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EWRE vs. FREL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EWRE and FREL is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

EWRE vs. FREL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) and Fidelity MSCI Real Estate Index ETF (FREL). The values are adjusted to include any dividend payments, if applicable.

50.00%55.00%60.00%65.00%70.00%75.00%80.00%85.00%JulyAugustSeptemberOctoberNovemberDecember
59.75%
67.70%
EWRE
FREL

Key characteristics

Returns By Period


EWRE

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FREL

YTD

4.46%

1M

-5.60%

6M

8.77%

1Y

5.57%

5Y*

3.08%

10Y*

N/A

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EWRE vs. FREL - Expense Ratio Comparison

EWRE has a 0.40% expense ratio, which is higher than FREL's 0.08% expense ratio.


EWRE
Invesco S&P 500® Equal Weight Real Estate ETF
Expense ratio chart for EWRE: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for FREL: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

EWRE vs. FREL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) and Fidelity MSCI Real Estate Index ETF (FREL). 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.


Sharpe ratio
The chart of Sharpe ratio for EWRE, currently valued at -0.18, compared to the broader market0.002.004.00-0.180.41
The chart of Sortino ratio for EWRE, currently valued at -0.20, compared to the broader market-2.000.002.004.006.008.0010.00-0.200.65
The chart of Omega ratio for EWRE, currently valued at 0.93, compared to the broader market0.501.001.502.002.503.000.931.08
The chart of Calmar ratio for EWRE, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.040.25
The chart of Martin ratio for EWRE, currently valued at -0.22, compared to the broader market0.0020.0040.0060.0080.00100.00-0.221.41
EWRE
FREL


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.18
0.41
EWRE
FREL

Dividends

EWRE vs. FREL - Dividend Comparison

EWRE has not paid dividends to shareholders, while FREL's dividend yield for the trailing twelve months is around 3.50%.


TTM202320222021202020192018201720162015
EWRE
Invesco S&P 500® Equal Weight Real Estate ETF
1.49%2.91%3.07%2.56%3.82%2.55%3.02%2.17%2.01%1.03%
FREL
Fidelity MSCI Real Estate Index ETF
3.50%3.73%3.57%2.34%3.77%3.32%5.54%3.27%4.01%3.80%

Drawdowns

EWRE vs. FREL - Drawdown Comparison


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-21.18%
-13.87%
EWRE
FREL

Volatility

EWRE vs. FREL - Volatility Comparison

The current volatility for Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) is 0.00%, while Fidelity MSCI Real Estate Index ETF (FREL) has a volatility of 5.59%. This indicates that EWRE experiences smaller price fluctuations and is considered to be less risky than FREL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember0
5.59%
EWRE
FREL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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