REIT vs FLAX

Comparison between ALPS ACTIVE REIT ETF (REIT, ETF) and FRANKLIN FTSE ASIA EX JAPAN ETF (FLAX, ETF).

5-Year PerformanceFLAX has outperformed REIT, delivering a return of +8.0% compared to +4.7%

REIT vs FLAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	REIT(ETF)	FLAX(ETF)
Net Assets	$52M	$52M
Expense Ratio	0.68%	0.19%
Max Drawdown	32.68%	44.11%
Sharpe Ratio	1.01	1.78
5Y Beta	0.50	0.80
P/E Ratio	34.77	N/A
Forward P/E	33.24	N/A
PEG Ratio	0.73	N/A
5Y Dividends CAGR	56.74%	19.36%
5Y EPS CAGR	10.19%	N/A
Debt to Equity	99.00%	N/A
P/S Ratio	7.92	N/A
P/B Ratio	2.45	N/A

Net Assets

Winner

REIT

$52M

FLAX

$52M

Expense Ratio

REIT

0.68%

Winner

FLAX

0.19%

Max Drawdown

Winner

REIT

32.68%

FLAX

44.11%

Sharpe Ratio

REIT

1.01

Winner

FLAX

1.78

5Y Beta

Winner

REIT

0.50

FLAX

0.80

P/E Ratio

REIT

34.77

FLAX

N/A

Forward P/E

REIT

33.24

FLAX

N/A

PEG Ratio

REIT

0.73

FLAX

N/A

5Y Dividends CAGR

Winner

REIT

56.74%

FLAX

19.36%

5Y EPS CAGR

REIT

10.19%

FLAX

N/A

Debt to Equity

REIT

99.00%

FLAX

N/A

P/S Ratio

REIT

7.92

FLAX

N/A

P/B Ratio

REIT

2.45

FLAX

N/A

REIT vs FLAX - Holdings Comparison

REIT and FLAX have 0 common holdings. Overlap is 0.00%

REIT's top 25 holdings weight is 91.69%. FLAX's top 25 holdings weight is 45.60%.

Rank	REIT	FLAX
#1	EQUINIX INC (EQIX) - 9.68%	n/a (n/a) - 14.42%
#2	PROLOGIS INC (PLD) - 9.26%	SAMSUNG ELECTRONICS CO LTD (n/a) - 7.33%
#3	WELLTOWER INC (WELL) - 8.75%	SK HYNIX INC (n/a) - 5.53%
#4	SIMON PROPERTY GROUP INC (SPG) - 4.88%	TENCENT HOLDINGS LTD (n/a) - 3.00%
#5	ESSEX PROPERTY TRUST INC (ESS) - 4.36%	n/a (n/a) - 2.53%
#6	HOST HOTELS & RESORTS INC (HST) - 3.78%	MEDIATEK INC (n/a) - 1.43%
#7	PUBLIC STORAGE (PSA) - 3.61%	DELTA ELECTRONICS INC (n/a) - 1.11%
#8	MACERICH CO (MAC) - 3.59%	AIA GROUP LTD (n/a) - 0.96%
#9	CARETRUST REIT INC (CTRE) - 3.11%	n/a (n/a) - 0.84%
#10	EQUITY LIFESTYLE PROPERTIES INC (ELS) - 3.07%	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 0.83%
#11	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 3.05%	RELIANCE INDUSTRIES LTD (n/a) - 0.81%
#12	AVALONBAY COMMUNITIES INC (AVB) - 2.99%	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.79%
#13	INVITATION HOMES INC (INVH) - 2.99%	DBS GROUP HOLDINGS LTD (n/a) - 0.78%
#14	DIGITAL REALTY TRUST INC (DLR) - 2.98%	HDFC BANK LTD (n/a) - 0.74%
#15	SABRA HEALTH CARE REIT INC (SBRA) - 2.98%	n/a (n/a) - 0.65%
#16	INVENTRUST PROPERTIES CORP (IVT) - 2.70%	PDD HOLDINGS INC ADR (PDD) - 0.61%
#17	W.P. CAREY INC (WPC) - 2.48%	XIAOMI CORP CLASS B (n/a) - 0.58%
#18	TERRENO REALTY CORP (TRNO) - 2.43%	ICICI BANK LTD (n/a) - 0.57%
#19	CUBESMART (CUBE) - 2.37%	SK SQUARE (n/a) - 0.56%
#20	CURBLINE PROPERTIES CORP (CURB) - 2.25%	HONG KONG EXCHANGES AND CLEARING LTD (n/a) - 0.53%
#21	ESSENTIAL PROPERTIES REALTY TRUST INC (EPRT) - 2.17%	SUN HUNG KAI PROPERTIES LTD (n/a) - 0.21%
#22	AMERICAN TOWER CORP (AMT) - 2.11%	TATA CONSULTANCY SERVICES LTD (n/a) - 0.20%
#23	BLACKSTONE DIGITAL INFRASTRUCTURE TRUST INC (BXDC) - 2.04%	AGRICULTURAL BANK OF CHINA LTD CLASS H (n/a) - 0.20%
#24	BROADSTONE NET LEASE INC ORDINARY SHARES (BNL) - 2.03%	POSCO HOLDINGS INC (n/a) - 0.20%
#25	GAMING AND LEISURE PROPERTIES INC (GLPI) - 2.03%	CATHAY FINANCIAL HOLDING CO LTD (n/a) - 0.19%
Total Holdings	30	1490

REIT vs FLAX - Historical Returns

Returns include dividend reinvestment.

Period	REIT	FLAX
1 month	+4.18%	+5.91%
3 months	+7.90%	+18.21%
6 months	+17.12%	+31.53%
1 year	+17.86%	+50.35%
5 years(CAGR)	+4.74%	+8.02%
10 years(CAGR)	N/A	+8.55%
Max(CAGR)	+7.78%	+8.55%

REIT

+4.18%

Winner

FLAX

+5.91%

REIT

+7.90%

Winner

FLAX

+18.21%

REIT

+17.12%

Winner

FLAX

+31.53%

REIT

+17.86%

Winner

FLAX

+50.35%

5Y(CAGR)

REIT

+4.74%

Winner

FLAX

+8.02%

10Y(CAGR)

REIT

N/A

FLAX

+8.55%

Max(CAGR)

REIT

+7.78%

Winner

FLAX

+8.55%

REIT vs FLAX - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	REIT	FLAX
2026	+16.59%	+23.61%
2025	-0.11%	+34.33%
2024	+5.86%	+11.69%
2023	+14.17%	+4.95%
2022	-20.43%	-19.30%
2021	+33.50%	-4.77%
2020	N/A	+22.01%
2019	N/A	+17.90%
2018	N/A	-12.03%

REIT vs FLAX Drawdown Comparison

The maximum drawdown for REIT was -29.27%, occurring on Oct 27, 2023. Recovery took 603 trading sessions.

The maximum drawdown for FLAX was -42.50%, occurring on Oct 24, 2022. Recovery took 1147 trading sessions.

The current REIT drawdown is -0.62%. The current FLAX drawdown is -2.95%.

Rank	REIT	FLAX
#1	-29.27% Apr 20, 2022 - Sep 13, 2024	-42.50% Feb 17, 2021 - Sep 11, 2025
#2	-18.18% Nov 27, 2024 - Feb 13, 2026	-29.77% Mar 14, 2018 - Aug 4, 2020
#3	-11.24% Dec 31, 2021 - Apr 20, 2022	-12.99% Feb 25, 2026 - Apr 17, 2026
#4	-7.35% Mar 2, 2026 - Apr 14, 2026	-8.86% Jun 2, 2026 - Jun 5, 2026
#5	-6.96% Sep 3, 2021 - Oct 28, 2021	-5.55% Jan 21, 2021 - Feb 9, 2021
#6	-5.00% Nov 24, 2021 - Dec 8, 2021	-5.31% Aug 28, 2020 - Oct 8, 2020
#7	-4.60% Sep 23, 2024 - Nov 25, 2024	-5.30% May 11, 2026 - May 26, 2026
#8	-3.97% May 10, 2021 - May 24, 2021	-5.20% Oct 29, 2025 - Jan 2, 2026
#9	-3.43% Apr 9, 2021 - Apr 21, 2021	-4.39% Oct 6, 2025 - Oct 20, 2025
#10	-3.22% May 26, 2026 - Jun 9, 2026	-3.34% Jan 28, 2026 - Feb 10, 2026
#11	-2.92% Feb 26, 2021 - Mar 8, 2021	-2.72% Oct 12, 2020 - Nov 4, 2020
#12	-2.91% Mar 15, 2021 - Apr 1, 2021	-2.54% Feb 23, 2018 - Mar 13, 2018
#13	-2.83% Jun 14, 2021 - Jul 9, 2021	-2.37% Nov 27, 2020 - Dec 3, 2020
#14	-2.62% Apr 20, 2026 - May 6, 2026	-1.91% Aug 6, 2020 - Aug 17, 2020
#15	-2.42% Jul 30, 2021 - Aug 31, 2021	-1.90% Sep 17, 2025 - Oct 1, 2025