DJRE.AX vs. BOND.AX
DJRE.AX (State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF) and BOND.AX (State Street SPDR S&P/ASX iBoxx Australian Bond ETF) are both exchange-traded funds - DJRE.AX is a REIT fund tracking the Dow Jones Global Select ESG Tilted Real Estate Securities Index, while BOND.AX is a Total Bond Market fund tracking the S&P/ASX iBoxx Australian Fixed Interest Diversified 0+ Index. Both are passively managed. Over the past 10 years, DJRE.AX returned 3.56%/yr vs 1.40%/yr for BOND.AX. At a 0.14 correlation, their price movements are largely independent. DJRE.AX charges 0.20%/yr vs 0.10%/yr for BOND.AX.
Performance
DJRE.AX vs. BOND.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DJRE.AX achieves a 6.95% return, which is significantly higher than BOND.AX's 1.98% return. Over the past 10 years, DJRE.AX has outperformed BOND.AX with an annualized return of 3.56%, while BOND.AX has yielded a comparatively lower 1.40% annualized return.
DJRE.AX
- 1D
- 0.09%
- 1M
- 1.75%
- 6M
- 6.26%
- YTD
- 6.95%
- 1Y
- 9.62%
- 3Y*
- 7.79%
- 5Y*
- 2.92%
- 10Y*
- 3.56%
BOND.AX
- 1D
- 0.00%
- 1M
- -0.03%
- 6M
- 1.38%
- YTD
- 1.98%
- 1Y
- 2.21%
- 3Y*
- 3.73%
- 5Y*
- -0.36%
- 10Y*
- 1.40%
DJRE.AX vs. BOND.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DJRE.AX State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF | 6.95% | 2.61% | 7.87% | 11.14% | -20.36% | 38.59% | -19.06% | 18.19% | 4.70% | -0.78% |
BOND.AX State Street SPDR S&P/ASX iBoxx Australian Bond ETF | 1.98% | 3.65% | 2.45% | 5.10% | -11.40% | -3.40% | 3.81% | 7.79% | 4.70% | 3.50% |
Correlation
The correlation between DJRE.AX and BOND.AX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.14 |
Over the past year, DJRE.AX and BOND.AX have become more correlated (0.34) than their long-term average of 0.14, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DJRE.AX vs. BOND.AX — Risk / Return Rank
DJRE.AX
BOND.AX
DJRE.AX vs. BOND.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX) and State Street SPDR S&P/ASX iBoxx Australian Bond ETF (BOND.AX). 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.
| DJRE.AX | BOND.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.10 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 0.70 | +0.44 |
| Martin ratioReturn relative to average drawdown | 2.83 | 1.49 | +1.33 |
Loading charts...
Drawdowns
DJRE.AX vs. BOND.AX - Drawdown Comparison
The maximum DJRE.AX drawdown since its inception was -35.10%, which is greater than BOND.AX's maximum drawdown of -17.15%. Use the drawdown chart below to compare losses from any high point for DJRE.AX and BOND.AX.
Loading charts...
Drawdown Indicators
| DJRE.AX | BOND.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.10% | -17.15% | -17.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -3.35% | -5.50% |
Max Drawdown (3Y)Largest decline over 3 years | -11.63% | -4.16% | -7.47% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -16.69% | -7.58% |
Max Drawdown (10Y)Largest decline over 10 years | -35.10% | -17.15% | -17.95% |
Current DrawdownCurrent decline from peak | -1.74% | -3.54% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -3.97% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 1.61% | +2.02% |
Volatility
DJRE.AX vs. BOND.AX - Volatility Comparison
State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX) has a higher volatility of 4.72% compared to State Street SPDR S&P/ASX iBoxx Australian Bond ETF (BOND.AX) at 0.83%. This indicates that DJRE.AX's price experiences larger fluctuations and is considered to be riskier than BOND.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DJRE.AX | BOND.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.72% | 0.83% | +3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 3.03% | +7.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.49% | 4.19% | +9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.16% | 5.66% | +9.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 5.01% | +10.98% |
DJRE.AX vs. BOND.AX - Expense Ratio Comparison
DJRE.AX has a 0.20% expense ratio, which is higher than BOND.AX's 0.10% 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%.
Dividends
DJRE.AX vs. BOND.AX - Dividend Comparison
DJRE.AX's dividend yield for the trailing twelve months is around 2.69%, less than BOND.AX's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOND.AX State Street SPDR S&P/ASX iBoxx Australian Bond ETF | 4.09% | 2.90% | 1.06% | 0.17% | 0.73% | 1.87% | 1.60% | 1.76% | 2.62% | 2.67% | 3.64% | 3.41% |
DJRE.AX State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF | 2.69% | 2.82% | 1.70% | 2.80% | 6.57% | 2.81% | 2.62% | 2.68% | 4.20% | 3.45% | 3.22% | 2.21% |
Frequently Asked Questions
DJRE.AX and BOND.AX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BOND.AX is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BOND.AX is cheaper with a 0.10% expense ratio, compared with 0.20% for DJRE.AX.
DJRE.AX is categorized as REIT, while BOND.AX is Total Bond Market. DJRE.AX tracks Dow Jones Global Select ESG Tilted Real Estate Securities Index, while BOND.AX tracks S&P/ASX iBoxx Australian Fixed Interest Diversified 0+ Index. Their fees differ too: 0.20% for DJRE.AX and 0.10% for BOND.AX.
Find the right allocation for DJRE.AX and BOND.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer