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

Key characteristics


NUREKBWY
YTD Return-2.31%-12.31%
1Y Return4.35%6.94%
3Y Return (Ann)1.64%-1.80%
5Y Return (Ann)3.52%-3.65%
Sharpe Ratio0.210.25
Daily Std Dev18.44%26.64%
Max Drawdown-46.05%-57.68%
Current Drawdown-21.92%-26.88%

Correlation

0.73
-1.001.00

The correlation between NURE and KBWY is 0.73, 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. KBWY - Performance Comparison

In the year-to-date period, NURE achieves a -2.31% return, which is significantly higher than KBWY's -12.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
12.52%
6.85%
NURE
KBWY

Compare stocks, funds, or ETFs


Nuveen Short-Term REIT ETF

Invesco KBW Premium Yield Equity REIT ETF

NURE vs. KBWY - Expense Ratio Comparison

Both NURE and KBWY have an expense ratio of 0.35%.

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

Risk-Adjusted Performance

NURE vs. KBWY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Short-Term REIT ETF (NURE) 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.


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
KBWY
Sharpe ratio
The Sharpe ratio of KBWY compared to the broader market0.002.004.000.25
Sortino ratio
The Sortino ratio of KBWY compared to the broader market-2.000.002.004.006.008.0010.000.58
Omega ratio
The Omega ratio of KBWY compared to the broader market1.001.502.002.501.06
Calmar ratio
The Calmar ratio of KBWY compared to the broader market0.002.004.006.008.0010.0012.000.18
Martin ratio
The Martin ratio of KBWY compared to the broader market0.0020.0040.0060.0080.000.80

NURE vs. KBWY - Sharpe Ratio Comparison

The current NURE Sharpe Ratio is 0.21, which roughly equals the KBWY Sharpe Ratio of 0.25. The chart below compares the 12-month rolling Sharpe Ratio of NURE and KBWY.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.21
0.25
NURE
KBWY

Dividends

NURE vs. KBWY - Dividend Comparison

NURE's dividend yield for the trailing twelve months is around 3.95%, less than KBWY's 9.13% 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%
KBWY
Invesco KBW Premium Yield Equity REIT ETF
9.13%7.90%7.41%5.05%10.35%6.19%8.64%7.25%6.55%5.72%4.57%4.85%

Drawdowns

NURE vs. KBWY - Drawdown Comparison

The maximum NURE drawdown since its inception was -46.05%, smaller than the maximum KBWY drawdown of -57.68%. The drawdown chart below compares losses from any high point along the way for NURE and KBWY


-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2024FebruaryMarchApril
-21.92%
-26.88%
NURE
KBWY

Volatility

NURE vs. KBWY - Volatility Comparison

The current volatility for Nuveen Short-Term REIT ETF (NURE) is 6.51%, while Invesco KBW Premium Yield Equity REIT ETF (KBWY) has a volatility of 7.71%. This indicates that NURE 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.


4.00%6.00%8.00%10.00%12.00%NovemberDecember2024FebruaryMarchApril
6.51%
7.71%
NURE
KBWY