IVRA vs. REZ
Compare and contrast key facts about Invesco Real Assets ESG ETF (IVRA) and iShares Residential Real Estate ETF (REZ).
IVRA and REZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVRA is an actively managed fund by Invesco. It was launched on Dec 22, 2020. REZ is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT All Residential Capped Index. It was launched on May 4, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVRA or REZ.
Correlation
The correlation between IVRA and REZ is 0.80, 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
IVRA vs. REZ - Performance Comparison
Key characteristics
IVRA:
1.79
REZ:
1.49
IVRA:
2.42
REZ:
2.06
IVRA:
1.32
REZ:
1.25
IVRA:
1.53
REZ:
0.89
IVRA:
7.80
REZ:
4.99
IVRA:
3.10%
REZ:
4.83%
IVRA:
13.51%
REZ:
16.18%
IVRA:
-25.98%
REZ:
-66.84%
IVRA:
-3.08%
REZ:
-7.98%
Returns By Period
In the year-to-date period, IVRA achieves a 4.64% return, which is significantly higher than REZ's 3.92% return.
IVRA
4.64%
1.32%
4.46%
22.35%
N/A
N/A
REZ
3.92%
5.05%
-0.73%
23.49%
3.46%
6.67%
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IVRA vs. REZ - Expense Ratio Comparison
IVRA has a 0.59% expense ratio, which is higher than REZ's 0.48% expense ratio.
Risk-Adjusted Performance
IVRA vs. REZ — Risk-Adjusted Performance Rank
IVRA
REZ
IVRA vs. REZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Real Assets ESG ETF (IVRA) and iShares Residential Real Estate ETF (REZ). 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
IVRA vs. REZ - Dividend Comparison
IVRA's dividend yield for the trailing twelve months is around 3.47%, more than REZ's 2.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVRA Invesco Real Assets ESG ETF | 3.47% | 3.72% | 2.50% | 2.33% | 5.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
REZ iShares Residential Real Estate ETF | 2.17% | 2.26% | 2.94% | 3.37% | 1.81% | 3.17% | 2.90% | 3.63% | 3.57% | 5.54% | 3.18% | 3.13% |
Drawdowns
IVRA vs. REZ - Drawdown Comparison
The maximum IVRA drawdown since its inception was -25.98%, smaller than the maximum REZ drawdown of -66.84%. Use the drawdown chart below to compare losses from any high point for IVRA and REZ. For additional features, visit the drawdowns tool.
Volatility
IVRA vs. REZ - Volatility Comparison
The current volatility for Invesco Real Assets ESG ETF (IVRA) is 3.26%, while iShares Residential Real Estate ETF (REZ) has a volatility of 4.56%. This indicates that IVRA experiences smaller price fluctuations and is considered to be less risky than REZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.