TREG.L vs. HPRO.L
Compare and contrast key facts about VanEck Global Real Estate UCITS ETF (TREG.L) and HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L).
TREG.L and HPRO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TREG.L is a passively managed fund by VanEck that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Apr 14, 2011. HPRO.L is a passively managed fund by HSBC Investment Funds (Luxembourg) S.A. that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Jun 20, 2011. Both TREG.L and HPRO.L 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: TREG.L or HPRO.L.
Key characteristics
| TREG.L | HPRO.L | |
|---|---|---|
| YTD Return | 5.47% | 5.64% |
| 1Y Return | 24.32% | 24.34% |
| 3Y Return (Ann) | 53.77% | -0.81% |
| 5Y Return (Ann) | 30.91% | 0.30% |
| 10Y Return (Ann) | 15.17% | 5.37% |
| Sharpe Ratio | 1.78 | 1.98 |
| Sortino Ratio | 2.63 | 2.96 |
| Omega Ratio | 1.33 | 1.37 |
| Calmar Ratio | 0.94 | 1.02 |
| Martin Ratio | 7.61 | 7.50 |
| Ulcer Index | 3.36% | 3.40% |
| Daily Std Dev | 14.39% | 12.91% |
| Max Drawdown | -44.32% | -35.45% |
| Current Drawdown | -10.55% | -7.60% |
Correlation
The correlation between TREG.L and HPRO.L is 0.76, 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.
Performance
TREG.L vs. HPRO.L - Performance Comparison
The year-to-date returns for both investments are quite close, with TREG.L having a 5.47% return and HPRO.L slightly higher at 5.64%. Over the past 10 years, TREG.L has outperformed HPRO.L with an annualized return of 15.17%, while HPRO.L has yielded a comparatively lower 5.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TREG.L vs. HPRO.L - Expense Ratio Comparison
TREG.L has a 0.25% expense ratio, which is higher than HPRO.L's 0.24% 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%.
Risk-Adjusted Performance
TREG.L vs. HPRO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Global Real Estate UCITS ETF (TREG.L) and HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L). 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
TREG.L vs. HPRO.L - Dividend Comparison
TREG.L's dividend yield for the trailing twelve months is around 233.56%, more than HPRO.L's 3.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TREG.L VanEck Global Real Estate UCITS ETF | 233.56% | 258.75% | 147.22% | 44.99% | 4.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HPRO.L HSBC FTSE EPRA/NAREIT Developed UCITS ETF | 3.20% | 3.43% | 3.46% | 2.25% | 3.06% | 3.05% | 3.22% | 3.04% | 2.84% | 2.64% | 2.49% | 2.96% |
Drawdowns
TREG.L vs. HPRO.L - Drawdown Comparison
The maximum TREG.L drawdown since its inception was -44.32%, which is greater than HPRO.L's maximum drawdown of -35.45%. Use the drawdown chart below to compare losses from any high point for TREG.L and HPRO.L. For additional features, visit the drawdowns tool.
Volatility
TREG.L vs. HPRO.L - Volatility Comparison
VanEck Global Real Estate UCITS ETF (TREG.L) has a higher volatility of 2.89% compared to HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L) at 2.53%. This indicates that TREG.L's price experiences larger fluctuations and is considered to be riskier than HPRO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.