SRS vs. WTRE
SRS (ProShares UltraShort Real Estate) and WTRE (WisdomTree New Economy Real Estate ETF) are both REIT funds - SRS tracks the Dow Jones U.S. Real Estate Index (-200%) while WTRE tracks the CenterSquare New Economy Real Estate Index. Both are passively managed. Over the past 10 years, SRS returned -16.94%/yr vs 3.82%/yr for WTRE. At a correlation of -0.64, they often move in opposite directions. SRS charges 0.95%/yr vs 0.58%/yr for WTRE.
Performance
SRS vs. WTRE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SRS achieves a -19.64% return, which is significantly lower than WTRE's 18.57% return. Over the past 10 years, SRS has underperformed WTRE with an annualized return of -16.94%, while WTRE has yielded a comparatively higher 3.82% annualized return.
SRS
- 1D
- -0.10%
- 1M
- -1.96%
- YTD
- -19.64%
- 6M
- -19.15%
- 1Y
- -11.91%
- 3Y*
- -15.72%
- 5Y*
- -6.69%
- 10Y*
- -16.94%
WTRE
- 1D
- -1.19%
- 1M
- -3.13%
- YTD
- 18.57%
- 6M
- 17.69%
- 1Y
- 32.94%
- 3Y*
- 18.57%
- 5Y*
- 1.15%
- 10Y*
- 3.82%
SRS vs. WTRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRS ProShares UltraShort Real Estate | -19.64% | -1.45% | -3.55% | -18.78% | 54.68% | -52.22% | -33.05% | -38.97% | 6.01% | -18.03% |
WTRE WisdomTree New Economy Real Estate ETF | 18.57% | 26.36% | -3.27% | 14.07% | -31.68% | 1.00% | -15.74% | 22.28% | -11.21% | 37.80% |
Correlation
The correlation between SRS and WTRE is -0.45, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2007 | -0.64 |
The correlation between SRS and WTRE shifts across timeframes, from -0.76 (5 years) to -0.45 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SRS vs. WTRE — Risk / Return Rank
SRS
WTRE
SRS vs. WTRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Real Estate (SRS) and WisdomTree New Economy Real Estate ETF (WTRE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SRS | WTRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.27 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 2.33 | -2.87 |
| Martin ratioReturn relative to average drawdown | -1.17 | 6.31 | -7.48 |
Loading charts...
Drawdowns
SRS vs. WTRE - Drawdown Comparison
The maximum SRS drawdown since its inception was -99.96%, which is greater than WTRE's maximum drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for SRS and WTRE.
Loading charts...
Drawdown Indicators
| SRS | WTRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -74.18% | -25.78% |
Max Drawdown (1Y)Largest decline over 1 year | -22.21% | -14.22% | -7.99% |
Max Drawdown (3Y)Largest decline over 3 years | -52.58% | -22.14% | -30.44% |
Max Drawdown (5Y)Largest decline over 5 years | -52.58% | -42.54% | -10.04% |
Max Drawdown (10Y)Largest decline over 10 years | -86.12% | -48.47% | -37.65% |
Current DrawdownCurrent decline from peak | -99.96% | -6.45% | -93.51% |
Average DrawdownAverage peak-to-trough decline | -91.23% | -24.92% | -66.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.23% | 5.23% | +5.00% |
Volatility
SRS vs. WTRE - Volatility Comparison
ProShares UltraShort Real Estate (SRS) has a higher volatility of 10.69% compared to WisdomTree New Economy Real Estate ETF (WTRE) at 5.84%. This indicates that SRS's price experiences larger fluctuations and is considered to be riskier than WTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SRS | WTRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 5.84% | +4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 21.28% | 16.08% | +5.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.37% | 20.72% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.73% | 19.40% | +18.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.77% | 18.43% | +22.34% |
SRS vs. WTRE - Expense Ratio Comparison
SRS has a 0.95% expense ratio, which is higher than WTRE's 0.58% expense ratio.
Dividends
SRS vs. WTRE - Dividend Comparison
SRS's dividend yield for the trailing twelve months is around 3.92%, more than WTRE's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRS ProShares UltraShort Real Estate | 3.92% | 3.61% | 6.06% | 4.49% | 0.30% | 0.00% | 0.19% | 1.80% | 0.47% | 0.00% | 0.00% | 0.00% |
WTRE WisdomTree New Economy Real Estate ETF | 2.05% | 2.33% | 2.69% | 2.05% | 1.68% | 6.47% | 2.96% | 7.88% | 4.49% | 6.34% | 5.96% | 4.58% |
Frequently Asked Questions
SRS and WTRE have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SRS has higher volatility (10.69%) compared to WTRE (5.84%). In terms of maximum drawdown, SRS dropped -99.96% vs WTRE's -74.18%.
On 10-year performance, WTRE leads with 3.82% vs -16.94% for SRS. On fees, WTRE is cheaper at 0.58% per year. On volatility, WTRE has been the lower-risk option at 5.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, WTRE has performed better with a 3.82% return vs -16.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTRE is cheaper with a 0.58% expense ratio, compared with 0.95% for SRS.
SRS has the higher dividend yield at 3.92%, compared with 2.05% for WTRE.
SRS tracks Dow Jones U.S. Real Estate Index (-200%), while WTRE tracks CenterSquare New Economy Real Estate Index. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for SRS and 0.58% for WTRE.
WTRE currently has the higher Sharpe Ratio (1.60 vs -0.42), 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.
Find the right allocation for SRS and WTRE
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