BLDG vs. IVRA

Last updated Apr 2, 2026

Compare and contrast key facts about Cambria Global Real Estate ETF (BLDG) and Invesco Real Assets ESG ETF (IVRA).

BLDG and IVRA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLDG is an actively managed fund by Cambria. It was launched on Sep 24, 2020. IVRA is an actively managed fund by Invesco. It was launched on Dec 22, 2020.

Performance

BLDG vs. IVRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Global Real Estate ETF (BLDG) and Invesco Real Assets ESG ETF (IVRA). The values are adjusted to include any dividend payments, if applicable.

BLDG vs. IVRA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BLDG Cambria Global Real Estate ETF	-0.71%	4.26%	8.18%	1.76%	-14.66%	22.47%	1.72%
IVRA Invesco Real Assets ESG ETF	11.70%	10.20%	13.07%	9.13%	-10.00%	32.74%	1.58%

Returns By Period

In the year-to-date period, BLDG achieves a -0.71% return, which is significantly lower than IVRA's 11.70% return.

BLDG

• 1D: 0.23%
• 1M: -7.55%
• YTD: -0.71%
• 6M: -4.12%
• 1Y: 6.29%
• 3Y*: 5.76%
• 5Y*: 2.30%
• 10Y*: —

IVRA

• 1D: 0.00%
• 1M: 0.00%
• YTD: 11.70%
• 6M: 11.36%
• 1Y: 16.19%
• 3Y*: 14.07%
• 5Y*: 9.85%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLDG vs. IVRA - Expense Ratio Comparison

Both BLDG and IVRA have an expense ratio of 0.59%.

BLDG

Cambria Global Real Estate ETF

IVRA

Invesco Real Assets ESG ETF

Return for Risk

BLDG vs. IVRA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLDG

BLDG Risk / Return Rank: 24
BLDG Sharpe Ratio Rank: 25
BLDG Sortino Ratio Rank: 24
BLDG Omega Ratio Rank: 23
BLDG Calmar Ratio Rank: 24
BLDG Martin Ratio Rank: 26

IVRA

IVRA Risk / Return Rank: 62
IVRA Sharpe Ratio Rank: 63
IVRA Sortino Ratio Rank: 62
IVRA Omega Ratio Rank: 65
IVRA Calmar Ratio Rank: 51
IVRA Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLDG vs. IVRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Global Real Estate ETF (BLDG) and Invesco Real Assets ESG ETF (IVRA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BLDG	IVRA	Difference
Sharpe ratio Return per unit of total volatility	0.47	1.16	-0.69
Sortino ratio Return per unit of downside risk	0.73	1.65	-0.92
Omega ratio Gain probability vs. loss probability	1.10	1.25	-0.15
Calmar ratio Return relative to maximum drawdown	0.58	1.39	-0.81
Martin ratio Return relative to average drawdown	2.11	7.72	-5.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLDG vs. IVRA - Sharpe Ratio Comparison

The current BLDG Sharpe Ratio is 0.47, which is lower than the IVRA Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of BLDG and IVRA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BLDG	IVRA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	1.16	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.59	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.74	-0.36

Correlation

The correlation between BLDG and IVRA is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BLDG vs. IVRA - Dividend Comparison

BLDG's dividend yield for the trailing twelve months is around 6.11%, less than IVRA's 17.39% yield.

	TTM	2025	2024	2023	2022	2021	2020
BLDG Cambria Global Real Estate ETF	6.11%	7.46%	7.97%	4.99%	3.99%	10.40%	0.59%
IVRA Invesco Real Assets ESG ETF	17.39%	5.68%	3.71%	2.47%	2.30%	3.01%	0.00%

Drawdowns

BLDG vs. IVRA - Drawdown Comparison

The maximum BLDG drawdown since its inception was -27.25%, roughly equal to the maximum IVRA drawdown of -25.99%. Use the drawdown chart below to compare losses from any high point for BLDG and IVRA.

Drawdown Indicators

	BLDG	IVRA	Difference
Max Drawdown Largest peak-to-trough decline	-27.25%	-25.99%	-1.26%
Max Drawdown (1Y) Largest decline over 1 year	-10.80%	-12.39%	+1.59%
Max Drawdown (5Y) Largest decline over 5 years	-27.25%	-25.99%	-1.26%
Current Drawdown Current decline from peak	-8.75%	-0.92%	-7.83%
Average Drawdown Average peak-to-trough decline	-9.44%	-7.47%	-1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.23%	+0.75%

Volatility

BLDG vs. IVRA - Volatility Comparison

Cambria Global Real Estate ETF (BLDG) has a higher volatility of 4.17% compared to Invesco Real Assets ESG ETF (IVRA) at 0.00%. This indicates that BLDG's price experiences larger fluctuations and is considered to be riskier than IVRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLDG	IVRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	0.00%	+4.17%
Volatility (6M) Calculated over the trailing 6-month period	7.34%	7.13%	+0.21%
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	14.11%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.22%	16.72%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.60%	16.66%	-1.06%