REIT.AX vs. IFRA.AX

Last updated Jul 18, 2026

REIT.AX (VanEck FTSE International Property (AUD Hedged) ETF) and IFRA.AX (VanEck FTSE Global Infrastructure (AUD Hedged) ETF) are both exchange-traded funds - REIT.AX is a REIT fund tracking the VanEck FTSE International Property (AUD Hedged) Index, while IFRA.AX is a Global Equities fund tracking the VanEck FTSE Global Infrastructure (AUD Hedged) Index. Both are passively managed. Over the past 5 years, REIT.AX returned 0.05%/yr vs 6.84%/yr for IFRA.AX. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

REIT.AX vs. IFRA.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in VanEck FTSE International Property (AUD Hedged) ETF (REIT.AX) and VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REIT.AX achieves a 12.94% return, which is significantly higher than IFRA.AX's 11.92% return.

REIT.AX

• 1D: 1.68%
• 1M: 4.21%
• 6M: 11.40%
• YTD: 12.94%
• 1Y: 17.10%
• 3Y*: 7.71%
• 5Y*: 0.05%
• 10Y*: —

IFRA.AX

• 1D: 1.17%
• 1M: 1.68%
• 6M: 11.35%
• YTD: 11.92%
• 1Y: 17.64%
• 3Y*: 11.93%
• 5Y*: 6.84%
• 10Y*: 6.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

REIT.AX vs. IFRA.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
REIT.AX VanEck FTSE International Property (AUD Hedged) ETF	12.94%	7.01%	-1.59%	6.46%	-26.16%	31.83%	-13.54%	6.59%
IFRA.AX VanEck FTSE Global Infrastructure (AUD Hedged) ETF	11.92%	11.93%	10.70%	-1.66%	-4.04%	16.80%	-8.44%	8.89%

Correlation

The correlation between REIT.AX and IFRA.AX is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.63

The correlation between REIT.AX and IFRA.AX has been stable across timeframes, ranging from 0.57 to 0.63 - a consistent structural relationship.

Return for Risk

REIT.AX vs. IFRA.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REIT.AX

REIT.AX Risk / Return Rank: 44
REIT.AX Sharpe Ratio Rank: 42
REIT.AX Sortino Ratio Rank: 40
REIT.AX Omega Ratio Rank: 41
REIT.AX Calmar Ratio Rank: 48
REIT.AX Martin Ratio Rank: 50

IFRA.AX

IFRA.AX Risk / Return Rank: 65
IFRA.AX Sharpe Ratio Rank: 62
IFRA.AX Sortino Ratio Rank: 63
IFRA.AX Omega Ratio Rank: 60
IFRA.AX Calmar Ratio Rank: 79
IFRA.AX Martin Ratio Rank: 60

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.

REIT.AX vs. IFRA.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck FTSE International Property (AUD Hedged) ETF (REIT.AX) and VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REIT.AX	IFRA.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.15	1.55	-0.40
Sortino ratio: Return per unit of downside risk	1.65	2.23	-0.58
Omega ratio: Gain probability vs. loss probability	1.21	1.28	-0.07
Calmar ratio: Return relative to maximum drawdown	1.84	3.05	-1.22
Martin ratio: Return relative to average drawdown	6.22	7.84	-1.62

REIT.AX vs. IFRA.AX - Sharpe Ratio Comparison

The current REIT.AX Sharpe Ratio is 1.15, which is comparable to the IFRA.AX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of REIT.AX and IFRA.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REIT.AX vs. IFRA.AX - Drawdown Comparison

The maximum REIT.AX drawdown since its inception was -42.54%, which is greater than IFRA.AX's maximum drawdown of -36.36%. Use the drawdown chart below to compare losses from any high point for REIT.AX and IFRA.AX.

Drawdown Indicators

	REIT.AX	IFRA.AX	Difference
Max Drawdown Largest peak-to-trough decline	-42.54%	-36.36%	-6.18%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	-5.54%	-3.50%
Max Drawdown (3Y) Largest decline over 3 years	-19.42%	-12.79%	-6.63%
Max Drawdown (5Y) Largest decline over 5 years	-35.77%	-21.19%	-14.58%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.36%	—
Current Drawdown Current decline from peak	-6.50%	-0.50%	-6.00%
Average Drawdown Average peak-to-trough decline	-16.75%	-6.01%	-10.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	2.20%	+0.49%

Volatility

REIT.AX vs. IFRA.AX - Volatility Comparison

VanEck FTSE International Property (AUD Hedged) ETF (REIT.AX) and VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX) have volatilities of 3.80% and 3.75%, 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.

Volatility by Period

	REIT.AX	IFRA.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	3.75%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	12.00%	9.18%	+2.82%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	10.97%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.03%	14.31%	+3.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	15.07%	+4.70%

Dividends

REIT.AX vs. IFRA.AX - Dividend Comparison

REIT.AX's dividend yield for the trailing twelve months is around 3.25%, more than IFRA.AX's 2.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IFRA.AX VanEck FTSE Global Infrastructure (AUD Hedged) ETF	2.20%	3.15%	1.61%	2.51%	2.31%	2.93%	3.58%	3.29%	2.91%	2.11%	1.60%
REIT.AX VanEck FTSE International Property (AUD Hedged) ETF	3.25%	4.47%	2.25%	3.16%	3.25%	3.16%	4.30%	1.83%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REIT.AX and IFRA.AX in my portfolio?

REIT.AX and IFRA.AX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between REIT.AX and IFRA.AX?

REIT.AX is categorized as REIT, while IFRA.AX is Global Equities. REIT.AX tracks VanEck FTSE International Property (AUD Hedged) Index, while IFRA.AX tracks VanEck FTSE Global Infrastructure (AUD Hedged) Index.