RWR vs. VNQ
Compare and contrast key facts about SPDR Dow Jones REIT ETF (RWR) and Vanguard Real Estate ETF (VNQ).
RWR and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RWR is a passively managed fund by State Street that tracks the performance of the Dow Jones U.S. Select REIT Index. It was launched on Apr 23, 2001. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004. Both RWR and VNQ 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: RWR or VNQ.
Key characteristics
| RWR | VNQ | |
|---|---|---|
| YTD Return | 12.81% | 10.24% |
| 1Y Return | 27.32% | 24.63% |
| 3Y Return (Ann) | 0.12% | -0.98% |
| 5Y Return (Ann) | 3.99% | 4.31% |
| 10Y Return (Ann) | 5.59% | 6.08% |
| Sharpe Ratio | 2.01 | 1.85 |
| Sortino Ratio | 2.91 | 2.65 |
| Omega Ratio | 1.35 | 1.33 |
| Calmar Ratio | 1.33 | 1.17 |
| Martin Ratio | 9.27 | 7.06 |
| Ulcer Index | 3.69% | 4.47% |
| Daily Std Dev | 17.03% | 17.09% |
| Max Drawdown | -74.92% | -73.07% |
| Current Drawdown | -5.13% | -9.06% |
Correlation
The correlation between RWR and VNQ is 0.98, 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
RWR vs. VNQ - Performance Comparison
In the year-to-date period, RWR achieves a 12.81% return, which is significantly higher than VNQ's 10.24% return. Over the past 10 years, RWR has underperformed VNQ with an annualized return of 5.59%, while VNQ has yielded a comparatively higher 6.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RWR vs. VNQ - Expense Ratio Comparison
RWR has a 0.25% expense ratio, which is higher than VNQ's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RWR vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones REIT ETF (RWR) and Vanguard Real Estate ETF (VNQ). 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
RWR vs. VNQ - Dividend Comparison
RWR's dividend yield for the trailing twelve months is around 3.38%, less than VNQ's 3.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWR SPDR Dow Jones REIT ETF | 3.38% | 3.75% | 3.81% | 2.79% | 3.73% | 3.36% | 4.19% | 3.05% | 4.39% | 3.17% | 3.06% | 3.39% |
VNQ Vanguard Real Estate ETF | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
RWR vs. VNQ - Drawdown Comparison
The maximum RWR drawdown since its inception was -74.92%, roughly equal to the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for RWR and VNQ. For additional features, visit the drawdowns tool.
Volatility
RWR vs. VNQ - Volatility Comparison
SPDR Dow Jones REIT ETF (RWR) and Vanguard Real Estate ETF (VNQ) have volatilities of 5.16% and 5.25%, 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.