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NURE vs. FSRNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NUREFSRNX
YTD Return-2.31%-6.65%
1Y Return4.35%3.35%
3Y Return (Ann)1.64%-1.22%
5Y Return (Ann)3.52%0.20%
Sharpe Ratio0.210.16
Daily Std Dev18.44%19.48%
Max Drawdown-46.05%-44.26%
Current Drawdown-21.92%-22.83%

Correlation

0.85
-1.001.00

The correlation between NURE and FSRNX is 0.85, 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

NURE vs. FSRNX - Performance Comparison

In the year-to-date period, NURE achieves a -2.31% return, which is significantly higher than FSRNX's -6.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
12.52%
10.47%
NURE
FSRNX

Compare stocks, funds, or ETFs


Nuveen Short-Term REIT ETF

Fidelity Real Estate Index Fund

NURE vs. FSRNX - Expense Ratio Comparison

NURE has a 0.35% expense ratio, which is higher than FSRNX's 0.07% expense ratio.

NURE
Nuveen Short-Term REIT ETF
0.50%1.00%1.50%2.00%0.35%
0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

NURE vs. FSRNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Short-Term REIT ETF (NURE) and Fidelity Real Estate Index Fund (FSRNX). 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.


NURE
Sharpe ratio
The Sharpe ratio of NURE compared to the broader market0.002.004.000.21
Sortino ratio
The Sortino ratio of NURE compared to the broader market-2.000.002.004.006.008.0010.000.46
Omega ratio
The Omega ratio of NURE compared to the broader market1.001.502.002.501.05
Calmar ratio
The Calmar ratio of NURE compared to the broader market0.002.004.006.008.0010.0012.000.11
Martin ratio
The Martin ratio of NURE compared to the broader market0.0020.0040.0060.0080.000.54
FSRNX
Sharpe ratio
The Sharpe ratio of FSRNX compared to the broader market0.002.004.000.16
Sortino ratio
The Sortino ratio of FSRNX compared to the broader market-2.000.002.004.006.008.0010.000.38
Omega ratio
The Omega ratio of FSRNX compared to the broader market1.001.502.002.501.04
Calmar ratio
The Calmar ratio of FSRNX compared to the broader market0.002.004.006.008.0010.0012.000.09
Martin ratio
The Martin ratio of FSRNX compared to the broader market0.0020.0040.0060.0080.000.48

NURE vs. FSRNX - Sharpe Ratio Comparison

The current NURE Sharpe Ratio is 0.21, which roughly equals the FSRNX Sharpe Ratio of 0.16. The chart below compares the 12-month rolling Sharpe Ratio of NURE and FSRNX.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.21
0.16
NURE
FSRNX

Dividends

NURE vs. FSRNX - Dividend Comparison

NURE's dividend yield for the trailing twelve months is around 3.95%, more than FSRNX's 3.05% yield.


TTM20232022202120202019201820172016201520142013
NURE
Nuveen Short-Term REIT ETF
3.95%3.73%2.80%1.34%2.87%3.28%4.08%3.82%0.48%0.00%0.00%0.00%
FSRNX
Fidelity Real Estate Index Fund
3.05%2.84%2.66%1.25%3.33%3.93%4.43%2.86%3.95%2.57%4.18%3.54%

Drawdowns

NURE vs. FSRNX - Drawdown Comparison

The maximum NURE drawdown since its inception was -46.05%, roughly equal to the maximum FSRNX drawdown of -44.26%. The drawdown chart below compares losses from any high point along the way for NURE and FSRNX


-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2024FebruaryMarchApril
-21.92%
-22.83%
NURE
FSRNX

Volatility

NURE vs. FSRNX - Volatility Comparison

Nuveen Short-Term REIT ETF (NURE) and Fidelity Real Estate Index Fund (FSRNX) have volatilities of 6.51% and 6.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2024FebruaryMarchApril
6.51%
6.32%
NURE
FSRNX