CVCG.L vs. TREG.L

Last updated Jun 9, 2026

CVCG.L (CVC Income & Growth Limited) is a stock, while TREG.L (VanEck Global Real Estate UCITS ETF) is REIT fund tracking the FTSE EPRA Nareit Global TR USD. Over the past 10 years, CVCG.L returned 7.63%/yr vs 1.80%/yr for TREG.L. At a 0.05 correlation, their price movements are largely independent.

Performance

CVCG.L vs. TREG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in CVC Income & Growth Limited (CVCG.L) and VanEck Global Real Estate UCITS ETF (TREG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CVCG.L is traded in GBp, while TREG.L is traded in GBP. To make them comparable, the TREG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CVCG.L achieves a 2.23% return, which is significantly lower than TREG.L's 5.14% return. Over the past 10 years, CVCG.L has outperformed TREG.L with an annualized return of 7.63%, while TREG.L has yielded a comparatively lower 1.80% annualized return.

CVCG.L

• 1D: 0.43%
• 1M: 1.75%
• YTD: 2.23%
• 6M: 2.23%
• 1Y: 5.86%
• 3Y*: 14.57%
• 5Y*: 9.80%
• 10Y*: 7.63%

TREG.L

• 1D: -0.70%
• 1M: -1.40%
• YTD: 5.14%
• 6M: 4.79%
• 1Y: 12.51%
• 3Y*: 8.30%
• 5Y*: 3.06%
• 10Y*: 1.80%

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

CVCG.L vs. TREG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVCG.L CVC Income & Growth Limited	2.23%	7.43%	29.84%	16.66%	-8.32%	16.00%	0.13%	-4.12%	-0.03%	14.08%
TREG.L VanEck Global Real Estate UCITS ETF	5.14%	6.64%	2.78%	7.62%	-16.75%	31.33%	-10.05%	3.51%	-0.21%	-4.12%

Correlation

The correlation between CVCG.L and TREG.L is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 26, 2013	0.05

Return for Risk

CVCG.L vs. TREG.L — Risk / Return Rank

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

CVCG.L

CVCG.L Risk / Return Rank: 57
CVCG.L Sharpe Ratio Rank: 58
CVCG.L Sortino Ratio Rank: 50
CVCG.L Omega Ratio Rank: 53
CVCG.L Calmar Ratio Rank: 55
CVCG.L Martin Ratio Rank: 67

TREG.L

TREG.L Risk / Return Rank: 31
TREG.L Sharpe Ratio Rank: 33
TREG.L Sortino Ratio Rank: 33
TREG.L Omega Ratio Rank: 31
TREG.L Calmar Ratio Rank: 30
TREG.L Martin Ratio Rank: 31

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.

CVCG.L vs. TREG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CVC Income & Growth Limited (CVCG.L) and VanEck Global Real Estate UCITS ETF (TREG.L). 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.

	CVCG.L	TREG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.44	1.08	-0.64
Sortino ratio: Return per unit of downside risk	0.75	1.61	-0.86
Omega ratio: Gain probability vs. loss probability	1.12	1.19	-0.07
Calmar ratio: Return relative to maximum drawdown	0.55	1.33	-0.78
Martin ratio: Return relative to average drawdown	2.89	4.25	-1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVCG.L vs. TREG.L - Sharpe Ratio Comparison

The current CVCG.L Sharpe Ratio is 0.44, which is lower than the TREG.L Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CVCG.L and TREG.L, 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

	CVCG.L	TREG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	1.08	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.21	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.11	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.27	+0.03

Drawdowns

CVCG.L vs. TREG.L - Drawdown Comparison

The maximum CVCG.L drawdown since its inception was -45.23%, which is greater than TREG.L's maximum drawdown of -38.57%. Use the drawdown chart below to compare losses from any high point for CVCG.L and TREG.L.

Drawdown Indicators

	CVCG.L	TREG.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.23%	-38.57%	-6.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.61%	-9.39%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-10.61%	-15.31%	+4.70%
Max Drawdown (5Y) Largest decline over 5 years	-17.42%	-26.89%	+9.47%
Max Drawdown (10Y) Largest decline over 10 years	-45.23%	-35.67%	-9.56%
Current Drawdown Current decline from peak	0.00%	-4.89%	+4.89%
Average Drawdown Average peak-to-trough decline	-4.26%	-11.04%	+6.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.93%	-0.91%

Volatility

CVCG.L vs. TREG.L - Volatility Comparison

CVC Income & Growth Limited (CVCG.L) has a higher volatility of 3.65% compared to VanEck Global Real Estate UCITS ETF (TREG.L) at 3.45%. This indicates that CVCG.L's price experiences larger fluctuations and is considered to be riskier than TREG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVCG.L	TREG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	3.45%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	12.03%	9.28%	+2.75%
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	11.55%	+1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.98%	14.68%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.78%	16.03%	+7.75%

Dividends

CVCG.L vs. TREG.L - Dividend Comparison

CVCG.L's dividend yield for the trailing twelve months is around 8.36%, more than TREG.L's 3.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVCG.L CVC Income & Growth Limited	8.36%	8.64%	7.58%	7.07%	4.83%	3.77%	4.53%	4.86%	4.48%	4.06%	4.95%	3.59%
TREG.L VanEck Global Real Estate UCITS ETF	3.47%	3.57%	3.48%	3.64%	4.54%	1.82%	4.49%	3.41%	3.83%	2.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CVCG.L and TREG.L in my portfolio?

CVCG.L and TREG.L have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.