VGSR vs. REAI

Last updated Jun 4, 2026

VGSR (Vert Global Sustainable Real Estate ETF) and REAI (Intelligent Real Estate ETF) are both REIT funds. Both are actively managed. Over the past year, VGSR returned 10.24% vs 13.25% for REAI. Their correlation of 0.81 suggests significant overlap in exposure. VGSR charges 0.45%/yr vs 0.59%/yr for REAI.

Performance

VGSR vs. REAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vert Global Sustainable Real Estate ETF (VGSR) and Intelligent Real Estate ETF (REAI). 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 lower than REAI's 13.24% return.

VGSR

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

REAI

• 1D: -0.80%
• 1M: -0.84%
• YTD: 13.24%
• 6M: 13.01%
• 1Y: 13.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGSR vs. REAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VGSR Vert Global Sustainable Real Estate ETF	7.94%	6.31%	5.59%	7.01%
REAI Intelligent Real Estate ETF	13.24%	-6.08%	8.00%	6.42%

Correlation

The correlation between VGSR and REAI is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 5, 2023	0.81

The correlation between VGSR and REAI has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.

Return for Risk

VGSR vs. REAI — 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

REAI

REAI Risk / Return Rank: 25
REAI Sharpe Ratio Rank: 25
REAI Sortino Ratio Rank: 24
REAI Omega Ratio Rank: 24
REAI Calmar Ratio Rank: 26
REAI Martin Ratio Rank: 24

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. REAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vert Global Sustainable Real Estate ETF (VGSR) and Intelligent Real Estate ETF (REAI). 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	REAI	Difference
Sharpe ratio: Return per unit of total volatility	0.81	0.86	-0.06
Sortino ratio: Return per unit of downside risk	1.19	1.26	-0.07
Omega ratio: Gain probability vs. loss probability	1.15	1.16	-0.01
Calmar ratio: Return relative to maximum drawdown	1.06	1.20	-0.14
Martin ratio: Return relative to average drawdown	3.51	3.08	+0.43
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. REAI - Sharpe Ratio Comparison

The current VGSR Sharpe Ratio is 0.81, which is comparable to the REAI Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of VGSR and REAI, 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	REAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	0.86	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.29	+0.44

Drawdowns

VGSR vs. REAI - Drawdown Comparison

The maximum VGSR drawdown since its inception was -18.33%, smaller than the maximum REAI drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for VGSR and REAI.

Drawdown Indicators

	VGSR	REAI	Difference
Max Drawdown Largest peak-to-trough decline	-18.33%	-22.29%	+3.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.74%	-11.08%	+1.34%
Current Drawdown Current decline from peak	-2.37%	-3.62%	+1.25%
Average Drawdown Average peak-to-trough decline	-3.96%	-7.30%	+3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	4.31%	-1.38%

Volatility

VGSR vs. REAI - Volatility Comparison

Vert Global Sustainable Real Estate ETF (VGSR) and Intelligent Real Estate ETF (REAI) have volatilities of 3.81% and 3.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGSR	REAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	3.87%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	10.47%	-0.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	15.39%	-2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	18.06%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	18.06%	-2.96%

VGSR vs. REAI - Expense Ratio Comparison

VGSR has a 0.45% expense ratio, which is lower than REAI's 0.59% expense ratio.

Dividends

VGSR vs. REAI - Dividend Comparison

VGSR's dividend yield for the trailing twelve months is around 3.47%, more than REAI's 3.27% yield.

Position	TTM	2025	2024	2023
REAI Intelligent Real Estate ETF	3.27%	4.52%	3.34%	1.99%
VGSR Vert Global Sustainable Real Estate ETF	3.47%	3.41%	3.79%	2.64%

Frequently Asked Questions

Can I hold both VGSR and REAI in my portfolio?

VGSR and REAI have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VGSR or REAI?

REAI has higher volatility (3.87%) compared to VGSR (3.81%). In terms of maximum drawdown, VGSR dropped -18.33% vs REAI's -22.29%.

Which ETF is better, VGSR or REAI?

On 1-year performance, REAI leads with 13.25% vs 10.24% for VGSR. On fees, VGSR is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VGSR or REAI?

Over the 1-year period, REAI has performed better with a 13.25% return vs 10.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VGSR or REAI?

VGSR is cheaper with a 0.45% expense ratio, compared with 0.59% for REAI.

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

VGSR has the higher dividend yield at 3.47%, compared with 3.27% for REAI.

What is the main difference between VGSR and REAI?

They also come from different issuers: Vert and Armada ETF Advisors. Their fees differ too: 0.45% for VGSR and 0.59% for REAI.

Which has better risk-adjusted returns?

REAI currently has the higher Sharpe Ratio (0.86 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.