DESK vs. XLRE
Compare and contrast key facts about Vaneck Office And Commercial REIT ETF (DESK) and Real Estate Select Sector SPDR Fund (XLRE).
DESK and XLRE 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. XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015. Both DESK and XLRE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DESK or XLRE.
Correlation
The correlation between DESK and XLRE is 0.74, 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.
Performance
DESK vs. XLRE - Performance Comparison
Key characteristics
DESK:
0.70
XLRE:
0.93
DESK:
1.08
XLRE:
1.32
DESK:
1.13
XLRE:
1.17
DESK:
1.03
XLRE:
0.58
DESK:
2.80
XLRE:
3.07
DESK:
5.72%
XLRE:
4.87%
DESK:
22.86%
XLRE:
16.03%
DESK:
-15.51%
XLRE:
-38.83%
DESK:
-13.48%
XLRE:
-8.81%
Returns By Period
In the year-to-date period, DESK achieves a -5.32% return, which is significantly lower than XLRE's 4.70% return.
DESK
-5.32%
-4.99%
1.13%
17.15%
N/A
N/A
XLRE
4.70%
1.79%
1.86%
14.28%
3.76%
N/A
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DESK vs. XLRE - Expense Ratio Comparison
DESK has a 0.50% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Risk-Adjusted Performance
DESK vs. XLRE — Risk-Adjusted Performance Rank
DESK
XLRE
DESK vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and Real Estate Select Sector SPDR Fund (XLRE). 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.
Dividends
DESK vs. XLRE - Dividend Comparison
DESK's dividend yield for the trailing twelve months is around 3.99%, more than XLRE's 3.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DESK Vaneck Office And Commercial REIT ETF | 3.99% | 3.78% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLRE Real Estate Select Sector SPDR Fund | 3.28% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% |
Drawdowns
DESK vs. XLRE - Drawdown Comparison
The maximum DESK drawdown since its inception was -15.51%, smaller than the maximum XLRE drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for DESK and XLRE. For additional features, visit the drawdowns tool.
Volatility
DESK vs. XLRE - Volatility Comparison
Vaneck Office And Commercial REIT ETF (DESK) has a higher volatility of 6.40% compared to Real Estate Select Sector SPDR Fund (XLRE) at 3.89%. This indicates that DESK's price experiences larger fluctuations and is considered to be riskier than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.