ERET vs. IFGL

Last updated Jun 5, 2026

ERET (Ishares Environmentally Aware Real Estate ETF) and IFGL (iShares International Developed Real Estate ETF) are both REIT funds from iShares - ERET tracks the FTSE EPRA Nareit Developed Green Target Index while IFGL tracks the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. Both are passively managed. Over the past 3 years, ERET returned 9.19%/yr vs 6.81%/yr for IFGL. A 0.80 correlation means they provide meaningful diversification when combined. ERET charges 0.30%/yr vs 0.48%/yr for IFGL.

Performance

ERET vs. IFGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Environmentally Aware Real Estate ETF (ERET) and iShares International Developed Real Estate ETF (IFGL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ERET achieves a 6.77% return, which is significantly higher than IFGL's -1.93% return.

ERET

• 1D: 0.93%
• 1M: -1.71%
• YTD: 6.77%
• 6M: 7.14%
• 1Y: 11.24%
• 3Y*: 9.19%
• 5Y*: —
• 10Y*: —

IFGL

• 1D: 0.27%
• 1M: -4.66%
• YTD: -1.93%
• 6M: 0.25%
• 1Y: 6.22%
• 3Y*: 6.81%
• 5Y*: -2.60%
• 10Y*: 1.37%

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

ERET vs. IFGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ERET Ishares Environmentally Aware Real Estate ETF	6.77%	10.26%	0.60%	10.25%	0.29%
IFGL iShares International Developed Real Estate ETF	-1.93%	24.31%	-7.25%	5.40%	1.54%

Correlation

The correlation between ERET and IFGL is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Nov 18, 2022	0.80

The correlation between ERET and IFGL has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

ERET vs. IFGL - Sectors Allocation Comparison

Sectors	ERET	IFGL
Real Estate	99.7%	98.9%
Technology	0.2%	1.1%
Consumer Cyclical	0.0%	0.1%
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

ERET vs. IFGL — Risk / Return Rank

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

ERET

ERET Risk / Return Rank: 26
ERET Sharpe Ratio Rank: 27
ERET Sortino Ratio Rank: 26
ERET Omega Ratio Rank: 26
ERET Calmar Ratio Rank: 24
ERET Martin Ratio Rank: 29

IFGL

IFGL Risk / Return Rank: 16
IFGL Sharpe Ratio Rank: 17
IFGL Sortino Ratio Rank: 16
IFGL Omega Ratio Rank: 16
IFGL Calmar Ratio Rank: 15
IFGL Martin Ratio Rank: 16

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.

ERET vs. IFGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Environmentally Aware Real Estate ETF (ERET) 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.

	ERET	IFGL	Difference
Sharpe ratio: Return per unit of total volatility	0.94	0.46	+0.48
Sortino ratio: Return per unit of downside risk	1.34	0.74	+0.60
Omega ratio: Gain probability vs. loss probability	1.17	1.09	+0.08
Calmar ratio: Return relative to maximum drawdown	1.08	0.43	+0.64
Martin ratio: Return relative to average drawdown	4.04	1.32	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ERET vs. IFGL - Sharpe Ratio Comparison

The current ERET Sharpe Ratio is 0.94, which is higher than the IFGL Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of ERET and IFGL, 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

	ERET	IFGL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	0.46	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.04	+0.46

Drawdowns

ERET vs. IFGL - Drawdown Comparison

The maximum ERET drawdown since its inception was -20.30%, smaller than the maximum IFGL drawdown of -67.94%. Use the drawdown chart below to compare losses from any high point for ERET and IFGL.

Drawdown Indicators

	ERET	IFGL	Difference
Max Drawdown Largest peak-to-trough decline	-20.30%	-67.94%	+47.64%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	-14.38%	+3.91%
Max Drawdown (3Y) Largest decline over 3 years	-17.61%	-18.77%	+1.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.38%	—
Current Drawdown Current decline from peak	-3.79%	-14.71%	+10.92%
Average Drawdown Average peak-to-trough decline	-5.83%	-16.67%	+10.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	4.71%	-1.92%

Volatility

ERET vs. IFGL - Volatility Comparison

The current volatility for Ishares Environmentally Aware Real Estate ETF (ERET) is 4.04%, while iShares International Developed Real Estate ETF (IFGL) has a volatility of 4.42%. This indicates that ERET experiences smaller price fluctuations and is considered to be less risky than IFGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ERET	IFGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	4.42%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	9.24%	11.46%	-2.22%
Volatility (1Y) Calculated over the trailing 1-year period	12.06%	13.67%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.77%	16.38%	-0.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.77%	16.59%	-0.82%

ERET vs. IFGL - Expense Ratio Comparison

ERET has a 0.30% expense ratio, which is lower than IFGL's 0.48% expense ratio.

Dividends

ERET vs. IFGL - Dividend Comparison

ERET's dividend yield for the trailing twelve months is around 3.55%, less than IFGL's 3.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ERET Ishares Environmentally Aware Real Estate ETF	3.55%	3.79%	4.26%	3.67%	0.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IFGL iShares International Developed Real Estate ETF	3.89%	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

Can I hold both ERET and IFGL in my portfolio?

ERET and IFGL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ERET or IFGL?

IFGL has higher volatility (4.42%) compared to ERET (4.04%). In terms of maximum drawdown, ERET dropped -20.30% vs IFGL's -67.94%.

Which ETF is better, ERET or IFGL?

On 3-year performance, ERET leads with 9.19% vs 6.81% for IFGL. On fees, ERET is cheaper at 0.30% per year. On volatility, ERET has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ERET or IFGL?

Over the 3-year period, ERET has performed better with a 9.19% return vs 6.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ERET or IFGL?

ERET is cheaper with a 0.30% expense ratio, compared with 0.48% for IFGL.

Which ETF pays a higher dividend yield, ERET or IFGL?

IFGL has the higher dividend yield at 3.89%, compared with 3.55% for ERET.

What is the main difference between ERET and IFGL?

ERET tracks FTSE EPRA Nareit Developed Green Target Index, while IFGL tracks FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. Their fees differ too: 0.30% for ERET and 0.48% for IFGL.

Which has better risk-adjusted returns?

ERET currently has the higher Sharpe Ratio (0.94 vs 0.46), 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.