NIE vs AVRE

Comparison between Virtus Equity & Convertible Income Fund (NIE, ETF) and AVANTIS REAL ESTATE ETF (AVRE, ETF).

5-Year PerformanceNIE has outperformed AVRE, delivering a return of +10.5% compared to +2.4%

NIE vs AVRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIE(ETF)	AVRE(ETF)
Net Assets	$808M	$803M
Expense Ratio	N/A	0.17%
Max Drawdown	63.84%	36.40%
Sharpe Ratio	1.67	0.64
5Y Beta	0.86	0.46
P/E Ratio	N/A	32.88
Forward P/E	N/A	36.34
5Y Dividends CAGR	10.69%	N/A
5Y EPS CAGR	N/A	10.68%
Debt to Equity	N/A	42.71%
P/S Ratio	N/A	8.62
P/B Ratio	N/A	2.95

Net Assets

Winner

NIE

$808M

AVRE

$803M

Expense Ratio

NIE

N/A

AVRE

0.17%

Max Drawdown

NIE

63.84%

Winner

AVRE

36.40%

Sharpe Ratio

Winner

NIE

1.67

AVRE

0.64

5Y Beta

NIE

0.86

Winner

AVRE

0.46

P/E Ratio

NIE

N/A

AVRE

32.88

Forward P/E

NIE

N/A

AVRE

36.34

5Y Dividends CAGR

NIE

10.69%

AVRE

N/A

5Y EPS CAGR

NIE

N/A

AVRE

10.68%

Debt to Equity

NIE

N/A

AVRE

42.71%

P/S Ratio

NIE

N/A

AVRE

8.62

P/B Ratio

NIE

N/A

AVRE

2.95

NIE vs AVRE - Historical Returns

Returns include dividend reinvestment.

Period	NIE	AVRE
1 month	+0.53%	-0.15%
3 months	+7.27%	+1.91%
6 months	+9.48%	+9.19%
1 year	+25.11%	+11.43%
5 years(CAGR)	+10.46%	+2.41%
10 years(CAGR)	+14.08%	N/A
Max(CAGR)	+9.43%	+2.41%

Winner

NIE

+0.53%

AVRE

-0.15%

Winner

NIE

+7.27%

AVRE

+1.91%

Winner

NIE

+9.48%

AVRE

+9.19%

Winner

NIE

+25.11%

AVRE

+11.43%

5Y(CAGR)

Winner

NIE

+10.46%

AVRE

+2.41%

10Y(CAGR)

NIE

+14.08%

AVRE

N/A

Max(CAGR)

Winner

NIE

+9.43%

AVRE

+2.41%

NIE vs AVRE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NIE	AVRE
2026	+7.91%	+8.63%
2025	+15.68%	+9.20%
2024	+30.10%	+0.27%
2023	+25.76%	+8.83%
2022	-27.06%	-23.13%
2021	+19.62%	+13.16%
2020	+32.12%	N/A
2019	+29.25%	N/A
2018	-6.49%	N/A
2017	+21.91%	N/A
2016	+12.12%	N/A
2015	-5.39%	N/A
2014	+13.87%	N/A
2013	+23.03%	N/A
2012	+11.55%	N/A
2011	-9.28%	N/A
2010	+16.88%	N/A
2009	+39.29%	N/A
2008	-37.43%	N/A
2007	-4.09%	N/A

NIE vs AVRE Drawdown Comparison

The maximum drawdown for NIE was -57.98%, occurring on Nov 20, 2008. Recovery took 855 trading sessions.

The maximum drawdown for AVRE was -32.47%, occurring on Oct 25, 2023. Recovery took 1076 trading sessions.

The current NIE drawdown is -2.62%. The current AVRE drawdown is -1.54%.

Rank	NIE	AVRE
#1	-57.98% Jun 18, 2007 - Nov 5, 2010	-32.47% Dec 31, 2021 - Apr 17, 2026
#2	-39.10% Feb 19, 2020 - Jul 14, 2020	-4.18% Nov 24, 2021 - Dec 8, 2021
#3	-30.98% Dec 28, 2021 - Mar 26, 2024	-3.04% May 6, 2026 - Jun 3, 2026
#4	-24.95% Aug 29, 2018 - Jul 19, 2019	-2.32% Apr 20, 2026 - May 6, 2026
#5	-24.08% Apr 6, 2011 - Jan 23, 2013	-1.35% Nov 3, 2021 - Nov 24, 2021
#6	-20.78% Jan 22, 2025 - Jul 21, 2025	-1.06% Dec 8, 2021 - Dec 15, 2021
#7	-18.12% Nov 26, 2014 - Jul 8, 2016	-0.97% Oct 28, 2021 - Nov 3, 2021
#8	-10.51% Jul 10, 2024 - Oct 8, 2024	-0.76% Dec 15, 2021 - Dec 22, 2021
#9	-9.62% Jan 26, 2018 - Jun 5, 2018	-0.73% Oct 7, 2021 - Oct 12, 2021
#10	-9.59% Feb 17, 2021 - Apr 13, 2021	-0.14% Oct 4, 2021 - Oct 6, 2021
#11	-9.02% Jan 12, 2026 - Apr 14, 2026	-0.07% Oct 15, 2021 - Oct 19, 2021
#12	-8.31% May 21, 2013 - Sep 18, 2013	-0.07% Dec 22, 2021 - Dec 27, 2021
#13	-8.17% Aug 23, 2016 - Dec 20, 2016	-0.01% Oct 26, 2021 - Oct 28, 2021
#14	-7.75% Sep 2, 2020 - Oct 12, 2020	N/A
#15	-7.01% Sep 18, 2014 - Oct 31, 2014	N/A

Correlation

Correlation between NIE and AVRE is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2007 - 2026)

NIE vs AVRE dividend yield comparison.

Year	NIE	AVRE
2026	1.89%	0.08%
2025	10.14%	4.30%
2024	8.11%	3.99%
2023	9.56%	3.33%
2022	21.81%	3.78%
2021	10.86%	0.61%
2020	5.37%	0.00%
2019	6.71%	0.00%
2018	8.20%	0.00%
2017	7.19%	0.00%
2016	8.25%	0.00%
2015	8.46%	0.00%
2014	6.38%	0.00%
2013	6.97%	0.00%
2012	6.73%	0.00%
2011	7.18%	0.00%
2010	6.15%	0.00%
2009	6.76%	0.00%
2008	19.06%	0.00%
2007	7.56%	0.00%