PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios

VNQI vs. REET

Last updated Sep 30, 2023

Compare and contrast key facts about Vanguard Global ex-U.S. Real Estate ETF (VNQI) and iShares Global REIT ETF (REET).

VNQI and REET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VNQI is a passively managed fund by Vanguard that tracks the performance of the S&P Global ex-U.S. Property Index. It was launched on Nov 1, 2010. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014. Both VNQI and REET 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: VNQI or REET.

Key characteristics


VNQIREET
YTD Return-5.83%-4.40%
1Y Return4.44%3.73%
5Y Return (Ann)-3.65%0.08%
10Y Return (Ann)0.06%2.19%
Sharpe Ratio0.140.07
Daily Std Dev17.21%19.32%
Max Drawdown-38.35%-44.59%

Correlation

0.70
-1.001.00

The correlation between VNQI and REET is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

VNQI vs. REET - Performance Comparison

In the year-to-date period, VNQI achieves a -5.83% return, which is significantly lower than REET's -4.40% return. Over the past 10 years, VNQI has underperformed REET with an annualized return of 0.06%, while REET has yielded a comparatively higher 2.19% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%MayJuneJulyAugustSeptember
-5.09%
-5.70%
VNQI
REET

Compare stocks, funds, or ETFs


Vanguard Global ex-U.S. Real Estate ETF

iShares Global REIT ETF

VNQI vs. REET - Dividend Comparison

VNQI's dividend yield for the trailing twelve months is around 0.60%, less than REET's 2.60% yield.


TTM20222021202020192018201720162015201420132012
VNQI
Vanguard Global ex-U.S. Real Estate ETF
0.60%0.57%6.52%1.00%8.20%5.40%4.71%6.58%3.82%5.63%4.67%8.24%
REET
iShares Global REIT ETF
2.60%2.49%3.33%2.87%5.90%6.78%4.80%6.97%4.87%3.00%0.00%0.00%

VNQI vs. REET - Expense Ratio Comparison

VNQI has a 0.12% expense ratio, which is lower than REET's 0.14% expense ratio.

0.14%
0.00%2.15%
0.12%
0.00%2.15%

VNQI vs. REET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate ETF (VNQI) and iShares Global REIT ETF (REET). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
VNQI
Vanguard Global ex-U.S. Real Estate ETF
0.14
REET
iShares Global REIT ETF
0.07

VNQI vs. REET - Sharpe Ratio Comparison

The current VNQI Sharpe Ratio is 0.14, which is higher than the REET Sharpe Ratio of 0.07. The chart below compares the 12-month rolling Sharpe Ratio of VNQI and REET.


Rolling 12-month Sharpe Ratio-1.00-0.500.00MayJuneJulyAugustSeptember
0.14
0.07
VNQI
REET

VNQI vs. REET - Drawdown Comparison

The maximum VNQI drawdown for the period was -31.86%, roughly equal to the maximum REET drawdown of -28.40%. The drawdown chart below compares losses from any high point along the way for VNQI and REET


-32.00%-30.00%-28.00%-26.00%-24.00%-22.00%-20.00%-18.00%MayJuneJulyAugustSeptember
-31.38%
-27.45%
VNQI
REET

VNQI vs. REET - Volatility Comparison

The current volatility for Vanguard Global ex-U.S. Real Estate ETF (VNQI) is 3.11%, while iShares Global REIT ETF (REET) has a volatility of 4.46%. This indicates that VNQI experiences smaller price fluctuations and is considered to be less risky than REET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%MayJuneJulyAugustSeptember
3.11%
4.46%
VNQI
REET