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PPI vs IYR

Astoria Real Asset ETF vs iShares U.S. Real Estate ETF

PPI

Astoria Real Asset ETF

AXS

Annual cost

0.58%

Fund size

$159M

IYR

iShares U.S. Real Estate ETF

iShares

Annual cost

0.38%

Fund size

$4.1B

Key differences

  • IYR costs 0.20% less per year.
  • IYR is significantly larger than PPI — larger funds tend to be more liquid and less likely to close.
  • PPI is classified as alternative, while IYR is equity — different risk/return profiles.
  • PPI follows a active selection strategy; IYR uses index tracking.
  • Over the last 3 years, PPI has delivered higher annualized returns.
  • IYR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PPIIYR
Annual cost (TER)0.58%0.38%
Fund size (AUM)$159M$4.1B
Since20212000
Dividend yield1.00%2.19%
Asset classalternativeequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+42.7%+14.1%
CAGR 3Y+22.7%+10.4%
CAGR 5YN/A+3.7%
Sharpe 3Y1.110.46
Volatility 1Y15.78%13.14%
Max drawdown-24.54%-42.32%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PPI and IYR