DESK vs. WTRE

Last updated Jun 24, 2026

DESK (Vaneck Office And Commercial REIT ETF) and WTRE (WisdomTree New Economy Real Estate ETF) are both REIT funds - DESK tracks the MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross while WTRE tracks the CenterSquare New Economy Real Estate Index. Both are passively managed. Over the past year, DESK returned 4.85% vs 37.40% for WTRE. A 0.61 correlation means they provide meaningful diversification when combined. DESK charges 0.50%/yr vs 0.58%/yr for WTRE.

Performance

DESK vs. WTRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vaneck Office And Commercial REIT ETF (DESK) and WisdomTree New Economy Real Estate ETF (WTRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DESK achieves a 12.32% return, which is significantly lower than WTRE's 20.00% return.

DESK

• 1D: 0.55%
• 1M: 8.03%
• YTD: 12.32%
• 6M: 13.23%
• 1Y: 4.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTRE

• 1D: -0.18%
• 1M: -1.96%
• YTD: 20.00%
• 6M: 19.09%
• 1Y: 37.40%
• 3Y*: 19.04%
• 5Y*: 1.35%
• 10Y*: 3.95%

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

DESK vs. WTRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DESK Vaneck Office And Commercial REIT ETF	12.32%	-10.42%	16.01%	13.17%
WTRE WisdomTree New Economy Real Estate ETF	20.00%	26.36%	-3.27%	10.81%

Correlation

The correlation between DESK and WTRE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023	0.61

Over the past year, the correlation between DESK and WTRE has dropped to 0.36 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

DESK vs. WTRE — Risk / Return Rank

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

DESK

DESK Risk / Return Rank: 11
DESK Sharpe Ratio Rank: 12
DESK Sortino Ratio Rank: 12
DESK Omega Ratio Rank: 11
DESK Calmar Ratio Rank: 11
DESK Martin Ratio Rank: 11

WTRE

WTRE Risk / Return Rank: 53
WTRE Sharpe Ratio Rank: 58
WTRE Sortino Ratio Rank: 54
WTRE Omega Ratio Rank: 50
WTRE Calmar Ratio Rank: 57
WTRE Martin Ratio Rank: 46

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.

DESK vs. WTRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and WisdomTree New Economy Real Estate ETF (WTRE). 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.

	DESK	WTRE	Difference
Sharpe ratio: Return per unit of total volatility	0.24	1.82	-1.58
Sortino ratio: Return per unit of downside risk	0.47	2.42	-1.95
Omega ratio: Gain probability vs. loss probability	1.06	1.30	-0.25
Calmar ratio: Return relative to maximum drawdown	0.19	2.64	-2.45
Martin ratio: Return relative to average drawdown	0.41	7.19	-6.77

DESK vs. WTRE - Sharpe Ratio Comparison

The current DESK Sharpe Ratio is 0.24, which is lower than the WTRE Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of DESK and WTRE, 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

DESK vs. WTRE - Drawdown Comparison

The maximum DESK drawdown since its inception was -28.65%, smaller than the maximum WTRE drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for DESK and WTRE.

Drawdown Indicators

	DESK	WTRE	Difference
Max Drawdown Largest peak-to-trough decline	-28.65%	-74.18%	+45.53%
Max Drawdown (1Y) Largest decline over 1 year	-25.09%	-14.22%	-10.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.47%	—
Current Drawdown Current decline from peak	-8.06%	-5.32%	-2.74%
Average Drawdown Average peak-to-trough decline	-11.30%	-24.92%	+13.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.84%	5.22%	+6.62%

Volatility

DESK vs. WTRE - Volatility Comparison

Vaneck Office And Commercial REIT ETF (DESK) has a higher volatility of 6.75% compared to WisdomTree New Economy Real Estate ETF (WTRE) at 5.74%. This indicates that DESK's price experiences larger fluctuations and is considered to be riskier than WTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DESK	WTRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	5.74%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	15.44%	16.11%	-0.67%
Volatility (1Y) Calculated over the trailing 1-year period	20.57%	20.70%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.87%	19.40%	+6.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.87%	18.43%	+7.44%

DESK vs. WTRE - Expense Ratio Comparison

DESK has a 0.50% expense ratio, which is lower than WTRE's 0.58% expense ratio.

Dividends

DESK vs. WTRE - Dividend Comparison

DESK's dividend yield for the trailing twelve months is around 4.79%, more than WTRE's 2.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DESK Vaneck Office And Commercial REIT ETF	4.79%	5.15%	3.78%	1.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTRE WisdomTree New Economy Real Estate ETF	2.03%	2.33%	2.69%	2.05%	1.68%	6.47%	2.96%	7.88%	4.49%	6.34%	5.96%	4.58%

Frequently Asked Questions

Can I hold both DESK and WTRE in my portfolio?

DESK and WTRE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DESK or WTRE?

DESK has higher volatility (6.75%) compared to WTRE (5.74%). In terms of maximum drawdown, DESK dropped -28.65% vs WTRE's -74.18%.

Which ETF is better, DESK or WTRE?

On 1-year performance, WTRE leads with 37.40% vs 4.85% for DESK. On fees, DESK is cheaper at 0.50% per year. On volatility, WTRE has been the lower-risk option at 5.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DESK or WTRE?

Over the 1-year period, WTRE has performed better with a 37.40% return vs 4.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DESK or WTRE?

DESK is cheaper with a 0.50% expense ratio, compared with 0.58% for WTRE.

Which ETF pays a higher dividend yield, DESK or WTRE?

DESK has the higher dividend yield at 4.79%, compared with 2.03% for WTRE.

What is the main difference between DESK and WTRE?

DESK tracks MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross, while WTRE tracks CenterSquare New Economy Real Estate Index. They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.50% for DESK and 0.58% for WTRE.

Which has better risk-adjusted returns?

WTRE currently has the higher Sharpe Ratio (1.82 vs 0.24), 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.