WDIV.AX vs. DJRE.AX

Last updated Jul 16, 2026

WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF) and DJRE.AX (State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF) are both exchange-traded funds - WDIV.AX is a Dividend fund tracking the SPDR Index, while DJRE.AX is a REIT fund tracking the Dow Jones Global Select ESG Tilted Real Estate Securities Index. Both are passively managed. Over the past 10 years, WDIV.AX returned 7.87%/yr vs 3.56%/yr for DJRE.AX. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

WDIV.AX vs. DJRE.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) and State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDIV.AX achieves a 6.44% return, which is significantly lower than DJRE.AX's 6.95% return. Over the past 10 years, WDIV.AX has outperformed DJRE.AX with an annualized return of 7.87%, while DJRE.AX has yielded a comparatively lower 3.56% annualized return.

WDIV.AX

• 1D: 0.47%
• 1M: 1.59%
• 6M: 5.52%
• YTD: 6.44%
• 1Y: 12.96%
• 3Y*: 15.59%
• 5Y*: 9.61%
• 10Y*: 7.87%

DJRE.AX

• 1D: 0.09%
• 1M: 1.75%
• 6M: 6.26%
• YTD: 6.95%
• 1Y: 9.62%
• 3Y*: 7.79%
• 5Y*: 2.92%
• 10Y*: 3.56%

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

WDIV.AX vs. DJRE.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF	6.44%	19.30%	15.11%	5.95%	-0.52%	20.51%	-17.75%	18.87%	1.84%	7.10%
DJRE.AX State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF	6.95%	2.61%	7.87%	11.14%	-20.36%	38.59%	-19.06%	18.19%	4.70%	-0.78%

Correlation

The correlation between WDIV.AX and DJRE.AX is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013	0.61

The correlation between WDIV.AX and DJRE.AX has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.

Return for Risk

WDIV.AX vs. DJRE.AX — Risk / Return Rank

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

WDIV.AX

WDIV.AX Risk / Return Rank: 41
WDIV.AX Sharpe Ratio Rank: 39
WDIV.AX Sortino Ratio Rank: 41
WDIV.AX Omega Ratio Rank: 44
WDIV.AX Calmar Ratio Rank: 41
WDIV.AX Martin Ratio Rank: 38

DJRE.AX

DJRE.AX Risk / Return Rank: 25
DJRE.AX Sharpe Ratio Rank: 25
DJRE.AX Sortino Ratio Rank: 23
DJRE.AX Omega Ratio Rank: 23
DJRE.AX Calmar Ratio Rank: 27
DJRE.AX Martin Ratio Rank: 26

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.

WDIV.AX vs. DJRE.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) and State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX). 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.

	WDIV.AX	DJRE.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.16	0.75	+0.41
Sortino ratio: Return per unit of downside risk	1.79	1.12	+0.67
Omega ratio: Gain probability vs. loss probability	1.24	1.14	+0.10
Calmar ratio: Return relative to maximum drawdown	1.72	1.15	+0.57
Martin ratio: Return relative to average drawdown	4.90	2.83	+2.07

WDIV.AX vs. DJRE.AX - Sharpe Ratio Comparison

The current WDIV.AX Sharpe Ratio is 1.16, which is higher than the DJRE.AX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of WDIV.AX and DJRE.AX, 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

WDIV.AX vs. DJRE.AX - Drawdown Comparison

The maximum WDIV.AX drawdown since its inception was -32.49%, smaller than the maximum DJRE.AX drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for WDIV.AX and DJRE.AX.

Drawdown Indicators

	WDIV.AX	DJRE.AX	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-35.10%	+2.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.29%	-8.85%	+1.56%
Max Drawdown (3Y) Largest decline over 3 years	-7.29%	-11.63%	+4.34%
Max Drawdown (5Y) Largest decline over 5 years	-10.93%	-24.27%	+13.34%
Max Drawdown (10Y) Largest decline over 10 years	-32.49%	-35.10%	+2.61%
Current Drawdown Current decline from peak	0.00%	-1.74%	+1.74%
Average Drawdown Average peak-to-trough decline	-5.10%	-8.53%	+3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	3.63%	-1.04%

Volatility

WDIV.AX vs. DJRE.AX - Volatility Comparison

The current volatility for SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) is 2.65%, while State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF (DJRE.AX) has a volatility of 4.72%. This indicates that WDIV.AX experiences smaller price fluctuations and is considered to be less risky than DJRE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDIV.AX	DJRE.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	4.72%	-2.07%
Volatility (6M) Calculated over the trailing 6-month period	7.21%	10.68%	-3.47%
Volatility (1Y) Calculated over the trailing 1-year period	10.81%	13.49%	-2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.22%	15.16%	-4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.00%	15.99%	-3.99%

Dividends

WDIV.AX vs. DJRE.AX - Dividend Comparison

WDIV.AX's dividend yield for the trailing twelve months is around 10.47%, more than DJRE.AX's 2.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJRE.AX State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF	2.69%	2.82%	1.70%	2.80%	6.57%	2.81%	2.62%	2.68%	4.20%	3.45%	3.22%	2.21%
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF	10.47%	7.31%	2.90%	4.72%	4.45%	4.11%	5.81%	4.95%	7.54%	3.96%	3.92%	8.97%

Frequently Asked Questions

Can I hold both WDIV.AX and DJRE.AX in my portfolio?

WDIV.AX and DJRE.AX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between WDIV.AX and DJRE.AX?

WDIV.AX is categorized as Dividend, while DJRE.AX is REIT. WDIV.AX tracks SPDR Index, while DJRE.AX tracks Dow Jones Global Select ESG Tilted Real Estate Securities Index.