REK vs. WTRE
REK (ProShares Short Real Estate) and WTRE (WisdomTree New Economy Real Estate ETF) are both REIT funds - REK tracks the DJ Global United States (All) / Real Estate -SS (-100%) while WTRE tracks the CenterSquare New Economy Real Estate Index. Both are passively managed. Over the past 10 years, REK returned -6.46%/yr vs 3.82%/yr for WTRE. At a correlation of -0.62, they often move in opposite directions. REK charges 0.95%/yr vs 0.58%/yr for WTRE.
Performance
REK vs. WTRE - Performance Comparison
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Returns By Period
In the year-to-date period, REK achieves a -9.73% return, which is significantly lower than WTRE's 18.57% return. Over the past 10 years, REK has underperformed WTRE with an annualized return of -6.46%, while WTRE has yielded a comparatively higher 3.82% annualized return.
REK
- 1D
- -0.55%
- 1M
- -1.21%
- YTD
- -9.73%
- 6M
- -9.36%
- 1Y
- -4.46%
- 3Y*
- -5.42%
- 5Y*
- -0.55%
- 10Y*
- -6.46%
WTRE
- 1D
- -1.19%
- 1M
- -3.13%
- YTD
- 18.57%
- 6M
- 17.69%
- 1Y
- 32.94%
- 3Y*
- 18.57%
- 5Y*
- 1.15%
- 10Y*
- 3.82%
REK vs. WTRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REK ProShares Short Real Estate | -9.73% | 2.35% | 1.42% | -6.61% | 29.17% | -30.58% | -11.33% | -20.96% | 4.61% | -9.34% |
WTRE WisdomTree New Economy Real Estate ETF | 18.57% | 26.36% | -3.27% | 14.07% | -31.68% | 1.00% | -15.74% | 22.28% | -11.21% | 37.80% |
Correlation
The correlation between REK and WTRE is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.63 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2010 | -0.62 |
The correlation between REK and WTRE shifts across timeframes, from -0.76 (5 years) to -0.43 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
REK vs. WTRE — Risk / Return Rank
REK
WTRE
REK vs. WTRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short Real Estate (REK) and WisdomTree New Economy Real Estate ETF (WTRE). 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.
| REK | WTRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.56 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.27 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 2.33 | -2.73 |
| Martin ratioReturn relative to average drawdown | -0.90 | 6.31 | -7.21 |
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Drawdowns
REK vs. WTRE - Drawdown Comparison
The maximum REK drawdown since its inception was -84.57%, which is greater than WTRE's maximum drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for REK and WTRE.
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Drawdown Indicators
| REK | WTRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -74.18% | -10.39% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -14.22% | +3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -26.93% | -22.14% | -4.79% |
Max Drawdown (5Y)Largest decline over 5 years | -26.93% | -42.54% | +15.61% |
Max Drawdown (10Y)Largest decline over 10 years | -58.67% | -48.47% | -10.20% |
Current DrawdownCurrent decline from peak | -82.56% | -6.45% | -76.11% |
Average DrawdownAverage peak-to-trough decline | -64.12% | -24.92% | -39.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 5.23% | -0.25% |
Volatility
REK vs. WTRE - Volatility Comparison
The current volatility for ProShares Short Real Estate (REK) is 5.24%, while WisdomTree New Economy Real Estate ETF (WTRE) has a volatility of 5.84%. This indicates that REK experiences smaller price fluctuations and is considered to be less risky than WTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REK | WTRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 5.84% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 10.60% | 16.08% | -5.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.06% | 20.72% | -6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 19.40% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.35% | 18.43% | +1.92% |
REK vs. WTRE - Expense Ratio Comparison
REK has a 0.95% expense ratio, which is higher than WTRE's 0.58% expense ratio.
Dividends
REK vs. WTRE - Dividend Comparison
REK's dividend yield for the trailing twelve months is around 3.38%, more than WTRE's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REK ProShares Short Real Estate | 3.38% | 3.43% | 6.22% | 4.50% | 0.48% | 0.00% | 0.07% | 1.28% | 0.43% | 0.00% | 0.00% | 0.00% |
WTRE WisdomTree New Economy Real Estate ETF | 2.05% | 2.33% | 2.69% | 2.05% | 1.68% | 6.47% | 2.96% | 7.88% | 4.49% | 6.34% | 5.96% | 4.58% |
Frequently Asked Questions
REK and WTRE have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTRE has higher volatility (5.84%) compared to REK (5.24%). In terms of maximum drawdown, REK dropped -84.57% vs WTRE's -74.18%.
On 10-year performance, WTRE leads with 3.82% vs -6.46% for REK. On fees, WTRE is cheaper at 0.58% per year. On volatility, REK has been the lower-risk option at 5.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, WTRE has performed better with a 3.82% return vs -6.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTRE is cheaper with a 0.58% expense ratio, compared with 0.95% for REK.
REK has the higher dividend yield at 3.38%, compared with 2.05% for WTRE.
REK tracks DJ Global United States (All) / Real Estate -SS (-100%), while WTRE tracks CenterSquare New Economy Real Estate Index. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for REK and 0.58% for WTRE.
WTRE currently has the higher Sharpe Ratio (1.60 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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