PPTY vs. AVRE

Last updated Apr 1, 2026

Compare and contrast key facts about US Diversified Real Estate ETF (PPTY) and Avantis Real Estate ETF (AVRE).

PPTY and AVRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PPTY is a passively managed fund by Vident that tracks the performance of the USREX - U.S. Diversified Real Estate Index. It was launched on Mar 24, 2018. AVRE is an actively managed fund by Avantis. It was launched on Sep 29, 2021.

Performance

PPTY vs. AVRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Diversified Real Estate ETF (PPTY) and Avantis Real Estate ETF (AVRE). The values are adjusted to include any dividend payments, if applicable.

PPTY vs. AVRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PPTY US Diversified Real Estate ETF	0.01%	-3.47%	9.85%	12.66%	-26.10%	14.25%
AVRE Avantis Real Estate ETF	1.21%	8.34%	0.54%	9.10%	-23.70%	13.16%

Returns By Period

In the year-to-date period, PPTY achieves a 0.01% return, which is significantly lower than AVRE's 1.21% return.

PPTY

• 1D: 1.25%
• 1M: -5.37%
• YTD: 0.01%
• 6M: -1.88%
• 1Y: -1.68%
• 3Y*: 5.95%
• 5Y*: 2.27%
• 10Y*: —

AVRE

• 1D: 1.87%
• 1M: -7.36%
• YTD: 1.21%
• 6M: 0.30%
• 1Y: 6.20%
• 3Y*: 5.83%
• 5Y*: —
• 10Y*: —

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

PPTY vs. AVRE - Expense Ratio Comparison

PPTY has a 0.49% expense ratio, which is higher than AVRE's 0.17% expense ratio.

PPTY

US Diversified Real Estate ETF

AVRE

Avantis Real Estate ETF

Return for Risk

PPTY vs. AVRE — Risk / Return Rank

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

PPTY

PPTY Risk / Return Rank: 10
PPTY Sharpe Ratio Rank: 10
PPTY Sortino Ratio Rank: 9
PPTY Omega Ratio Rank: 10
PPTY Calmar Ratio Rank: 10
PPTY Martin Ratio Rank: 10

AVRE

AVRE Risk / Return Rank: 27
AVRE Sharpe Ratio Rank: 26
AVRE Sortino Ratio Rank: 25
AVRE Omega Ratio Rank: 25
AVRE Calmar Ratio Rank: 28
AVRE Martin Ratio Rank: 30

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.

PPTY vs. AVRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Diversified Real Estate ETF (PPTY) and Avantis Real Estate ETF (AVRE). 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.

	PPTY	AVRE	Difference
Sharpe ratio Return per unit of total volatility	-0.10	0.43	-0.53
Sortino ratio Return per unit of downside risk	-0.01	0.69	-0.70
Omega ratio Gain probability vs. loss probability	1.00	1.09	-0.09
Calmar ratio Return relative to maximum drawdown	-0.08	0.63	-0.70
Martin ratio Return relative to average drawdown	-0.29	2.44	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PPTY vs. AVRE - Sharpe Ratio Comparison

The current PPTY Sharpe Ratio is -0.10, which is lower than the AVRE Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of PPTY and AVRE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PPTY	AVRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	0.43	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.05	+0.21

Correlation

The correlation between PPTY and AVRE is 0.92, 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.

Dividends

PPTY vs. AVRE - Dividend Comparison

PPTY's dividend yield for the trailing twelve months is around 3.04%, less than AVRE's 3.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PPTY US Diversified Real Estate ETF	3.04%	3.04%	3.29%	4.08%	4.29%	2.87%	3.43%	3.30%	1.97%
AVRE Avantis Real Estate ETF	3.72%	4.30%	3.99%	3.33%	3.78%	0.61%	0.00%	0.00%	0.00%

Drawdowns

PPTY vs. AVRE - Drawdown Comparison

The maximum PPTY drawdown since its inception was -41.69%, which is greater than AVRE's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for PPTY and AVRE.

Drawdown Indicators

	PPTY	AVRE	Difference
Max Drawdown Largest peak-to-trough decline	-41.69%	-32.52%	-9.17%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-10.63%	-2.91%
Max Drawdown (5Y) Largest decline over 5 years	-32.37%	—	—
Current Drawdown Current decline from peak	-11.89%	-8.22%	-3.67%
Average Drawdown Average peak-to-trough decline	-11.48%	-15.26%	+3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	2.73%	+0.98%

Volatility

PPTY vs. AVRE - Volatility Comparison

The current volatility for US Diversified Real Estate ETF (PPTY) is 4.39%, while Avantis Real Estate ETF (AVRE) has a volatility of 4.76%. This indicates that PPTY experiences smaller price fluctuations and is considered to be less risky than AVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PPTY	AVRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	4.76%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	9.43%	8.45%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	14.38%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	16.71%	+1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.06%	16.71%	+5.35%