NURE vs. RLY
Compare and contrast key facts about Nuveen Short-Term REIT ETF (NURE) and SPDR SSgA Multi-Asset Real Return ETF (RLY).
NURE and RLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NURE is a passively managed fund by Nuveen that tracks the performance of the Dow Jones U.S. Select Short-Term REIT Index. It was launched on Dec 19, 2016. RLY is an actively managed fund by State Street. It was launched on Apr 25, 2012.
Performance
NURE vs. RLY - Performance Comparison
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NURE vs. RLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NURE Nuveen Short-Term REIT ETF | -1.45% | -7.51% | 6.65% | 13.09% | -28.48% | 53.41% | -7.24% | 25.10% | 0.02% | 8.41% |
RLY SPDR SSgA Multi-Asset Real Return ETF | 14.90% | 20.26% | 2.53% | 2.56% | 7.86% | 22.85% | -0.59% | 15.63% | -11.72% | 10.40% |
Returns By Period
In the year-to-date period, NURE achieves a -1.45% return, which is significantly lower than RLY's 14.90% return.
NURE
- 1D
- 0.68%
- 1M
- -6.52%
- YTD
- -1.45%
- 6M
- -2.20%
- 1Y
- -8.09%
- 3Y*
- 1.36%
- 5Y*
- 1.17%
- 10Y*
- —
RLY
- 1D
- -0.14%
- 1M
- -0.48%
- YTD
- 14.90%
- 6M
- 19.17%
- 1Y
- 30.37%
- 3Y*
- 13.06%
- 5Y*
- 12.01%
- 10Y*
- 8.81%
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NURE vs. RLY - Expense Ratio Comparison
NURE has a 0.35% expense ratio, which is lower than RLY's 0.50% expense ratio.
Return for Risk
NURE vs. RLY — Risk / Return Rank
NURE
RLY
NURE vs. RLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Short-Term REIT ETF (NURE) and SPDR SSgA Multi-Asset Real Return ETF (RLY). 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 | RLY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.42 | 2.31 | -2.73 |
Sortino ratioReturn per unit of downside risk | -0.48 | 3.01 | -3.49 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.47 | -0.53 |
Calmar ratioReturn relative to maximum drawdown | -0.58 | 3.10 | -3.68 |
Martin ratioReturn relative to average drawdown | -1.25 | 18.32 | -19.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NURE | RLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.42 | 2.31 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.89 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.37 | -0.16 |
Correlation
The correlation between NURE and RLY is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NURE vs. RLY - Dividend Comparison
NURE's dividend yield for the trailing twelve months is around 5.04%, more than RLY's 2.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NURE Nuveen Short-Term REIT ETF | 5.04% | 4.56% | 3.51% | 3.73% | 2.80% | 1.34% | 3.41% | 3.28% | 4.11% | 3.86% | 0.48% | 0.00% |
RLY SPDR SSgA Multi-Asset Real Return ETF | 2.92% | 3.24% | 3.31% | 3.71% | 5.66% | 12.15% | 2.16% | 3.45% | 2.76% | 1.85% | 2.07% | 1.80% |
Drawdowns
NURE vs. RLY - Drawdown Comparison
The maximum NURE drawdown since its inception was -46.05%, which is greater than RLY's maximum drawdown of -37.75%. Use the drawdown chart below to compare losses from any high point for NURE and RLY.
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Drawdown Indicators
| NURE | RLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.05% | -37.75% | -8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -14.10% | -9.94% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -35.98% | -18.94% | -17.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.17% | — |
Current DrawdownCurrent decline from peak | -22.30% | -0.48% | -21.82% |
Average DrawdownAverage peak-to-trough decline | -12.23% | -9.56% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 1.68% | +4.86% |
Volatility
NURE vs. RLY - Volatility Comparison
Nuveen Short-Term REIT ETF (NURE) has a higher volatility of 4.67% compared to SPDR SSgA Multi-Asset Real Return ETF (RLY) at 3.03%. This indicates that NURE's price experiences larger fluctuations and is considered to be riskier than RLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NURE | RLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 3.03% | +1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.92% | 8.54% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.41% | 13.22% | +6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.58% | 13.60% | +5.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.89% | 13.82% | +8.07% |