IQRA vs. URE
Compare and contrast key facts about IQ CBRE Real Assets ETF (IQRA) and ProShares Ultra Real Estate (URE).
IQRA and URE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQRA is an actively managed fund by IndexIQ. It was launched on May 9, 2023. URE is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Real Estate Index (200%). It was launched on Jan 30, 2007.
Performance
IQRA vs. URE - Performance Comparison
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IQRA vs. URE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IQRA IQ CBRE Real Assets ETF | 4.49% | 12.42% | 5.58% | 2.36% |
URE ProShares Ultra Real Estate | 1.63% | -3.65% | 0.35% | 13.21% |
Returns By Period
In the year-to-date period, IQRA achieves a 4.49% return, which is significantly higher than URE's 1.63% return.
IQRA
- 1D
- 1.36%
- 1M
- -6.36%
- YTD
- 4.49%
- 6M
- 5.13%
- 1Y
- 13.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
URE
- 1D
- 3.10%
- 1M
- -12.81%
- YTD
- 1.63%
- 6M
- -6.43%
- 1Y
- -6.73%
- 3Y*
- 3.31%
- 5Y*
- -2.68%
- 10Y*
- 1.86%
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IQRA vs. URE - Expense Ratio Comparison
IQRA has a 0.65% expense ratio, which is lower than URE's 0.95% expense ratio.
Return for Risk
IQRA vs. URE — Risk / Return Rank
IQRA
URE
IQRA vs. URE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ CBRE Real Assets ETF (IQRA) and ProShares Ultra Real Estate (URE). 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.
| IQRA | URE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | -0.21 | +1.26 |
Sortino ratioReturn per unit of downside risk | 1.47 | -0.07 | +1.54 |
Omega ratioGain probability vs. loss probability | 1.21 | 0.99 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | -0.21 | +1.63 |
Martin ratioReturn relative to average drawdown | 6.26 | -0.62 | +6.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQRA | URE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | -0.21 | +1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.07 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | -0.07 | +0.75 |
Correlation
The correlation between IQRA and URE is 0.87, 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.
Dividends
IQRA vs. URE - Dividend Comparison
IQRA's dividend yield for the trailing twelve months is around 2.85%, more than URE's 2.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQRA IQ CBRE Real Assets ETF | 2.85% | 2.83% | 3.53% | 2.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URE ProShares Ultra Real Estate | 2.30% | 2.42% | 2.09% | 1.32% | 1.26% | 0.58% | 0.94% | 1.10% | 1.53% | 0.93% | 0.96% | 0.81% |
Drawdowns
IQRA vs. URE - Drawdown Comparison
The maximum IQRA drawdown since its inception was -15.70%, smaller than the maximum URE drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for IQRA and URE.
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Drawdown Indicators
| IQRA | URE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.70% | -97.16% | +81.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.78% | -22.93% | +13.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -63.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.49% | — |
Current DrawdownCurrent decline from peak | -6.36% | -57.80% | +51.44% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -64.63% | +61.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 7.58% | -5.35% |
Volatility
IQRA vs. URE - Volatility Comparison
The current volatility for IQ CBRE Real Assets ETF (IQRA) is 4.51%, while ProShares Ultra Real Estate (URE) has a volatility of 9.23%. This indicates that IQRA experiences smaller price fluctuations and is considered to be less risky than URE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQRA | URE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 9.23% | -4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 19.05% | -11.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 32.54% | -19.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.87% | 37.26% | -24.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.87% | 40.50% | -27.63% |