JPRE vs. BRIIX

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Realty Income ETF (JPRE) and Baron Real Estate Income Fund (BRIIX).

JPRE is an actively managed fund by JPMorgan. It was launched on Dec 31, 1997. BRIIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017.

Performance

JPRE vs. BRIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Realty Income ETF (JPRE) and Baron Real Estate Income Fund (BRIIX). The values are adjusted to include any dividend payments, if applicable.

JPRE vs. BRIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JPRE JPMorgan Realty Income ETF	3.60%	1.36%	7.43%	13.41%	-9.96%
BRIIX Baron Real Estate Income Fund	1.12%	3.73%	17.32%	15.52%	-12.54%

Returns By Period

In the year-to-date period, JPRE achieves a 3.60% return, which is significantly higher than BRIIX's 1.12% return.

JPRE

• 1D: 0.35%
• 1M: -5.72%
• YTD: 3.60%
• 6M: 1.88%
• 1Y: 2.42%
• 3Y*: 7.30%
• 5Y*: —
• 10Y*: —

BRIIX

• 1D: 1.77%
• 1M: -5.14%
• YTD: 1.12%
• 6M: 0.24%
• 1Y: 5.62%
• 3Y*: 10.72%
• 5Y*: 4.00%
• 10Y*: —

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

JPRE vs. BRIIX - Expense Ratio Comparison

JPRE has a 0.50% expense ratio, which is lower than BRIIX's 1.08% expense ratio.

BRIIX

Baron Real Estate Income Fund

JPRE

JPMorgan Realty Income ETF

Return for Risk

JPRE vs. BRIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPRE

JPRE Risk / Return Rank: 15
JPRE Sharpe Ratio Rank: 15
JPRE Sortino Ratio Rank: 14
JPRE Omega Ratio Rank: 14
JPRE Calmar Ratio Rank: 16
JPRE Martin Ratio Rank: 17

BRIIX

BRIIX Risk / Return Rank: 14
BRIIX Sharpe Ratio Rank: 12
BRIIX Sortino Ratio Rank: 12
BRIIX Omega Ratio Rank: 11
BRIIX Calmar Ratio Rank: 16
BRIIX Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPRE vs. BRIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Realty Income ETF (JPRE) and Baron Real Estate Income Fund (BRIIX). 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.

	JPRE	BRIIX	Difference
Sharpe ratio Return per unit of total volatility	0.15	0.37	-0.22
Sortino ratio Return per unit of downside risk	0.32	0.61	-0.29
Omega ratio Gain probability vs. loss probability	1.04	1.08	-0.04
Calmar ratio Return relative to maximum drawdown	0.22	0.53	-0.32
Martin ratio Return relative to average drawdown	0.80	2.34	-1.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPRE vs. BRIIX - Sharpe Ratio Comparison

The current JPRE Sharpe Ratio is 0.15, which is lower than the BRIIX Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of JPRE and BRIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JPRE	BRIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.37	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.42	-0.21

Correlation

The correlation between JPRE and BRIIX is 0.93, 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

JPRE vs. BRIIX - Dividend Comparison

JPRE's dividend yield for the trailing twelve months is around 2.41%, more than BRIIX's 1.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JPRE JPMorgan Realty Income ETF	2.41%	2.62%	2.21%	3.26%	10.60%	0.00%	0.00%	0.00%	0.00%
BRIIX Baron Real Estate Income Fund	1.60%	1.70%	1.39%	1.95%	2.00%	1.21%	0.77%	1.12%	3.03%

Drawdowns

JPRE vs. BRIIX - Drawdown Comparison

The maximum JPRE drawdown since its inception was -23.84%, smaller than the maximum BRIIX drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for JPRE and BRIIX.

Drawdown Indicators

	JPRE	BRIIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.84%	-37.06%	+13.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.76%	-12.70%	+0.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.86%	—
Current Drawdown Current decline from peak	-5.85%	-5.92%	+0.07%
Average Drawdown Average peak-to-trough decline	-8.46%	-8.75%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.89%	+0.30%

Volatility

JPRE vs. BRIIX - Volatility Comparison

The current volatility for JPMorgan Realty Income ETF (JPRE) is 4.31%, while Baron Real Estate Income Fund (BRIIX) has a volatility of 4.77%. This indicates that JPRE experiences smaller price fluctuations and is considered to be less risky than BRIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPRE	BRIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	4.77%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.19%	9.05%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	15.89%	15.94%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	18.33%	+0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	20.72%	-2.27%