WNEW.L vs. GLRA.L
Compare and contrast key facts about WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) and SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L).
WNEW.L and GLRA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WNEW.L is a passively managed fund by WisdomTree that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Feb 7, 2022. GLRA.L is a passively managed fund by State Street that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 16, 2019. Both WNEW.L and GLRA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WNEW.L vs. GLRA.L - Performance Comparison
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WNEW.L vs. GLRA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.53% | 23.24% | -3.45% | 6.97% | -13.16% |
GLRA.L SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap | 3.48% | 2.20% | 0.98% | 5.83% | -11.44% |
Different Trading Currencies
WNEW.L is traded in GBp, while GLRA.L is traded in USD. To make them comparable, the GLRA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WNEW.L achieves a 1.53% return, which is significantly lower than GLRA.L's 3.48% return.
WNEW.L
- 1D
- 0.18%
- 1M
- -8.09%
- YTD
- 1.53%
- 6M
- -2.04%
- 1Y
- 27.53%
- 3Y*
- 9.17%
- 5Y*
- —
- 10Y*
- —
GLRA.L
- 1D
- 1.26%
- 1M
- -5.30%
- YTD
- 3.48%
- 6M
- 3.79%
- 1Y
- 5.67%
- 3Y*
- 4.71%
- 5Y*
- 3.16%
- 10Y*
- —
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WNEW.L vs. GLRA.L - Expense Ratio Comparison
WNEW.L has a 0.45% expense ratio, which is higher than GLRA.L's 0.40% expense ratio.
Return for Risk
WNEW.L vs. GLRA.L — Risk / Return Rank
WNEW.L
GLRA.L
WNEW.L vs. GLRA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) and SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L). 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.
| WNEW.L | GLRA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 0.37 | +1.06 |
Sortino ratioReturn per unit of downside risk | 2.00 | 0.60 | +1.40 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.16 | 0.74 | +1.42 |
Martin ratioReturn relative to average drawdown | 5.39 | 2.36 | +3.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WNEW.L | GLRA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 0.37 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.03 | +0.14 |
Correlation
The correlation between WNEW.L and GLRA.L is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
WNEW.L vs. GLRA.L - Dividend Comparison
WNEW.L's dividend yield for the trailing twelve months is around 1.57%, while GLRA.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.57% | 1.70% | 1.83% | 1.23% | 0.72% |
GLRA.L SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WNEW.L vs. GLRA.L - Drawdown Comparison
The maximum WNEW.L drawdown since its inception was -29.88%, smaller than the maximum GLRA.L drawdown of -34.16%. Use the drawdown chart below to compare losses from any high point for WNEW.L and GLRA.L.
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Drawdown Indicators
| WNEW.L | GLRA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.88% | -38.24% | +8.36% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -11.74% | -1.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.18% | — |
Current DrawdownCurrent decline from peak | -9.55% | -8.24% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -15.41% | +0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 2.59% | +2.52% |
Volatility
WNEW.L vs. GLRA.L - Volatility Comparison
WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) and SPDR® Dow Jones Global Real Estate UCITS ETF USD Cap (GLRA.L) have volatilities of 5.99% and 5.92%, 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.
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Volatility by Period
| WNEW.L | GLRA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 5.92% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.62% | 10.02% | +3.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.78% | 15.32% | +4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 15.80% | +1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 20.83% | -3.92% |