ALPS Active REIT ETF (REIT) Performance
REIT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.1% since Dec 31, 2025
- 1 year
- +9.0% total return
- 5 years
- +2.8% a year
- Since first price
- +6.5% a year since 2021
REIT trailing returns vs SPY, QQQ, AGG
| Period | REIT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.2% | −0.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.1% | −8.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.7% | −2.3% | +7.8% | +8.4% | −1.5% |
| YTD | +12.1% | +9.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.0% | +5.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.3%+13.8%/yr | +33.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +15.0%+2.8%/yr | −4.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionFeb 26, 2021 | +42.9%+6.5%/yr | +17.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: REIT vs SPY
From Feb 26, 2021: REIT grew to $14,288, SPY to $21,572.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
REIT returns by calendar year
2 of 4 full years positive. Best 2023 (+13.7%), worst 2022 (−21.2%). 2026 is year to date.
REIT annual returns table
| Year | REIT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.1% | −11.5% | +12.3% | +15.1% | −1.0% |
| 2025 | −0.5% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.1% | −10.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.7% | −19.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −21.2% | −28.8% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
REIT largest drawdowns
Now 8.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 20, 2022 | −29.3% | Oct 27, 2023 | Sep 13, 2024 | 1.5 years | 2.4 years |
| Nov 27, 2024 | −18.2% | Apr 8, 2025 | Feb 13, 2026 | 4 months | 1.2 years |
| Jul 24, 2026 | −11.5% | Oct 7, 2026 | not yet | 2 months | 3 months so far |
| Dec 31, 2021 | −11.2% | Feb 23, 2022 | Apr 20, 2022 | 54 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
REIT risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +11.1% | +3.9% | +6.3% |
| Volatility (annualized) | 16.3% | 18.5% | 18.1% |
| Sharpe ratio | 0.46 | 0.10 | 0.25 |
| Sortino ratio | 0.75 | 0.16 | 0.39 |
| Best month | +11.4% | +11.4% | +11.4% |
| Worst month | −7.6% | −11.5% | −11.5% |
| Best 12 months | +35.4% | +35.4% | +35.4% |
| Worst 12 months | −6.1% | −21.2% | −21.2% |
| Positive months | 61% | 53% | 57% |
| Beta vs S&P 500 | 0.83 | 0.93 | — |
| Correlation with S&P 500 | 0.63 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
REIT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 57 | −21.2% | +4.5% | +35.4% | 58% |
| 3-year (a year) | 33 | −1.4% | +4.3% | +13.6% | 91% |
| 5-year (a year) | 9 | +2.8% | +5.0% | +7.2% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
REIT performance overview
ALPS Active REIT ETF (REIT) returned +9.0% over the past year and +2.8% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +6.5% a year, turning $10,000 into about $14,288. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.3%, from Apr 20, 2022 to Oct 27, 2023, and it took 11 months to get back to the old high. REIT finished 2 of its 4 full calendar years with a gain; the best year was 2023 (+13.7%) and the worst 2022 (−21.2%). Volatility has been 18.1% a year.
Related: REIT chart, REIT holdings, REIT dividends, REIT valuation. See the REIT overview for the latest quote and fund facts.
REIT performance FAQ
What is the REIT return over the past year?
REIT returned +9.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.7%.
What is the average annual return of REIT?
REIT has returned +2.8% a year over 5 years, +6.5% a year since February 26, 2021 (total return, distributions reinvested).
How much would $10,000 invested in REIT be worth?
$10,000 invested in REIT at its first recorded close on February 26, 2021 would be worth about $14,288 on October 23, 2026 with distributions reinvested.
What was the worst year for REIT?
The worst calendar year was 2022, with a total return of −21.2%. The best was 2023 at +13.7%.
What is the biggest drawdown of REIT?
The largest peak-to-trough decline was −29.3% between April 20, 2022 and October 27, 2023. It recovered to the old high on September 13, 2024, 11 months after the bottom.
How volatile is REIT?
Over the past 3 years REIT had an annualized volatility of 16.3% and a Sharpe ratio of 0.46 (excess return over 1–3 month T-bills per unit of risk).