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AVRE vs PSR

Avantis Real Estate ETF

AVREANYSE Arca

Invesco Active U.S. Real Estate ETF

PSRANYSE Arca

Overlap

49.8%by weight

Expense ratio

AVRE −0.18pt a year

AVRE0.17%PSR0.35%

Avg volume · 30D

AVRE 53.6×the volume

AVRE77.8KPSR1.45K

5Y return · a year

PSR +0.5pt

AVRE+0.5%PSR+1.0%

AVRE vs PSR Performance

Oct 29, 2021 – Oct 30, 2026

+2.7%AVRE+5.1%PSR

Oct 29, 2021 to Oct 30, 2026. AVRE +2.7%. PSR +5.1%. Use the arrow keys to read each point.−20%−10%10%Oct 2021Apr 2024Oct 2026
Expense ratio
AVRE 0.17%, better
PSR 0.35%
Fund size
AVRE $883M
PSR $57M
1Y total return
AVRE +8.1%
PSR +13.9%, better
Yield (12M)
AVRE 2.99%, better
PSR 2.70%
Holdings
AVRE 329
PSR 37
Avg volume (30D)
AVRE 77.8K sh, better
PSR 1.45K sh
NAV per share
AVRE $45.98
PSR $100.85
52W range

ETF.net Grade

AVRE: Cost 88, Risk 57, Mission not scored, Tradability 71, Holdings 87, Durability 78. PSR: Cost 85, Risk 56, Mission not scored, Tradability 58, Holdings 66, Durability 75.
Pillar letters and Scores for AVRE, PSR, with each pillar’s weight
PillarAVREPSR
Cost30% weightA88HigherA85
Mission25% weightNot scoredNot scored
Risk15% weightB57HigherB56
Tradability15% weightA71HigherB58
Holdings10% weightA87HigherB66
Durability5% weightA78HigherA75

Rank among US Active Sector funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVRE and PSR are both graded against the same 35 US Active Sector funds, so their Grades compare head to head.

US Active Sector⁠

Category · 35 funds
See all 35 ›

AVRE ranks 1st and PSR 2nd of 35 funds in the US Active Sector Category.

  1. Rank 1AAVREAvantis Real Estate ETFScore 77
  2. Rank 2APSRInvesco Active U.S. Real Estate ETFScore 70
  3. Rank 2BTMEDT. Rowe Price Health Care ETFScore 70

Our read on each fund

ETF.net Research

AVREAAvantis Real Estate ETF

PSRAInvesco Active U.S. Real Estate 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.

PSR Active REIT stock-picking without the active price tag: since 2008, PSR has run a tight book of about 30 US property names for 0.35% a year, roughly half the median fee among active US equity ETFs.

Stated mandate

AVRE The fund seeks long-term capital appreciation.

PSR The Fund seeks high total return through capital appreciation and current income, investing principally in equity real estate investment trusts.

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.
  • PSR 0.35% a year against a 0.65% median for active US equity ETFs. Active management without the usual active-management markup.
  • Running since 2008, across multiple rate regimes and property cycles, and it sits in the upper half of its active US equity peer group.
  • Concentrated by design: about 30 equity REITs, so each holding carries real weight instead of being diluted across the entire property market.invesco.com
  • The mandate targets capital appreciation plus current income from equity REITs, and the fund distributes quarterly.invesco.com

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.
  • PSR Thinly traded. Spreads can widen and larger orders can move the price more than they would in a heavily traded index fund.
  • One sector, one economy: US property. When rates jolt REITs, the portfolio has no other sector to lean on.
  • Assets stay modest next to the giant index REIT funds, and smaller ETFs generally face a higher bar to stay open over the long haul.

Full AVRE profile⁠

Full PSR profile⁠

AVRE vs PSR Holdings

How AVRE and PSR differ

Overlap by weight

49.8%

Shared holdings make up 93.8% of PSR and 52.2% of AVRE.

Level by level

  • Asset classEquity, Alternatives0.0%
  • Holdings31 in both49.8%
  • Countryby domicile73.6%
  • Sector3 Sectors99.9%

Sector

Sector weights in AVRE and PSR, widest gap first
SectorMore in AVREMore in PSR
Real EstatePSR +0.1 points
FinancialsAVRE +0.1 points
UtilitiesAVRE +0.1 points

Country, concentration and asset class

Country by domicile

Country weights in AVRE and PSR, widest gap first
CountryMore in AVREMore in PSR
United StatesPSR +26.4 points
AustraliaAVRE +6.2 points
JapanAVRE +4.7 points
United KingdomAVRE +3.4 points
SingaporeAVRE +2.8 points
FranceAVRE +1.8 points
South AfricaAVRE +1.3 points
CanadaAVRE +1.2 points
Other countries (13)AVRE +5.0 points

Outside the US: AVRE 87% developed, 13% emerging.

Concentration

Weight in the 10 largest Holdings

  • AVRE41.9%
  • PSR57.3%

Securities held

  • AVRE323
  • PSR36

Asset class

AVRE
Equity
PSR
Alternatives

Holdings

  • Only in AVRE292
  • In both31
  • Only in PSR5

Only in AVRE

292 securities, 47.9% of AVRE by weight

  • Vivmark Residential Reit USD.012.47%
  • Goodman Group Stapled Security2.43%
  • Iron Mountain Inc Reit USD.011.95%

Only in PSR

5 securities, 6.1% of PSR by weight

  • Rayonier Inc2.03%
  • Vornado Realty Trust1.76%
  • Outfront Media Inc1.43%

Weight gaps

All 31 Holdings in both funds, largest gap first.

Holding weights in AVRE and PSR, widest gap first
HoldingMore in AVREMore in PSR
Udr Inc Reit USD.01UDRPSR +2.95 points
Camden Property Trust Reit USD.01CPTPSR +2.86 points
Digital Realty Trust Inc Reit USD.01DLRPSR +2.72 points
Welltower Inc Reit USD1.0WELLPSR +2.65 points
American Tower Corp Reit USD.01AMTPSR +2.50 points
Prologis Inc Reit USD.01PLDPSR +2.31 points
Equinix Inc Reit USD.001EQIXPSR +2.12 points
Broadstone Net Lease Inc Reit USD.00025BNLPSR +2.08 points

All 323 AVRE holdings⁠All 35 PSR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVRE vs PSR Cost

Overpaying PSR vs AVRE

$3,580

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AVRE 0.17%

    $3,546

  • PSR 0.35%

    $7,126

$10,000
30 years

Cost over time

  • AVRE 0.17%
  • PSR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530PSR $7,126AVRE $3,546

Year by year

YearAVREPSROverpaying
10$310$634$324
20$1,211$2,454$1,243
30$3,546$7,126$3,580

Expense ratio

  • 0.17%AVRE, cheaper
  • 0.35%PSR
  • Middle half of US Active Sector funds
  • Median 0.61%

AVRE 5th cheapest of 35 funds

PSR 6th cheapest of 35 funds

AVRE vs PSR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVRE 2.99%, better
PSR 2.70%
Payout (12M)
AVRE $1.38
PSR $2.72
Last payment
AVRE $0.40
PSR $0.67
Ex-dividend
AVRE Sep 8, 2026
PSR Sep 21, 2026
Paid on
AVRE Sep 10, 2026
PSR Sep 25, 2026
Frequency
AVRE Quarterly
PSR Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AVREQuarterly · 20 paymentsAll AVRE payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Dec 16, 2021 $0.34; Mar 22, 2022 $0.15; Jun 21, 2022 $0.15; Sep 20, 2022 $0.34; Dec 15, 2022 $0.41; Mar 23, 2023 $0.26; Jun 20, 2023 $0.28; Sep 21, 2023 $0.42; Dec 18, 2023 $0.49; Mar 21, 2024 $0.26; Jun 24, 2024 $0.36; Sep 23, 2024 $0.66; Dec 17, 2024 $0.40; Mar 25, 2025 $0.27; Jun 24, 2025 $0.40; Sep 23, 2025 $0.65; Dec 16, 2025 $0.55; Mar 10, 2026 $0.04; Jun 9, 2026 $0.39; Sep 8, 2026 $0.40. Use the arrow keys to read each point.$0$0.502017202020232026YTD
PSRQuarterly · 36 paymentsAll PSR payments⁠
One bar per payment. 36 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.11; Mar 19, 2018 $0.30; Jun 18, 2018 $0.44; Sep 24, 2018 $0.57; Dec 24, 2018 $0.70; Mar 18, 2019 $0.16; Jun 24, 2019 $0.75; Sep 23, 2019 $0.76; Dec 23, 2019 $0.76; Mar 23, 2020 $0.70; Jun 22, 2020 $0.64; Sep 21, 2020 $0.64; Dec 21, 2020 $0.70; Mar 22, 2021 $0.60; Jun 21, 2021 $0.69; Sep 20, 2021 $0.61; Dec 20, 2021 $0.65; Mar 21, 2022 $0.63; Jun 21, 2022 $0.68; Sep 19, 2022 $0.63; Dec 19, 2022 $0.63; Mar 20, 2023 $0.65; Jun 20, 2023 $0.65; Sep 18, 2023 $0.69; Dec 18, 2023 $0.69; Mar 18, 2024 $0.69; Jun 24, 2024 $0.70; Sep 23, 2024 $0.69; Dec 23, 2024 $0.69; Mar 24, 2025 $0.56; Jun 23, 2025 $0.58; Sep 22, 2025 $0.59; Dec 22, 2025 $0.59; Mar 23, 2026 $0.67; Jun 22, 2026 $0.78; Sep 21, 2026 $0.67. Use the arrow keys to read each point.$0$0.502017202020232026YTD

AVRE vs PSR Risk

Fall from peak · 5 years

  • AVRE
  • PSR
Oct 29, 2021 to Oct 30, 2026. Worst fall: PSR −34.8% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
AVRE 15.6%, betterPSR 16.5%
Return per unit of riskSharpe ratio, 3 years
AVRE 0.53PSR 0.54, better
Worst fallMax drawdown, 5 years
AVRE −33.3%, betterPSR −34.8%
Market sensitivityBeta, 5 years
AVRE 0.90PSR 0.95

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