RITA vs. SPRE
Compare and contrast key facts about ETFB Green SRI REITs ETF (RITA) and SP Funds S&P Global REIT Sharia ETF (SPRE).
RITA and SPRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RITA is a passively managed fund by ETFB that tracks the performance of the FTSE EPRA Nareit IdealRatings Developed REITs Islamic Green Capped Index - Benchmark TR Gross. It was launched on Dec 8, 2021. SPRE is a passively managed fund by Toroso Investments that tracks the performance of the S&P Global All Equity REIT Shariah Capped Index. It was launched on Dec 30, 2020. Both RITA and SPRE 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: RITA or SPRE.
Correlation
The correlation between RITA and SPRE is 0.93, 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
RITA vs. SPRE - Performance Comparison
Key characteristics
RITA:
0.75
SPRE:
0.54
RITA:
1.10
SPRE:
0.83
RITA:
1.13
SPRE:
1.10
RITA:
0.35
SPRE:
0.29
RITA:
1.91
SPRE:
1.58
RITA:
5.38%
SPRE:
5.41%
RITA:
13.78%
SPRE:
15.93%
RITA:
-35.92%
SPRE:
-38.34%
RITA:
-17.81%
SPRE:
-17.66%
Returns By Period
In the year-to-date period, RITA achieves a 4.01% return, which is significantly lower than SPRE's 4.54% return.
RITA
4.01%
0.80%
-1.70%
10.21%
N/A
N/A
SPRE
4.54%
1.21%
0.73%
7.90%
N/A
N/A
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RITA vs. SPRE - Expense Ratio Comparison
RITA has a 0.50% expense ratio, which is lower than SPRE's 0.69% expense ratio.
Risk-Adjusted Performance
RITA vs. SPRE — Risk-Adjusted Performance Rank
RITA
SPRE
RITA vs. SPRE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFB Green SRI REITs ETF (RITA) and SP Funds S&P Global REIT Sharia ETF (SPRE). 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
RITA vs. SPRE - Dividend Comparison
RITA's dividend yield for the trailing twelve months is around 3.00%, less than SPRE's 3.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
RITA ETFB Green SRI REITs ETF | 3.00% | 3.12% | 3.25% | 2.41% | 0.20% |
SPRE SP Funds S&P Global REIT Sharia ETF | 3.96% | 4.13% | 4.16% | 4.17% | 2.83% |
Drawdowns
RITA vs. SPRE - Drawdown Comparison
The maximum RITA drawdown since its inception was -35.92%, smaller than the maximum SPRE drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for RITA and SPRE. For additional features, visit the drawdowns tool.
Volatility
RITA vs. SPRE - Volatility Comparison
ETFB Green SRI REITs ETF (RITA) and SP Funds S&P Global REIT Sharia ETF (SPRE) have volatilities of 3.87% and 3.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.