PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
RWR vs. VTIP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RWR vs. VTIP

Last updated Jun 4, 2026

RWR (SPDR Dow Jones REIT ETF) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both exchange-traded funds - RWR is a REIT fund tracking the Dow Jones U.S. Select REIT Index, while VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. Both are passively managed. Over the past 10 years, RWR returned 5.15%/yr vs 3.14%/yr for VTIP. At a 0.18 correlation, their price movements are largely independent. RWR charges 0.25%/yr vs 0.03%/yr for VTIP.

Performance

RWR vs. VTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Dow Jones REIT ETF (RWR) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, RWR achieves a 11.08% return, which is significantly higher than VTIP's 2.05% return. Over the past 10 years, RWR has outperformed VTIP with an annualized return of 5.15%, while VTIP has yielded a comparatively lower 3.14% 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%

VTIP

1D
0.00%
1M
0.04%
YTD
2.05%
6M
2.03%
1Y
4.70%
3Y*
5.26%
5Y*
3.37%
10Y*
3.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RWR vs. VTIP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF		2.05%6.07%4.74%4.62%-2.94%5.36%4.95%4.86%0.56%0.82%

Correlation

The correlation between RWR and VTIP is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (10Y)
Calculated over the trailing 10-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Oct 17, 2012

0.18

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Dow Jones REIT ETF

Vanguard Short-Term Inflation-Protected Securities ETF

Often compared with RWR:
RWR vs. VNQRWR vs. SCHHRWR vs. FRIRWR vs. VOORWR vs. SPYRWR vs. VGSLXRWR vs. EUEA.AS
Often compared with VTIP:
VTIP vs. SCHPVTIP vs. TIPVTIP vs. VGSHVTIP vs. STIPVTIP vs. VGITVTIP vs. BNDVTIP vs. VTAPX

Return for Risk

RWR vs. VTIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RWR
RWR Risk / Return Rank: 3434
Overall Rank
RWR Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
RWR Sortino Ratio Rank: 3030
Sortino Ratio Rank
RWR Omega Ratio Rank: 2929
Omega Ratio Rank
RWR Calmar Ratio Rank: 3939
Calmar Ratio Rank
RWR Martin Ratio Rank: 4141
Martin Ratio Rank
VTIP
VTIP Risk / Return Rank: 9393
Overall Rank
VTIP Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
VTIP Sortino Ratio Rank: 9595
Sortino Ratio Rank
VTIP Omega Ratio Rank: 9393
Omega Ratio Rank
VTIP Calmar Ratio Rank: 9393
Calmar Ratio Rank
VTIP Martin Ratio Rank: 9393
Martin Ratio Rank
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. VTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones REIT ETF (RWR) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.

RWRVTIPDifference
Sharpe ratioReturn per unit of total volatility
1.16
3.15

-1.99

Sortino ratioReturn per unit of downside risk
1.63
5.36

-3.73

Omega ratioGain probability vs. loss probability

1.20

1.67

-0.47

Calmar ratioReturn relative to maximum drawdown

1.93

6.75

-4.82

Martin ratioReturn relative to average drawdown

6.55

26.06

-19.51

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. VTIP - Sharpe Ratio Comparison

The current RWR Sharpe Ratio is 1.16, which is lower than the VTIP Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of RWR and VTIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

RWRVTIPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

3.15

-1.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.22

1.22

-1.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.24

1.15

-0.91

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.89

-0.58

Drawdowns

RWR vs. VTIP - Drawdown Comparison

The maximum RWR drawdown since its inception was -74.92%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for RWR and VTIP.

Loading charts...

Drawdown Indicators

RWRVTIPDifference

Max Drawdown

Largest peak-to-trough decline

-74.92%

-6.27%

-68.65%

Max Drawdown (1Y)

Largest decline over 1 year

-8.04%

-0.70%

-7.34%

Max Drawdown (3Y)

Largest decline over 3 years

-18.85%

-0.98%

-17.87%

Max Drawdown (5Y)

Largest decline over 5 years

-32.58%

-5.50%

-27.08%

Max Drawdown (10Y)

Largest decline over 10 years

-44.39%

-6.27%

-38.12%

Current Drawdown

Current decline from peak

-3.09%

-0.02%

-3.07%

Average Drawdown

Average peak-to-trough decline

-13.11%

-1.04%

-12.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.36%

0.18%

+2.18%

Volatility

RWR vs. VTIP - Volatility Comparison

SPDR Dow Jones REIT ETF (RWR) has a higher volatility of 4.09% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.43%. This indicates that RWR's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

RWRVTIPDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.09%

0.43%

+3.66%

Volatility (6M)

Calculated over the trailing 6-month period

9.51%

1.02%

+8.49%

Volatility (1Y)

Calculated over the trailing 1-year period

13.39%

1.50%

+11.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.01%

2.77%

+16.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.51%

2.74%

+18.77%

RWR vs. VTIP - Expense Ratio Comparison

RWR has a 0.25% expense ratio, which is higher than VTIP's 0.03% 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%.

Dividends

RWR vs. VTIP - Dividend Comparison

RWR's dividend yield for the trailing twelve months is around 3.44%, less than VTIP's 3.58% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF		3.58%3.81%2.70%2.86%6.84%4.68%1.20%1.95%2.45%1.52%0.76%0.00%

Frequently Asked Questions

RWR and VTIP have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RWR has higher volatility (4.09%) compared to VTIP (0.43%). In terms of maximum drawdown, RWR dropped -74.92% vs VTIP's -6.27%.

On 10-year performance, RWR leads with 5.15% vs 3.14% for VTIP. On fees, VTIP is cheaper at 0.03% per year. On volatility, VTIP has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, RWR has performed better with a 5.15% return vs 3.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTIP is cheaper with a 0.03% expense ratio, compared with 0.25% for RWR.

VTIP has the higher dividend yield at 3.58%, compared with 3.44% for RWR.

RWR is categorized as REIT, while VTIP is Inflation-Protected Bonds. RWR tracks Dow Jones U.S. Select REIT Index, while VTIP tracks Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.25% for RWR and 0.03% for VTIP.

VTIP currently has the higher Sharpe Ratio (3.15 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.

Portfolio Optimizer

Find the right allocation for RWR and VTIP

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer