VGSR vs. AVRE

Last updated Jun 4, 2026

VGSR (Vert Global Sustainable Real Estate ETF) and AVRE (Avantis Real Estate ETF) are both REIT funds. Both are actively managed. Over the past year, VGSR returned 10.24% vs 9.59% for AVRE. Their correlation of 0.92 suggests significant overlap in exposure. VGSR charges 0.45%/yr vs 0.17%/yr for AVRE.

Performance

VGSR vs. AVRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vert Global Sustainable Real Estate ETF (VGSR) and Avantis Real Estate ETF (AVRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGSR achieves a 7.94% return, which is significantly higher than AVRE's 7.23% return.

VGSR

• 1D: -0.31%
• 1M: 0.03%
• YTD: 7.94%
• 6M: 8.11%
• 1Y: 10.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVRE

• 1D: -0.30%
• 1M: -1.25%
• YTD: 7.23%
• 6M: 6.93%
• 1Y: 9.59%
• 3Y*: 8.26%
• 5Y*: —
• 10Y*: —

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

VGSR vs. AVRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VGSR Vert Global Sustainable Real Estate ETF	7.94%	6.31%	5.59%	7.01%
AVRE Avantis Real Estate ETF	7.23%	8.34%	0.54%	6.12%

Correlation

The correlation between VGSR and AVRE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Dec 5, 2023	0.92

The correlation between VGSR and AVRE has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

VGSR vs. AVRE — Risk / Return Rank

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

VGSR

VGSR Risk / Return Rank: 23
VGSR Sharpe Ratio Rank: 23
VGSR Sortino Ratio Rank: 22
VGSR Omega Ratio Rank: 22
VGSR Calmar Ratio Rank: 23
VGSR Martin Ratio Rank: 26

AVRE

AVRE Risk / Return Rank: 23
AVRE Sharpe Ratio Rank: 23
AVRE Sortino Ratio Rank: 22
AVRE Omega Ratio Rank: 22
AVRE Calmar Ratio Rank: 22
AVRE Martin Ratio Rank: 27

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.

VGSR vs. AVRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vert Global Sustainable Real Estate ETF (VGSR) and Avantis Real Estate ETF (AVRE). 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.

	VGSR	AVRE	Difference
Sharpe ratio: Return per unit of total volatility	0.81	0.81	0.00
Sortino ratio: Return per unit of downside risk	1.19	1.18	+0.01
Omega ratio: Gain probability vs. loss probability	1.15	1.15	0.00
Calmar ratio: Return relative to maximum drawdown	1.06	1.03	+0.03
Martin ratio: Return relative to average drawdown	3.51	3.74	-0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGSR vs. AVRE - Sharpe Ratio Comparison

The current VGSR Sharpe Ratio is 0.81, which is comparable to the AVRE Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of VGSR and AVRE, 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

	VGSR	AVRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	0.81	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.13	+0.61

Drawdowns

VGSR vs. AVRE - Drawdown Comparison

The maximum VGSR drawdown since its inception was -18.33%, smaller than the maximum AVRE drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for VGSR and AVRE.

Drawdown Indicators

	VGSR	AVRE	Difference
Max Drawdown Largest peak-to-trough decline	-18.33%	-32.52%	+14.19%
Max Drawdown (1Y) Largest decline over 1 year	-9.74%	-9.38%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.34%	—
Current Drawdown Current decline from peak	-2.37%	-3.04%	+0.67%
Average Drawdown Average peak-to-trough decline	-3.96%	-14.76%	+10.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.57%	+0.36%

Volatility

VGSR vs. AVRE - Volatility Comparison

Vert Global Sustainable Real Estate ETF (VGSR) has a higher volatility of 3.81% compared to Avantis Real Estate ETF (AVRE) at 3.45%. This indicates that VGSR's price experiences larger fluctuations and is considered to be riskier than AVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGSR	AVRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	3.45%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	8.96%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	11.90%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	16.60%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	16.60%	-1.50%

VGSR vs. AVRE - Expense Ratio Comparison

VGSR has a 0.45% expense ratio, which is higher than AVRE's 0.17% expense ratio.

Dividends

VGSR vs. AVRE - Dividend Comparison

VGSR's dividend yield for the trailing twelve months is around 3.47%, less than AVRE's 3.51% yield.

Position	TTM	2025	2024	2023	2022	2021
AVRE Avantis Real Estate ETF	3.51%	4.30%	3.99%	3.33%	3.78%	0.61%
VGSR Vert Global Sustainable Real Estate ETF	3.47%	3.41%	3.79%	2.64%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VGSR and AVRE in my portfolio?

With a correlation of 0.91, VGSR and AVRE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VGSR or AVRE?

VGSR has higher volatility (3.81%) compared to AVRE (3.45%). In terms of maximum drawdown, VGSR dropped -18.33% vs AVRE's -32.52%.

Which ETF is better, VGSR or AVRE?

On 1-year performance, VGSR leads with 10.24% vs 9.59% for AVRE. On fees, AVRE is cheaper at 0.17% per year. On volatility, AVRE has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VGSR or AVRE?

Over the 1-year period, VGSR has performed better with a 10.24% return vs 9.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VGSR or AVRE?

AVRE is cheaper with a 0.17% expense ratio, compared with 0.45% for VGSR.

Which ETF pays a higher dividend yield, VGSR or AVRE?

AVRE has the higher dividend yield at 3.51%, compared with 3.47% for VGSR.

What is the main difference between VGSR and AVRE?

They also come from different issuers: Vert and Avantis. Their fees differ too: 0.45% for VGSR and 0.17% for AVRE.

Which has better risk-adjusted returns?

AVRE currently has the higher Sharpe Ratio (0.81 vs 0.81), 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.