CGR.TO vs. ^GSPC
Compare and contrast key facts about iShares Global Real Estate Index ETF (CGR.TO) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGR.TO or ^GSPC.
Key characteristics
| CGR.TO | ^GSPC | |
|---|---|---|
| YTD Return | 12.81% | 25.48% |
| 1Y Return | 21.58% | 33.14% |
| 3Y Return (Ann) | 0.39% | 8.55% |
| 5Y Return (Ann) | 2.10% | 13.96% |
| 10Y Return (Ann) | 5.34% | 11.39% |
| Sharpe Ratio | 2.05 | 2.91 |
| Sortino Ratio | 2.95 | 3.88 |
| Omega Ratio | 1.38 | 1.55 |
| Calmar Ratio | 1.20 | 4.20 |
| Martin Ratio | 10.80 | 18.80 |
| Ulcer Index | 2.44% | 1.90% |
| Daily Std Dev | 12.85% | 12.27% |
| Max Drawdown | -52.90% | -56.78% |
| Current Drawdown | -5.03% | -0.27% |
Correlation
The correlation between CGR.TO and ^GSPC is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CGR.TO vs. ^GSPC - Performance Comparison
In the year-to-date period, CGR.TO achieves a 12.81% return, which is significantly lower than ^GSPC's 25.48% return. Over the past 10 years, CGR.TO has underperformed ^GSPC with an annualized return of 5.34%, while ^GSPC has yielded a comparatively higher 11.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CGR.TO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Real Estate Index ETF (CGR.TO) and S&P 500 (^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.
Drawdowns
CGR.TO vs. ^GSPC - Drawdown Comparison
The maximum CGR.TO drawdown since its inception was -52.90%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CGR.TO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CGR.TO vs. ^GSPC - Volatility Comparison
iShares Global Real Estate Index ETF (CGR.TO) has a higher volatility of 4.07% compared to S&P 500 (^GSPC) at 3.75%. This indicates that CGR.TO'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.