PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
REET vs. IWM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

REET vs. IWM

Last updated Jun 4, 2026

REET (iShares Global REIT ETF) and IWM (iShares Russell 2000 ETF) are both exchange-traded funds - REET is a REIT fund tracking the FTSE EPRA/NAREIT Global REIT Index, while IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index. Both are passively managed. Over the past 10 years, REET returned 3.99%/yr vs 10.93%/yr for IWM. A 0.62 correlation means they provide meaningful diversification when combined. REET charges 0.14%/yr vs 0.19%/yr for IWM.

Performance

REET vs. IWM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global REIT ETF (REET) and iShares Russell 2000 ETF (IWM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, REET achieves a 8.07% return, which is significantly lower than IWM's 17.07% return. Over the past 10 years, REET has underperformed IWM with an annualized return of 3.99%, while IWM has yielded a comparatively higher 10.93% annualized return.

REET

1D
-0.15%
1M
-0.74%
YTD
8.07%
6M
7.69%
1Y
12.24%
3Y*
9.19%
5Y*
2.22%
10Y*
3.99%

IWM

1D
-1.37%
1M
3.52%
YTD
17.07%
6M
15.83%
1Y
39.10%
3Y*
17.88%
5Y*
6.11%
10Y*
10.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

REET vs. IWM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
REET
iShares Global REIT ETF		8.07%7.97%2.65%10.28%-24.10%32.43%-10.48%24.42%-5.27%7.48%
IWM
iShares Russell 2000 ETF		17.07%12.66%11.38%16.83%-20.48%14.54%20.03%25.39%-11.12%14.58%

Correlation

The correlation between REET and IWM is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.53

Correlation (3Y)
Calculated over the trailing 3-year period

0.64

Correlation (5Y)
Calculated over the trailing 5-year period

0.68

Correlation (10Y)
Calculated over the trailing 10-year period

0.63

Correlation (All Time)
Calculated using the full available price history since Jul 11, 2014

0.62

The correlation between REET and IWM shifts across timeframes, from 0.53 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

REET vs. IWM - Sectors Allocation Comparison

Sectors
REET
IWM

Real Estate

99.8%
5.7%

Financial Services

0.2%
15.8%

Basic Materials

-

4.5%

Communication Services

-

2.0%

Consumer Cyclical

-

7.8%

Consumer Defensive

-

2.1%

Energy

-

6.0%

Healthcare

-

15.8%

Industrials

-

17.1%

Technology

-

19.5%

Utilities

-

3.0%

Real Estate

REET
99.8%
IWM
5.7%

Financial Services

REET
0.2%
IWM
15.8%

Basic Materials

REET

-

IWM
4.5%

Communication Services

REET

-

IWM
2.0%

Consumer Cyclical

REET

-

IWM
7.8%

Consumer Defensive

REET

-

IWM
2.1%

Energy

REET

-

IWM
6.0%

Healthcare

REET

-

IWM
15.8%

Industrials

REET

-

IWM
17.1%

Technology

REET

-

IWM
19.5%

Utilities

REET

-

IWM
3.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global REIT ETF

iShares Russell 2000 ETF

Often compared with REET:
REET vs. VNQREET vs. VNQIREET vs. XLREREET vs. USRTREET vs. SCHHREET vs. RWOREET vs. FREL
Often compared with IWM:
IWM vs. SPYIWM vs. VTWOIWM vs. IJRIWM vs. AVUVIWM vs. IWNIWM vs. VOOIWM vs. IWO

Return for Risk

REET vs. IWM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
REET
REET Risk / Return Rank: 2828
Overall Rank
REET Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
REET Sortino Ratio Rank: 2626
Sortino Ratio Rank
REET Omega Ratio Rank: 2727
Omega Ratio Rank
REET Calmar Ratio Rank: 2828
Calmar Ratio Rank
REET Martin Ratio Rank: 3232
Martin Ratio Rank
IWM
IWM Risk / Return Rank: 6262
Overall Rank
IWM Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
IWM Sortino Ratio Rank: 5959
Sortino Ratio Rank
IWM Omega Ratio Rank: 5353
Omega Ratio Rank
IWM Calmar Ratio Rank: 7070
Calmar Ratio Rank
IWM Martin Ratio Rank: 6767
Martin Ratio Rank
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.

REET vs. IWM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and iShares Russell 2000 ETF (IWM). 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.

REETIWMDifference
Sharpe ratioReturn per unit of total volatility
1.02
2.05

-1.04

Sortino ratioReturn per unit of downside risk
1.44
2.85

-1.41

Omega ratioGain probability vs. loss probability

1.18

1.34

-0.15

Calmar ratioReturn relative to maximum drawdown

1.36

3.56

-2.20

Martin ratioReturn relative to average drawdown

4.89

12.64

-7.75

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REET vs. IWM - Sharpe Ratio Comparison

The current REET Sharpe Ratio is 1.02, which is lower than the IWM Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of REET and IWM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

REETIWMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.02

2.05

-1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.27

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.21

0.48

-0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

0.37

-0.12

Drawdowns

REET vs. IWM - Drawdown Comparison

The maximum REET drawdown since its inception was -44.59%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for REET and IWM.

Loading charts...

Drawdown Indicators

REETIWMDifference

Max Drawdown

Largest peak-to-trough decline

-44.59%

-59.05%

+14.46%

Max Drawdown (1Y)

Largest decline over 1 year

-9.04%

-11.03%

+1.99%

Max Drawdown (3Y)

Largest decline over 3 years

-18.02%

-27.50%

+9.48%

Max Drawdown (5Y)

Largest decline over 5 years

-32.11%

-31.91%

-0.20%

Max Drawdown (10Y)

Largest decline over 10 years

-44.59%

-41.13%

-3.46%

Current Drawdown

Current decline from peak

-2.83%

-1.49%

-1.34%

Average Drawdown

Average peak-to-trough decline

-9.79%

-10.77%

+0.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

3.10%

-0.59%

Volatility

REET vs. IWM - Volatility Comparison

The current volatility for iShares Global REIT ETF (REET) is 3.79%, while iShares Russell 2000 ETF (IWM) has a volatility of 5.75%. This indicates that REET experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

REETIWMDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.79%

5.75%

-1.96%

Volatility (6M)

Calculated over the trailing 6-month period

8.81%

13.53%

-4.72%

Volatility (1Y)

Calculated over the trailing 1-year period

12.10%

19.20%

-7.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.95%

22.52%

-5.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.84%

23.04%

-4.20%

REET vs. IWM - Expense Ratio Comparison

REET has a 0.14% expense ratio, which is lower than IWM's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

REET vs. IWM - Dividend Comparison

REET's dividend yield for the trailing twelve months is around 3.42%, more than IWM's 0.88% yield.

PositionTTM20252024202320222021202020192018201720162015
IWM
iShares Russell 2000 ETF		0.88%1.04%1.15%1.35%1.48%0.94%1.04%1.26%1.40%1.26%1.38%1.54%
REET
iShares Global REIT ETF		3.42%3.67%3.64%3.27%2.43%3.18%2.65%5.25%5.73%3.84%5.37%3.56%

Frequently Asked Questions

REET and IWM have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IWM has higher volatility (5.75%) compared to REET (3.79%). In terms of maximum drawdown, REET dropped -44.59% vs IWM's -59.05%.

On 10-year performance, IWM leads with 10.93% vs 3.99% for REET. On fees, REET is cheaper at 0.14% per year. On volatility, REET has been the lower-risk option at 3.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IWM has performed better with a 10.93% return vs 3.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

REET is cheaper with a 0.14% expense ratio, compared with 0.19% for IWM.

REET has the higher dividend yield at 3.42%, compared with 0.88% for IWM.

REET is categorized as REIT, while IWM is Small Cap Blend Equities. REET tracks FTSE EPRA/NAREIT Global REIT Index, while IWM tracks Russell 2000 Index. Their fees differ too: 0.14% for REET and 0.19% for IWM.

IWM currently has the higher Sharpe Ratio (2.05 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for REET and IWM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer