PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NURE vs. REZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NUREREZ
YTD Return-3.60%-5.02%
1Y Return2.86%0.99%
3Y Return (Ann)-0.01%-1.65%
5Y Return (Ann)3.58%3.06%
Sharpe Ratio0.170.06
Daily Std Dev18.46%18.64%
Max Drawdown-46.05%-66.84%
Current Drawdown-22.95%-25.40%

Correlation

-0.50.00.51.00.9

The correlation between NURE and REZ 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. REZ - Performance Comparison

In the year-to-date period, NURE achieves a -3.60% return, which is significantly higher than REZ's -5.02% 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
15.40%
11.51%
NURE
REZ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Nuveen Short-Term REIT ETF

iShares Residential Real Estate ETF

NURE vs. REZ - Expense Ratio Comparison

NURE has a 0.35% expense ratio, which is lower than REZ's 0.48% expense ratio.


REZ
iShares Residential Real Estate ETF
Expense ratio chart for REZ: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for NURE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

NURE vs. REZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Short-Term REIT ETF (NURE) and iShares Residential Real Estate ETF (REZ). 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 chart of Sharpe ratio for NURE, currently valued at 0.17, compared to the broader market-1.000.001.002.003.004.000.17
Sortino ratio
The chart of Sortino ratio for NURE, currently valued at 0.39, compared to the broader market-2.000.002.004.006.008.000.39
Omega ratio
The chart of Omega ratio for NURE, currently valued at 1.04, compared to the broader market1.001.502.001.04
Calmar ratio
The chart of Calmar ratio for NURE, currently valued at 0.09, compared to the broader market0.002.004.006.008.0010.000.09
Martin ratio
The chart of Martin ratio for NURE, currently valued at 0.42, compared to the broader market0.0010.0020.0030.0040.0050.0060.000.42
REZ
Sharpe ratio
The chart of Sharpe ratio for REZ, currently valued at 0.06, compared to the broader market-1.000.001.002.003.004.000.06
Sortino ratio
The chart of Sortino ratio for REZ, currently valued at 0.23, compared to the broader market-2.000.002.004.006.008.000.23
Omega ratio
The chart of Omega ratio for REZ, currently valued at 1.03, compared to the broader market1.001.502.001.03
Calmar ratio
The chart of Calmar ratio for REZ, currently valued at 0.03, compared to the broader market0.002.004.006.008.0010.000.03
Martin ratio
The chart of Martin ratio for REZ, currently valued at 0.15, compared to the broader market0.0010.0020.0030.0040.0050.0060.000.15

NURE vs. REZ - Sharpe Ratio Comparison

The current NURE Sharpe Ratio is 0.17, which is higher than the REZ Sharpe Ratio of 0.06. The chart below compares the 12-month rolling Sharpe Ratio of NURE and REZ.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.17
0.06
NURE
REZ

Dividends

NURE vs. REZ - Dividend Comparison

NURE's dividend yield for the trailing twelve months is around 4.00%, more than REZ's 3.02% yield.


TTM20232022202120202019201820172016201520142013
NURE
Nuveen Short-Term REIT ETF
4.00%3.73%2.80%1.34%2.87%3.28%4.08%3.82%0.48%0.00%0.00%0.00%
REZ
iShares Residential Real Estate ETF
3.02%2.94%3.37%1.81%3.17%2.90%3.63%3.57%5.55%3.18%3.13%3.92%

Drawdowns

NURE vs. REZ - Drawdown Comparison

The maximum NURE drawdown since its inception was -46.05%, smaller than the maximum REZ drawdown of -66.84%. Use the drawdown chart below to compare losses from any high point for NURE and REZ. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%NovemberDecember2024FebruaryMarchApril
-22.95%
-25.40%
NURE
REZ

Volatility

NURE vs. REZ - Volatility Comparison

Nuveen Short-Term REIT ETF (NURE) and iShares Residential Real Estate ETF (REZ) have volatilities of 6.53% and 6.50%, 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.


4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2024FebruaryMarchApril
6.53%
6.50%
NURE
REZ