WPS vs. REIT

Last updated Jun 4, 2026

WPS (iShares International Developed Property ETF) and REIT (ALPS Active REIT ETF) are both REIT funds. WPS is passively managed, while REIT is actively managed. At a 0.50 correlation, their price movements are largely independent. WPS charges 0.48%/yr vs 0.68%/yr for REIT.

Performance

WPS vs. REIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Developed Property ETF (WPS) and ALPS Active REIT ETF (REIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WPS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

REIT

• 1D: 0.05%
• 1M: 0.26%
• YTD: 12.80%
• 6M: 12.21%
• 1Y: 13.48%
• 3Y*: 10.38%
• 5Y*: 4.37%
• 10Y*: —

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

WPS vs. REIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WPS iShares International Developed Property ETF	0.00%	0.00%	-3.59%	7.43%	-24.74%	8.32%
REIT ALPS Active REIT ETF	12.80%	-0.55%	7.11%	13.74%	-21.23%	33.56%

Correlation

The correlation between WPS and REIT is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Mar 1, 2021	0.50

The correlation between WPS and REIT shifts across timeframes, from 0.39 (3 years) to 0.51 (5 years), reflecting how their relationship changes across market environments.

WPS vs. REIT - Sectors Allocation Comparison

Sectors	WPS	REIT
Real Estate	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Technology	-	-
Utilities	-	-

Return for Risk

WPS vs. REIT — Risk / Return Rank

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

REIT

REIT Risk / Return Rank: 31
REIT Sharpe Ratio Rank: 29
REIT Sortino Ratio Rank: 27
REIT Omega Ratio Rank: 27
REIT Calmar Ratio Rank: 37
REIT Martin Ratio Rank: 35

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.

WPS vs. REIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Developed Property ETF (WPS) and ALPS Active REIT ETF (REIT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WPS	REIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Drawdowns

Drawdown Indicators

	WPS	REIT	Difference
Max Drawdown Largest peak-to-trough decline	—	-29.30%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.30%	—
Current Drawdown Current decline from peak	—	-2.65%	—
Average Drawdown Average peak-to-trough decline	—	-10.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.53%	—

Volatility

Volatility by Period

	WPS	REIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.78%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.45%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.38%	—

WPS vs. REIT - Expense Ratio Comparison

WPS has a 0.48% expense ratio, which is lower than REIT's 0.68% expense ratio.

Dividends

WPS vs. REIT - Dividend Comparison

WPS has not paid dividends to shareholders, while REIT's dividend yield for the trailing twelve months is around 2.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REIT ALPS Active REIT ETF	2.80%	3.20%	3.06%	3.13%	2.81%	4.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WPS iShares International Developed Property ETF	0.00%	0.00%	2.48%	2.38%	2.63%	4.36%	2.31%	6.81%	4.45%	4.31%	5.73%	3.20%

Frequently Asked Questions

Can I hold both WPS and REIT in my portfolio?

WPS and REIT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WPS or REIT?

On fees, WPS is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WPS or REIT?

WPS is cheaper with a 0.48% expense ratio, compared with 0.68% for REIT.

Which ETF pays a higher dividend yield, WPS or REIT?

REIT has the higher dividend yield at 2.80%, compared with 0.00% for WPS.

What is the main difference between WPS and REIT?

They also come from different issuers: iShares and ALPS. Their fees differ too: 0.48% for WPS and 0.68% for REIT.