GLRA.L vs. VNQI
Compare and contrast key facts about SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) and Vanguard Global ex-U.S. Real Estate ETF (VNQI).
GLRA.L and VNQI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLRA.L is a passively managed fund by State Street Global Advisors Europe Limited that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 16, 2019. VNQI is a passively managed fund by Vanguard that tracks the performance of the S&P Global ex-U.S. Property Index. It was launched on Nov 1, 2010. Both GLRA.L and VNQI 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: GLRA.L or VNQI.
Key characteristics
GLRA.L | VNQI | |
---|---|---|
YTD Return | -6.05% | -0.77% |
1Y Return | 1.98% | 5.10% |
3Y Return (Ann) | -4.21% | -6.89% |
Sharpe Ratio | 0.18 | 0.35 |
Daily Std Dev | 17.52% | 15.47% |
Max Drawdown | -38.24% | -38.35% |
Current Drawdown | -22.46% | -22.65% |
Correlation
The correlation between GLRA.L and VNQI is 0.58, 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
GLRA.L vs. VNQI - Performance Comparison
In the year-to-date period, GLRA.L achieves a -6.05% return, which is significantly lower than VNQI's -0.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLRA.L vs. VNQI - Expense Ratio Comparison
GLRA.L has a 0.40% expense ratio, which is higher than VNQI's 0.12% expense ratio.
Risk-Adjusted Performance
GLRA.L vs. VNQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) and Vanguard Global ex-U.S. Real Estate ETF (VNQI). 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
GLRA.L vs. VNQI - Dividend Comparison
GLRA.L has not paid dividends to shareholders, while VNQI's dividend yield for the trailing twelve months is around 3.77%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard Global ex-U.S. Real Estate ETF | 3.77% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% | 4.11% | 3.27% |
Drawdowns
GLRA.L vs. VNQI - Drawdown Comparison
The maximum GLRA.L drawdown since its inception was -38.24%, roughly equal to the maximum VNQI drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for GLRA.L and VNQI. For additional features, visit the drawdowns tool.
Volatility
GLRA.L vs. VNQI - Volatility Comparison
The current volatility for SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) is 4.61%, while Vanguard Global ex-U.S. Real Estate ETF (VNQI) has a volatility of 4.89%. This indicates that GLRA.L experiences smaller price fluctuations and is considered to be less risky than VNQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.