CRED vs. WELL

Last updated Jun 3, 2026

CRED (Columbia Research Enhanced Real Estate ETF) is REIT fund tracking the Beta Advantage Lionstone Research Enhanced REIT Index - Benchmark TR Gross, while WELL (Welltower Inc.) is a stock. Over the past 3 years, CRED returned 8.96%/yr vs 39.99%/yr for WELL. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

CRED vs. WELL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Research Enhanced Real Estate ETF (CRED) and Welltower Inc. (WELL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRED achieves a 12.55% return, which is significantly higher than WELL's 5.98% return.

CRED

• 1D: 0.50%
• 1M: 0.12%
• YTD: 12.55%
• 6M: 13.12%
• 1Y: 9.04%
• 3Y*: 8.96%
• 5Y*: —
• 10Y*: —

WELL

• 1D: -1.02%
• 1M: -9.63%
• YTD: 5.98%
• 6M: -3.19%
• 1Y: 27.79%
• 3Y*: 39.99%
• 5Y*: 23.56%
• 10Y*: 14.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRED vs. WELL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CRED Columbia Research Enhanced Real Estate ETF	12.55%	-2.30%	5.21%	13.18%
WELL Welltower Inc.	5.98%	49.86%	43.07%	21.03%

Correlation

The correlation between CRED and WELL is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Apr 27, 2023	0.56

The correlation between CRED and WELL shifts across timeframes, from 0.43 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRED vs. WELL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRED

CRED Risk / Return Rank: 21
CRED Sharpe Ratio Rank: 21
CRED Sortino Ratio Rank: 20
CRED Omega Ratio Rank: 20
CRED Calmar Ratio Rank: 23
CRED Martin Ratio Rank: 20

WELL

WELL Risk / Return Rank: 75
WELL Sharpe Ratio Rank: 78
WELL Sortino Ratio Rank: 72
WELL Omega Ratio Rank: 71
WELL Calmar Ratio Rank: 77
WELL Martin Ratio Rank: 77

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.

CRED vs. WELL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Real Estate ETF (CRED) and Welltower Inc. (WELL). 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.

	CRED	WELL	Difference
Sharpe ratio Return per unit of total volatility	0.71	1.33	-0.62
Sortino ratio Return per unit of downside risk	1.03	1.86	-0.83
Omega ratio Gain probability vs. loss probability	1.13	1.24	-0.11
Calmar ratio Return relative to maximum drawdown	1.08	2.27	-1.19
Martin ratio Return relative to average drawdown	2.45	5.71	-3.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRED vs. WELL - Sharpe Ratio Comparison

The current CRED Sharpe Ratio is 0.71, which is lower than the WELL Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of CRED and WELL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRED	WELL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	1.33	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.55	+0.01

Drawdowns

CRED vs. WELL - Drawdown Comparison

The maximum CRED drawdown since its inception was -17.59%, smaller than the maximum WELL drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for CRED and WELL.

Drawdown Indicators

	CRED	WELL	Difference
Max Drawdown Largest peak-to-trough decline	-17.59%	-63.33%	+45.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.32%	-12.61%	+4.29%
Max Drawdown (3Y) Largest decline over 3 years	-17.59%	-12.99%	-4.60%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.33%	—
Current Drawdown Current decline from peak	-2.19%	-11.26%	+9.07%
Average Drawdown Average peak-to-trough decline	-5.65%	-10.32%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	5.01%	-1.34%

Volatility

CRED vs. WELL - Volatility Comparison

The current volatility for Columbia Research Enhanced Real Estate ETF (CRED) is 3.85%, while Welltower Inc. (WELL) has a volatility of 7.08%. This indicates that CRED experiences smaller price fluctuations and is considered to be less risky than WELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRED	WELL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	7.08%	-3.23%
Volatility (6M) Calculated over the trailing 6-month period	9.43%	16.48%	-7.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	20.97%	-8.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	23.67%	-7.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.25%	31.86%	-15.61%

Dividends

CRED vs. WELL - Dividend Comparison

CRED's dividend yield for the trailing twelve months is around 4.52%, more than WELL's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRED Columbia Research Enhanced Real Estate ETF	4.52%	5.50%	4.82%	2.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WELL Welltower Inc.	1.52%	1.52%	2.03%	2.71%	3.72%	2.84%	4.18%	4.26%	5.01%	5.46%	5.14%	4.85%

Frequently Asked Questions

Can I hold both CRED and WELL in my portfolio?

CRED and WELL have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRED or WELL?

WELL has higher volatility (7.08%) compared to CRED (3.85%). In terms of maximum drawdown, CRED dropped -17.59% vs WELL's -63.33%.

Which has better risk-adjusted returns?

WELL currently has the higher Sharpe Ratio (1.33 vs 0.71), 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.