REIT.AX vs. PLUS.AX

Last updated Jul 18, 2026

REIT.AX (VanEck FTSE International Property (AUD Hedged) ETF) and PLUS.AX (VanEck Australian Corporate Bond Plus ETF) are both exchange-traded funds - REIT.AX is a REIT fund tracking the VanEck FTSE International Property (AUD Hedged) Index, while PLUS.AX is a Corporate Bonds fund tracking the VanEck Australian Corporate Bond Plus Index. Both are passively managed. Over the past 5 years, REIT.AX returned 0.05%/yr vs 1.00%/yr for PLUS.AX. At a 0.13 correlation, their price movements are largely independent.

Performance

REIT.AX vs. PLUS.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 Australian Corporate Bond Plus ETF (PLUS.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 PLUS.AX's 1.09% 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*: —

PLUS.AX

• 1D: -0.06%
• 1M: 0.03%
• 6M: 0.73%
• YTD: 1.09%
• 1Y: 1.55%
• 3Y*: 5.42%
• 5Y*: 1.00%
• 10Y*: —

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

REIT.AX vs. PLUS.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%
PLUS.AX VanEck Australian Corporate Bond Plus ETF	1.09%	5.01%	5.49%	7.67%	-10.32%	-2.09%	5.51%	4.70%

Correlation

The correlation between REIT.AX and PLUS.AX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.13

The correlation between REIT.AX and PLUS.AX shifts across timeframes, from 0.13 (all time) to 0.24 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

REIT.AX vs. PLUS.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

PLUS.AX

PLUS.AX Risk / Return Rank: 16
PLUS.AX Sharpe Ratio Rank: 18
PLUS.AX Sortino Ratio Rank: 16
PLUS.AX Omega Ratio Rank: 16
PLUS.AX Calmar Ratio Rank: 16
PLUS.AX Martin Ratio Rank: 15

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. PLUS.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 Australian Corporate Bond Plus ETF (PLUS.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	PLUS.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.15	0.41	+0.74
Sortino ratio: Return per unit of downside risk	1.65	0.61	+1.04
Omega ratio: Gain probability vs. loss probability	1.21	1.07	+0.14
Calmar ratio: Return relative to maximum drawdown	1.84	0.39	+1.44
Martin ratio: Return relative to average drawdown	6.22	0.84	+5.38

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

The current REIT.AX Sharpe Ratio is 1.15, which is higher than the PLUS.AX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of REIT.AX and PLUS.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. PLUS.AX - Drawdown Comparison

The maximum REIT.AX drawdown since its inception was -42.54%, which is greater than PLUS.AX's maximum drawdown of -16.54%. Use the drawdown chart below to compare losses from any high point for REIT.AX and PLUS.AX.

Drawdown Indicators

	REIT.AX	PLUS.AX	Difference
Max Drawdown Largest peak-to-trough decline	-42.54%	-16.54%	-26.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	-3.81%	-5.23%
Max Drawdown (3Y) Largest decline over 3 years	-19.42%	-3.81%	-15.61%
Max Drawdown (5Y) Largest decline over 5 years	-35.77%	-16.54%	-19.23%
Current Drawdown Current decline from peak	-6.50%	-0.89%	-5.61%
Average Drawdown Average peak-to-trough decline	-16.75%	-3.57%	-13.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	1.82%	+0.87%

Volatility

REIT.AX vs. PLUS.AX - Volatility Comparison

VanEck FTSE International Property (AUD Hedged) ETF (REIT.AX) has a higher volatility of 3.80% compared to VanEck Australian Corporate Bond Plus ETF (PLUS.AX) at 0.76%. This indicates that REIT.AX's price experiences larger fluctuations and is considered to be riskier than PLUS.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REIT.AX	PLUS.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	0.76%	+3.04%
Volatility (6M) Calculated over the trailing 6-month period	12.00%	2.70%	+9.30%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	3.63%	+10.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.03%	5.27%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	6.90%	+12.87%

Dividends

REIT.AX vs. PLUS.AX - Dividend Comparison

REIT.AX's dividend yield for the trailing twelve months is around 3.25%, less than PLUS.AX's 3.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLUS.AX VanEck Australian Corporate Bond Plus ETF	3.68%	4.15%	3.44%	2.99%	3.06%	2.20%	2.42%	3.41%	2.57%	0.94%
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%

Frequently Asked Questions

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

REIT.AX and PLUS.AX have a correlation of 0.23, 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 PLUS.AX?

REIT.AX is categorized as REIT, while PLUS.AX is Corporate Bonds. REIT.AX tracks VanEck FTSE International Property (AUD Hedged) Index, while PLUS.AX tracks VanEck Australian Corporate Bond Plus Index.