-Resilient REIT Index ETF (CLIM) and ProShares Ultra Real Estate (URE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLIM	URE	Difference
Sharpe ratio: Return per unit of total volatility	—	0.57	—
Sortino ratio: Return per unit of downside risk	—	0.94	—
Omega ratio: Gain probability vs. loss probability	—	1.12	—
Calmar ratio: Return relative to maximum drawdown	—	0.98	—
Martin ratio: Return relative to average drawdown	—	2.36	—

Drawdowns

CLIM vs. URE - Drawdown Comparison

The maximum CLIM drawdown since its inception was -6.41%, smaller than the maximum URE drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for CLIM and URE.

Drawdown Indicators

	CLIM	URE	Difference
Max Drawdown Largest peak-to-trough decline	-6.41%	-97.16%	+90.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-70.49%	—
Current Drawdown Current decline from peak	0.00%	-49.15%	+49.15%
Average Drawdown Average peak-to-trough decline	-1.45%	-64.44%	+62.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.81%	—

Volatility

Volatility by Period

	CLIM	URE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	28.20%	-12.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	37.52%	-21.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	40.64%	-24.69%

CLIM vs. URE - Expense Ratio Comparison

CLIM has a 0.90% expense ratio, which is lower than URE's 0.95% expense ratio.

Dividends

CLIM vs. URE - Dividend Comparison

CLIM's dividend yield for the trailing twelve months is around 1.14%, less than URE's 1.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLIM Climate Global - Climate-Resilient REIT Index ETF	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URE ProShares Ultra Real Estate	1.99%	2.42%	2.09%	1.32%	1.26%	0.58%	0.94%	1.10%	1.53%	0.93%	0.96%	0.81%

Frequently Asked Questions

Can I hold both CLIM and URE in my portfolio?

With a correlation of 0.92, CLIM and URE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CLIM or URE?

On fees, CLIM is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLIM or URE?

CLIM is cheaper with a 0.90% expense ratio, compared with 0.95% for URE.

Which ETF pays a higher dividend yield, CLIM or URE?

URE has the higher dividend yield at 1.99%, compared with 1.14% for CLIM.

What is the main difference between CLIM and URE?

CLIM tracks Climate Global Climate-Resilient REIT Index (CLIMX), while URE tracks Dow Jones U.S. Real Estate Index (200%). They also come from different issuers: Climate Global and ProShares. Their fees differ too: 0.90% for CLIM and 0.95% for URE.