Correlation
The correlation between GQRE and RWO is 0.65, 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.
GQRE vs. RWO
Compare and contrast key facts about FlexShares Global Quality Real Estate Index Fund (GQRE) and SPDR Dow Jones Global Real Estate ETF (RWO).
GQRE and RWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GQRE is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Global Quality Real Estate (NR). It was launched on Nov 6, 2013. RWO is a passively managed fund by State Street that tracks the performance of the Dow Jones Global Select Real Estate Securities Index. It was launched on May 13, 2008. Both GQRE and RWO 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: GQRE or RWO.
Performance
GQRE vs. RWO - Performance Comparison
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Key characteristics
GQRE:
0.88
RWO:
0.79
GQRE:
1.30
RWO:
1.19
GQRE:
1.17
RWO:
1.16
GQRE:
0.60
RWO:
0.58
GQRE:
3.12
RWO:
2.11
GQRE:
4.58%
RWO:
6.26%
GQRE:
16.05%
RWO:
16.50%
GQRE:
-41.87%
RWO:
-68.60%
GQRE:
-12.05%
RWO:
-11.66%
Returns By Period
The year-to-date returns for both investments are quite close, with GQRE having a 4.31% return and RWO slightly higher at 4.52%. Over the past 10 years, GQRE has outperformed RWO with an annualized return of 3.29%, while RWO has yielded a comparatively lower 2.83% annualized return.
GQRE
4.31%
0.87%
-2.19%
12.40%
1.33%
5.91%
3.29%
RWO
4.52%
0.86%
-2.83%
11.24%
0.73%
6.48%
2.83%
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GQRE vs. RWO - Expense Ratio Comparison
GQRE has a 0.45% expense ratio, which is lower than RWO's 0.50% expense ratio.
Risk-Adjusted Performance
GQRE vs. RWO — Risk-Adjusted Performance Rank
GQRE
RWO
GQRE vs. RWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Global Quality Real Estate Index Fund (GQRE) and SPDR Dow Jones Global Real Estate ETF (RWO). 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.
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Dividends
GQRE vs. RWO - Dividend Comparison
GQRE's dividend yield for the trailing twelve months is around 3.75%, more than RWO's 3.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQRE FlexShares Global Quality Real Estate Index Fund | 3.75% | 3.77% | 2.91% | 2.56% | 2.36% | 2.05% | 4.29% | 3.22% | 1.97% | 4.16% | 2.32% | 2.57% |
RWO SPDR Dow Jones Global Real Estate ETF | 3.62% | 3.68% | 3.53% | 3.69% | 2.79% | 3.25% | 3.97% | 3.90% | 3.26% | 3.77% | 2.97% | 3.08% |
Drawdowns
GQRE vs. RWO - Drawdown Comparison
The maximum GQRE drawdown since its inception was -41.87%, smaller than the maximum RWO drawdown of -68.60%. Use the drawdown chart below to compare losses from any high point for GQRE and RWO.
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Volatility
GQRE vs. RWO - Volatility Comparison
FlexShares Global Quality Real Estate Index Fund (GQRE) and SPDR Dow Jones Global Real Estate ETF (RWO) have volatilities of 4.04% and 4.21%, 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.
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