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CGR.TO vs. SRU-UN.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CGR.TO vs. SRU-UN.TO

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Global Real Estate Index ETF (CGR.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO).

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.

Performance

CGR.TO vs. SRU-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Global Real Estate Index ETF (CGR.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO). The values are adjusted to include any dividend payments, if applicable.

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CGR.TO vs. SRU-UN.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CGR.TO
iShares Global Real Estate Index ETF		4.12%2.56%9.99%7.58%-21.75%28.98%-9.40%14.90%2.92%3.32%
SRU-UN.TO
SmartCentres Real Estate Investment Trust		6.74%13.10%6.13%0.16%-11.27%48.64%-19.65%6.97%5.77%1.14%

Returns By Period

In the year-to-date period, CGR.TO achieves a 4.12% return, which is significantly lower than SRU-UN.TO's 6.74% return. Over the past 10 years, CGR.TO has underperformed SRU-UN.TO with an annualized return of 3.63%, while SRU-UN.TO has yielded a comparatively higher 4.40% annualized return.

CGR.TO

1D
0.67%
1M
-6.05%
YTD
4.12%
6M
0.87%
1Y
4.34%
3Y*
8.11%
5Y*
3.99%
10Y*
3.63%

SRU-UN.TO

1D
1.43%
1M
-1.78%
YTD
6.74%
6M
4.42%
1Y
13.69%
3Y*
8.34%
5Y*
7.30%
10Y*
4.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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iShares Global Real Estate Index ETF

SmartCentres Real Estate Investment Trust

Often compared with CGR.TO:
CGR.TO vs. XRE.TOCGR.TO vs. REETCGR.TO vs. RS.TOCGR.TO vs. VFV.TOCGR.TO vs. ^GSPCCGR.TO vs. VCRCGR.TO vs. VNQI
Often compared with SRU-UN.TO:
SRU-UN.TO vs. REI-UN.TOSRU-UN.TO vs. CRT-UN.TOSRU-UN.TO vs. FCR-UN.TOSRU-UN.TO vs. CHP-UN.TOSRU-UN.TO vs. CAR-UN.TOSRU-UN.TO vs. XEQT.TOSRU-UN.TO vs. RS.TO

Return for Risk

CGR.TO vs. SRU-UN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CGR.TO
CGR.TO Risk / Return Rank: 1919
Overall Rank
CGR.TO Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
CGR.TO Sortino Ratio Rank: 1818
Sortino Ratio Rank
CGR.TO Omega Ratio Rank: 1818
Omega Ratio Rank
CGR.TO Calmar Ratio Rank: 2020
Calmar Ratio Rank
CGR.TO Martin Ratio Rank: 2020
Martin Ratio Rank
SRU-UN.TO
SRU-UN.TO Risk / Return Rank: 7474
Overall Rank
SRU-UN.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
SRU-UN.TO Sortino Ratio Rank: 6868
Sortino Ratio Rank
SRU-UN.TO Omega Ratio Rank: 6464
Omega Ratio Rank
SRU-UN.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
SRU-UN.TO Martin Ratio Rank: 8080
Martin Ratio Rank
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.

CGR.TO vs. SRU-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Real Estate Index ETF (CGR.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO). 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.

CGR.TOSRU-UN.TODifference

Sharpe ratio

Return per unit of total volatility

0.30

1.07

-0.78

Sortino ratio

Return per unit of downside risk

0.50

1.55

-1.05

Omega ratio

Gain probability vs. loss probability

1.07

1.19

-0.12

Calmar ratio

Return relative to maximum drawdown

0.38

2.29

-1.91

Martin ratio

Return relative to average drawdown

1.26

6.20

-4.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGR.TO vs. SRU-UN.TO - Sharpe Ratio Comparison

The current CGR.TO Sharpe Ratio is 0.30, which is lower than the SRU-UN.TO Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of CGR.TO and SRU-UN.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

CGR.TOSRU-UN.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.30

1.07

-0.78

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

0.45

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

0.21

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.35

-0.08

Correlation

The correlation between CGR.TO and SRU-UN.TO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CGR.TO vs. SRU-UN.TO - Dividend Comparison

CGR.TO's dividend yield for the trailing twelve months is around 2.42%, less than SRU-UN.TO's 6.84% yield.

TTM20252024202320222021202020192018201720162015
CGR.TO
iShares Global Real Estate Index ETF		2.42%2.51%2.52%2.59%2.40%1.70%2.22%2.10%2.54%4.25%2.83%2.97%
SRU-UN.TO
SmartCentres Real Estate Investment Trust		6.84%7.18%7.56%7.42%6.90%5.74%8.01%5.81%5.72%5.55%5.17%5.34%

Drawdowns

CGR.TO vs. SRU-UN.TO - Drawdown Comparison

The maximum CGR.TO drawdown since its inception was -52.90%, smaller than the maximum SRU-UN.TO drawdown of -68.25%. Use the drawdown chart below to compare losses from any high point for CGR.TO and SRU-UN.TO.

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Drawdown Indicators

CGR.TOSRU-UN.TODifference

Max Drawdown

Largest peak-to-trough decline

-52.90%

-68.25%

+15.35%

Max Drawdown (1Y)

Largest decline over 1 year

-11.05%

-6.39%

-4.66%

Max Drawdown (5Y)

Largest decline over 5 years

-28.76%

-28.89%

+0.13%

Max Drawdown (10Y)

Largest decline over 10 years

-33.71%

-54.78%

+21.07%

Current Drawdown

Current decline from peak

-6.33%

-2.71%

-3.62%

Average Drawdown

Average peak-to-trough decline

-10.06%

-11.06%

+1.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.33%

2.36%

+0.97%

Volatility

CGR.TO vs. SRU-UN.TO - Volatility Comparison

iShares Global Real Estate Index ETF (CGR.TO) has a higher volatility of 5.56% compared to SmartCentres Real Estate Investment Trust (SRU-UN.TO) at 3.81%. This indicates that CGR.TO's price experiences larger fluctuations and is considered to be riskier than SRU-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CGR.TOSRU-UN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.56%

3.81%

+1.75%

Volatility (6M)

Calculated over the trailing 6-month period

9.10%

8.51%

+0.59%

Volatility (1Y)

Calculated over the trailing 1-year period

14.71%

12.85%

+1.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.95%

16.24%

-1.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.53%

21.57%

-5.04%