IQRA vs. JRE

Last updated Aug 2, 2026

IQRA (IQ CBRE Real Assets ETF) and JRE (Janus Henderson U.S. Real Estate ETF) are both REIT funds. Both are actively managed. Over the past 3 years, IQRA returned 10.61%/yr vs 11.22%/yr for JRE. Their correlation of 0.87 means they have usually moved in the same direction. Both charge a 0.65% expense ratio.

Performance

IQRA vs. JRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ CBRE Real Assets ETF (IQRA) and Janus Henderson U.S. Real Estate ETF (JRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQRA achieves a 10.58% return, which is significantly lower than JRE's 21.26% return.

IQRA

• 1D: -0.39%
• 1M: 0.61%
• 6M: 7.07%
• YTD: 10.58%
• 1Y: 15.50%
• 3Y*: 10.61%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.73%

JRE

• 1D: -0.56%
• 1M: 1.57%
• 6M: 18.21%
• YTD: 21.26%
• 1Y: 25.57%
• 3Y*: 11.22%
• 5Y*: 4.22%
• 10Y*: —
• ALL TIME*: 5.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQRA IQ CBRE Real Assets ETF	$2.55K	$1.67K	$1.07K
JRE Janus Henderson U.S. Real Estate ETF	$46.81K	$44.87K	$37.37K

IQRA vs. JRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IQRA IQ CBRE Real Assets ETF	10.58%	12.42%	5.58%	2.80%
JRE Janus Henderson U.S. Real Estate ETF	21.26%	2.97%	7.65%	4.94%

Correlation

The correlation between IQRA and JRE is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (All Time) Calculated using the full available price history since May 10, 2023	0.87

The correlation between IQRA and JRE has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

Return for Risk

IQRA vs. JRE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IQRA

IQRA Risk / Return Rank: 58
IQRA Sharpe Ratio Rank: 62
IQRA Sortino Ratio Rank: 58
IQRA Omega Ratio Rank: 60
IQRA Calmar Ratio Rank: 56
IQRA Martin Ratio Rank: 54

JRE

JRE Risk / Return Rank: 83
JRE Sharpe Ratio Rank: 81
JRE Sortino Ratio Rank: 80
JRE Omega Ratio Rank: 79
JRE Calmar Ratio Rank: 88
JRE Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IQRA vs. JRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ CBRE Real Assets ETF (IQRA) and Janus Henderson U.S. Real Estate ETF (JRE). 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.

	IQRA	JRE	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.87	-0.40
Sortino ratio: Return per unit of downside risk	2.00	2.59	-0.59
Omega ratio: Gain probability vs. loss probability	1.26	1.33	-0.07
Calmar ratio: Return relative to maximum drawdown	1.98	3.62	-1.64
Martin ratio: Return relative to average drawdown	6.42	11.81	-5.38

IQRA vs. JRE - Sharpe Ratio Comparison

The current IQRA Sharpe Ratio is 1.46, which is comparable to the JRE Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of IQRA and JRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IQRA vs. JRE - Drawdown Comparison

The maximum IQRA drawdown since its inception was -15.70%, smaller than the maximum JRE drawdown of -31.69%. Use the drawdown chart below to compare losses from any high point for IQRA and JRE.

Drawdown Indicators

	IQRA	JRE	Difference
Max Drawdown Largest peak-to-trough decline	-15.70%	-31.69%	+15.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.01%	-7.14%	-0.87%
Max Drawdown (3Y) Largest decline over 3 years	-12.59%	-18.37%	+5.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.69%	—
Current Drawdown Current decline from peak	-1.88%	-2.97%	+1.09%
Average Drawdown Average peak-to-trough decline	-3.09%	-12.26%	+9.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.18%	+0.28%

Volatility

IQRA vs. JRE - Volatility Comparison

The current volatility for IQ CBRE Real Assets ETF (IQRA) is 2.83%, while Janus Henderson U.S. Real Estate ETF (JRE) has a volatility of 5.05%. This indicates that IQRA experiences smaller price fluctuations and is considered to be less risky than JRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQRA	JRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	5.05%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	8.93%	11.02%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	10.86%	13.93%	-3.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	18.75%	-5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.77%	18.69%	-5.92%

IQRA vs. JRE - Expense Ratio Comparison

Both IQRA and JRE have an expense ratio of 0.65%.

Dividends

IQRA vs. JRE - Dividend Comparison

IQRA's dividend yield for the trailing twelve months is around 2.64%, less than JRE's 4.64% yield.

Position	TTM	2025	2024	2023	2022	2021
IQRA IQ CBRE Real Assets ETF	2.64%	2.83%	3.53%	2.14%	0.00%	0.00%
JRE Janus Henderson U.S. Real Estate ETF	4.64%	5.81%	2.20%	2.77%	2.87%	0.90%

Frequently Asked Questions

Can I hold both IQRA and JRE in my portfolio?

IQRA and JRE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IQRA or JRE?

JRE has higher volatility (5.05%) compared to IQRA (2.83%). In terms of maximum drawdown, IQRA dropped -15.70% vs JRE's -31.69%.

Which ETF is better, IQRA or JRE?

On 3-year performance, JRE leads with 11.22% vs 10.61% for IQRA. Both ETFs have the same 0.65% expense ratio. On volatility, IQRA has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQRA or JRE?

Over the 3-year period, JRE has performed better with a 11.22% return vs 10.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQRA or JRE?

IQRA and JRE have the same expense ratio: 0.65% per year.

Which ETF pays a higher dividend yield, IQRA or JRE?

JRE has the higher dividend yield at 4.64%, compared with 2.64% for IQRA.

What is the main difference between IQRA and JRE?

They also come from different issuers: IndexIQ and Janus Henderson.

Which has better risk-adjusted returns?

JRE currently has the higher Sharpe Ratio (1.87 vs 1.46), 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.