DTRE vs. FPRO
DTRE (First Trust Alerian Disruptive Technology Real Estate ETF) and FPRO (Fidelity Real Estate Investment ETF) are both REIT funds. DTRE is passively managed, while FPRO is actively managed. Over the past 5 years, DTRE returned -1.17%/yr vs 3.88%/yr for FPRO. Their correlation of 0.88 suggests significant overlap in exposure. DTRE charges 0.60%/yr vs 0.59%/yr for FPRO.
Performance
DTRE vs. FPRO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DTRE achieves a 7.24% return, which is significantly lower than FPRO's 14.20% return.
DTRE
- 1D
- 1.03%
- 1M
- -1.55%
- YTD
- 7.24%
- 6M
- 8.24%
- 1Y
- 7.12%
- 3Y*
- 6.36%
- 5Y*
- -1.17%
- 10Y*
- 2.67%
FPRO
- 1D
- 1.48%
- 1M
- 1.47%
- YTD
- 14.20%
- 6M
- 14.88%
- 1Y
- 12.37%
- 3Y*
- 11.58%
- 5Y*
- 3.88%
- 10Y*
- —
DTRE vs. FPRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DTRE First Trust Alerian Disruptive Technology Real Estate ETF | 7.24% | 8.32% | -9.71% | 13.89% | -26.53% | 26.37% |
FPRO Fidelity Real Estate Investment ETF | 14.20% | 2.60% | 5.63% | 10.93% | -25.02% | 40.20% |
Correlation
The correlation between DTRE and FPRO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2021 | 0.88 |
The correlation between DTRE and FPRO has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.
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
DTRE vs. FPRO — Risk / Return Rank
DTRE
FPRO
DTRE vs. FPRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) and Fidelity Real Estate Investment ETF (FPRO). 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.
| DTRE | FPRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 1.62 | -0.87 |
| Martin ratioReturn relative to average drawdown | 2.21 | 4.62 | -2.42 |
Loading charts...
Drawdowns
DTRE vs. FPRO - Drawdown Comparison
The maximum DTRE drawdown since its inception was -72.26%, which is greater than FPRO's maximum drawdown of -32.81%. Use the drawdown chart below to compare losses from any high point for DTRE and FPRO.
Loading charts...
Drawdown Indicators
| DTRE | FPRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.26% | -32.81% | -39.45% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -7.67% | -1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -20.65% | -16.83% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -34.62% | -32.81% | -1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -42.79% | — | — |
Current DrawdownCurrent decline from peak | -12.24% | -0.27% | -11.97% |
Average DrawdownAverage peak-to-trough decline | -16.87% | -12.53% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.68% | +0.55% |
Volatility
DTRE vs. FPRO - Volatility Comparison
First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) and Fidelity Real Estate Investment ETF (FPRO) have volatilities of 4.79% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DTRE | FPRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 5.01% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | 9.99% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 13.75% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 18.68% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 18.38% | +0.15% |
DTRE vs. FPRO - Expense Ratio Comparison
DTRE has a 0.60% expense ratio, which is higher than FPRO's 0.59% expense ratio.
Dividends
DTRE vs. FPRO - Dividend Comparison
DTRE's dividend yield for the trailing twelve months is around 3.35%, more than FPRO's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTRE First Trust Alerian Disruptive Technology Real Estate ETF | 3.35% | 3.42% | 3.75% | 2.56% | 2.49% | 2.64% | 0.79% | 4.97% | 3.38% | 3.07% | 4.16% | 1.74% |
FPRO Fidelity Real Estate Investment ETF | 2.48% | 2.69% | 2.50% | 2.83% | 2.67% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DTRE and FPRO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPRO has higher volatility (5.01%) compared to DTRE (4.79%). In terms of maximum drawdown, DTRE dropped -72.26% vs FPRO's -32.81%.
On 5-year performance, FPRO leads with 3.88% vs -1.17% for DTRE. On fees, FPRO is cheaper at 0.59% per year. On volatility, DTRE has been the lower-risk option at 4.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FPRO has performed better with a 3.88% return vs -1.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FPRO is cheaper with a 0.59% expense ratio, compared with 0.60% for DTRE.
DTRE has the higher dividend yield at 3.35%, compared with 2.48% for FPRO.
They also come from different issuers: First Trust and Fidelity. Their fees differ too: 0.60% for DTRE and 0.59% for FPRO.
FPRO currently has the higher Sharpe Ratio (0.91 vs 0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DTRE and FPRO
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