SPRE vs. ^DWRSF

Last updated Apr 2, 2026

Compare and contrast key facts about SP Funds S&P Global REIT Sharia ETF (SPRE) and Dow Jones U.S. Select Real Estate Securities Index (^DWRSF).

SPRE is a passively managed fund by Toroso Investments that tracks the performance of the S&P Global All Equity REIT Shariah Capped Index. It was launched on Dec 30, 2020.

Performance

SPRE vs. ^DWRSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global REIT Sharia ETF (SPRE) and Dow Jones U.S. Select Real Estate Securities Index (^DWRSF). The values are adjusted to include any dividend payments, if applicable.

SPRE vs. ^DWRSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SPRE SP Funds S&P Global REIT Sharia ETF	2.19%	3.07%	2.11%	9.40%	-29.48%	44.78%	0.73%
^DWRSF Dow Jones U.S. Select Real Estate Securities Index	4.33%	-0.33%	3.98%	9.40%	-28.59%	41.64%	0.87%

Returns By Period

In the year-to-date period, SPRE achieves a 2.19% return, which is significantly lower than ^DWRSF's 4.33% return.

SPRE

• 1D: 1.12%
• 1M: -5.39%
• YTD: 2.19%
• 6M: 3.45%
• 1Y: 5.19%
• 3Y*: 4.08%
• 5Y*: 2.63%
• 10Y*: —

^DWRSF

• 1D: 0.67%
• 1M: -6.07%
• YTD: 4.33%
• 6M: 2.42%
• 1Y: 3.85%
• 3Y*: 5.15%
• 5Y*: 1.41%
• 10Y*: —

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

Return for Risk

SPRE vs. ^DWRSF — Risk / Return Rank

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

SPRE

SPRE Risk / Return Rank: 20
SPRE Sharpe Ratio Rank: 19
SPRE Sortino Ratio Rank: 19
SPRE Omega Ratio Rank: 19
SPRE Calmar Ratio Rank: 21
SPRE Martin Ratio Rank: 23

^DWRSF

^DWRSF Risk / Return Rank: 25
^DWRSF Sharpe Ratio Rank: 24
^DWRSF Sortino Ratio Rank: 22
^DWRSF Omega Ratio Rank: 23
^DWRSF Calmar Ratio Rank: 25
^DWRSF Martin Ratio Rank: 29

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.

SPRE vs. ^DWRSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global REIT Sharia ETF (SPRE) and Dow Jones U.S. Select Real Estate Securities Index (^DWRSF). 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.

	SPRE	^DWRSF	Difference
Sharpe ratio Return per unit of total volatility	0.31	0.23	+0.08
Sortino ratio Return per unit of downside risk	0.53	0.43	+0.10
Omega ratio Gain probability vs. loss probability	1.07	1.06	+0.01
Calmar ratio Return relative to maximum drawdown	0.41	0.34	+0.07
Martin ratio Return relative to average drawdown	1.63	1.36	+0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPRE vs. ^DWRSF - Sharpe Ratio Comparison

The current SPRE Sharpe Ratio is 0.31, which is higher than the ^DWRSF Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of SPRE and ^DWRSF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPRE	^DWRSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	0.23	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.07	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.12	+0.08

Correlation

The correlation between SPRE and ^DWRSF is 0.91, 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.

Drawdowns

SPRE vs. ^DWRSF - Drawdown Comparison

The maximum SPRE drawdown since its inception was -38.34%, smaller than the maximum ^DWRSF drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for SPRE and ^DWRSF.

Drawdown Indicators

	SPRE	^DWRSF	Difference
Max Drawdown Largest peak-to-trough decline	-38.34%	-44.52%	+6.18%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-13.33%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	-38.34%	-36.72%	-1.62%
Current Drawdown Current decline from peak	-17.03%	-15.54%	-1.49%
Average Drawdown Average peak-to-trough decline	-18.12%	-15.19%	-2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	3.32%	+0.20%

Volatility

SPRE vs. ^DWRSF - Volatility Comparison

SP Funds S&P Global REIT Sharia ETF (SPRE) has a higher volatility of 4.85% compared to Dow Jones U.S. Select Real Estate Securities Index (^DWRSF) at 4.39%. This indicates that SPRE's price experiences larger fluctuations and is considered to be riskier than ^DWRSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPRE	^DWRSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	4.39%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	9.20%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	16.67%	17.02%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.69%	19.08%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	23.21%	-4.68%