GQRE vs. SRET
GQRE (FlexShares Global Quality Real Estate Index Fund) and SRET (Global X SuperDividend REIT ETF) are both REIT funds - GQRE tracks the Northern Trust Global Quality Real Estate (NR) while SRET tracks the Solactive Global SuperDividend REIT Index. Both are passively managed. Over the past 10 years, GQRE returned 4.14%/yr vs 1.19%/yr for SRET. A 0.78 correlation means they provide meaningful diversification when combined. GQRE charges 0.45%/yr vs 0.58%/yr for SRET.
Performance
GQRE vs. SRET - Performance Comparison
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Returns By Period
In the year-to-date period, GQRE achieves a 9.74% return, which is significantly higher than SRET's 6.56% return. Over the past 10 years, GQRE has outperformed SRET with an annualized return of 4.14%, while SRET has yielded a comparatively lower 1.19% annualized return.
GQRE
- 1D
- 0.38%
- 1M
- 0.22%
- YTD
- 9.74%
- 6M
- 9.63%
- 1Y
- 11.61%
- 3Y*
- 12.08%
- 5Y*
- 2.31%
- 10Y*
- 4.14%
SRET
- 1D
- 0.55%
- 1M
- 0.39%
- YTD
- 6.56%
- 6M
- 6.91%
- 1Y
- 15.46%
- 3Y*
- 11.53%
- 5Y*
- 1.79%
- 10Y*
- 1.19%
GQRE vs. SRET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GQRE FlexShares Global Quality Real Estate Index Fund | 9.74% | 8.27% | 6.09% | 9.21% | -27.22% | 32.01% | -9.17% | 21.84% | -8.88% | 13.60% |
SRET Global X SuperDividend REIT ETF | 6.56% | 18.09% | -1.55% | 9.85% | -18.24% | 14.00% | -36.63% | 22.77% | -5.52% | 17.80% |
Correlation
The correlation between GQRE and SRET is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2015 | 0.78 |
The correlation between GQRE and SRET has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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Return for Risk
GQRE vs. SRET — Risk / Return Rank
GQRE
SRET
GQRE vs. SRET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Global Quality Real Estate Index Fund (GQRE) and Global X SuperDividend REIT ETF (SRET). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GQRE | SRET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.64 | -0.49 |
| Martin ratioReturn relative to average drawdown | 4.32 | 6.74 | -2.42 |
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Drawdowns
GQRE vs. SRET - Drawdown Comparison
The maximum GQRE drawdown since its inception was -41.87%, smaller than the maximum SRET drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for GQRE and SRET.
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Drawdown Indicators
| GQRE | SRET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.87% | -66.98% | +25.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -9.48% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.17% | -18.87% | +2.70% |
Max Drawdown (5Y)Largest decline over 5 years | -35.08% | -29.43% | -5.65% |
Max Drawdown (10Y)Largest decline over 10 years | -41.87% | -66.98% | +25.11% |
Current DrawdownCurrent decline from peak | -1.27% | -22.17% | +20.90% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -22.48% | +13.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.30% | +0.40% |
Volatility
GQRE vs. SRET - Volatility Comparison
FlexShares Global Quality Real Estate Index Fund (GQRE) and Global X SuperDividend REIT ETF (SRET) have volatilities of 3.71% and 3.78%, 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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Volatility by Period
| GQRE | SRET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 3.78% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 9.15% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.84% | 11.51% | +0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 16.50% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.64% | 24.59% | -6.95% |
GQRE vs. SRET - Expense Ratio Comparison
GQRE has a 0.45% expense ratio, which is lower than SRET's 0.58% expense ratio.
Dividends
GQRE vs. SRET - Dividend Comparison
GQRE's dividend yield for the trailing twelve months is around 4.28%, less than SRET's 7.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQRE FlexShares Global Quality Real Estate Index Fund | 4.28% | 4.75% | 3.77% | 2.91% | 2.56% | 2.36% | 2.05% | 4.29% | 3.22% | 1.97% | 4.16% | 2.32% |
SRET Global X SuperDividend REIT ETF | 7.91% | 7.98% | 8.72% | 7.21% | 8.30% | 6.33% | 8.88% | 7.83% | 8.54% | 8.20% | 8.08% | 7.74% |
Frequently Asked Questions
GQRE and SRET have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SRET has higher volatility (3.78%) compared to GQRE (3.71%). In terms of maximum drawdown, GQRE dropped -41.87% vs SRET's -66.98%.
On 10-year performance, GQRE leads with 4.14% vs 1.19% for SRET. On fees, GQRE is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, GQRE has performed better with a 4.14% return vs 1.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GQRE is cheaper with a 0.45% expense ratio, compared with 0.58% for SRET.
SRET has the higher dividend yield at 7.91%, compared with 4.28% for GQRE.
GQRE tracks Northern Trust Global Quality Real Estate (NR), while SRET tracks Solactive Global SuperDividend REIT Index. They also come from different issuers: Northern Trust and Global X. Their fees differ too: 0.45% for GQRE and 0.58% for SRET.
SRET currently has the higher Sharpe Ratio (1.35 vs 0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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