RWX vs. VNQ
Compare and contrast key facts about SPDR DJ Wilshire International Real Estate ETF (RWX) and Vanguard Real Estate ETF (VNQ).
RWX and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RWX is a passively managed fund by State Street that tracks the performance of the Dow Jones Global ex-U.S. Real Estate Securities Index. It was launched on Dec 15, 2006. 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 RWX 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: RWX or VNQ.
Key characteristics
| RWX | VNQ | |
|---|---|---|
| YTD Return | -8.70% | 10.24% |
| 1Y Return | 0.83% | 24.63% |
| 3Y Return (Ann) | -8.95% | -0.98% |
| 5Y Return (Ann) | -4.96% | 4.31% |
| 10Y Return (Ann) | -0.93% | 6.08% |
| Sharpe Ratio | 0.34 | 1.85 |
| Sortino Ratio | 0.60 | 2.65 |
| Omega Ratio | 1.07 | 1.33 |
| Calmar Ratio | 0.18 | 1.17 |
| Martin Ratio | 0.85 | 7.06 |
| Ulcer Index | 6.04% | 4.47% |
| Daily Std Dev | 15.05% | 17.09% |
| Max Drawdown | -73.57% | -73.07% |
| Current Drawdown | -27.35% | -9.06% |
Correlation
The correlation between RWX and VNQ is 0.61, 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.
Performance
RWX vs. VNQ - Performance Comparison
In the year-to-date period, RWX achieves a -8.70% return, which is significantly lower than VNQ's 10.24% return. Over the past 10 years, RWX has underperformed VNQ with an annualized return of -0.93%, 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.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RWX vs. VNQ - Expense Ratio Comparison
RWX has a 0.59% expense ratio, which is higher than VNQ's 0.12% expense ratio.
Risk-Adjusted Performance
RWX vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR DJ Wilshire International Real Estate ETF (RWX) 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
RWX vs. VNQ - Dividend Comparison
RWX's dividend yield for the trailing twelve months is around 3.75%, less than VNQ's 3.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWX SPDR DJ Wilshire International Real Estate ETF | 3.75% | 3.90% | 4.05% | 4.62% | 2.92% | 8.94% | 5.28% | 2.77% | 8.74% | 2.94% | 3.43% | 4.54% |
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
RWX vs. VNQ - Drawdown Comparison
The maximum RWX drawdown since its inception was -73.57%, roughly equal to the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for RWX and VNQ. For additional features, visit the drawdowns tool.
Volatility
RWX vs. VNQ - Volatility Comparison
The current volatility for SPDR DJ Wilshire International Real Estate ETF (RWX) is 4.15%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.25%. This indicates that RWX experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.