TRET.AS vs. EPRA.L

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Global Real Estate UCITS ETF (TRET.AS) and Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L).

TRET.AS and EPRA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRET.AS 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. EPRA.L is a passively managed fund by Amundi that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Nov 11, 2016. Both TRET.AS and EPRA.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.

Performance

TRET.AS vs. EPRA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Global Real Estate UCITS ETF (TRET.AS) and Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L). The values are adjusted to include any dividend payments, if applicable.

TRET.AS vs. EPRA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRET.AS VanEck Global Real Estate UCITS ETF	2.51%	1.05%	8.21%	9.09%	-21.18%	40.50%	-14.55%	21.60%	0.17%	-0.60%
EPRA.L Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR	2.10%	-2.26%	6.20%	6.61%	-20.35%	36.15%	-16.77%	24.98%	-1.96%	-0.34%

Different Trading Currencies

TRET.AS is traded in EUR, while EPRA.L is traded in GBp. To make them comparable, the EPRA.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, TRET.AS achieves a 2.51% return, which is significantly higher than EPRA.L's 2.10% return.

TRET.AS

• 1D: -0.06%
• 1M: -6.84%
• YTD: 2.51%
• 6M: 3.03%
• 1Y: 2.50%
• 3Y*: 7.59%
• 5Y*: 4.06%
• 10Y*: 3.44%

EPRA.L

• 1D: -0.55%
• 1M: -7.33%
• YTD: 2.10%
• 6M: 1.99%
• 1Y: 1.89%
• 3Y*: 4.76%
• 5Y*: 1.94%
• 10Y*: —

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

TRET.AS vs. EPRA.L - Expense Ratio Comparison

TRET.AS has a 0.25% expense ratio, which is higher than EPRA.L's 0.10% 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%.

TRET.AS

VanEck Global Real Estate UCITS ETF

EPRA.L

Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR

Return for Risk

TRET.AS vs. EPRA.L — Risk / Return Rank

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

TRET.AS

TRET.AS Risk / Return Rank: 20
TRET.AS Sharpe Ratio Rank: 17
TRET.AS Sortino Ratio Rank: 16
TRET.AS Omega Ratio Rank: 15
TRET.AS Calmar Ratio Rank: 26
TRET.AS Martin Ratio Rank: 26

EPRA.L

EPRA.L Risk / Return Rank: 27
EPRA.L Sharpe Ratio Rank: 28
EPRA.L Sortino Ratio Rank: 26
EPRA.L Omega Ratio Rank: 26
EPRA.L Calmar Ratio Rank: 27
EPRA.L Martin Ratio Rank: 28

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.

TRET.AS vs. EPRA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Global Real Estate UCITS ETF (TRET.AS) and Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.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.

	TRET.AS	EPRA.L	Difference
Sharpe ratio Return per unit of total volatility	0.18	0.14	+0.04
Sortino ratio Return per unit of downside risk	0.33	0.27	+0.06
Omega ratio Gain probability vs. loss probability	1.04	1.04	0.00
Calmar ratio Return relative to maximum drawdown	0.60	0.11	+0.48
Martin ratio Return relative to average drawdown	1.88	0.40	+1.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRET.AS vs. EPRA.L - Sharpe Ratio Comparison

The current TRET.AS Sharpe Ratio is 0.18, which is higher than the EPRA.L Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of TRET.AS and EPRA.L, 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

	TRET.AS	EPRA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	0.14	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.14	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.15	-0.16

Correlation

The correlation between TRET.AS and EPRA.L is 0.89, 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.

Dividends

TRET.AS vs. EPRA.L - Dividend Comparison

TRET.AS's dividend yield for the trailing twelve months is around 3.49%, while EPRA.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRET.AS VanEck Global Real Estate UCITS ETF	3.49%	3.66%	3.41%	3.67%	4.68%	1.78%	4.43%	3.33%	4.31%	3.16%	3.13%	2.55%
EPRA.L Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TRET.AS vs. EPRA.L - Drawdown Comparison

The maximum TRET.AS drawdown since its inception was -99.19%, which is greater than EPRA.L's maximum drawdown of -42.22%. Use the drawdown chart below to compare losses from any high point for TRET.AS and EPRA.L.

Drawdown Indicators

	TRET.AS	EPRA.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.19%	-35.65%	-63.54%
Max Drawdown (1Y) Largest decline over 1 year	-12.40%	-10.15%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-30.50%	-26.59%	-3.91%
Max Drawdown (10Y) Largest decline over 10 years	-41.80%	—	—
Current Drawdown Current decline from peak	-97.93%	-7.67%	-90.26%
Average Drawdown Average peak-to-trough decline	-96.56%	-9.96%	-86.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.68%	-0.11%

Volatility

TRET.AS vs. EPRA.L - Volatility Comparison

VanEck Global Real Estate UCITS ETF (TRET.AS) has a higher volatility of 4.65% compared to Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) at 4.31%. This indicates that TRET.AS's price experiences larger fluctuations and is considered to be riskier than EPRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRET.AS	EPRA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	4.31%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	8.53%	7.80%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	13.74%	13.85%	-0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.81%	14.34%	+0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.26%	16.49%	-0.23%