ERET vs. PFFR

Last updated Jun 24, 2026

ERET (Ishares Environmentally Aware Real Estate ETF) and PFFR (InfraCap REIT Preferred ETF) are both exchange-traded funds - ERET is a REIT fund tracking the FTSE EPRA Nareit Developed Green Target Index, while PFFR is a Preferred Stock/Convertible Bonds fund tracking the Indxx REIT Preferred Stock Index. Both are passively managed. Over the past 3 years, ERET returned 10.80%/yr vs 9.29%/yr for PFFR. At a 0.38 correlation, their price movements are largely independent. ERET charges 0.30%/yr vs 0.45%/yr for PFFR.

Performance

ERET vs. PFFR - Performance Comparison

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

Returns By Period

In the year-to-date period, ERET achieves a 8.23% return, which is significantly higher than PFFR's 1.56% return.

ERET

• 1D: 0.46%
• 1M: -0.18%
• YTD: 8.23%
• 6M: 8.67%
• 1Y: 10.66%
• 3Y*: 10.80%
• 5Y*: —
• 10Y*: —

PFFR

• 1D: -0.54%
• 1M: 1.00%
• YTD: 1.56%
• 6M: 1.11%
• 1Y: 6.55%
• 3Y*: 9.29%
• 5Y*: 0.99%
• 10Y*: —

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

ERET vs. PFFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ERET Ishares Environmentally Aware Real Estate ETF	8.23%	10.26%	0.60%	10.25%	0.29%
PFFR InfraCap REIT Preferred ETF	1.56%	5.36%	7.12%	21.04%	-3.69%

Correlation

The correlation between ERET and PFFR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Nov 17, 2022	0.38

Return for Risk

ERET vs. PFFR — Risk / Return Rank

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

ERET

ERET Risk / Return Rank: 25
ERET Sharpe Ratio Rank: 26
ERET Sortino Ratio Rank: 24
ERET Omega Ratio Rank: 24
ERET Calmar Ratio Rank: 23
ERET Martin Ratio Rank: 29

PFFR

PFFR Risk / Return Rank: 22
PFFR Sharpe Ratio Rank: 24
PFFR Sortino Ratio Rank: 23
PFFR Omega Ratio Rank: 23
PFFR Calmar Ratio Rank: 22
PFFR Martin Ratio Rank: 20

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. PFFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Environmentally Aware Real Estate ETF (ERET) and InfraCap REIT Preferred ETF (PFFR). 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	PFFR	Difference
Sharpe ratio: Return per unit of total volatility	0.87	0.84	+0.03
Sortino ratio: Return per unit of downside risk	1.25	1.23	+0.02
Omega ratio: Gain probability vs. loss probability	1.16	1.15	+0.01
Calmar ratio: Return relative to maximum drawdown	1.02	1.00	+0.02
Martin ratio: Return relative to average drawdown	3.75	2.30	+1.45

ERET vs. PFFR - Sharpe Ratio Comparison

The current ERET Sharpe Ratio is 0.87, which is comparable to the PFFR Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of ERET and PFFR, 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

ERET vs. PFFR - Drawdown Comparison

The maximum ERET drawdown since its inception was -20.30%, smaller than the maximum PFFR drawdown of -53.02%. Use the drawdown chart below to compare losses from any high point for ERET and PFFR.

Drawdown Indicators

	ERET	PFFR	Difference
Max Drawdown Largest peak-to-trough decline	-20.30%	-53.02%	+32.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	-6.57%	-3.90%
Max Drawdown (3Y) Largest decline over 3 years	-17.61%	-11.16%	-6.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.80%	—
Current Drawdown Current decline from peak	-2.48%	-2.32%	-0.16%
Average Drawdown Average peak-to-trough decline	-5.78%	-6.97%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.85%	0.00%

Volatility

ERET vs. PFFR - Volatility Comparison

Ishares Environmentally Aware Real Estate ETF (ERET) has a higher volatility of 4.13% compared to InfraCap REIT Preferred ETF (PFFR) at 2.10%. This indicates that ERET's price experiences larger fluctuations and is considered to be riskier than PFFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ERET	PFFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	2.10%	+2.03%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	6.05%	+3.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	7.82%	+4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	10.48%	+5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	20.48%	-4.73%

ERET vs. PFFR - Expense Ratio Comparison

ERET has a 0.30% expense ratio, which is lower than PFFR's 0.45% expense ratio.

Dividends

ERET vs. PFFR - Dividend Comparison

ERET's dividend yield for the trailing twelve months is around 3.36%, less than PFFR's 8.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ERET Ishares Environmentally Aware Real Estate ETF	3.36%	3.79%	4.26%	3.67%	0.64%	0.00%	0.00%	0.00%	0.00%	0.00%
PFFR InfraCap REIT Preferred ETF	8.30%	7.99%	7.78%	7.72%	8.60%	6.08%	6.11%	5.77%	6.48%	6.59%

Frequently Asked Questions

Can I hold both ERET and PFFR in my portfolio?

ERET and PFFR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ERET or PFFR?

ERET has higher volatility (4.13%) compared to PFFR (2.10%). In terms of maximum drawdown, ERET dropped -20.30% vs PFFR's -53.02%.

Which ETF is better, ERET or PFFR?

On 3-year performance, ERET leads with 10.80% vs 9.29% for PFFR. On fees, ERET is cheaper at 0.30% per year. On volatility, PFFR has been the lower-risk option at 2.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ERET or PFFR?

Over the 3-year period, ERET has performed better with a 10.80% return vs 9.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ERET or PFFR?

ERET is cheaper with a 0.30% expense ratio, compared with 0.45% for PFFR.

Which ETF pays a higher dividend yield, ERET or PFFR?

PFFR has the higher dividend yield at 8.30%, compared with 3.36% for ERET.

What is the main difference between ERET and PFFR?

ERET is categorized as REIT, while PFFR is Preferred Stock/Convertible Bonds. ERET tracks FTSE EPRA Nareit Developed Green Target Index, while PFFR tracks Indxx REIT Preferred Stock Index. They also come from different issuers: iShares and Virtus Investment Partners. Their fees differ too: 0.30% for ERET and 0.45% for PFFR.

Which has better risk-adjusted returns?

ERET currently has the higher Sharpe Ratio (0.87 vs 0.84), 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.