SPRE vs. SRET
Compare and contrast key facts about SP Funds S&P Global REIT Sharia ETF (SPRE) and Global X SuperDividend REIT ETF (SRET).
SPRE and SRET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SRET is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend REIT Index. It was launched on Mar 17, 2015. Both SPRE and SRET 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: SPRE or SRET.
Performance
SPRE vs. SRET - Performance Comparison
Returns By Period
In the year-to-date period, SPRE achieves a 7.20% return, which is significantly higher than SRET's 1.87% return.
SPRE
7.20%
-1.26%
10.07%
21.38%
N/A
N/A
SRET
1.87%
-2.47%
8.61%
12.84%
-7.34%
N/A
Key characteristics
| SPRE | SRET | |
|---|---|---|
| Sharpe Ratio | 1.30 | 0.86 |
| Sortino Ratio | 1.89 | 1.27 |
| Omega Ratio | 1.23 | 1.16 |
| Calmar Ratio | 0.66 | 0.28 |
| Martin Ratio | 5.17 | 1.84 |
| Ulcer Index | 4.04% | 6.77% |
| Daily Std Dev | 16.09% | 14.46% |
| Max Drawdown | -38.34% | -66.98% |
| Current Drawdown | -17.31% | -35.97% |
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SPRE vs. SRET - Expense Ratio Comparison
SPRE has a 0.69% expense ratio, which is higher than SRET's 0.58% expense ratio.
Correlation
The correlation between SPRE and SRET is 0.71, 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.
Risk-Adjusted Performance
SPRE vs. SRET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global REIT Sharia ETF (SPRE) and Global X SuperDividend REIT ETF (SRET). 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
SPRE vs. SRET - Dividend Comparison
SPRE's dividend yield for the trailing twelve months is around 4.01%, less than SRET's 8.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPRE SP Funds S&P Global REIT Sharia ETF | 4.01% | 4.16% | 4.17% | 2.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SRET Global X SuperDividend REIT ETF | 8.06% | 7.21% | 8.30% | 6.33% | 8.92% | 7.77% | 8.53% | 8.23% | 7.22% | 7.76% |
Drawdowns
SPRE vs. SRET - Drawdown Comparison
The maximum SPRE drawdown since its inception was -38.34%, smaller than the maximum SRET drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for SPRE and SRET. For additional features, visit the drawdowns tool.
Volatility
SPRE vs. SRET - Volatility Comparison
SP Funds S&P Global REIT Sharia ETF (SPRE) has a higher volatility of 4.60% compared to Global X SuperDividend REIT ETF (SRET) at 3.48%. This indicates that SPRE's price experiences larger fluctuations and is considered to be riskier than SRET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.