CGR.TO vs. REET
Compare and contrast key facts about iShares Global Real Estate Index ETF (CGR.TO) and iShares Global REIT ETF (REET).
CGR.TO and REET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar DM REIT NR CAD. It was launched on Aug 26, 2008. REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014. Both CGR.TO and REET are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGR.TO or REET.
Key characteristics
| CGR.TO | REET | |
|---|---|---|
| YTD Return | 12.81% | 7.44% |
| 1Y Return | 21.58% | 20.25% |
| 3Y Return (Ann) | 0.39% | -1.94% |
| 5Y Return (Ann) | 2.10% | 1.43% |
| 10Y Return (Ann) | 5.34% | 3.95% |
| Sharpe Ratio | 2.05 | 1.69 |
| Sortino Ratio | 2.95 | 2.47 |
| Omega Ratio | 1.38 | 1.31 |
| Calmar Ratio | 1.20 | 1.03 |
| Martin Ratio | 10.80 | 6.35 |
| Ulcer Index | 2.44% | 4.13% |
| Daily Std Dev | 12.85% | 15.49% |
| Max Drawdown | -52.90% | -44.59% |
| Current Drawdown | -5.03% | -10.07% |
Correlation
The correlation between CGR.TO and REET is 0.83, 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.
Performance
CGR.TO vs. REET - Performance Comparison
In the year-to-date period, CGR.TO achieves a 12.81% return, which is significantly higher than REET's 7.44% return. Over the past 10 years, CGR.TO has outperformed REET with an annualized return of 5.34%, while REET has yielded a comparatively lower 3.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CGR.TO vs. REET - Expense Ratio Comparison
CGR.TO has a 0.72% expense ratio, which is higher than REET's 0.14% expense ratio.
Risk-Adjusted Performance
CGR.TO vs. REET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Real Estate Index ETF (CGR.TO) and iShares Global REIT ETF (REET). 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.
Dividends
CGR.TO vs. REET - Dividend Comparison
CGR.TO's dividend yield for the trailing twelve months is around 2.40%, less than REET's 2.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGR.TO iShares Global Real Estate Index ETF | 2.40% | 2.59% | 2.40% | 1.70% | 2.22% | 2.10% | 2.54% | 4.25% | 2.83% | 2.97% | 2.65% | 1.82% |
REET iShares Global REIT ETF | 2.74% | 3.27% | 2.42% | 3.18% | 2.64% | 5.25% | 5.73% | 3.84% | 5.37% | 3.56% | 2.12% | 0.00% |
Drawdowns
CGR.TO vs. REET - Drawdown Comparison
The maximum CGR.TO drawdown since its inception was -52.90%, which is greater than REET's maximum drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for CGR.TO and REET. For additional features, visit the drawdowns tool.
Volatility
CGR.TO vs. REET - Volatility Comparison
The current volatility for iShares Global Real Estate Index ETF (CGR.TO) is 4.07%, while iShares Global REIT ETF (REET) has a volatility of 4.60%. This indicates that CGR.TO experiences smaller price fluctuations and is considered to be less risky than REET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.