Grow it · ETFs

REIT vs DJRE vs RCAP vs VAP

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing REIT, DJRE, RCAP, and VAP. REIT has the lowest management fee at 0.2% a year, VAP has the highest 10 years return at 5.1% a year, and REIT offers the highest at 4.76%.
Lowest fee
REIT 0.2% p.a.
Highest 10 years return
VAP 5.1% p.a.
Highest yield
REIT 4.76%
Highest risk-adjusted
VAP Sharpe 0.24 (10y)
Lowest volatility
DJRE 13.4% (10y)
Largest fund
VAP $2.8bn

Side-by-side comparison

Metric REIT
VanEck FTSE International Property (AUD Hedged) ETF
DJRE
State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF
RCAP
Resolution Capital Global Property Securities Fund - Active ETF
VAP
Vanguard Australian Property Securities Index ETF
Snapshot
Provider
VanEck
State Street
—
Vanguard
Tracks index
FTSE EPRA Nareit Developed ex Australia Rental Hedged into AUD Index
Dow Jones Global Select Real Estate Securities ESG Tilted Index
FTSE EPRA Nareit Developed Index
S&P/ASX 300 A-REIT Index
Categories
Intl, Thematic
Intl, Thematic, ESG, Market-Cap
Intl, Thematic, Active
AU, Thematic, Market-Cap
Listed since
2017 (9 yrs)
2013 (13 yrs)
2022 (4 yrs)
2010 (16 yrs)
Fund size (AUM)
$781m
$502m
—
$2.8bn
Cost & income
Management fee
0.2%
0.2%
0.8%
0.22%
Dividend yield
4.76%
2.88%
—
3.19%
Franking
0%
0%
0%
20%
Turnover
5%
15%
40%
8%
Tax drag 1.64% 1.28% 0.96% 1.03%
Returns
Tax bracket
1-year return
4.4%
net
-0.4%
net
—
-14.3%
net
3-year return
8.8%
net
7.4%
net
—
9.1%
net
5-year return
0.1%
net
1.9%
net
—
2.6%
net
10-year return
—
3.3%
net
—
5.1%
net
Risk
Volatility (3y)
14.7%
11.8%
—
18.9%
Volatility (5y)
16.9%
12.9%
—
20.7%
Volatility (10y)
—
13.4%
—
21.1%
Sharpe ratio (3y)
0.37
0.32
—
0.34
Sharpe ratio (5y)
—
0.12
—
0.2
Sharpe ratio (10y)
—
0.14
—
0.24
Bid/ask spread
—
—
—
—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

REIT VanEck FTSE International Property (AUD Hedged) ETF
  • Low-cost: a 0.2% management fee keeps more of the return in your pocket.
  • Pays a useful 4.76% income yield.
  • Has lagged most peers over 5 years (161st of 189).
DJRE State Street SPDR Dow Jones Global Real Estate ESG Tilted ETF
  • Low-cost: a 0.2% management fee keeps more of the return in your pocket.
  • Has lagged most peers over 10 years (86th of 110).
RCAP Resolution Capital Global Property Securities Fund - Active ETF
  • A 0.8% management fee is high and compounds against you over time.
VAP Vanguard Australian Property Securities Index ETF
  • Low-cost: a 0.22% management fee keeps more of the return in your pocket.
  • Has lagged most peers over 1 year (296th of 318).

Frequently Asked Questions

What's the difference between REIT vs DJRE vs RCAP vs VAP?

REIT, DJRE, RCAP, and VAP are 4 Australian-listed ETFs we compare side by side. REIT carries the lowest management fee (0.2%). Over 10 years, VAP has delivered the highest total return (5.1% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - REIT vs DJRE vs RCAP vs VAP?

REIT has the lowest management fee at 0.2% a year, versus DJRE 0.2%, RCAP 0.8%, and VAP 0.22%.

Which has performed highest - REIT vs DJRE vs RCAP vs VAP?

Over the past 10 years, VAP has delivered the highest total return at 5.1% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

REIT pays the highest at 4.76%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VAP is the largest fund by assets ($2.8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.

Please confirm?