DESK vs. SRS
Compare and contrast key facts about Vaneck Office And Commercial REIT ETF (DESK) and ProShares UltraShort Real Estate (SRS).
DESK and SRS 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. SRS is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Real Estate Index (-200%). It was launched on Jan 30, 2007. Both DESK and SRS 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. SRS - Performance Comparison
Loading graphics...
DESK vs. SRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DESK Vaneck Office And Commercial REIT ETF | -10.75% | -10.42% | 16.01% | 18.89% |
SRS ProShares UltraShort Real Estate | -3.53% | -1.45% | -3.55% | -26.50% |
Returns By Period
In the year-to-date period, DESK achieves a -10.75% return, which is significantly lower than SRS's -3.53% return.
DESK
- 1D
- -0.79%
- 1M
- -6.33%
- YTD
- -10.75%
- 6M
- -21.41%
- 1Y
- -12.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SRS
- 1D
- -0.71%
- 1M
- 13.57%
- YTD
- -3.53%
- 6M
- 4.63%
- 1Y
- 1.08%
- 3Y*
- -8.06%
- 5Y*
- -7.46%
- 10Y*
- -15.88%
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. SRS - Expense Ratio Comparison
DESK has a 0.50% expense ratio, which is lower than SRS's 0.95% expense ratio.
Return for Risk
DESK vs. SRS — Risk / Return Rank
DESK
SRS
DESK vs. SRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and ProShares UltraShort Real Estate (SRS). 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 | SRS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.54 | 0.03 | -0.58 |
Sortino ratioReturn per unit of downside risk | -0.62 | 0.29 | -0.91 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.04 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.03 | -0.54 |
Martin ratioReturn relative to average drawdown | -1.20 | 0.05 | -1.25 |
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 | SRS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | 0.03 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.49 | +0.64 |
Correlation
The correlation between DESK and SRS is -0.71. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
DESK vs. SRS - Dividend Comparison
DESK's dividend yield for the trailing twelve months is around 6.03%, more than SRS's 3.27% 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% |
SRS ProShares UltraShort Real Estate | 3.27% | 3.61% | 6.06% | 4.49% | 0.30% | 0.00% | 0.19% | 1.80% | 0.47% |
Drawdowns
DESK vs. SRS - Drawdown Comparison
The maximum DESK drawdown since its inception was -28.65%, smaller than the maximum SRS drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for DESK and SRS.
Loading graphics...
Drawdown Indicators
| DESK | SRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.65% | -99.96% | +71.31% |
Max Drawdown (1Y)Largest decline over 1 year | -25.09% | -29.66% | +4.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -85.42% | — |
Current DrawdownCurrent decline from peak | -26.95% | -99.95% | +73.00% |
Average DrawdownAverage peak-to-trough decline | -10.58% | -91.15% | +80.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.65% | 20.95% | -10.30% |
Volatility
DESK vs. SRS - Volatility Comparison
The current volatility for Vaneck Office And Commercial REIT ETF (DESK) is 6.43%, while ProShares UltraShort Real Estate (SRS) has a volatility of 9.03%. This indicates that DESK experiences smaller price fluctuations and is considered to be less risky than SRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DESK | SRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 9.03% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 13.84% | 19.02% | -5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.68% | 32.73% | -9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.00% | 37.52% | -11.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.00% | 40.63% | -14.63% |