RWO vs. NLY
Compare and contrast key facts about SPDR Dow Jones Global Real Estate ETF (RWO) and Annaly Capital Management, Inc. (NLY).
RWO is a passively managed fund by State Street that tracks the performance of the Dow Jones Global Select Real Estate Securities Index. It was launched on May 13, 2008.
Performance
RWO vs. NLY - Performance Comparison
Loading graphics...
RWO vs. NLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWO SPDR Dow Jones Global Real Estate ETF | 3.40% | 8.87% | 1.76% | 10.91% | -25.11% | 31.03% | -10.44% | 21.17% | -6.04% | 7.80% |
NLY Annaly Capital Management, Inc. | -2.28% | 40.00% | 8.07% | 4.94% | -21.41% | 2.48% | 2.38% | 7.22% | -7.22% | 31.92% |
Returns By Period
In the year-to-date period, RWO achieves a 3.40% return, which is significantly higher than NLY's -2.28% return. Over the past 10 years, RWO has underperformed NLY with an annualized return of 3.10%, while NLY has yielded a comparatively higher 5.83% annualized return.
RWO
- 1D
- 1.09%
- 1M
- -5.92%
- YTD
- 3.40%
- 6M
- 2.59%
- 1Y
- 9.75%
- 3Y*
- 7.83%
- 5Y*
- 2.85%
- 10Y*
- 3.10%
NLY
- 1D
- -0.09%
- 1M
- -5.86%
- YTD
- -2.28%
- 6M
- 9.23%
- 1Y
- 20.39%
- 3Y*
- 18.25%
- 5Y*
- 3.38%
- 10Y*
- 5.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RWO vs. NLY — Risk / Return Rank
RWO
NLY
RWO vs. NLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Global Real Estate ETF (RWO) and Annaly Capital Management, Inc. (NLY). 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.
| RWO | NLY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 0.92 | -0.29 |
Sortino ratioReturn per unit of downside risk | 0.96 | 1.28 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.18 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.86 | 1.28 | -0.42 |
Martin ratioReturn relative to average drawdown | 3.70 | 3.79 | -0.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RWO | NLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.92 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.13 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | 0.21 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.31 | -0.15 |
Correlation
The correlation between RWO and NLY is 0.49, 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.
Dividends
RWO vs. NLY - Dividend Comparison
RWO's dividend yield for the trailing twelve months is around 3.49%, less than NLY's 13.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWO SPDR Dow Jones Global Real Estate ETF | 3.49% | 3.62% | 3.68% | 3.53% | 3.69% | 2.79% | 3.25% | 3.97% | 3.90% | 3.26% | 3.77% | 2.97% |
NLY Annaly Capital Management, Inc. | 13.25% | 12.52% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% |
Drawdowns
RWO vs. NLY - Drawdown Comparison
The maximum RWO drawdown since its inception was -67.69%, which is greater than NLY's maximum drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for RWO and NLY.
Loading graphics...
Drawdown Indicators
| RWO | NLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -60.09% | -7.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -14.88% | +3.40% |
Max Drawdown (5Y)Largest decline over 5 years | -32.85% | -52.12% | +19.27% |
Max Drawdown (10Y)Largest decline over 10 years | -43.27% | -60.09% | +16.82% |
Current DrawdownCurrent decline from peak | -6.69% | -10.45% | +3.76% |
Average DrawdownAverage peak-to-trough decline | -12.78% | -13.79% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 5.03% | -2.35% |
Volatility
RWO vs. NLY - Volatility Comparison
The current volatility for SPDR Dow Jones Global Real Estate ETF (RWO) is 5.31%, while Annaly Capital Management, Inc. (NLY) has a volatility of 8.54%. This indicates that RWO experiences smaller price fluctuations and is considered to be less risky than NLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RWO | NLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 8.54% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.05% | 14.56% | -5.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.56% | 22.40% | -6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.98% | 25.46% | -8.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 28.06% | -9.87% |