XREP.L vs. VNQ
Compare and contrast key facts about Invesco Real Estate S&P US Select Sector UCITS ETF GBP (XREP.L) and Vanguard Real Estate ETF (VNQ).
XREP.L and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XREP.L is a passively managed fund by Invesco that tracks the performance of the S&P Select Sector Capped 20% Real Estate Index. It was launched on Feb 17, 2016. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004. Both XREP.L and VNQ 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: XREP.L or VNQ.
Key characteristics
| XREP.L | VNQ | |
|---|---|---|
| YTD Return | 9.44% | 11.17% |
| 1Y Return | 25.97% | 31.56% |
| Sharpe Ratio | 1.78 | 1.92 |
| Sortino Ratio | 2.56 | 2.75 |
| Omega Ratio | 1.32 | 1.35 |
| Calmar Ratio | 1.81 | 1.06 |
| Martin Ratio | 6.79 | 7.36 |
| Ulcer Index | 3.89% | 4.46% |
| Daily Std Dev | 14.82% | 17.07% |
| Max Drawdown | -21.30% | -73.07% |
| Current Drawdown | -0.30% | -8.30% |
Correlation
The correlation between XREP.L and VNQ is 0.65, 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.
Performance
XREP.L vs. VNQ - Performance Comparison
In the year-to-date period, XREP.L achieves a 9.44% return, which is significantly lower than VNQ's 11.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XREP.L vs. VNQ - Expense Ratio Comparison
XREP.L has a 0.14% expense ratio, which is higher than VNQ's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XREP.L vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Real Estate S&P US Select Sector UCITS ETF GBP (XREP.L) and Vanguard Real Estate ETF (VNQ). 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.
Dividends
XREP.L vs. VNQ - Dividend Comparison
XREP.L has not paid dividends to shareholders, while VNQ's dividend yield for the trailing twelve months is around 3.82%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XREP.L Invesco Real Estate S&P US Select Sector UCITS ETF GBP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.82% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
XREP.L vs. VNQ - Drawdown Comparison
The maximum XREP.L drawdown since its inception was -21.30%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for XREP.L and VNQ. For additional features, visit the drawdowns tool.
Volatility
XREP.L vs. VNQ - Volatility Comparison
Invesco Real Estate S&P US Select Sector UCITS ETF GBP (XREP.L) has a higher volatility of 5.68% compared to Vanguard Real Estate ETF (VNQ) at 5.22%. This indicates that XREP.L's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.