RSPR vs. PPTY
RSPR (Invesco S&P 500 Equal Weight Real Estate ETF) and PPTY (US Diversified Real Estate ETF) are both REIT funds - RSPR tracks the S&P 500 Equal Weighted / Real Estate - SEC while PPTY tracks the USREX - U.S. Diversified Real Estate Index. Both are passively managed. Over the past 5 years, RSPR returned 2.56%/yr vs 2.74%/yr for PPTY. Their correlation of 0.95 suggests significant overlap in exposure. RSPR charges 0.40%/yr vs 0.49%/yr for PPTY.
Performance
RSPR vs. PPTY - Performance Comparison
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Returns By Period
In the year-to-date period, RSPR achieves a 9.30% return, which is significantly lower than PPTY's 12.29% return.
RSPR
- 1D
- 0.79%
- 1M
- 0.30%
- YTD
- 9.30%
- 6M
- 10.15%
- 1Y
- 6.48%
- 3Y*
- 9.90%
- 5Y*
- 2.56%
- 10Y*
- 6.16%
PPTY
- 1D
- 0.66%
- 1M
- 1.48%
- YTD
- 12.29%
- 6M
- 12.58%
- 1Y
- 12.90%
- 3Y*
- 10.79%
- 5Y*
- 2.74%
- 10Y*
- —
RSPR vs. PPTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 9.30% | -1.88% | 8.61% | 11.59% | -25.16% | 49.61% | -2.90% | 24.62% | 5.40% |
PPTY US Diversified Real Estate ETF | 12.29% | -3.47% | 9.85% | 12.66% | -26.10% | 40.36% | -7.25% | 30.19% | 4.86% |
Correlation
The correlation between RSPR and PPTY is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2018 | 0.95 |
The correlation between RSPR and PPTY has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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Return for Risk
RSPR vs. PPTY — Risk / Return Rank
RSPR
PPTY
RSPR vs. PPTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and US Diversified Real Estate ETF (PPTY). 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.
| RSPR | PPTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.16 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.60 | -0.85 |
| Martin ratioReturn relative to average drawdown | 1.64 | 4.63 | -2.99 |
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Drawdowns
RSPR vs. PPTY - Drawdown Comparison
The maximum RSPR drawdown since its inception was -41.96%, roughly equal to the maximum PPTY drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for RSPR and PPTY.
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Drawdown Indicators
| RSPR | PPTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.96% | -41.69% | -0.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -8.09% | -0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -17.78% | -21.06% | +3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -33.03% | -32.37% | -0.66% |
Max Drawdown (10Y)Largest decline over 10 years | -41.96% | — | — |
Current DrawdownCurrent decline from peak | -2.93% | -2.05% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -9.36% | -11.28% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 2.79% | +1.16% |
Volatility
RSPR vs. PPTY - Volatility Comparison
Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) and US Diversified Real Estate ETF (PPTY) have volatilities of 4.77% and 4.76%, 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.
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Volatility by Period
| RSPR | PPTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 4.76% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.52% | 10.03% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 14.13% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.12% | 18.59% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 21.90% | -0.48% |
RSPR vs. PPTY - Expense Ratio Comparison
RSPR has a 0.40% expense ratio, which is lower than PPTY's 0.49% expense ratio.
Dividends
RSPR vs. PPTY - Dividend Comparison
RSPR's dividend yield for the trailing twelve months is around 3.45%, more than PPTY's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPTY US Diversified Real Estate ETF | 2.59% | 3.04% | 3.29% | 4.08% | 4.29% | 2.87% | 3.43% | 3.30% | 1.97% | 0.00% | 0.00% | 0.00% |
RSPR Invesco S&P 500 Equal Weight Real Estate ETF | 3.45% | 2.70% | 2.58% | 2.91% | 3.14% | 2.56% | 3.82% | 2.48% | 3.02% | 3.01% | 2.06% | 1.03% |
Frequently Asked Questions
With a correlation of 0.92, RSPR and PPTY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
RSPR has higher volatility (4.77%) compared to PPTY (4.76%). In terms of maximum drawdown, RSPR dropped -41.96% vs PPTY's -41.69%.
On 5-year performance, PPTY leads with 2.74% vs 2.56% for RSPR. On fees, RSPR is cheaper at 0.40% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, PPTY has performed better with a 2.74% return vs 2.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RSPR is cheaper with a 0.40% expense ratio, compared with 0.49% for PPTY.
RSPR has the higher dividend yield at 3.45%, compared with 2.59% for PPTY.
RSPR tracks S&P 500 Equal Weighted / Real Estate - SEC, while PPTY tracks USREX - U.S. Diversified Real Estate Index. They also come from different issuers: Invesco and Vident. Their fees differ too: 0.40% for RSPR and 0.49% for PPTY.
PPTY currently has the higher Sharpe Ratio (0.92 vs 0.45), 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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