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REZ vs. IYR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


REZIYR
YTD Return-0.18%-6.20%
1Y Return3.61%3.79%
3Y Return (Ann)0.00%-2.13%
5Y Return (Ann)3.89%2.67%
10Y Return (Ann)6.75%5.25%
Sharpe Ratio0.190.17
Daily Std Dev18.44%18.40%
Max Drawdown-66.84%-74.13%
Current Drawdown-21.60%-21.82%

Correlation

-0.50.00.51.00.9

The correlation between REZ and IYR is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

REZ vs. IYR - Performance Comparison

In the year-to-date period, REZ achieves a -0.18% return, which is significantly higher than IYR's -6.20% return. Over the past 10 years, REZ has outperformed IYR with an annualized return of 6.75%, while IYR has yielded a comparatively lower 5.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


60.00%80.00%100.00%120.00%140.00%160.00%180.00%December2024FebruaryMarchAprilMay
183.27%
88.15%
REZ
IYR

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Residential Real Estate ETF

iShares U.S. Real Estate ETF

REZ vs. IYR - Expense Ratio Comparison

REZ has a 0.48% expense ratio, which is higher than IYR's 0.42% expense ratio.


REZ
iShares Residential Real Estate ETF
Expense ratio chart for REZ: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for IYR: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

REZ vs. IYR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Residential Real Estate ETF (REZ) and iShares U.S. Real Estate ETF (IYR). 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.


REZ
Sharpe ratio
The chart of Sharpe ratio for REZ, currently valued at 0.19, compared to the broader market0.002.004.000.19
Sortino ratio
The chart of Sortino ratio for REZ, currently valued at 0.41, compared to the broader market-2.000.002.004.006.008.0010.000.41
Omega ratio
The chart of Omega ratio for REZ, currently valued at 1.05, compared to the broader market0.501.001.502.002.501.05
Calmar ratio
The chart of Calmar ratio for REZ, currently valued at 0.10, compared to the broader market0.002.004.006.008.0010.0012.0014.000.10
Martin ratio
The chart of Martin ratio for REZ, currently valued at 0.46, compared to the broader market0.0020.0040.0060.0080.000.46
IYR
Sharpe ratio
The chart of Sharpe ratio for IYR, currently valued at 0.17, compared to the broader market0.002.004.000.17
Sortino ratio
The chart of Sortino ratio for IYR, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.38
Omega ratio
The chart of Omega ratio for IYR, currently valued at 1.04, compared to the broader market0.501.001.502.002.501.04
Calmar ratio
The chart of Calmar ratio for IYR, currently valued at 0.09, compared to the broader market0.002.004.006.008.0010.0012.0014.000.09
Martin ratio
The chart of Martin ratio for IYR, currently valued at 0.46, compared to the broader market0.0020.0040.0060.0080.000.46

REZ vs. IYR - Sharpe Ratio Comparison

The current REZ Sharpe Ratio is 0.19, which roughly equals the IYR Sharpe Ratio of 0.17. The chart below compares the 12-month rolling Sharpe Ratio of REZ and IYR.


Rolling 12-month Sharpe Ratio-0.500.000.501.00December2024FebruaryMarchAprilMay
0.19
0.17
REZ
IYR

Dividends

REZ vs. IYR - Dividend Comparison

REZ's dividend yield for the trailing twelve months is around 2.88%, more than IYR's 2.81% yield.


TTM20232022202120202019201820172016201520142013
REZ
iShares Residential Real Estate ETF
2.88%2.94%3.37%1.81%3.17%2.90%3.63%3.57%5.55%3.18%3.13%3.92%
IYR
iShares U.S. Real Estate ETF
2.81%2.75%2.92%2.06%2.58%3.05%3.53%3.73%4.41%3.92%3.66%3.78%

Drawdowns

REZ vs. IYR - Drawdown Comparison

The maximum REZ drawdown since its inception was -66.84%, smaller than the maximum IYR drawdown of -74.13%. Use the drawdown chart below to compare losses from any high point for REZ and IYR. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%December2024FebruaryMarchAprilMay
-21.60%
-21.82%
REZ
IYR

Volatility

REZ vs. IYR - Volatility Comparison

The current volatility for iShares Residential Real Estate ETF (REZ) is 5.39%, while iShares U.S. Real Estate ETF (IYR) has a volatility of 6.00%. This indicates that REZ experiences smaller price fluctuations and is considered to be less risky than IYR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%December2024FebruaryMarchAprilMay
5.39%
6.00%
REZ
IYR