DESK vs. BBRE
Compare and contrast key facts about Vaneck Office And Commercial REIT ETF (DESK) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE).
DESK and BBRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DESK is a passively managed fund by VanEck that tracks the performance of the MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross. It was launched on Sep 19, 2023. BBRE is a passively managed fund by JPMorgan that tracks the performance of the MSCI US REIT Index. It was launched on Jun 15, 2018. Both DESK and BBRE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DESK vs. BBRE - Performance Comparison
Loading graphics...
DESK vs. BBRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DESK Vaneck Office And Commercial REIT ETF | -10.75% | -10.42% | 16.01% | 18.89% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 4.37% | 2.09% | 8.24% | 13.63% |
Returns By Period
In the year-to-date period, DESK achieves a -10.75% return, which is significantly lower than BBRE's 4.37% return.
DESK
- 1D
- -0.79%
- 1M
- -6.33%
- YTD
- -10.75%
- 6M
- -21.41%
- 1Y
- -12.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBRE
- 1D
- 0.56%
- 1M
- -5.92%
- YTD
- 4.37%
- 6M
- 2.15%
- 1Y
- 5.44%
- 3Y*
- 8.59%
- 5Y*
- 4.96%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DESK vs. BBRE - Expense Ratio Comparison
DESK has a 0.50% expense ratio, which is higher than BBRE's 0.11% expense ratio.
Return for Risk
DESK vs. BBRE — Risk / Return Rank
DESK
BBRE
DESK vs. BBRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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.
| DESK | BBRE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.54 | 0.32 | -0.86 |
Sortino ratioReturn per unit of downside risk | -0.62 | 0.56 | -1.18 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.07 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.42 | -0.93 |
Martin ratioReturn relative to average drawdown | -1.20 | 1.73 | -2.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DESK | BBRE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | 0.32 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.28 | -0.12 |
Correlation
The correlation between DESK and BBRE is 0.80, 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.
Dividends
DESK vs. BBRE - Dividend Comparison
DESK's dividend yield for the trailing twelve months is around 6.03%, more than BBRE's 3.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DESK Vaneck Office And Commercial REIT ETF | 6.03% | 5.15% | 3.78% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.01% | 3.24% | 3.19% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% |
Drawdowns
DESK vs. BBRE - Drawdown Comparison
The maximum DESK drawdown since its inception was -28.65%, smaller than the maximum BBRE drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for DESK and BBRE.
Loading graphics...
Drawdown Indicators
| DESK | BBRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.65% | -43.61% | +14.96% |
Max Drawdown (1Y)Largest decline over 1 year | -25.09% | -13.24% | -11.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.15% | — |
Current DrawdownCurrent decline from peak | -26.95% | -5.92% | -21.03% |
Average DrawdownAverage peak-to-trough decline | -10.58% | -10.73% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.65% | 3.21% | +7.44% |
Volatility
DESK vs. BBRE - Volatility Comparison
Vaneck Office And Commercial REIT ETF (DESK) has a higher volatility of 6.43% compared to JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) at 4.59%. This indicates that DESK's price experiences larger fluctuations and is considered to be riskier than BBRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DESK | BBRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 4.59% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.84% | 9.28% | +4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.68% | 17.05% | +6.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.00% | 18.77% | +7.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.00% | 22.71% | +3.29% |