EWRE vs. HDV
Compare and contrast key facts about Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) and iShares Core High Dividend ETF (HDV).
EWRE and HDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWRE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Real Estate Index. It was launched on Aug 13, 2015. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011. Both EWRE and HDV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWRE or HDV.
Key characteristics
| EWRE | HDV |
|---|
Correlation
The correlation between EWRE and HDV is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EWRE vs. HDV - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWRE vs. HDV - Expense Ratio Comparison
EWRE has a 0.40% expense ratio, which is higher than HDV's 0.08% expense ratio.
Risk-Adjusted Performance
EWRE vs. HDV - 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 iShares Core High Dividend ETF (HDV). 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.
Dividends
EWRE vs. HDV - Dividend Comparison
EWRE has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 3.41%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWRE Invesco S&P 500® Equal Weight Real Estate ETF | 3.53% | 2.91% | 3.07% | 2.56% | 3.82% | 2.55% | 3.02% | 2.17% | 2.01% | 1.03% | 0.00% | 0.00% |
HDV iShares Core High Dividend ETF | 3.41% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% | 3.20% | 3.17% |
Drawdowns
EWRE vs. HDV - Drawdown Comparison
Volatility
EWRE vs. HDV - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) is 0.00%, while iShares Core High Dividend ETF (HDV) has a volatility of 3.16%. This indicates that EWRE experiences smaller price fluctuations and is considered to be less risky than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.