CIO vs. VNQ
Compare and contrast key facts about City Office REIT, Inc. (CIO) and Vanguard Real Estate ETF (VNQ).
VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIO or VNQ.
Key characteristics
| CIO | VNQ | |
|---|---|---|
| YTD Return | -6.90% | 11.15% |
| 1Y Return | 35.43% | 30.02% |
| 3Y Return (Ann) | -28.47% | -0.80% |
| 5Y Return (Ann) | -11.18% | 4.79% |
| 10Y Return (Ann) | -1.51% | 6.11% |
| Sharpe Ratio | 0.64 | 1.66 |
| Sortino Ratio | 1.31 | 2.41 |
| Omega Ratio | 1.15 | 1.30 |
| Calmar Ratio | 0.43 | 0.91 |
| Martin Ratio | 1.77 | 6.34 |
| Ulcer Index | 19.09% | 4.44% |
| Daily Std Dev | 52.73% | 16.99% |
| Max Drawdown | -80.92% | -73.07% |
| Current Drawdown | -68.72% | -8.31% |
Correlation
The correlation between CIO and VNQ is 0.56, 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
CIO vs. VNQ - Performance Comparison
In the year-to-date period, CIO achieves a -6.90% return, which is significantly lower than VNQ's 11.15% return. Over the past 10 years, CIO has underperformed VNQ with an annualized return of -1.51%, while VNQ has yielded a comparatively higher 6.11% 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
CIO vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for City Office REIT, Inc. (CIO) and Vanguard Real Estate ETF (VNQ). 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
CIO vs. VNQ - Dividend Comparison
CIO's dividend yield for the trailing twelve months is around 7.58%, more than VNQ's 3.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIO City Office REIT, Inc. | 7.58% | 9.82% | 9.55% | 3.04% | 7.01% | 6.95% | 9.17% | 7.23% | 7.14% | 5.79% | 5.10% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.82% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
CIO vs. VNQ - Drawdown Comparison
The maximum CIO drawdown since its inception was -80.92%, which is greater than VNQ's maximum drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for CIO and VNQ. For additional features, visit the drawdowns tool.
Volatility
CIO vs. VNQ - Volatility Comparison
City Office REIT, Inc. (CIO) has a higher volatility of 10.46% compared to Vanguard Real Estate ETF (VNQ) at 4.53%. This indicates that CIO's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.