Correlation
The correlation between REK and UCON is 0.18, 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.
REK vs. UCON
Compare and contrast key facts about ProShares Short Real Estate (REK) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
REK and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REK is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Real Estate -SS (-100%). It was launched on Mar 18, 2010. UCON is an actively managed fund by First Trust. It was launched on Jun 4, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REK or UCON.
Performance
REK vs. UCON - Performance Comparison
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Key characteristics
REK:
-0.56
UCON:
2.31
REK:
-0.59
UCON:
3.29
REK:
0.93
UCON:
1.43
REK:
-0.11
UCON:
3.73
REK:
-0.77
UCON:
9.17
REK:
11.47%
UCON:
0.68%
REK:
18.52%
UCON:
2.81%
REK:
-84.57%
UCON:
-15.31%
REK:
-81.42%
UCON:
-0.11%
Returns By Period
In the year-to-date period, REK achieves a -1.57% return, which is significantly lower than UCON's 1.88% return.
REK
-1.57%
-0.89%
8.59%
-10.21%
2.19%
-6.44%
-7.07%
UCON
1.88%
0.16%
1.70%
6.44%
4.16%
3.24%
N/A
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REK vs. UCON - Expense Ratio Comparison
REK has a 0.95% expense ratio, which is higher than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
REK vs. UCON — Risk-Adjusted Performance Rank
REK
UCON
REK vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short Real Estate (REK) and First Trust TCW Unconstrained Plus Bond ETF (UCON). 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.
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Dividends
REK vs. UCON - Dividend Comparison
REK's dividend yield for the trailing twelve months is around 6.13%, more than UCON's 4.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
REK ProShares Short Real Estate | 6.13% | 6.23% | 4.50% | 0.48% | 0.00% | 0.07% | 1.28% | 0.42% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.75% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% |
Drawdowns
REK vs. UCON - Drawdown Comparison
The maximum REK drawdown since its inception was -84.57%, which is greater than UCON's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for REK and UCON.
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Volatility
REK vs. UCON - Volatility Comparison
ProShares Short Real Estate (REK) has a higher volatility of 4.78% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.84%. This indicates that REK's price experiences larger fluctuations and is considered to be riskier than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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