PPTY vs. RSPR
Compare and contrast key facts about US Diversified Real Estate ETF (PPTY) and Invesco S&P 500 Equal Weight Real Estate ETF (RSPR).
PPTY and RSPR 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. RSPR is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Real Estate - SEC. It was launched on Aug 12, 2015. Both PPTY and RSPR 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 RSPR.
Correlation
The correlation between PPTY and RSPR is 0.95, 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. RSPR - Performance Comparison
Key characteristics
PPTY:
0.77
RSPR:
0.67
PPTY:
1.11
RSPR:
1.00
PPTY:
1.14
RSPR:
1.12
PPTY:
0.52
RSPR:
0.45
PPTY:
4.08
RSPR:
3.08
PPTY:
2.87%
RSPR:
3.46%
PPTY:
15.24%
RSPR:
15.85%
PPTY:
-41.69%
RSPR:
-41.96%
PPTY:
-8.33%
RSPR:
-9.16%
Returns By Period
In the year-to-date period, PPTY achieves a 0.44% return, which is significantly higher than RSPR's 0.33% return.
PPTY
0.44%
-4.58%
9.43%
11.65%
3.76%
N/A
RSPR
0.33%
-5.47%
10.14%
10.92%
5.95%
N/A
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PPTY vs. RSPR - Expense Ratio Comparison
PPTY has a 0.49% expense ratio, which is higher than RSPR's 0.40% expense ratio.
Risk-Adjusted Performance
PPTY vs. RSPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Diversified Real Estate ETF (PPTY) and Invesco S&P 500 Equal Weight Real Estate ETF (RSPR). 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. RSPR - Dividend Comparison
PPTY's dividend yield for the trailing twelve months is around 3.27%, more than RSPR's 2.57% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Invesco S&P 500 Equal Weight Real Estate ETF | 2.57% | 2.58% | 2.91% | 3.14% | 2.56% | 3.82% | 2.97% | 3.02% | 3.01% | 2.06% | 1.03% |
Drawdowns
PPTY vs. RSPR - Drawdown Comparison
The maximum PPTY drawdown since its inception was -41.69%, roughly equal to the maximum RSPR drawdown of -41.96%. Use the drawdown chart below to compare losses from any high point for PPTY and RSPR. For additional features, visit the drawdowns tool.
Volatility
PPTY vs. RSPR - Volatility Comparison
The current volatility for US Diversified Real Estate ETF (PPTY) is 5.35%, while Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) has a volatility of 6.01%. This indicates that PPTY experiences smaller price fluctuations and is considered to be less risky than RSPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.