REET vs. REM
Compare and contrast key facts about iShares Global REIT ETF (REET) and iShares Mortgage Real Estate ETF (REM).
REET and REM 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. REM is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT All Mortgage Capped Index. It was launched on May 4, 2007. Both REET and REM 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 REM.
Performance
REET vs. REM - Performance Comparison
Returns By Period
In the year-to-date period, REET achieves a 7.15% return, which is significantly higher than REM's 0.98% return. Over the past 10 years, REET has outperformed REM with an annualized return of 3.85%, while REM has yielded a comparatively lower 1.63% annualized return.
REET
7.15%
-3.93%
9.43%
20.36%
1.37%
3.85%
REM
0.98%
-3.78%
1.67%
12.18%
-3.94%
1.63%
Key characteristics
| REET | REM | |
|---|---|---|
| Sharpe Ratio | 1.33 | 0.49 |
| Sortino Ratio | 1.91 | 0.77 |
| Omega Ratio | 1.23 | 1.10 |
| Calmar Ratio | 0.77 | 0.26 |
| Martin Ratio | 4.70 | 1.68 |
| Ulcer Index | 4.16% | 5.79% |
| Daily Std Dev | 14.72% | 20.03% |
| Max Drawdown | -44.59% | -74.72% |
| Current Drawdown | -10.32% | -29.96% |
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REET vs. REM - Expense Ratio Comparison
REET has a 0.14% expense ratio, which is lower than REM's 0.48% expense ratio.
Correlation
The correlation between REET and REM is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
REET vs. REM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and iShares Mortgage Real Estate ETF (REM). 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. REM - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 2.74%, less than REM's 9.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 2.74% | 3.27% | 2.42% | 3.18% | 2.64% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% | 2.12% | 0.00% |
REM iShares Mortgage Real Estate ETF | 9.52% | 9.46% | 11.13% | 7.29% | 7.72% | 8.16% | 10.00% | 9.97% | 10.03% | 11.99% | 14.53% | 16.12% |
Drawdowns
REET vs. REM - Drawdown Comparison
The maximum REET drawdown since its inception was -44.59%, smaller than the maximum REM drawdown of -74.72%. Use the drawdown chart below to compare losses from any high point for REET and REM. For additional features, visit the drawdowns tool.
Volatility
REET vs. REM - Volatility Comparison
iShares Global REIT ETF (REET) and iShares Mortgage Real Estate ETF (REM) have volatilities of 4.44% and 4.57%, 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.