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

Key characteristics


NUREXLRE
YTD Return-2.31%-6.41%
1Y Return4.35%3.57%
3Y Return (Ann)1.64%0.16%
5Y Return (Ann)3.52%3.69%
Sharpe Ratio0.210.17
Daily Std Dev18.44%18.65%
Max Drawdown-46.05%-38.83%
Current Drawdown-21.92%-22.44%

Correlation

0.81
-1.001.00

The correlation between NURE and XLRE is 0.81, 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. XLRE - Performance Comparison

In the year-to-date period, NURE achieves a -2.31% return, which is significantly higher than XLRE's -6.41% 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%
10.34%
NURE
XLRE

Compare stocks, funds, or ETFs


Nuveen Short-Term REIT ETF

Real Estate Select Sector SPDR Fund

NURE vs. XLRE - Expense Ratio Comparison

NURE has a 0.35% expense ratio, which is higher than XLRE's 0.13% 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%0.13%

Risk-Adjusted Performance

NURE vs. XLRE - Risk-Adjusted Performance Comparison

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


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-2.000.002.004.006.008.000.46
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
XLRE
Sharpe ratio
The Sharpe ratio of XLRE compared to the broader market0.002.004.000.17
Sortino ratio
The Sortino ratio of XLRE compared to the broader market-2.000.002.004.006.008.000.39
Omega ratio
The Omega ratio of XLRE compared to the broader market1.001.502.002.501.04
Calmar ratio
The Calmar ratio of XLRE compared to the broader market0.002.004.006.008.0010.0012.000.09
Martin ratio
The Martin ratio of XLRE compared to the broader market0.0020.0040.0060.0080.000.52

NURE vs. XLRE - Sharpe Ratio Comparison

The current NURE Sharpe Ratio is 0.21, which roughly equals the XLRE Sharpe Ratio of 0.17. The chart below compares the 12-month rolling Sharpe Ratio of NURE and XLRE.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.21
0.17
NURE
XLRE

Dividends

NURE vs. XLRE - Dividend Comparison

NURE's dividend yield for the trailing twelve months is around 3.95%, more than XLRE's 3.58% yield.


TTM202320222021202020192018201720162015
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%
XLRE
Real Estate Select Sector SPDR Fund
3.58%3.31%3.70%2.61%3.15%3.06%3.78%3.25%4.22%1.09%

Drawdowns

NURE vs. XLRE - Drawdown Comparison

The maximum NURE drawdown since its inception was -46.05%, which is greater than XLRE's maximum drawdown of -38.83%. The drawdown chart below compares losses from any high point along the way for NURE and XLRE


-35.00%-30.00%-25.00%-20.00%NovemberDecember2024FebruaryMarchApril
-21.92%
-22.44%
NURE
XLRE

Volatility

NURE vs. XLRE - Volatility Comparison

Nuveen Short-Term REIT ETF (NURE) has a higher volatility of 6.51% compared to Real Estate Select Sector SPDR Fund (XLRE) at 6.12%. This indicates that NURE'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.


4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2024FebruaryMarchApril
6.51%
6.12%
NURE
XLRE