PPTY vs. REZ
Compare and contrast key facts about US Diversified Real Estate ETF (PPTY) and iShares Residential Real Estate ETF (REZ).
PPTY and REZ 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. REZ is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT All Residential Capped Index. It was launched on May 4, 2007. Both PPTY and REZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPTY or REZ.
Correlation
The correlation between PPTY and REZ 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.
Performance
PPTY vs. REZ - Performance Comparison
Key characteristics
PPTY:
0.77
REZ:
0.89
PPTY:
1.11
REZ:
1.31
PPTY:
1.14
REZ:
1.16
PPTY:
0.52
REZ:
0.52
PPTY:
4.08
REZ:
3.64
PPTY:
2.87%
REZ:
3.95%
PPTY:
15.24%
REZ:
16.08%
PPTY:
-41.69%
REZ:
-66.84%
PPTY:
-8.33%
REZ:
-11.33%
Returns By Period
In the year-to-date period, PPTY achieves a 0.44% return, which is significantly higher than REZ's 0.15% return.
PPTY
0.44%
-4.58%
9.43%
11.65%
3.76%
N/A
REZ
0.15%
-5.29%
6.59%
14.56%
4.45%
6.32%
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PPTY vs. REZ - Expense Ratio Comparison
PPTY has a 0.49% expense ratio, which is higher than REZ's 0.48% expense ratio.
Risk-Adjusted Performance
PPTY vs. REZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Diversified Real Estate ETF (PPTY) 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.
Dividends
PPTY vs. REZ - Dividend Comparison
PPTY's dividend yield for the trailing twelve months is around 3.27%, more than REZ's 2.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPTY US Diversified Real Estate ETF | 3.27% | 3.28% | 4.08% | 4.29% | 2.88% | 3.44% | 3.30% | 2.16% | 0.00% | 0.00% | 0.00% | 0.00% |
REZ iShares Residential Real Estate ETF | 2.25% | 2.26% | 2.94% | 3.37% | 1.81% | 3.17% | 2.90% | 3.63% | 3.57% | 5.54% | 3.18% | 3.13% |
Drawdowns
PPTY vs. REZ - Drawdown Comparison
The maximum PPTY drawdown since its inception was -41.69%, smaller than the maximum REZ drawdown of -66.84%. Use the drawdown chart below to compare losses from any high point for PPTY and REZ. For additional features, visit the drawdowns tool.
Volatility
PPTY vs. REZ - Volatility Comparison
US Diversified Real Estate ETF (PPTY) and iShares Residential Real Estate ETF (REZ) have volatilities of 5.35% and 5.12%, 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.