DPRE vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricDPRESPYWinner
Expense Ratio0.59%0.09%
AUM$4M$789.1B
Dividend Yield0.25%1.01%
Holdings31505
YTD Return+5.25%+13.75%
1Y Return-+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)-15.3%
Max Drawdown-3.8%-56.5%
Fund FamilyVirtus Investment PartnersState Street Investment Management
CategoryEquityEquity
InceptionApr 15, 2026Jan 22, 1993

DPRE vs SPY Performance

Virtus Duff & Phelps Real Estate Income ETF (DPRE) is a ETF from Virtus Investment Partners and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, DPRE is up 5.25% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -3.8% for DPRE and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

DPRE charges 0.59% per year while SPY charges 0.09%. On a $10,000 position that is $59 vs $9 annually, a gap of $50 per year that compounds over a long holding period. On income, DPRE currently yields 0.25% against 1.01% for SPY.

Holdings Overlap

1.2%overlap

DPRE and SPY share 14 holdings out of 520 unique holdings combined, representing a 1.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DPREWeight in SPYDifference
WELL8.32%0.25%8.07%
PLD5.98%0.20%5.78%
EQIX4.37%0.15%4.22%
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IRMProProPro
DOCProProPro
EQRProProPro
UDRProProPro
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Frequently Asked Questions

Which is cheaper, DPRE or SPY?

DPRE has an expense ratio of 0.59% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $50 per year of difference.

What is the holdings overlap between DPRE and SPY?

DPRE and SPY share 14 common holdings with a 1.2% weight overlap. Combined, they hold 520 unique securities.

Which pays a higher dividend, DPRE or SPY?

DPRE yields 0.25% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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