REET vs. SGOV
REET (iShares Global REIT ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - REET is a REIT fund tracking the FTSE EPRA/NAREIT Global REIT Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, REET returned 2.43%/yr vs 3.54%/yr for SGOV. At a correlation of -0.02, they often move in opposite directions. REET charges 0.14%/yr vs 0.09%/yr for SGOV.
Performance
REET vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, REET achieves a 9.19% return, which is significantly higher than SGOV's 1.52% return.
REET
- 1D
- 1.04%
- 1M
- -0.26%
- YTD
- 9.19%
- 6M
- 9.33%
- 1Y
- 13.23%
- 3Y*
- 9.79%
- 5Y*
- 2.43%
- 10Y*
- 4.13%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
REET vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 9.19% | 7.97% | 2.65% | 10.28% | -24.10% | 32.43% | 18.17% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between REET and SGOV is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
REET vs. SGOV — Risk / Return Rank
REET
SGOV
REET vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| REET | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.18 | ||
| Sortino ratioReturn per unit of downside risk | -274.14 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 195.55 | -194.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 398.20 | -396.73 |
| Martin ratioReturn relative to average drawdown | 5.28 | 4,462.00 | -4,456.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| REET | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 20.28 | -19.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 14.74 | -14.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 12.49 | -12.24 |
Drawdowns
REET vs. SGOV - Drawdown Comparison
The maximum REET drawdown since its inception was -44.59%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for REET and SGOV.
Loading charts...
Drawdown Indicators
| REET | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.59% | -0.03% | -44.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -0.01% | -9.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.02% | -0.01% | -18.01% |
Max Drawdown (5Y)Largest decline over 5 years | -32.11% | -0.03% | -32.08% |
Max Drawdown (10Y)Largest decline over 10 years | -44.59% | — | — |
Current DrawdownCurrent decline from peak | -1.81% | 0.00% | -1.81% |
Average DrawdownAverage peak-to-trough decline | -9.78% | -0.00% | -9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 0.00% | +2.51% |
Volatility
REET vs. SGOV - Volatility Comparison
iShares Global REIT ETF (REET) has a higher volatility of 3.90% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that REET's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| REET | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 0.05% | +3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 8.86% | 0.13% | +8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.12% | 0.20% | +11.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.96% | 0.24% | +16.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 0.24% | +18.60% |
REET vs. SGOV - Expense Ratio Comparison
REET has a 0.14% expense ratio, which is higher than SGOV's 0.09% expense ratio. However, 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. SGOV - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 3.39%, less than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 3.39% | 3.67% | 3.64% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
REET and SGOV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REET has higher volatility (3.90%) compared to SGOV (0.05%). In terms of maximum drawdown, REET dropped -44.59% vs SGOV's -0.03%.
On 5-year performance, SGOV leads with 3.54% vs 2.43% for REET. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SGOV has performed better with a 3.54% return vs 2.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.14% for REET.
SGOV has the higher dividend yield at 3.86%, compared with 3.39% for REET.
REET is categorized as REIT, while SGOV is Ultrashort Bond. REET tracks FTSE EPRA/NAREIT Global REIT Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.14% for REET and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.28 vs 1.10), 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.
Find the right allocation for REET and SGOV
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