DFREX vs. REET
Compare and contrast key facts about DFA Real Estate Securities Portfolio Class I (DFREX) and iShares Global REIT ETF (REET).
DFREX is managed by Dimensional Fund Advisors LP. It was launched on Jan 5, 1993. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFREX or REET.
Performance
DFREX vs. REET - Performance Comparison
Returns By Period
In the year-to-date period, DFREX achieves a 12.66% return, which is significantly higher than REET's 8.83% return. Over the past 10 years, DFREX has outperformed REET with an annualized return of 6.76%, while REET has yielded a comparatively lower 3.98% annualized return.
DFREX
12.66%
-1.11%
19.70%
26.16%
5.31%
6.76%
REET
8.83%
-1.22%
14.76%
21.53%
1.76%
3.98%
Key characteristics
| DFREX | REET | |
|---|---|---|
| Sharpe Ratio | 1.64 | 1.47 |
| Sortino Ratio | 2.28 | 2.08 |
| Omega Ratio | 1.29 | 1.26 |
| Calmar Ratio | 1.04 | 0.87 |
| Martin Ratio | 6.20 | 5.12 |
| Ulcer Index | 4.22% | 4.21% |
| Daily Std Dev | 15.96% | 14.69% |
| Max Drawdown | -74.36% | -44.59% |
| Current Drawdown | -5.95% | -8.91% |
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DFREX vs. REET - Expense Ratio Comparison
DFREX has a 0.18% expense ratio, which is higher than REET's 0.14% 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%.
Correlation
The correlation between DFREX and REET is 0.92, 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.
Risk-Adjusted Performance
DFREX vs. REET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Real Estate Securities Portfolio Class I (DFREX) and iShares Global REIT ETF (REET). 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
DFREX vs. REET - Dividend Comparison
DFREX's dividend yield for the trailing twelve months is around 2.98%, more than REET's 2.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFREX DFA Real Estate Securities Portfolio Class I | 2.98% | 3.17% | 2.60% | 1.59% | 3.22% | 2.09% | 4.88% | 2.98% | 3.16% | 2.86% | 2.60% | 3.03% |
REET iShares Global REIT ETF | 2.70% | 3.27% | 2.42% | 3.18% | 2.64% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% | 2.12% | 0.00% |
Drawdowns
DFREX vs. REET - Drawdown Comparison
The maximum DFREX drawdown since its inception was -74.36%, which is greater than REET's maximum drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for DFREX and REET. For additional features, visit the drawdowns tool.
Volatility
DFREX vs. REET - Volatility Comparison
DFA Real Estate Securities Portfolio Class I (DFREX) has a higher volatility of 4.70% compared to iShares Global REIT ETF (REET) at 4.09%. This indicates that DFREX's price experiences larger fluctuations and is considered to be riskier than REET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.