AVRE vs JPRE

AVREAAvantis Real Estate ETF

JPRECJPMorgan Realty Income ETF

In short

AVRE Landlord exposure at index-fund pricing. AVRE holds roughly 300 REITs and property companies worldwide, measured against the S&P Global REIT Index, for 0.17% a year while the typical fund in its active-equity peer group charges far more.

JPRE A REIT strategy with a 1998 vintage that stepped into an ETF wrapper in 2022. Roughly 40 real estate names chosen by J.P. Morgan's analysts rather than set by index weights, with income written into the mandate and paid quarterly.

Stated mandate

AVRE The fund seeks long-term capital appreciation.

JPRE The fund seeks high total investment return through both capital appreciation and current income.

Why people hold it

• AVRE 0.17% a year, a fraction of the median expense ratio in its active-equity peer group. Fees are the one part of a real estate return you know in advance.avantisinvestors.com
• Global by design: US and developed-market property owners across roughly 300 names, so no single office tower or mall operator sets the tone.avantisinvestors.com
• Rent shows up on a schedule. The fund distributes quarterly, and its stated objective is long-term capital appreciation rather than a yield target.avantisinvestors.com
• On cost and structure it sits among the strongest implementations in its peer group, with a clean record: no structural flags, no scoring caps.

• JPRE Not a 2022 startup. The strategy ran as a mutual fund from 1998 and was folded into this ETF in a tax-free reorganization, keeping the same objective and a substantially similar strategy.sec.gov
• Analysts pick the names. The prospectus keeps at least 80% of net assets in REIT equity but leaves room for equity or mortgage REITs, including small caps, instead of index weights.sec.gov
• Income is in the job description. The stated objective pairs current income with capital appreciation, and the fund distributes quarterly.

Worth knowing

• AVRE One sector, one story. Real estate reacts hard to interest rates and credit conditions, so this moves on its own schedule versus a broad stock fund.
• Global reach means foreign-currency property markets ride along, adding exchange-rate movement on top of the underlying real estate returns.avantisinvestors.com
• Launched in 2021, so its live history is short next to REIT funds that have been through multiple property cycles.

• JPRE Active hands cost more. The fee sits above the category median and well above index-tracking real estate peers such as AVRE at 0.17%.
• Non-diversified by prospectus and roughly 40 holdings, so a handful of big REITs steer the ride far more than in a broad index fund.sec.gov
• It trades thinly next to the category's heavyweights, so the spread at the moment of trade deserves a look.

Full AVRE profile⁠

Full JPRE profile⁠