REET vs. EWRE
Compare and contrast key facts about iShares Global REIT ETF (REET) and Invesco S&P 500® Equal Weight Real Estate ETF (EWRE).
REET and EWRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014. EWRE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Real Estate Index. It was launched on Aug 13, 2015. Both REET and EWRE 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: REET or EWRE.
Key characteristics
| REET | EWRE |
|---|
Correlation
The correlation between REET and EWRE is 0.84, 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
REET vs. EWRE - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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REET vs. EWRE - Expense Ratio Comparison
REET has a 0.14% expense ratio, which is lower than EWRE's 0.40% expense ratio.
Risk-Adjusted Performance
REET vs. EWRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and Invesco S&P 500® Equal Weight Real Estate ETF (EWRE). 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
REET vs. EWRE - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 3.43%, while EWRE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 3.43% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.30% | 3.56% | 2.11% |
EWRE Invesco S&P 500® Equal Weight Real Estate ETF | 3.53% | 2.91% | 3.07% | 2.56% | 3.82% | 2.55% | 3.02% | 2.17% | 2.01% | 1.03% | 0.00% |
Drawdowns
REET vs. EWRE - Drawdown Comparison
Volatility
REET vs. EWRE - Volatility Comparison
iShares Global REIT ETF (REET) has a higher volatility of 5.57% compared to Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) at 0.00%. This indicates that REET's price experiences larger fluctuations and is considered to be riskier than EWRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.