OEFA vs. REIT

Last updated Jun 3, 2026

OEFA (ALPS O'Shares International Developed Quality Dividend ETF) and REIT (ALPS Active REIT ETF) are both exchange-traded funds - OEFA is a International Equity fund tracking the O’Shares International Developed Quality Dividend Index, while REIT is a REIT fund actively managed by ALPS. OEFA is passively managed, while REIT is actively managed. At a 0.48 correlation, their price movements are largely independent. OEFA charges 0.48%/yr vs 0.68%/yr for REIT.

Performance

OEFA vs. REIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS O'Shares International Developed Quality Dividend ETF (OEFA) and ALPS Active REIT ETF (REIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OEFA achieves a 2.78% return, which is significantly lower than REIT's 12.80% return.

OEFA

• 1D: 0.48%
• 1M: 2.80%
• YTD: 2.78%
• 6M: 5.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

REIT

• 1D: 0.05%
• 1M: 0.26%
• YTD: 12.80%
• 6M: 12.21%
• 1Y: 13.48%
• 3Y*: 10.38%
• 5Y*: 4.37%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OEFA vs. REIT - Yearly Performance Comparison

	2026 (YTD)	2025
OEFA ALPS O'Shares International Developed Quality Dividend ETF	2.78%	0.25%
REIT ALPS Active REIT ETF	12.80%	-1.61%

Correlation

The correlation between OEFA and REIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.48

OEFA vs. REIT - Sectors Allocation Comparison

Sectors	OEFA	REIT
Industrials	27.4%	-
Consumer Cyclical	15.3%	-
Healthcare	15.2%	-
Technology	13.1%	-
Financial Services	11.3%	-
Consumer Defensive	9.4%	-
Communication Services	5.2%	-
Utilities	3.3%	-
Basic Materials	-	-
Energy	-	-
Real Estate	-	100.0%

Return for Risk

OEFA vs. REIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REIT

REIT Risk / Return Rank: 31
REIT Sharpe Ratio Rank: 29
REIT Sortino Ratio Rank: 27
REIT Omega Ratio Rank: 27
REIT Calmar Ratio Rank: 37
REIT Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OEFA vs. REIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS O'Shares International Developed Quality Dividend ETF (OEFA) and ALPS Active REIT ETF (REIT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OEFA	REIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.39	-0.13

Drawdowns

OEFA vs. REIT - Drawdown Comparison

The maximum OEFA drawdown since its inception was -13.54%, smaller than the maximum REIT drawdown of -29.30%. Use the drawdown chart below to compare losses from any high point for OEFA and REIT.

Drawdown Indicators

	OEFA	REIT	Difference
Max Drawdown Largest peak-to-trough decline	-13.54%	-29.30%	+15.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.30%	—
Current Drawdown Current decline from peak	-3.45%	-2.65%	-0.80%
Average Drawdown Average peak-to-trough decline	-3.74%	-10.38%	+6.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.53%	—

Volatility

Volatility by Period

	OEFA	REIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.68%	12.78%	+4.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	18.45%	-0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	18.38%	-0.70%

OEFA vs. REIT - Expense Ratio Comparison

OEFA has a 0.48% expense ratio, which is lower than REIT's 0.68% expense ratio.

Dividends

OEFA vs. REIT - Dividend Comparison

OEFA's dividend yield for the trailing twelve months is around 0.91%, less than REIT's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021
OEFA ALPS O'Shares International Developed Quality Dividend ETF	0.91%	0.28%	0.00%	0.00%	0.00%	0.00%
REIT ALPS Active REIT ETF	2.80%	3.20%	3.06%	3.13%	2.81%	4.71%

Frequently Asked Questions

Can I hold both OEFA and REIT in my portfolio?

OEFA and REIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OEFA or REIT?

On fees, OEFA is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEFA or REIT?

OEFA is cheaper with a 0.48% expense ratio, compared with 0.68% for REIT.

Which ETF pays a higher dividend yield, OEFA or REIT?

REIT has the higher dividend yield at 2.80%, compared with 0.91% for OEFA.

What is the main difference between OEFA and REIT?

OEFA is categorized as International Equity, while REIT is REIT. Their fees differ too: 0.48% for OEFA and 0.68% for REIT.