ERET vs. ACWI
ERET (Ishares Environmentally Aware Real Estate ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - ERET is a REIT fund tracking the FTSE EPRA Nareit Developed Green Target Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 3 years, ERET returned 8.59%/yr vs 19.07%/yr for ACWI. A 0.61 correlation means they provide meaningful diversification when combined. ERET charges 0.30%/yr vs 0.32%/yr for ACWI.
Performance
ERET vs. ACWI - Performance Comparison
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Returns By Period
In the year-to-date period, ERET achieves a 10.29% return, which is significantly lower than ACWI's 11.64% return.
ERET
- 1D
- 0.27%
- 1M
- 0.35%
- 6M
- 8.03%
- YTD
- 10.29%
- 1Y
- 13.42%
- 3Y*
- 8.59%
- 5Y*
- —
- 10Y*
- —
ACWI
- 1D
- 0.64%
- 1M
- 0.95%
- 6M
- 9.02%
- YTD
- 11.64%
- 1Y
- 23.16%
- 3Y*
- 19.07%
- 5Y*
- 10.97%
- 10Y*
- 12.58%
ERET vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ERET Ishares Environmentally Aware Real Estate ETF | 10.29% | 10.26% | 0.60% | 10.25% | 0.29% |
ACWI iShares MSCI ACWI ETF | 11.64% | 22.41% | 17.45% | 22.27% | -1.66% |
Correlation
The correlation between ERET and ACWI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2022 | 0.61 |
Over the past year, the correlation between ERET and ACWI has dropped to 0.40 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
ERET vs. ACWI — Risk / Return Rank
ERET
ACWI
ERET vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Environmentally Aware Real Estate ETF (ERET) and iShares MSCI ACWI ETF (ACWI). 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.
| ERET | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 2.39 | -1.10 |
| Martin ratioReturn relative to average drawdown | 4.73 | 10.22 | -5.49 |
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Drawdowns
ERET vs. ACWI - Drawdown Comparison
The maximum ERET drawdown since its inception was -20.30%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for ERET and ACWI.
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Drawdown Indicators
| ERET | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.30% | -56.00% | +35.70% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -9.73% | -0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -17.61% | -16.55% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.53% | — |
Current DrawdownCurrent decline from peak | -0.75% | -1.26% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -8.57% | +2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.27% | +0.57% |
Volatility
ERET vs. ACWI - Volatility Comparison
Ishares Environmentally Aware Real Estate ETF (ERET) and iShares MSCI ACWI ETF (ACWI) have volatilities of 3.96% and 4.13%, 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.
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Volatility by Period
| ERET | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 4.13% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.03% | 11.52% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.44% | 13.70% | -1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 16.21% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 17.04% | -1.33% |
ERET vs. ACWI - Expense Ratio Comparison
ERET has a 0.30% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Dividends
ERET vs. ACWI - Dividend Comparison
ERET's dividend yield for the trailing twelve months is around 3.30%, more than ACWI's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 1.43% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
ERET Ishares Environmentally Aware Real Estate ETF | 3.30% | 3.79% | 4.26% | 3.67% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ERET and ACWI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACWI has higher volatility (4.13%) compared to ERET (3.96%). In terms of maximum drawdown, ERET dropped -20.30% vs ACWI's -56.00%.
On 3-year performance, ACWI leads with 19.07% vs 8.59% for ERET. On fees, ERET is cheaper at 0.30% per year. On volatility, ERET has been the lower-risk option at 3.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ACWI has performed better with a 19.07% return vs 8.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ERET is cheaper with a 0.30% expense ratio, compared with 0.32% for ACWI.
ERET has the higher dividend yield at 3.30%, compared with 1.43% for ACWI.
ERET is categorized as REIT, while ACWI is Global Equities. ERET tracks FTSE EPRA Nareit Developed Green Target Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.30% for ERET and 0.32% for ACWI.
ACWI currently has the higher Sharpe Ratio (1.70 vs 1.08), 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.
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