VRAI vs. BBRE

Last updated Jun 24, 2026

VRAI (Virtus Real Asset Income ETF) and BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) are both REIT funds - VRAI tracks the Indxx Real Asset Income Index while BBRE tracks the MSCI US REIT Index. Both are passively managed. Over the past 5 years, VRAI returned 5.71%/yr vs 5.12%/yr for BBRE. A 0.71 correlation means they provide meaningful diversification when combined. VRAI charges 0.55%/yr vs 0.11%/yr for BBRE.

Performance

VRAI vs. BBRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Real Asset Income ETF (VRAI) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VRAI achieves a 20.17% return, which is significantly higher than BBRE's 16.14% return.

VRAI

• 1D: 0.52%
• 1M: -1.36%
• YTD: 20.17%
• 6M: 20.99%
• 1Y: 22.60%
• 3Y*: 12.35%
• 5Y*: 5.71%
• 10Y*: —

BBRE

• 1D: 0.74%
• 1M: 1.26%
• YTD: 16.14%
• 6M: 16.77%
• 1Y: 16.90%
• 3Y*: 13.41%
• 5Y*: 5.12%
• 10Y*: —

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

VRAI vs. BBRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VRAI Virtus Real Asset Income ETF	20.17%	6.67%	2.66%	6.12%	-9.96%	24.35%	-5.94%	6.05%
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	16.14%	2.09%	8.24%	13.85%	-24.68%	42.99%	-7.55%	11.30%

Correlation

The correlation between VRAI and BBRE is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019	0.71

The correlation between VRAI and BBRE shifts across timeframes, from 0.59 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VRAI vs. BBRE — Risk / Return Rank

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

VRAI

VRAI Risk / Return Rank: 70
VRAI Sharpe Ratio Rank: 61
VRAI Sortino Ratio Rank: 63
VRAI Omega Ratio Rank: 57
VRAI Calmar Ratio Rank: 88
VRAI Martin Ratio Rank: 79

BBRE

BBRE Risk / Return Rank: 38
BBRE Sharpe Ratio Rank: 36
BBRE Sortino Ratio Rank: 34
BBRE Omega Ratio Rank: 33
BBRE Calmar Ratio Rank: 44
BBRE Martin Ratio Rank: 43

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.

VRAI vs. BBRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Real Asset Income ETF (VRAI) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VRAI	BBRE	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.22	+0.68
Sortino ratio: Return per unit of downside risk	2.71	1.70	+1.00
Omega ratio: Gain probability vs. loss probability	1.33	1.21	+0.11
Calmar ratio: Return relative to maximum drawdown	4.71	2.10	+2.61
Martin ratio: Return relative to average drawdown	14.54	6.60	+7.94

VRAI vs. BBRE - Sharpe Ratio Comparison

The current VRAI Sharpe Ratio is 1.90, which is higher than the BBRE Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of VRAI and BBRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VRAI vs. BBRE - Drawdown Comparison

The maximum VRAI drawdown since its inception was -47.51%, which is greater than BBRE's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for VRAI and BBRE.

Drawdown Indicators

	VRAI	BBRE	Difference
Max Drawdown Largest peak-to-trough decline	-47.51%	-43.61%	-3.90%
Max Drawdown (1Y) Largest decline over 1 year	-4.82%	-8.07%	+3.25%
Max Drawdown (3Y) Largest decline over 3 years	-16.89%	-18.92%	+2.03%
Max Drawdown (5Y) Largest decline over 5 years	-26.71%	-31.15%	+4.44%
Current Drawdown Current decline from peak	-2.34%	-0.91%	-1.43%
Average Drawdown Average peak-to-trough decline	-10.03%	-10.46%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	2.57%	-1.01%

Volatility

VRAI vs. BBRE - Volatility Comparison

The current volatility for Virtus Real Asset Income ETF (VRAI) is 3.28%, while JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has a volatility of 5.19%. This indicates that VRAI experiences smaller price fluctuations and is considered to be less risky than BBRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRAI	BBRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	5.19%	-1.91%
Volatility (6M) Calculated over the trailing 6-month period	8.29%	10.23%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	13.98%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.61%	18.81%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.07%	22.54%	-0.47%

VRAI vs. BBRE - Expense Ratio Comparison

VRAI has a 0.55% expense ratio, which is higher than BBRE's 0.11% expense ratio.

Dividends

VRAI vs. BBRE - Dividend Comparison

VRAI's dividend yield for the trailing twelve months is around 2.92%, more than BBRE's 2.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	2.70%	3.24%	3.19%	3.68%	2.62%	1.70%	3.17%	2.19%	1.96%
VRAI Virtus Real Asset Income ETF	2.92%	4.68%	7.13%	5.02%	4.48%	3.34%	3.91%	2.80%	0.00%

Frequently Asked Questions

Can I hold both VRAI and BBRE in my portfolio?

VRAI and BBRE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VRAI or BBRE?

BBRE has higher volatility (5.19%) compared to VRAI (3.28%). In terms of maximum drawdown, VRAI dropped -47.51% vs BBRE's -43.61%.

Which ETF is better, VRAI or BBRE?

On 5-year performance, VRAI leads with 5.71% vs 5.12% for BBRE. On fees, BBRE is cheaper at 0.11% per year. On volatility, VRAI has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VRAI or BBRE?

Over the 5-year period, VRAI has performed better with a 5.71% return vs 5.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VRAI or BBRE?

BBRE is cheaper with a 0.11% expense ratio, compared with 0.55% for VRAI.

Which ETF pays a higher dividend yield, VRAI or BBRE?

VRAI has the higher dividend yield at 2.92%, compared with 2.70% for BBRE.

What is the main difference between VRAI and BBRE?

VRAI tracks Indxx Real Asset Income Index, while BBRE tracks MSCI US REIT Index. They also come from different issuers: Virtus Investment Partners and JPMorgan. Their fees differ too: 0.55% for VRAI and 0.11% for BBRE.

Which has better risk-adjusted returns?

VRAI currently has the higher Sharpe Ratio (1.90 vs 1.22), 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.