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SPRE vs. GQRE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPRE and GQRE is 0.90, 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.


-0.50.00.51.00.9

Performance

SPRE vs. GQRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global REIT Sharia ETF (SPRE) and FlexShares Global Quality Real Estate Index Fund (GQRE). The values are adjusted to include any dividend payments, if applicable.

5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
14.01%
11.13%
SPRE
GQRE

Key characteristics

Sharpe Ratio

SPRE:

0.20

GQRE:

0.53

Sortino Ratio

SPRE:

0.38

GQRE:

0.80

Omega Ratio

SPRE:

1.05

GQRE:

1.10

Calmar Ratio

SPRE:

0.11

GQRE:

0.30

Martin Ratio

SPRE:

0.73

GQRE:

2.35

Ulcer Index

SPRE:

4.45%

GQRE:

3.14%

Daily Std Dev

SPRE:

16.11%

GQRE:

13.89%

Max Drawdown

SPRE:

-38.34%

GQRE:

-41.87%

Current Drawdown

SPRE:

-21.83%

GQRE:

-16.23%

Returns By Period

In the year-to-date period, SPRE achieves a 1.34% return, which is significantly lower than GQRE's 5.39% return.


SPRE

YTD

1.34%

1M

-5.83%

6M

3.26%

1Y

2.45%

5Y*

N/A

10Y*

N/A

GQRE

YTD

5.39%

1M

-4.04%

6M

7.79%

1Y

6.60%

5Y*

0.38%

10Y*

3.05%

Compare stocks, funds, or ETFs

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


SPRE vs. GQRE - Expense Ratio Comparison

SPRE has a 0.69% expense ratio, which is higher than GQRE's 0.45% expense ratio.


SPRE
SP Funds S&P Global REIT Sharia ETF
Expense ratio chart for SPRE: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for GQRE: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

SPRE vs. GQRE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global REIT Sharia ETF (SPRE) and FlexShares Global Quality Real Estate Index Fund (GQRE). 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.


Sharpe ratio
The chart of Sharpe ratio for SPRE, currently valued at 0.20, compared to the broader market0.002.004.000.200.53
The chart of Sortino ratio for SPRE, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.380.80
The chart of Omega ratio for SPRE, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.10
The chart of Calmar ratio for SPRE, currently valued at 0.11, compared to the broader market0.005.0010.0015.000.110.30
The chart of Martin ratio for SPRE, currently valued at 0.73, compared to the broader market0.0020.0040.0060.0080.00100.000.732.35
SPRE
GQRE

The current SPRE Sharpe Ratio is 0.20, which is lower than the GQRE Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of SPRE and GQRE, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.20
0.53
SPRE
GQRE

Dividends

SPRE vs. GQRE - Dividend Comparison

SPRE's dividend yield for the trailing twelve months is around 4.25%, more than GQRE's 3.80% yield.


TTM20232022202120202019201820172016201520142013
SPRE
SP Funds S&P Global REIT Sharia ETF
4.25%4.16%4.17%2.83%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GQRE
FlexShares Global Quality Real Estate Index Fund
3.80%2.90%2.56%2.36%2.05%4.29%3.22%1.97%4.16%2.32%2.57%0.39%

Drawdowns

SPRE vs. GQRE - Drawdown Comparison

The maximum SPRE drawdown since its inception was -38.34%, smaller than the maximum GQRE drawdown of -41.87%. Use the drawdown chart below to compare losses from any high point for SPRE and GQRE. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-21.83%
-16.23%
SPRE
GQRE

Volatility

SPRE vs. GQRE - Volatility Comparison

SP Funds S&P Global REIT Sharia ETF (SPRE) has a higher volatility of 5.66% compared to FlexShares Global Quality Real Estate Index Fund (GQRE) at 4.70%. This indicates that SPRE's price experiences larger fluctuations and is considered to be riskier than GQRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.66%
4.70%
SPRE
GQRE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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