CRED vs. IFGL
CRED (Columbia Research Enhanced Real Estate ETF) and IFGL (iShares International Developed Real Estate ETF) are both REIT funds - CRED tracks the Beta Advantage Lionstone Research Enhanced REIT Index - Benchmark TR Gross while IFGL tracks the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. Both are passively managed. Over the past 3 years, CRED returned 11.05%/yr vs 7.92%/yr for IFGL. A 0.59 correlation means they provide meaningful diversification when combined. CRED charges 0.33%/yr vs 0.48%/yr for IFGL.
Performance
CRED vs. IFGL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRED achieves a 16.23% return, which is significantly higher than IFGL's -3.68% return.
CRED
- 1D
- 1.13%
- 1M
- 1.64%
- YTD
- 16.23%
- 6M
- 17.22%
- 1Y
- 10.72%
- 3Y*
- 11.05%
- 5Y*
- —
- 10Y*
- —
IFGL
- 1D
- -1.11%
- 1M
- -3.43%
- YTD
- -3.68%
- 6M
- -3.43%
- 1Y
- 0.89%
- 3Y*
- 7.92%
- 5Y*
- -2.89%
- 10Y*
- 1.76%
CRED vs. IFGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CRED Columbia Research Enhanced Real Estate ETF | 16.23% | -2.30% | 5.21% | 12.70% |
IFGL iShares International Developed Real Estate ETF | -3.68% | 24.31% | -7.25% | 5.80% |
Correlation
The correlation between CRED and IFGL is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2023 | 0.59 |
The correlation between CRED and IFGL has been stable across timeframes, ranging from 0.49 to 0.59 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRED vs. IFGL — Risk / Return Rank
CRED
IFGL
CRED vs. IFGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Real Estate ETF (CRED) and iShares International Developed Real Estate ETF (IFGL). 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.
| CRED | IFGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.02 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 0.06 | +1.23 |
| Martin ratioReturn relative to average drawdown | 2.92 | 0.17 | +2.75 |
Loading charts...
Drawdowns
CRED vs. IFGL - Drawdown Comparison
The maximum CRED drawdown since its inception was -17.59%, smaller than the maximum IFGL drawdown of -68.93%. Use the drawdown chart below to compare losses from any high point for CRED and IFGL.
Loading charts...
Drawdown Indicators
| CRED | IFGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.59% | -68.93% | +51.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.32% | -14.38% | +6.06% |
Max Drawdown (3Y)Largest decline over 3 years | -17.59% | -18.77% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.38% | — |
Current DrawdownCurrent decline from peak | -0.13% | -16.24% | +16.11% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -17.31% | +11.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | 5.33% | -1.65% |
Volatility
CRED vs. IFGL - Volatility Comparison
Columbia Research Enhanced Real Estate ETF (CRED) has a higher volatility of 4.80% compared to iShares International Developed Real Estate ETF (IFGL) at 4.27%. This indicates that CRED's price experiences larger fluctuations and is considered to be riskier than IFGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRED | IFGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 4.27% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 10.04% | 11.88% | -1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.36% | 13.96% | -0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 16.38% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 16.45% | -0.17% |
CRED vs. IFGL - Expense Ratio Comparison
CRED has a 0.33% expense ratio, which is lower than IFGL's 0.48% expense ratio.
Dividends
CRED vs. IFGL - Dividend Comparison
CRED's dividend yield for the trailing twelve months is around 4.38%, more than IFGL's 4.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRED Columbia Research Enhanced Real Estate ETF | 4.38% | 5.50% | 4.82% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IFGL iShares International Developed Real Estate ETF | 4.27% | 3.71% | 4.83% | 1.82% | 2.79% | 3.25% | 2.17% | 7.60% | 4.10% | 4.90% | 7.68% | 3.70% |
Frequently Asked Questions
CRED and IFGL have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRED has higher volatility (4.80%) compared to IFGL (4.27%). In terms of maximum drawdown, CRED dropped -17.59% vs IFGL's -68.93%.
On 3-year performance, CRED leads with 11.05% vs 7.92% for IFGL. On fees, CRED is cheaper at 0.33% per year. On volatility, IFGL has been the lower-risk option at 4.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CRED has performed better with a 11.05% return vs 7.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CRED is cheaper with a 0.33% expense ratio, compared with 0.48% for IFGL.
CRED has the higher dividend yield at 4.38%, compared with 4.27% for IFGL.
CRED tracks Beta Advantage Lionstone Research Enhanced REIT Index - Benchmark TR Gross, while IFGL tracks FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. They also come from different issuers: Columbia and iShares. Their fees differ too: 0.33% for CRED and 0.48% for IFGL.
CRED currently has the higher Sharpe Ratio (0.81 vs 0.06), 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.
Find the right allocation for CRED and IFGL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer