REET vs. WPC
Compare and contrast key facts about iShares Global REIT ETF (REET) and W. P. Carey Inc. (WPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REET or WPC.
Key characteristics
| REET | WPC | |
|---|---|---|
| YTD Return | -8.08% | -14.38% |
| 1Y Return | 0.31% | -17.87% |
| 3Y Return (Ann) | -3.92% | -3.99% |
| 5Y Return (Ann) | -0.36% | -1.24% |
| Sharpe Ratio | -0.06 | -0.83 |
| Daily Std Dev | 17.05% | 23.33% |
| Max Drawdown | -44.59% | -52.45% |
| Current Drawdown | -23.06% | -30.49% |
Correlation
The correlation between REET and WPC is 0.76, 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. WPC - Performance Comparison
In the year-to-date period, REET achieves a -8.08% return, which is significantly higher than WPC's -14.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
REET vs. WPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global REIT ETF (REET) and W. P. Carey Inc. (WPC). 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. WPC - Dividend Comparison
REET's dividend yield for the trailing twelve months is around 3.49%, less than WPC's 6.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REET iShares Global REIT ETF | 3.49% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.30% | 3.56% | 2.11% | 0.00% |
WPC W. P. Carey Inc. | 6.99% | 6.17% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.48% | 5.26% | 5.70% |
Drawdowns
REET vs. WPC - Drawdown Comparison
The maximum REET drawdown since its inception was -44.59%, smaller than the maximum WPC drawdown of -52.45%. Use the drawdown chart below to compare losses from any high point for REET and WPC. For additional features, visit the drawdowns tool.
Volatility
REET vs. WPC - Volatility Comparison
The current volatility for iShares Global REIT ETF (REET) is 5.20%, while W. P. Carey Inc. (WPC) has a volatility of 7.36%. This indicates that REET experiences smaller price fluctuations and is considered to be less risky than WPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.