REZ vs. URE
Compare and contrast key facts about iShares Residential Real Estate ETF (REZ) and ProShares Ultra Real Estate (URE).
REZ and URE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REZ is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT All Residential Capped Index. It was launched on May 4, 2007. URE is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Real Estate Index (200%). It was launched on Jan 30, 2007. Both REZ and URE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REZ or URE.
Correlation
The correlation between REZ and URE is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
REZ vs. URE - Performance Comparison
Key characteristics
REZ:
1.17
URE:
0.61
REZ:
1.66
URE:
1.03
REZ:
1.21
URE:
1.13
REZ:
0.86
URE:
0.34
REZ:
3.88
URE:
1.93
REZ:
5.50%
URE:
11.56%
REZ:
18.20%
URE:
36.71%
REZ:
-66.84%
URE:
-97.16%
REZ:
-9.48%
URE:
-57.79%
Returns By Period
In the year-to-date period, REZ achieves a 2.23% return, which is significantly higher than URE's -2.30% return. Over the past 10 years, REZ has outperformed URE with an annualized return of 6.42%, while URE has yielded a comparatively lower 2.34% annualized return.
REZ
2.23%
-2.36%
-4.97%
19.71%
11.22%
6.42%
URE
-2.30%
-4.78%
-17.98%
19.17%
7.08%
2.34%
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REZ vs. URE - Expense Ratio Comparison
REZ has a 0.48% expense ratio, which is lower than URE's 0.95% expense ratio.
Risk-Adjusted Performance
REZ vs. URE — Risk-Adjusted Performance Rank
REZ
URE
REZ vs. URE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Residential Real Estate ETF (REZ) and ProShares Ultra Real Estate (URE). 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
REZ vs. URE - Dividend Comparison
REZ's dividend yield for the trailing twelve months is around 2.29%, less than URE's 2.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REZ iShares Residential Real Estate ETF | 2.29% | 2.26% | 2.94% | 3.37% | 1.81% | 3.17% | 2.90% | 3.63% | 3.57% | 5.54% | 3.18% | 3.13% |
URE ProShares Ultra Real Estate | 2.50% | 2.09% | 1.32% | 1.26% | 0.58% | 0.94% | 1.10% | 1.54% | 0.93% | 1.23% | 0.81% | 1.24% |
Drawdowns
REZ vs. URE - Drawdown Comparison
The maximum REZ drawdown since its inception was -66.84%, smaller than the maximum URE drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for REZ and URE. For additional features, visit the drawdowns tool.
Volatility
REZ vs. URE - Volatility Comparison
The current volatility for iShares Residential Real Estate ETF (REZ) is 9.96%, while ProShares Ultra Real Estate (URE) has a volatility of 20.49%. This indicates that REZ experiences smaller price fluctuations and is considered to be less risky than URE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.