IARCX vs. XLRE
Compare and contrast key facts about Invesco Real Estate Fund (IARCX) and Real Estate Select Sector SPDR Fund (XLRE).
IARCX is managed by Invesco. It was launched on May 1, 1995. XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IARCX or XLRE.
Key characteristics
| IARCX | XLRE | |
|---|---|---|
| YTD Return | 5.50% | 9.88% |
| 1Y Return | 22.49% | 30.46% |
| 3Y Return (Ann) | -7.76% | -0.42% |
| 5Y Return (Ann) | -4.28% | 5.83% |
| Sharpe Ratio | 1.29 | 1.72 |
| Sortino Ratio | 1.90 | 2.48 |
| Omega Ratio | 1.23 | 1.31 |
| Calmar Ratio | 0.32 | 0.97 |
| Martin Ratio | 4.41 | 7.06 |
| Ulcer Index | 4.84% | 4.16% |
| Daily Std Dev | 16.56% | 17.05% |
| Max Drawdown | -82.93% | -38.83% |
| Current Drawdown | -58.39% | -8.94% |
Correlation
The correlation between IARCX and XLRE is 0.96, 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
IARCX vs. XLRE - Performance Comparison
In the year-to-date period, IARCX achieves a 5.50% return, which is significantly lower than XLRE's 9.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IARCX vs. XLRE - Expense Ratio Comparison
IARCX has a 1.98% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Risk-Adjusted Performance
IARCX vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Real Estate Fund (IARCX) and Real Estate Select Sector SPDR Fund (XLRE). 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.
Dividends
IARCX vs. XLRE - Dividend Comparison
IARCX's dividend yield for the trailing twelve months is around 1.44%, less than XLRE's 3.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IARCX Invesco Real Estate Fund | 1.44% | 1.31% | 0.09% | 0.17% | 0.76% | 0.82% | 0.65% | 0.39% | 1.11% | 0.43% | 0.14% | 0.36% |
XLRE Real Estate Select Sector SPDR Fund | 3.22% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% | 0.00% |
Drawdowns
IARCX vs. XLRE - Drawdown Comparison
The maximum IARCX drawdown since its inception was -82.93%, which is greater than XLRE's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for IARCX and XLRE. For additional features, visit the drawdowns tool.
Volatility
IARCX vs. XLRE - Volatility Comparison
The current volatility for Invesco Real Estate Fund (IARCX) is 5.32%, while Real Estate Select Sector SPDR Fund (XLRE) has a volatility of 5.78%. This indicates that IARCX experiences smaller price fluctuations and is considered to be less risky than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.