REET vs. USRT
Compare and contrast key facts about iShares Global REIT ETF (REET) and iShares Core U.S. REIT ETF (USRT).
REET and USRT 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. USRT is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT Equity REITs Index. It was launched on May 4, 2007. Both REET and USRT 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 USRT.
Performance
REET vs. USRT - Performance Comparison
Returns By Period
In the year-to-date period, REET achieves a 7.15% return, which is significantly lower than USRT's 12.77% return. Over the past 10 years, REET has underperformed USRT with an annualized return of 3.85%, while USRT has yielded a comparatively higher 6.41% annualized return.
REET
7.15%
-3.93%
9.43%
20.36%
1.37%
3.85%
USRT
12.77%
-2.83%
14.19%
27.56%
4.98%
6.41%
Key characteristics
| REET | USRT | |
|---|---|---|
| Sharpe Ratio | 1.33 | 1.66 |
| Sortino Ratio | 1.91 | 2.34 |
| Omega Ratio | 1.23 | 1.29 |
| Calmar Ratio | 0.77 | 1.12 |
| Martin Ratio | 4.70 | 7.62 |
| Ulcer Index | 4.16% | 3.56% |
| Daily Std Dev | 14.72% | 16.29% |
| Max Drawdown | -44.59% | -69.89% |
| Current Drawdown | -10.32% | -3.33% |
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REET vs. USRT - Expense Ratio Comparison
REET has a 0.14% expense ratio, which is higher than USRT's 0.08% 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%.
Correlation
The correlation between REET and USRT is 0.94, 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.
Risk-Adjusted Performance
REET vs. USRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and iShares Core U.S. REIT ETF (USRT). 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. USRT - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 2.74%, less than USRT's 2.80% 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% |
USRT iShares Core U.S. REIT ETF | 2.80% | 3.18% | 3.47% | 2.27% | 3.12% | 3.34% | 5.66% | 3.43% | 3.98% | 3.59% | 3.46% | 3.84% |
Drawdowns
REET vs. USRT - Drawdown Comparison
The maximum REET drawdown since its inception was -44.59%, smaller than the maximum USRT drawdown of -69.89%. Use the drawdown chart below to compare losses from any high point for REET and USRT. For additional features, visit the drawdowns tool.
Volatility
REET vs. USRT - Volatility Comparison
The current volatility for iShares Global REIT ETF (REET) is 4.44%, while iShares Core U.S. REIT ETF (USRT) has a volatility of 5.10%. This indicates that REET experiences smaller price fluctuations and is considered to be less risky than USRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.