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GLRE.L vs. TRET.AS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GLRE.LTRET.AS
YTD Return4.49%11.97%
1Y Return23.90%28.90%
3Y Return (Ann)-3.53%0.16%
5Y Return (Ann)0.40%2.58%
10Y Return (Ann)2.74%4.78%
Sharpe Ratio1.201.91
Sortino Ratio1.822.75
Omega Ratio1.231.34
Calmar Ratio0.650.25
Martin Ratio4.0710.51
Ulcer Index4.32%2.34%
Daily Std Dev15.53%13.30%
Max Drawdown-43.26%-99.19%
Current Drawdown-13.55%-97.93%

Correlation

-0.50.00.51.00.8

The correlation between GLRE.L and TRET.AS 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.

Performance

GLRE.L vs. TRET.AS - Performance Comparison

In the year-to-date period, GLRE.L achieves a 4.49% return, which is significantly lower than TRET.AS's 11.97% return. Over the past 10 years, GLRE.L has underperformed TRET.AS with an annualized return of 2.74%, while TRET.AS has yielded a comparatively higher 4.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
8.46%
9.40%
GLRE.L
TRET.AS

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GLRE.L vs. TRET.AS - Expense Ratio Comparison

GLRE.L has a 0.40% expense ratio, which is higher than TRET.AS's 0.25% expense ratio.


GLRE.L
SPDR Dow Jones Global Real Estate UCITS ETF
Expense ratio chart for GLRE.L: 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 TRET.AS: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

GLRE.L vs. TRET.AS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Global Real Estate UCITS ETF (GLRE.L) and VanEck Global Real Estate UCITS ETF (TRET.AS). 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.


GLRE.L
Sharpe ratio
The chart of Sharpe ratio for GLRE.L, currently valued at 1.26, compared to the broader market-2.000.002.004.006.001.26
Sortino ratio
The chart of Sortino ratio for GLRE.L, currently valued at 1.90, compared to the broader market-2.000.002.004.006.008.0010.0012.001.90
Omega ratio
The chart of Omega ratio for GLRE.L, currently valued at 1.24, compared to the broader market1.001.502.002.503.001.24
Calmar ratio
The chart of Calmar ratio for GLRE.L, currently valued at 0.69, compared to the broader market0.005.0010.0015.000.69
Martin ratio
The chart of Martin ratio for GLRE.L, currently valued at 4.23, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.23
TRET.AS
Sharpe ratio
The chart of Sharpe ratio for TRET.AS, currently valued at 1.53, compared to the broader market-2.000.002.004.006.001.53
Sortino ratio
The chart of Sortino ratio for TRET.AS, currently valued at 2.21, compared to the broader market-2.000.002.004.006.008.0010.0012.002.21
Omega ratio
The chart of Omega ratio for TRET.AS, currently valued at 1.28, compared to the broader market1.001.502.002.503.001.28
Calmar ratio
The chart of Calmar ratio for TRET.AS, currently valued at 0.22, compared to the broader market0.005.0010.0015.000.22
Martin ratio
The chart of Martin ratio for TRET.AS, currently valued at 6.36, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.36

GLRE.L vs. TRET.AS - Sharpe Ratio Comparison

The current GLRE.L Sharpe Ratio is 1.20, which is lower than the TRET.AS Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of GLRE.L and TRET.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.26
1.53
GLRE.L
TRET.AS

Dividends

GLRE.L vs. TRET.AS - Dividend Comparison

GLRE.L's dividend yield for the trailing twelve months is around 2.65%, less than TRET.AS's 3.34% yield.


TTM20232022202120202019201820172016201520142013
GLRE.L
SPDR Dow Jones Global Real Estate UCITS ETF
2.65%2.62%2.85%1.82%2.51%3.16%3.54%3.86%2.66%2.15%2.27%2.55%
TRET.AS
VanEck Global Real Estate UCITS ETF
3.34%3.67%4.68%1.78%4.43%3.33%4.31%3.16%3.13%2.55%2.70%3.01%

Drawdowns

GLRE.L vs. TRET.AS - Drawdown Comparison

The maximum GLRE.L drawdown since its inception was -43.26%, smaller than the maximum TRET.AS drawdown of -99.19%. Use the drawdown chart below to compare losses from any high point for GLRE.L and TRET.AS. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-13.55%
-98.34%
GLRE.L
TRET.AS

Volatility

GLRE.L vs. TRET.AS - Volatility Comparison

SPDR Dow Jones Global Real Estate UCITS ETF (GLRE.L) and VanEck Global Real Estate UCITS ETF (TRET.AS) have volatilities of 4.17% and 4.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%JuneJulyAugustSeptemberOctoberNovember
4.17%
4.28%
GLRE.L
TRET.AS