CSRE vs. LPRE

Last updated Jul 15, 2026

CSRE (Cohen & Steers Real Estate Active ETF) and LPRE (Long Pond Real Estate Select ETF) are both REIT funds. Both are actively managed. Over the past year, CSRE returned 13.06% vs 16.74% for LPRE. A 0.80 correlation means they provide meaningful diversification when combined. CSRE charges 0.70%/yr vs 1.00%/yr for LPRE.

Performance

CSRE vs. LPRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Real Estate Active ETF (CSRE) and Long Pond Real Estate Select ETF (LPRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CSRE having a 14.08% return and LPRE slightly lower at 13.69%.

CSRE

• 1D: -0.17%
• 1M: 0.21%
• 6M: 11.73%
• YTD: 14.08%
• 1Y: 13.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LPRE

• 1D: -0.27%
• 1M: -0.26%
• 6M: 11.97%
• YTD: 13.69%
• 1Y: 16.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSRE vs. LPRE - Yearly Performance Comparison

	2026 (YTD)	2025
CSRE Cohen & Steers Real Estate Active ETF	14.08%	3.88%
LPRE Long Pond Real Estate Select ETF	13.69%	16.34%

Correlation

The correlation between CSRE and LPRE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.80

The correlation between CSRE and LPRE has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

Return for Risk

CSRE vs. LPRE — Risk / Return Rank

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

CSRE

CSRE Risk / Return Rank: 34
CSRE Sharpe Ratio Rank: 32
CSRE Sortino Ratio Rank: 30
CSRE Omega Ratio Rank: 30
CSRE Calmar Ratio Rank: 37
CSRE Martin Ratio Rank: 40

LPRE

LPRE Risk / Return Rank: 38
LPRE Sharpe Ratio Rank: 37
LPRE Sortino Ratio Rank: 38
LPRE Omega Ratio Rank: 34
LPRE Calmar Ratio Rank: 39
LPRE Martin Ratio Rank: 43

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.

CSRE vs. LPRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Estate Active ETF (CSRE) and Long Pond Real Estate Select ETF (LPRE). 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.

	CSRE	LPRE	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.08	-0.12
Sortino ratio: Return per unit of downside risk	1.37	1.65	-0.29
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio: Return relative to maximum drawdown	1.55	1.63	-0.07
Martin ratio: Return relative to average drawdown	4.99	5.57	-0.58

CSRE vs. LPRE - Sharpe Ratio Comparison

The current CSRE Sharpe Ratio is 0.96, which is comparable to the LPRE Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CSRE and LPRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSRE vs. LPRE - Drawdown Comparison

The maximum CSRE drawdown since its inception was -13.03%, which is greater than LPRE's maximum drawdown of -10.33%. Use the drawdown chart below to compare losses from any high point for CSRE and LPRE.

Drawdown Indicators

	CSRE	LPRE	Difference
Max Drawdown Largest peak-to-trough decline	-13.03%	-10.33%	-2.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-10.33%	+1.89%
Current Drawdown Current decline from peak	-0.79%	-2.07%	+1.28%
Average Drawdown Average peak-to-trough decline	-2.19%	-2.04%	-0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	3.02%	-0.40%

Volatility

CSRE vs. LPRE - Volatility Comparison

Cohen & Steers Real Estate Active ETF (CSRE) and Long Pond Real Estate Select ETF (LPRE) have volatilities of 4.59% and 4.51%, 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.

Volatility by Period

	CSRE	LPRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	4.51%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.70%	11.19%	-0.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	15.54%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.54%	17.92%	-2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	17.92%	-2.38%

CSRE vs. LPRE - Expense Ratio Comparison

CSRE has a 0.70% expense ratio, which is lower than LPRE's 1.00% expense ratio.

Dividends

CSRE vs. LPRE - Dividend Comparison

CSRE's dividend yield for the trailing twelve months is around 2.17%, more than LPRE's 1.68% yield.

Position	TTM	2025
CSRE Cohen & Steers Real Estate Active ETF	2.17%	2.71%
LPRE Long Pond Real Estate Select ETF	1.68%	0.93%

Frequently Asked Questions

Can I hold both CSRE and LPRE in my portfolio?

CSRE and LPRE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSRE or LPRE?

CSRE has higher volatility (4.59%) compared to LPRE (4.51%). In terms of maximum drawdown, CSRE dropped -13.03% vs LPRE's -10.33%.

Which ETF is better, CSRE or LPRE?

On 1-year performance, LPRE leads with 16.74% vs 13.06% for CSRE. On fees, CSRE is cheaper at 0.70% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSRE or LPRE?

Over the 1-year period, LPRE has performed better with a 16.74% return vs 13.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSRE or LPRE?

CSRE is cheaper with a 0.70% expense ratio, compared with 1.00% for LPRE.

Which ETF pays a higher dividend yield, CSRE or LPRE?

CSRE has the higher dividend yield at 2.17%, compared with 1.68% for LPRE.

What is the main difference between CSRE and LPRE?

They also come from different issuers: Cohen & Steers and Long Pond. Their fees differ too: 0.70% for CSRE and 1.00% for LPRE.

Which has better risk-adjusted returns?

LPRE currently has the higher Sharpe Ratio (1.08 vs 0.96), 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.