JPRE vs. PPTY

Last updated Jun 6, 2026

JPRE (JPMorgan Realty Income ETF) and PPTY (US Diversified Real Estate ETF) are both REIT funds. JPRE is actively managed, while PPTY is passively managed. Over the past 3 years, JPRE returned 10.61%/yr vs 9.61%/yr for PPTY. Their correlation of 0.93 suggests significant overlap in exposure. JPRE charges 0.50%/yr vs 0.49%/yr for PPTY.

Performance

JPRE vs. PPTY - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with JPRE having a 12.40% return and PPTY slightly lower at 12.10%.

JPRE

• 1D: 1.16%
• 1M: 0.09%
• YTD: 12.40%
• 6M: 11.91%
• 1Y: 12.36%
• 3Y*: 10.61%
• 5Y*: —
• 10Y*: —

PPTY

• 1D: 1.02%
• 1M: 1.76%
• YTD: 12.10%
• 6M: 12.82%
• 1Y: 13.49%
• 3Y*: 9.61%
• 5Y*: 2.79%
• 10Y*: —

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

JPRE vs. PPTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JPRE JPMorgan Realty Income ETF	12.40%	1.36%	7.43%	13.41%	-9.96%
PPTY US Diversified Real Estate ETF	12.10%	-3.47%	9.85%	12.66%	-11.38%

Correlation

The correlation between JPRE and PPTY is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since May 24, 2022	0.93

The correlation between JPRE and PPTY has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

JPRE vs. PPTY - Sectors Allocation Comparison

Sectors	JPRE	PPTY
Real Estate	98.1%	93.6%
Basic Materials	0.6%	-
Industrials	0.6%	-
Communication Services	-	-
Consumer Cyclical	-	5.6%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.5%
Healthcare	-	0.4%
Technology	-	-
Utilities	-	-

Return for Risk

JPRE vs. PPTY — Risk / Return Rank

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

JPRE

JPRE Risk / Return Rank: 29
JPRE Sharpe Ratio Rank: 28
JPRE Sortino Ratio Rank: 26
JPRE Omega Ratio Rank: 26
JPRE Calmar Ratio Rank: 34
JPRE Martin Ratio Rank: 31

PPTY

PPTY Risk / Return Rank: 30
PPTY Sharpe Ratio Rank: 29
PPTY Sortino Ratio Rank: 28
PPTY Omega Ratio Rank: 27
PPTY Calmar Ratio Rank: 35
PPTY Martin Ratio Rank: 33

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. PPTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Realty Income ETF (JPRE) and US Diversified Real Estate ETF (PPTY). 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	PPTY	Difference
Sharpe ratio: Return per unit of total volatility	0.94	0.99	-0.04
Sortino ratio: Return per unit of downside risk	1.33	1.43	-0.10
Omega ratio: Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio: Return relative to maximum drawdown	1.61	1.68	-0.06
Martin ratio: Return relative to average drawdown	4.43	4.82	-0.39
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. PPTY - Sharpe Ratio Comparison

The current JPRE Sharpe Ratio is 0.94, which is comparable to the PPTY Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of JPRE and PPTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JPRE	PPTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	0.99	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.32	-0.01

Drawdowns

JPRE vs. PPTY - Drawdown Comparison

The maximum JPRE drawdown since its inception was -23.84%, smaller than the maximum PPTY drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for JPRE and PPTY.

Drawdown Indicators

	JPRE	PPTY	Difference
Max Drawdown Largest peak-to-trough decline	-23.84%	-41.69%	+17.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	-8.09%	+0.39%
Max Drawdown (3Y) Largest decline over 3 years	-16.27%	-21.06%	+4.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.37%	—
Current Drawdown Current decline from peak	-0.59%	-1.23%	+0.64%
Average Drawdown Average peak-to-trough decline	-8.15%	-11.34%	+3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	2.80%	-0.01%

Volatility

JPRE vs. PPTY - Volatility Comparison

JPMorgan Realty Income ETF (JPRE) has a higher volatility of 4.23% compared to US Diversified Real Estate ETF (PPTY) at 3.94%. This indicates that JPRE's price experiences larger fluctuations and is considered to be riskier than PPTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPRE	PPTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	3.94%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	9.65%	9.51%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	13.76%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.29%	18.58%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	21.92%	-3.63%

JPRE vs. PPTY - Expense Ratio Comparison

JPRE has a 0.50% expense ratio, which is higher than PPTY's 0.49% expense ratio.

Dividends

JPRE vs. PPTY - Dividend Comparison

JPRE's dividend yield for the trailing twelve months is around 2.22%, less than PPTY's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JPRE JPMorgan Realty Income ETF	2.22%	2.62%	2.21%	3.26%	10.60%	0.00%	0.00%	0.00%	0.00%
PPTY US Diversified Real Estate ETF	2.59%	3.04%	3.29%	4.08%	4.29%	2.87%	3.43%	3.30%	1.97%

Frequently Asked Questions

Can I hold both JPRE and PPTY in my portfolio?

JPRE and PPTY have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPRE or PPTY?

JPRE has higher volatility (4.23%) compared to PPTY (3.94%). In terms of maximum drawdown, JPRE dropped -23.84% vs PPTY's -41.69%.

Which ETF is better, JPRE or PPTY?

On 3-year performance, JPRE leads with 10.61% vs 9.61% for PPTY. On fees, PPTY is cheaper at 0.49% per year. On volatility, PPTY has been the lower-risk option at 3.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPRE or PPTY?

Over the 3-year period, JPRE has performed better with a 10.61% return vs 9.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPRE or PPTY?

PPTY is cheaper with a 0.49% expense ratio, compared with 0.50% for JPRE.

Which ETF pays a higher dividend yield, JPRE or PPTY?

PPTY has the higher dividend yield at 2.59%, compared with 2.22% for JPRE.

What is the main difference between JPRE and PPTY?

They also come from different issuers: JPMorgan and Vident. Their fees differ too: 0.50% for JPRE and 0.49% for PPTY.

Which has better risk-adjusted returns?

PPTY currently has the higher Sharpe Ratio (0.98 vs 0.94), 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.