TRET.L vs. WNEW.L

Last updated Jun 4, 2026

TRET.L (VanEck Global Real Estate UCITS ETF) and WNEW.L (WisdomTree New Economy Real Estate UCITS ETF USD Dist) are both REIT funds - TRET.L tracks the GPR Global 100 Index while WNEW.L tracks the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 3 years, TRET.L returned 10.72%/yr vs 20.11%/yr for WNEW.L. A 0.77 correlation means they provide meaningful diversification when combined. TRET.L charges 0.25%/yr vs 0.45%/yr for WNEW.L.

Performance

TRET.L vs. WNEW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Global Real Estate UCITS ETF (TRET.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, TRET.L achieves a 3.80% return, which is significantly lower than WNEW.L's 23.43% return.

TRET.L

• 1D: 0.29%
• 1M: -3.52%
• YTD: 3.80%
• 6M: 3.63%
• 1Y: 10.56%
• 3Y*: 10.72%
• 5Y*: 2.29%
• 10Y*: —

WNEW.L

• 1D: -0.63%
• 1M: 7.33%
• YTD: 23.43%
• 6M: 24.72%
• 1Y: 52.30%
• 3Y*: 20.11%
• 5Y*: —
• 10Y*: —

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

TRET.L vs. WNEW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TRET.L VanEck Global Real Estate UCITS ETF	3.80%	14.43%	1.05%	13.94%	-21.77%
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist	23.43%	32.54%	-5.06%	12.62%	-22.57%

Correlation

The correlation between TRET.L and WNEW.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022	0.77

Over the past year, the correlation between TRET.L and WNEW.L has dropped to 0.46 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

TRET.L vs. WNEW.L — Risk / Return Rank

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

TRET.L

TRET.L Risk / Return Rank: 25
TRET.L Sharpe Ratio Rank: 25
TRET.L Sortino Ratio Rank: 25
TRET.L Omega Ratio Rank: 24
TRET.L Calmar Ratio Rank: 23
TRET.L Martin Ratio Rank: 27

WNEW.L

WNEW.L Risk / Return Rank: 76
WNEW.L Sharpe Ratio Rank: 84
WNEW.L Sortino Ratio Rank: 81
WNEW.L Omega Ratio Rank: 75
WNEW.L Calmar Ratio Rank: 81
WNEW.L Martin Ratio Rank: 61

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.L vs. WNEW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Global Real Estate UCITS ETF (TRET.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.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.L	WNEW.L	Difference
Sharpe ratio: Return per unit of total volatility	0.85	2.53	-1.68
Sortino ratio: Return per unit of downside risk	1.29	3.46	-2.17
Omega ratio: Gain probability vs. loss probability	1.15	1.41	-0.26
Calmar ratio: Return relative to maximum drawdown	1.00	3.58	-2.57
Martin ratio: Return relative to average drawdown	3.53	10.08	-6.55
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.L vs. WNEW.L - Sharpe Ratio Comparison

The current TRET.L Sharpe Ratio is 0.85, which is lower than the WNEW.L Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of TRET.L and WNEW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRET.L	WNEW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	2.53	-1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.37	-0.16

Drawdowns

TRET.L vs. WNEW.L - Drawdown Comparison

The maximum TRET.L drawdown since its inception was -42.26%, which is greater than WNEW.L's maximum drawdown of -34.48%. Use the drawdown chart below to compare losses from any high point for TRET.L and WNEW.L.

Drawdown Indicators

	TRET.L	WNEW.L	Difference
Max Drawdown Largest peak-to-trough decline	-42.26%	-34.48%	-7.78%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-14.56%	+4.07%
Max Drawdown (3Y) Largest decline over 3 years	-16.92%	-22.76%	+5.84%
Max Drawdown (5Y) Largest decline over 5 years	-33.35%	—	—
Current Drawdown Current decline from peak	-6.09%	-1.46%	-4.63%
Average Drawdown Average peak-to-trough decline	-11.96%	-16.51%	+4.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	5.17%	-2.19%

Volatility

TRET.L vs. WNEW.L - Volatility Comparison

The current volatility for VanEck Global Real Estate UCITS ETF (TRET.L) is 4.02%, while WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) has a volatility of 7.74%. This indicates that TRET.L experiences smaller price fluctuations and is considered to be less risky than WNEW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRET.L	WNEW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	7.74%	-3.72%
Volatility (6M) Calculated over the trailing 6-month period	9.65%	14.95%	-5.30%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	20.60%	-8.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.82%	19.57%	-2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.18%	19.57%	-0.39%

TRET.L vs. WNEW.L - Expense Ratio Comparison

TRET.L has a 0.25% expense ratio, which is lower than WNEW.L's 0.45% expense ratio.

Dividends

TRET.L vs. WNEW.L - Dividend Comparison

TRET.L's dividend yield for the trailing twelve months is around 4.51%, more than WNEW.L's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TRET.L VanEck Global Real Estate UCITS ETF	4.51%	3.54%	3.56%	3.54%	4.56%	1.86%	4.18%	0.62%
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist	1.29%	1.70%	1.83%	1.23%	0.72%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TRET.L and WNEW.L in my portfolio?

TRET.L and WNEW.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRET.L or WNEW.L?

On fees, TRET.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRET.L or WNEW.L?

TRET.L is cheaper with a 0.25% expense ratio, compared with 0.45% for WNEW.L.

What is the main difference between TRET.L and WNEW.L?

TRET.L tracks GPR Global 100 Index, while WNEW.L tracks FTSE EPRA Nareit Global TR USD. They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.25% for TRET.L and 0.45% for WNEW.L.