RWR vs. PLD

Last updated Jun 4, 2026

RWR (SPDR Dow Jones REIT ETF) is REIT fund tracking the Dow Jones U.S. Select REIT Index, while PLD (Prologis, Inc.) is a stock. Over the past 10 years, RWR returned 5.15%/yr vs 14.55%/yr for PLD. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

RWR vs. PLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Dow Jones REIT ETF (RWR) and Prologis, Inc. (PLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RWR achieves a 11.08% return, which is significantly lower than PLD's 11.99% return. Over the past 10 years, RWR has underperformed PLD with an annualized return of 5.15%, while PLD has yielded a comparatively higher 14.55% annualized return.

RWR

• 1D: 0.27%
• 1M: -0.13%
• YTD: 11.08%
• 6M: 9.50%
• 1Y: 15.44%
• 3Y*: 11.00%
• 5Y*: 4.15%
• 10Y*: 5.15%

PLD

• 1D: 1.00%
• 1M: 2.21%
• YTD: 11.99%
• 6M: 11.52%
• 1Y: 34.61%
• 3Y*: 7.70%
• 5Y*: 5.96%
• 10Y*: 14.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RWR vs. PLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RWR SPDR Dow Jones REIT ETF	11.08%	3.20%	7.74%	13.76%	-26.09%	45.47%	-11.40%	22.71%	-4.47%	3.47%
PLD Prologis, Inc.	11.99%	25.08%	-18.12%	21.58%	-31.33%	72.33%	14.74%	55.87%	-6.25%	25.94%

Correlation

The correlation between RWR and PLD is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Apr 30, 2001	0.82

The correlation between RWR and PLD has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

Return for Risk

RWR vs. PLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RWR

RWR Risk / Return Rank: 34
RWR Sharpe Ratio Rank: 31
RWR Sortino Ratio Rank: 30
RWR Omega Ratio Rank: 29
RWR Calmar Ratio Rank: 39
RWR Martin Ratio Rank: 41

PLD

PLD Risk / Return Rank: 83
PLD Sharpe Ratio Rank: 83
PLD Sortino Ratio Rank: 80
PLD Omega Ratio Rank: 78
PLD Calmar Ratio Rank: 85
PLD Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RWR vs. PLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones REIT ETF (RWR) and Prologis, Inc. (PLD). 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.

	RWR	PLD	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.65	-0.49
Sortino ratio: Return per unit of downside risk	1.63	2.41	-0.78
Omega ratio: Gain probability vs. loss probability	1.20	1.29	-0.09
Calmar ratio: Return relative to maximum drawdown	1.93	3.63	-1.70
Martin ratio: Return relative to average drawdown	6.55	11.97	-5.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RWR vs. PLD - Sharpe Ratio Comparison

The current RWR Sharpe Ratio is 1.16, which is comparable to the PLD Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of RWR and PLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RWR	PLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.65	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.22	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.54	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.33	-0.02

Drawdowns

RWR vs. PLD - Drawdown Comparison

The maximum RWR drawdown since its inception was -74.92%, smaller than the maximum PLD drawdown of -84.70%. Use the drawdown chart below to compare losses from any high point for RWR and PLD.

Drawdown Indicators

	RWR	PLD	Difference
Max Drawdown Largest peak-to-trough decline	-74.92%	-84.70%	+9.78%
Max Drawdown (1Y) Largest decline over 1 year	-8.04%	-9.59%	+1.55%
Max Drawdown (3Y) Largest decline over 3 years	-18.85%	-31.37%	+12.52%
Max Drawdown (5Y) Largest decline over 5 years	-32.58%	-43.30%	+10.72%
Max Drawdown (10Y) Largest decline over 10 years	-44.39%	-43.30%	-1.09%
Current Drawdown Current decline from peak	-3.09%	-7.29%	+4.20%
Average Drawdown Average peak-to-trough decline	-13.11%	-17.37%	+4.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	2.90%	-0.54%

Volatility

RWR vs. PLD - Volatility Comparison

The current volatility for SPDR Dow Jones REIT ETF (RWR) is 4.09%, while Prologis, Inc. (PLD) has a volatility of 5.62%. This indicates that RWR experiences smaller price fluctuations and is considered to be less risky than PLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RWR	PLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	5.62%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	14.08%	-4.57%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	21.13%	-7.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.01%	26.94%	-7.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	26.98%	-5.47%

Dividends

RWR vs. PLD - Dividend Comparison

RWR's dividend yield for the trailing twelve months is around 3.44%, more than PLD's 2.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLD Prologis, Inc.	2.89%	3.16%	3.63%	2.61%	2.80%	1.50%	2.33%	2.38%	3.27%	2.73%	3.18%	3.54%
RWR SPDR Dow Jones REIT ETF	3.44%	3.78%	3.76%	3.75%	3.81%	2.79%	3.73%	3.36%	4.19%	3.05%	4.39%	3.17%

Frequently Asked Questions

Can I hold both RWR and PLD in my portfolio?

RWR and PLD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RWR or PLD?

PLD has higher volatility (5.62%) compared to RWR (4.09%). In terms of maximum drawdown, RWR dropped -74.92% vs PLD's -84.70%.

Which has better risk-adjusted returns?

PLD currently has the higher Sharpe Ratio (1.65 vs 1.16), 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.