GLRA.L vs. WNEW.L
Compare and contrast key facts about SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L).
GLRA.L and WNEW.L 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 that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 16, 2019. WNEW.L is a passively managed fund by WisdomTree that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Feb 7, 2022. Both GLRA.L and WNEW.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GLRA.L vs. WNEW.L - Performance Comparison
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GLRA.L vs. WNEW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLRA.L SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap | 1.80% | 10.04% | -0.75% | 11.39% | -21.01% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 2.55% | 32.54% | -5.06% | 12.62% | -22.57% |
Different Trading Currencies
GLRA.L is traded in USD, while WNEW.L is traded in GBp. To make them comparable, the WNEW.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLRA.L achieves a 1.80% return, which is significantly lower than WNEW.L's 2.55% return.
GLRA.L
- 1D
- 1.50%
- 1M
- -6.36%
- YTD
- 1.80%
- 6M
- 2.07%
- 1Y
- 8.39%
- 3Y*
- 7.26%
- 5Y*
- 2.28%
- 10Y*
- —
WNEW.L
- 1D
- 2.82%
- 1M
- -6.82%
- YTD
- 2.55%
- 6M
- -1.21%
- 1Y
- 34.12%
- 3Y*
- 12.77%
- 5Y*
- —
- 10Y*
- —
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GLRA.L vs. WNEW.L - Expense Ratio Comparison
GLRA.L has a 0.40% expense ratio, which is lower than WNEW.L's 0.45% expense ratio.
Return for Risk
GLRA.L vs. WNEW.L — Risk / Return Rank
GLRA.L
WNEW.L
GLRA.L vs. WNEW.L - Risk-Adjusted Trends 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 WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L). 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.
| GLRA.L | WNEW.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 1.59 | -1.06 |
Sortino ratioReturn per unit of downside risk | 0.83 | 2.20 | -1.37 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.28 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.31 | -1.51 |
Martin ratioReturn relative to average drawdown | 3.21 | 6.37 | -3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLRA.L | WNEW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.59 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.15 | -0.10 |
Correlation
The correlation between GLRA.L and WNEW.L is 0.79, 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.
Dividends
GLRA.L vs. WNEW.L - Dividend Comparison
GLRA.L has not paid dividends to shareholders, while WNEW.L's dividend yield for the trailing twelve months is around 1.54%.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLRA.L SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.54% | 1.70% | 1.83% | 1.23% | 0.72% |
Drawdowns
GLRA.L vs. WNEW.L - Drawdown Comparison
The maximum GLRA.L drawdown since its inception was -38.24%, which is greater than WNEW.L's maximum drawdown of -34.48%. Use the drawdown chart below to compare losses from any high point for GLRA.L and WNEW.L.
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Drawdown Indicators
| GLRA.L | WNEW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.24% | -29.88% | -8.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -12.75% | +1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -34.18% | — | — |
Current DrawdownCurrent decline from peak | -8.24% | -7.61% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -15.41% | -14.87% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 5.02% | -2.43% |
Volatility
GLRA.L vs. WNEW.L - Volatility Comparison
The current volatility for SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) is 5.40%, while WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) has a volatility of 6.91%. This indicates that GLRA.L experiences smaller price fluctuations and is considered to be less risky than WNEW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLRA.L | WNEW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 6.91% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 9.34% | 14.47% | -5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 21.39% | -5.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.93% | 19.34% | -2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.47% | 19.34% | +2.13% |