DJRE.AX vs. WDIV.AX

Last updated Jul 16, 2026

DJRE.AX (State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF) and WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend 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 WDIV.AX is a Dividend fund tracking the SPDR Index. Both are passively managed. Over the past 10 years, DJRE.AX returned 3.56%/yr vs 7.87%/yr for WDIV.AX. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

DJRE.AX vs. WDIV.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX) and SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJRE.AX achieves a 6.95% return, which is significantly higher than WDIV.AX's 6.44% return. Over the past 10 years, DJRE.AX has underperformed WDIV.AX with an annualized return of 3.56%, while WDIV.AX has yielded a comparatively higher 7.87% 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%

WDIV.AX

• 1D: 0.47%
• 1M: 1.59%
• 6M: 5.52%
• YTD: 6.44%
• 1Y: 12.96%
• 3Y*: 15.59%
• 5Y*: 9.61%
• 10Y*: 7.87%

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

DJRE.AX vs. WDIV.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%
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF	6.44%	19.30%	15.11%	5.95%	-0.52%	20.51%	-17.75%	18.87%	1.84%	7.10%

Correlation

The correlation between DJRE.AX and WDIV.AX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013	0.61

The correlation between DJRE.AX and WDIV.AX has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.

Return for Risk

DJRE.AX vs. WDIV.AX — Risk / Return Rank

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

DJRE.AX

DJRE.AX Risk / Return Rank: 25
DJRE.AX Sharpe Ratio Rank: 25
DJRE.AX Sortino Ratio Rank: 23
DJRE.AX Omega Ratio Rank: 23
DJRE.AX Calmar Ratio Rank: 27
DJRE.AX Martin Ratio Rank: 26

WDIV.AX

WDIV.AX Risk / Return Rank: 41
WDIV.AX Sharpe Ratio Rank: 39
WDIV.AX Sortino Ratio Rank: 41
WDIV.AX Omega Ratio Rank: 44
WDIV.AX Calmar Ratio Rank: 41
WDIV.AX Martin Ratio Rank: 38

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.

DJRE.AX vs. WDIV.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 SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.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	WDIV.AX	Difference
Sharpe ratio: Return per unit of total volatility	0.75	1.16	-0.41
Sortino ratio: Return per unit of downside risk	1.12	1.79	-0.67
Omega ratio: Gain probability vs. loss probability	1.14	1.24	-0.10
Calmar ratio: Return relative to maximum drawdown	1.15	1.72	-0.57
Martin ratio: Return relative to average drawdown	2.83	4.90	-2.07

DJRE.AX vs. WDIV.AX - Sharpe Ratio Comparison

The current DJRE.AX Sharpe Ratio is 0.75, which is lower than the WDIV.AX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of DJRE.AX and WDIV.AX, 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

DJRE.AX vs. WDIV.AX - Drawdown Comparison

The maximum DJRE.AX drawdown since its inception was -35.10%, which is greater than WDIV.AX's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for DJRE.AX and WDIV.AX.

Drawdown Indicators

	DJRE.AX	WDIV.AX	Difference
Max Drawdown Largest peak-to-trough decline	-35.10%	-32.49%	-2.61%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-7.29%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-11.63%	-7.29%	-4.34%
Max Drawdown (5Y) Largest decline over 5 years	-24.27%	-10.93%	-13.34%
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	-32.49%	-2.61%
Current Drawdown Current decline from peak	-1.74%	0.00%	-1.74%
Average Drawdown Average peak-to-trough decline	-8.53%	-5.10%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	2.59%	+1.04%

Volatility

DJRE.AX vs. WDIV.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 SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) at 2.65%. This indicates that DJRE.AX's price experiences larger fluctuations and is considered to be riskier than WDIV.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJRE.AX	WDIV.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	2.65%	+2.07%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	7.21%	+3.47%
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	10.81%	+2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.16%	10.22%	+4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	12.00%	+3.99%

Dividends

DJRE.AX vs. WDIV.AX - Dividend Comparison

DJRE.AX's dividend yield for the trailing twelve months is around 2.69%, less than WDIV.AX's 10.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF	10.47%	7.31%	2.90%	4.72%	4.45%	4.11%	5.81%	4.95%	7.54%	3.96%	3.92%	8.97%

Frequently Asked Questions

Can I hold both DJRE.AX and WDIV.AX in my portfolio?

DJRE.AX and WDIV.AX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between DJRE.AX and WDIV.AX?

DJRE.AX is categorized as REIT, while WDIV.AX is Dividend. DJRE.AX tracks Dow Jones Global Select ESG Tilted Real Estate Securities Index, while WDIV.AX tracks SPDR Index.