JRE vs. KBWY
Compare and contrast key facts about Janus Henderson U.S. Real Estate ETF (JRE) and Invesco KBW Premium Yield Equity REIT ETF (KBWY).
JRE and KBWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JRE is an actively managed fund by Janus Henderson. It was launched on Jun 22, 2021. KBWY is a passively managed fund by Invesco that tracks the performance of the KBW Premium Yield Equity REIT Index. It was launched on Dec 2, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JRE or KBWY.
Correlation
The correlation between JRE and KBWY is 0.83, 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
JRE vs. KBWY - Performance Comparison
Key characteristics
JRE:
0.92
KBWY:
0.25
JRE:
1.31
KBWY:
0.47
JRE:
1.17
KBWY:
1.06
JRE:
0.58
KBWY:
0.16
JRE:
3.35
KBWY:
0.66
JRE:
4.28%
KBWY:
7.09%
JRE:
15.47%
KBWY:
18.51%
JRE:
-31.68%
KBWY:
-57.68%
JRE:
-8.17%
KBWY:
-20.89%
Returns By Period
In the year-to-date period, JRE achieves a 2.46% return, which is significantly higher than KBWY's -1.70% return.
JRE
2.46%
5.38%
2.57%
15.25%
N/A
N/A
KBWY
-1.70%
1.41%
-7.13%
8.44%
-3.57%
0.07%
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JRE vs. KBWY - Expense Ratio Comparison
JRE has a 0.65% expense ratio, which is higher than KBWY's 0.35% expense ratio.
Risk-Adjusted Performance
JRE vs. KBWY — Risk-Adjusted Performance Rank
JRE
KBWY
JRE vs. KBWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson U.S. Real Estate ETF (JRE) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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
JRE vs. KBWY - Dividend Comparison
JRE's dividend yield for the trailing twelve months is around 2.15%, less than KBWY's 8.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRE Janus Henderson U.S. Real Estate ETF | 2.15% | 2.20% | 2.76% | 2.87% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.92% | 8.73% | 7.90% | 7.41% | 5.06% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% | 4.57% |
Drawdowns
JRE vs. KBWY - Drawdown Comparison
The maximum JRE drawdown since its inception was -31.68%, smaller than the maximum KBWY drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for JRE and KBWY. For additional features, visit the drawdowns tool.
Volatility
JRE vs. KBWY - Volatility Comparison
The current volatility for Janus Henderson U.S. Real Estate ETF (JRE) is 4.73%, while Invesco KBW Premium Yield Equity REIT ETF (KBWY) has a volatility of 5.45%. This indicates that JRE experiences smaller price fluctuations and is considered to be less risky than KBWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.