DFGR vs. AVRE
Compare and contrast key facts about Dimensional Global Real Estate ETF (DFGR) and Avantis Real Estate ETF (AVRE).
DFGR and AVRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFGR is an actively managed fund by Dimensional. It was launched on Dec 6, 2022. AVRE is an actively managed fund by Avantis. It was launched on Sep 29, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFGR or AVRE.
Key characteristics
| DFGR | AVRE | |
|---|---|---|
| YTD Return | 13.37% | 12.50% |
| 1Y Return | 24.65% | 23.34% |
| Sharpe Ratio | 1.60 | 1.58 |
| Daily Std Dev | 16.88% | 16.03% |
| Max Drawdown | -21.28% | -33.29% |
| Current Drawdown | 0.00% | -7.41% |
Correlation
The correlation between DFGR and AVRE is 0.99, 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
DFGR vs. AVRE - Performance Comparison
In the year-to-date period, DFGR achieves a 13.37% return, which is significantly higher than AVRE's 12.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFGR vs. AVRE - Expense Ratio Comparison
DFGR has a 0.22% expense ratio, which is higher than AVRE's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFGR vs. AVRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Real Estate ETF (DFGR) and Avantis Real Estate ETF (AVRE). 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
DFGR vs. AVRE - Dividend Comparison
DFGR's dividend yield for the trailing twelve months is around 2.62%, less than AVRE's 3.17% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
DFGR Dimensional Global Real Estate ETF | 2.62% | 2.77% | 0.59% | 0.00% |
AVRE Avantis Real Estate ETF | 3.17% | 3.33% | 2.57% | 0.61% |
Drawdowns
DFGR vs. AVRE - Drawdown Comparison
The maximum DFGR drawdown since its inception was -21.28%, smaller than the maximum AVRE drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for DFGR and AVRE. For additional features, visit the drawdowns tool.
Volatility
DFGR vs. AVRE - Volatility Comparison
The current volatility for Dimensional Global Real Estate ETF (DFGR) is 2.67%, while Avantis Real Estate ETF (AVRE) has a volatility of 2.92%. This indicates that DFGR experiences smaller price fluctuations and is considered to be less risky than AVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.