JRS vs. XLRE
Compare and contrast key facts about Nuveen Real Estate Income Fund (JRS) and Real Estate Select Sector SPDR Fund (XLRE).
XLRE is a passively managed fund by State Street that tracks the performance of the Real Estate Select Sector Index. It was launched on Oct 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JRS or XLRE.
Key characteristics
| JRS | XLRE | |
|---|---|---|
| YTD Return | 24.75% | 14.78% |
| 1Y Return | 42.92% | 26.83% |
| 3Y Return (Ann) | 1.74% | 2.07% |
| 5Y Return (Ann) | 5.69% | 6.76% |
| Sharpe Ratio | 2.08 | 1.58 |
| Daily Std Dev | 21.98% | 18.47% |
| Max Drawdown | -87.88% | -38.83% |
| Current Drawdown | -8.89% | -4.88% |
Correlation
The correlation between JRS and XLRE is 0.71, 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
JRS vs. XLRE - Performance Comparison
In the year-to-date period, JRS achieves a 24.75% return, which is significantly higher than XLRE's 14.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
JRS vs. XLRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Real Estate Income Fund (JRS) and Real Estate Select Sector SPDR Fund (XLRE). 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
JRS vs. XLRE - Dividend Comparison
JRS's dividend yield for the trailing twelve months is around 7.42%, more than XLRE's 3.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRS Nuveen Real Estate Income Fund | 7.42% | 8.70% | 11.06% | 5.93% | 9.00% | 7.16% | 9.99% | 8.88% | 9.10% | 9.04% | 7.83% | 9.93% |
XLRE Real Estate Select Sector SPDR Fund | 3.01% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% | 0.00% |
Drawdowns
JRS vs. XLRE - Drawdown Comparison
The maximum JRS drawdown since its inception was -87.88%, which is greater than XLRE's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for JRS and XLRE. For additional features, visit the drawdowns tool.
Volatility
JRS vs. XLRE - Volatility Comparison
Nuveen Real Estate Income Fund (JRS) has a higher volatility of 4.09% compared to Real Estate Select Sector SPDR Fund (XLRE) at 2.99%. This indicates that JRS's price experiences larger fluctuations and is considered to be riskier than XLRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.