CSSPX vs. SLYV

Last updated Jun 24, 2026

CSSPX (Cohen & Steers Global Realty Shares, Inc.) and SLYV (SPDR S&P 600 Small Cap Value ETF) are both funds - CSSPX is a REIT fund managed by T. Rowe Price, while SLYV is a Small Cap Value Equities fund tracking the S&P SmallCap 600 Value Index. Over the past 10 years, CSSPX returned 5.48%/yr vs 10.61%/yr for SLYV. A 0.60 correlation means they provide meaningful diversification when combined. CSSPX charges 0.90%/yr vs 0.15%/yr for SLYV.

Performance

CSSPX vs. SLYV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Global Realty Shares, Inc. (CSSPX) and SPDR S&P 600 Small Cap Value ETF (SLYV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSSPX achieves a 8.27% return, which is significantly lower than SLYV's 17.46% return. Over the past 10 years, CSSPX has underperformed SLYV with an annualized return of 5.48%, while SLYV has yielded a comparatively higher 10.61% annualized return.

CSSPX

• 1D: 0.85%
• 1M: -0.96%
• YTD: 8.27%
• 6M: 8.59%
• 1Y: 10.41%
• 3Y*: 10.49%
• 5Y*: 1.47%
• 10Y*: 5.48%

SLYV

• 1D: -0.21%
• 1M: 2.91%
• YTD: 17.46%
• 6M: 15.89%
• 1Y: 37.37%
• 3Y*: 15.39%
• 5Y*: 6.20%
• 10Y*: 10.61%

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

CSSPX vs. SLYV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSSPX Cohen & Steers Global Realty Shares, Inc.	8.27%	10.61%	0.84%	10.75%	-25.08%	26.46%	-2.35%	24.80%	-3.86%	12.95%
SLYV SPDR S&P 600 Small Cap Value ETF	17.46%	6.54%	7.28%	14.82%	-11.08%	30.57%	2.68%	24.26%	-12.77%	11.74%

Correlation

The correlation between CSSPX and SLYV is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.60

The correlation between CSSPX and SLYV shifts across timeframes, from 0.54 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CSSPX vs. SLYV — Risk / Return Rank

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

CSSPX

CSSPX Risk / Return Rank: 14
CSSPX Sharpe Ratio Rank: 14
CSSPX Sortino Ratio Rank: 13
CSSPX Omega Ratio Rank: 14
CSSPX Calmar Ratio Rank: 13
CSSPX Martin Ratio Rank: 18

SLYV

SLYV Risk / Return Rank: 70
SLYV Sharpe Ratio Rank: 66
SLYV Sortino Ratio Rank: 68
SLYV Omega Ratio Rank: 60
SLYV Calmar Ratio Rank: 80
SLYV Martin Ratio Rank: 74

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.

CSSPX vs. SLYV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Global Realty Shares, Inc. (CSSPX) and SPDR S&P 600 Small Cap Value ETF (SLYV). 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.

	CSSPX	SLYV	Difference
Sharpe ratio: Return per unit of total volatility	0.98	2.06	-1.08
Sortino ratio: Return per unit of downside risk	1.39	2.97	-1.57
Omega ratio: Gain probability vs. loss probability	1.18	1.35	-0.17
Calmar ratio: Return relative to maximum drawdown	1.17	4.01	-2.84
Martin ratio: Return relative to average drawdown	4.30	13.30	-9.00

CSSPX vs. SLYV - Sharpe Ratio Comparison

The current CSSPX Sharpe Ratio is 0.98, which is lower than the SLYV Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of CSSPX and SLYV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSSPX vs. SLYV - Drawdown Comparison

The maximum CSSPX drawdown since its inception was -40.47%, smaller than the maximum SLYV drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for CSSPX and SLYV.

Drawdown Indicators

	CSSPX	SLYV	Difference
Max Drawdown Largest peak-to-trough decline	-40.47%	-61.15%	+20.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	-9.36%	-0.69%
Max Drawdown (3Y) Largest decline over 3 years	-18.16%	-28.68%	+10.52%
Max Drawdown (5Y) Largest decline over 5 years	-32.72%	-28.68%	-4.04%
Max Drawdown (10Y) Largest decline over 10 years	-40.47%	-47.73%	+7.26%
Current Drawdown Current decline from peak	-2.57%	-1.68%	-0.89%
Average Drawdown Average peak-to-trough decline	-8.36%	-8.93%	+0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.82%	-0.09%

Volatility

CSSPX vs. SLYV - Volatility Comparison

The current volatility for Cohen & Steers Global Realty Shares, Inc. (CSSPX) is 4.06%, while SPDR S&P 600 Small Cap Value ETF (SLYV) has a volatility of 4.76%. This indicates that CSSPX experiences smaller price fluctuations and is considered to be less risky than SLYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSSPX	SLYV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	4.76%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	9.32%	11.74%	-2.42%
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	18.28%	-6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	21.91%	-5.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	23.94%	-6.90%

CSSPX vs. SLYV - Expense Ratio Comparison

CSSPX has a 0.90% expense ratio, which is higher than SLYV's 0.15% expense ratio.

Dividends

CSSPX vs. SLYV - Dividend Comparison

CSSPX's dividend yield for the trailing twelve months is around 3.20%, more than SLYV's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSSPX Cohen & Steers Global Realty Shares, Inc.	3.20%	3.46%	2.78%	2.85%	3.02%	3.21%	2.41%	8.61%	3.95%	2.79%	6.89%	2.68%
SLYV SPDR S&P 600 Small Cap Value ETF	1.87%	2.02%	2.30%	2.11%	1.47%	1.94%	1.40%	1.67%	2.14%	5.53%	2.18%	6.55%

Frequently Asked Questions

Can I hold both CSSPX and SLYV in my portfolio?

CSSPX and SLYV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSSPX or SLYV?

SLYV has higher volatility (4.76%) compared to CSSPX (4.06%). In terms of maximum drawdown, CSSPX dropped -40.47% vs SLYV's -61.15%.

Which has better risk-adjusted returns?

SLYV currently has the higher Sharpe Ratio (2.06 vs 0.98), 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.