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ERET vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ERET vs. ACWI

Last updated Jun 5, 2026

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 9.19%/yr vs 21.38%/yr for ACWI. A 0.63 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Environmentally Aware Real Estate ETF (ERET) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ERET achieves a 6.77% return, which is significantly lower than ACWI's 12.47% return.

ERET

1D
0.93%
1M
-1.71%
YTD
6.77%
6M
7.14%
1Y
11.24%
3Y*
9.19%
5Y*
—
10Y*
—

ACWI

1D
0.30%
1M
4.45%
YTD
12.47%
6M
13.07%
1Y
29.24%
3Y*
21.38%
5Y*
11.35%
10Y*
12.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ERET vs. ACWI - Yearly Performance Comparison

2026 (YTD)2025202420232022
ERET
Ishares Environmentally Aware Real Estate ETF		6.77%10.26%0.60%10.25%0.29%
ACWI
iShares MSCI ACWI ETF		12.47%22.41%17.45%22.27%-1.42%

Correlation

The correlation between ERET and ACWI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (3Y)
Calculated over the trailing 3-year period

0.60

Correlation (All Time)
Calculated using the full available price history since Nov 18, 2022

0.63

The correlation between ERET and ACWI shifts across timeframes, from 0.49 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

ERET vs. ACWI - Sectors Allocation Comparison

Sectors
ERET
ACWI

Real Estate

99.7%
1.8%

Technology

0.2%
29.4%

Consumer Cyclical

0.0%
9.3%

Basic Materials

-

3.7%

Communication Services

-

9.0%

Consumer Defensive

-

5.0%

Energy

-

4.2%

Financial Services

-

16.1%

Healthcare

-

8.1%

Industrials

-

10.9%

Utilities

-

2.6%

Real Estate

ERET
99.7%
ACWI
1.8%

Technology

ERET
0.2%
ACWI
29.4%

Consumer Cyclical

ERET
0.0%
ACWI
9.3%

Basic Materials

ERET

-

ACWI
3.7%

Communication Services

ERET

-

ACWI
9.0%

Consumer Defensive

ERET

-

ACWI
5.0%

Energy

ERET

-

ACWI
4.2%

Financial Services

ERET

-

ACWI
16.1%

Healthcare

ERET

-

ACWI
8.1%

Industrials

ERET

-

ACWI
10.9%

Utilities

ERET

-

ACWI
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Ishares Environmentally Aware Real Estate ETF

iShares MSCI ACWI ETF

Often compared with ERET:
ERET vs. VNQERET vs. ESGVERET vs. IYRERET vs. EPRERET vs. UCONERET vs. ^GSPCERET vs. WELL
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

ERET vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ERET
ERET Risk / Return Rank: 2626
Overall Rank
ERET Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
ERET Sortino Ratio Rank: 2626
Sortino Ratio Rank
ERET Omega Ratio Rank: 2626
Omega Ratio Rank
ERET Calmar Ratio Rank: 2424
Calmar Ratio Rank
ERET Martin Ratio Rank: 2929
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 7070
Overall Rank
ACWI Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 7171
Sortino Ratio Rank
ACWI Omega Ratio Rank: 7171
Omega Ratio Rank
ACWI Calmar Ratio Rank: 6262
Calmar Ratio Rank
ACWI Martin Ratio Rank: 7373
Martin Ratio Rank
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.

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.

ERETACWIDifference
Sharpe ratioReturn per unit of total volatility
0.94
2.30

-1.36

Sortino ratioReturn per unit of downside risk
1.34
3.17

-1.83

Omega ratioGain probability vs. loss probability

1.17

1.42

-0.24

Calmar ratioReturn relative to maximum drawdown

1.08

3.02

-1.94

Martin ratioReturn relative to average drawdown

4.04

13.55

-9.51

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ERET vs. ACWI - Sharpe Ratio Comparison

The current ERET Sharpe Ratio is 0.94, which is lower than the ACWI Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of ERET and ACWI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ERETACWIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

2.30

-1.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.71

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.75

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.43

+0.08

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

ERETACWIDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-3.79%

-0.53%

-3.26%

Average Drawdown

Average peak-to-trough decline

-5.83%

-8.61%

+2.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.79%

2.16%

+0.63%

Volatility

ERET vs. ACWI - Volatility Comparison

Ishares Environmentally Aware Real Estate ETF (ERET) has a higher volatility of 4.04% compared to iShares MSCI ACWI ETF (ACWI) at 3.83%. This indicates that ERET's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ERETACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.04%

3.83%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

9.24%

10.30%

-1.06%

Volatility (1Y)

Calculated over the trailing 1-year period

12.06%

12.79%

-0.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.77%

16.05%

-0.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.77%

17.11%

-1.34%

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 3.55%, more than ACWI's 1.38% yield.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.38%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		3.55%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 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ERET has higher volatility (4.04%) compared to ACWI (3.83%). In terms of maximum drawdown, ERET dropped -20.30% vs ACWI's -56.00%.

On 3-year performance, ACWI leads with 21.38% vs 9.19% for ERET. On fees, ERET is cheaper at 0.30% per year. On volatility, ACWI has been the lower-risk option at 3.83%. 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 21.38% return vs 9.19%. 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 3.55%, compared with 1.38% 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 (2.30 vs 0.94), 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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