REIT vs. SGOV
Compare and contrast key facts about ALPS Active REIT ETF (REIT) and iShares 0-3 Month Treasury Bond ETF (SGOV).
REIT and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REIT is an actively managed fund by ALPS. It was launched on Feb 24, 2021. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REIT or SGOV.
Key characteristics
| REIT | SGOV | |
|---|---|---|
| Sharpe Ratio | 1.88 | 21.89 |
| Sortino Ratio | 2.59 | 523.73 |
| Omega Ratio | 1.32 | 524.73 |
| Calmar Ratio | 1.46 | 537.54 |
| Martin Ratio | 7.83 | 8,533.20 |
| Ulcer Index | 3.83% | 0.00% |
| Daily Std Dev | 15.97% | 0.24% |
| Max Drawdown | -29.30% | -0.03% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between REIT and SGOV is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
REIT vs. SGOV - Performance Comparison
Returns By Period
In the year-to-date period, REIT achieves a 16.17% return, which is significantly higher than SGOV's 4.83% return.
REIT
16.17%
3.05%
24.82%
29.98%
N/A
N/A
SGOV
4.83%
0.39%
2.59%
5.35%
N/A
N/A
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REIT vs. SGOV - Expense Ratio Comparison
REIT has a 0.68% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
REIT vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Active REIT ETF (REIT) 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.
Dividends
REIT vs. SGOV - Dividend Comparison
REIT's dividend yield for the trailing twelve months is around 3.01%, less than SGOV's 5.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
REIT ALPS Active REIT ETF | 3.01% | 3.13% | 2.81% | 4.70% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.23% | 4.87% | 1.45% | 0.03% | 0.04% |
Drawdowns
REIT vs. SGOV - Drawdown Comparison
The maximum REIT drawdown since its inception was -29.30%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for REIT and SGOV. For additional features, visit the drawdowns tool.
Volatility
REIT vs. SGOV - Volatility Comparison
ALPS Active REIT ETF (REIT) has a higher volatility of 4.65% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. This indicates that REIT'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.