CBRE vs. ^GSPC
CBRE (CBRE Group, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, CBRE returned 17.17%/yr vs 13.71%/yr for ^GSPC. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
CBRE vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, CBRE achieves a -17.15% return, which is significantly lower than ^GSPC's 7.60% return. Over the past 10 years, CBRE has outperformed ^GSPC with an annualized return of 17.17%, while ^GSPC has yielded a comparatively lower 13.71% annualized return.
CBRE
- 1D
- 2.51%
- 1M
- 1.63%
- YTD
- -17.15%
- 6M
- -18.70%
- 1Y
- -3.89%
- 3Y*
- 20.98%
- 5Y*
- 8.71%
- 10Y*
- 17.17%
^GSPC
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
CBRE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBRE CBRE Group, Inc. | -17.15% | 22.47% | 41.04% | 20.96% | -29.08% | 73.01% | 2.33% | 53.07% | -7.55% | 37.54% |
^GSPC S&P 500 Index | 7.60% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between CBRE and ^GSPC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2004 | 0.64 |
Over the past year, the correlation between CBRE and ^GSPC has dropped to 0.41 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
CBRE vs. ^GSPC — Risk / Return Rank
CBRE
^GSPC
CBRE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBRE Group, Inc. (CBRE) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBRE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.32 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.46 | -2.60 |
| Martin ratioReturn relative to average drawdown | -0.32 | 10.92 | -11.23 |
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Drawdowns
CBRE vs. ^GSPC - Drawdown Comparison
The maximum CBRE drawdown since its inception was -94.31%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CBRE and ^GSPC.
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Drawdown Indicators
| CBRE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.31% | -56.78% | -37.53% |
Max Drawdown (1Y)Largest decline over 1 year | -27.37% | -9.10% | -18.27% |
Max Drawdown (3Y)Largest decline over 3 years | -27.37% | -18.90% | -8.47% |
Max Drawdown (5Y)Largest decline over 5 years | -40.38% | -25.43% | -14.95% |
Max Drawdown (10Y)Largest decline over 10 years | -53.57% | -33.92% | -19.65% |
Current DrawdownCurrent decline from peak | -22.38% | -3.21% | -19.17% |
Average DrawdownAverage peak-to-trough decline | -26.57% | -10.71% | -15.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.31% | 2.04% | +10.27% |
Volatility
CBRE vs. ^GSPC - Volatility Comparison
CBRE Group, Inc. (CBRE) has a higher volatility of 8.75% compared to S&P 500 Index (^GSPC) at 4.89%. This indicates that CBRE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBRE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 4.89% | +3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 26.10% | 9.93% | +16.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.82% | 12.57% | +18.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.31% | 17.00% | +13.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.87% | 18.08% | +14.79% |
Frequently Asked Questions
CBRE and ^GSPC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBRE has higher volatility (8.75%) compared to ^GSPC (4.89%). In terms of maximum drawdown, CBRE dropped -94.31% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.78 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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