IWY vs. JPRE
IWY (iShares Russell Top 200 Growth ETF) and JPRE (JPMorgan Realty Income ETF) are both exchange-traded funds - IWY is a Large Cap Growth Equities fund tracking the Russell Top 200 Growth Index, while JPRE is a REIT fund actively managed by JPMorgan. IWY is passively managed, while JPRE is actively managed. Over the past 3 years, IWY returned 23.50%/yr vs 10.20%/yr for JPRE. At a 0.37 correlation, their price movements are largely independent. IWY charges 0.20%/yr vs 0.50%/yr for JPRE.
Performance
IWY vs. JPRE - Performance Comparison
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Returns By Period
In the year-to-date period, IWY achieves a 5.40% return, which is significantly lower than JPRE's 13.29% return.
IWY
- 1D
- 2.34%
- 1M
- -0.22%
- YTD
- 5.40%
- 6M
- 6.65%
- 1Y
- 24.23%
- 3Y*
- 23.50%
- 5Y*
- 15.67%
- 10Y*
- 19.59%
JPRE
- 1D
- -0.70%
- 1M
- 3.63%
- YTD
- 13.29%
- 6M
- 12.69%
- 1Y
- 12.70%
- 3Y*
- 10.20%
- 5Y*
- —
- 10Y*
- —
IWY vs. JPRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | 5.40% | 18.19% | 34.89% | 46.49% | -4.72% |
JPRE JPMorgan Realty Income ETF | 13.29% | 1.36% | 7.43% | 13.41% | -9.60% |
Correlation
The correlation between IWY and JPRE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 23, 2022 | 0.37 |
Over the past year, the correlation between IWY and JPRE has dropped to 0.02 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
IWY vs. JPRE — Risk / Return Rank
IWY
JPRE
IWY vs. JPRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and JPMorgan Realty Income ETF (JPRE). 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.
| IWY | JPRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.66 | -0.19 |
| Martin ratioReturn relative to average drawdown | 4.70 | 4.55 | +0.15 |
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Drawdowns
IWY vs. JPRE - Drawdown Comparison
The maximum IWY drawdown since its inception was -32.68%, which is greater than JPRE's maximum drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for IWY and JPRE.
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Drawdown Indicators
| IWY | JPRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.68% | -23.84% | -8.84% |
Max Drawdown (1Y)Largest decline over 1 year | -16.63% | -7.70% | -8.93% |
Max Drawdown (3Y)Largest decline over 3 years | -23.22% | -16.27% | -6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -32.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.68% | — | — |
Current DrawdownCurrent decline from peak | -3.47% | -0.70% | -2.77% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -8.10% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.17% | 2.80% | +2.37% |
Volatility
IWY vs. JPRE - Volatility Comparison
iShares Russell Top 200 Growth ETF (IWY) has a higher volatility of 5.68% compared to JPMorgan Realty Income ETF (JPRE) at 5.15%. This indicates that IWY's price experiences larger fluctuations and is considered to be riskier than JPRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWY | JPRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 5.15% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 10.07% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.14% | 13.47% | +2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.57% | 18.29% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 18.29% | +2.74% |
IWY vs. JPRE - Expense Ratio Comparison
IWY has a 0.20% expense ratio, which is lower than JPRE's 0.50% expense ratio.
Dividends
IWY vs. JPRE - Dividend Comparison
IWY's dividend yield for the trailing twelve months is around 0.43%, less than JPRE's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | 0.43% | 0.36% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% |
JPRE JPMorgan Realty Income ETF | 2.20% | 2.62% | 2.21% | 3.26% | 10.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IWY and JPRE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWY has higher volatility (5.68%) compared to JPRE (5.15%). In terms of maximum drawdown, IWY dropped -32.68% vs JPRE's -23.84%.
On 3-year performance, IWY leads with 23.50% vs 10.20% for JPRE. On fees, IWY is cheaper at 0.20% per year. On volatility, JPRE has been the lower-risk option at 5.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IWY has performed better with a 23.50% return vs 10.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWY is cheaper with a 0.20% expense ratio, compared with 0.50% for JPRE.
JPRE has the higher dividend yield at 2.20%, compared with 0.43% for IWY.
IWY is categorized as Large Cap Growth Equities, while JPRE is REIT. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.20% for IWY and 0.50% for JPRE.
IWY currently has the higher Sharpe Ratio (1.51 vs 0.95), 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.
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