IGF vs. REET

Last updated Jun 9, 2026

IGF (iShares Global Infrastructure ETF) and REET (iShares Global REIT ETF) are both exchange-traded funds - IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index, while REET is a REIT fund tracking the FTSE EPRA/NAREIT Global REIT Index. Both are passively managed. Over the past 10 years, IGF returned 8.26%/yr vs 4.04%/yr for REET. A 0.70 correlation means they provide meaningful diversification when combined. IGF charges 0.39%/yr vs 0.14%/yr for REET.

Performance

IGF vs. REET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Infrastructure ETF (IGF) and iShares Global REIT ETF (REET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGF achieves a 7.07% return, which is significantly lower than REET's 8.47% return. Over the past 10 years, IGF has outperformed REET with an annualized return of 8.26%, while REET has yielded a comparatively lower 4.04% annualized return.

IGF

• 1D: -0.73%
• 1M: -1.91%
• YTD: 7.07%
• 6M: 8.23%
• 1Y: 13.89%
• 3Y*: 15.43%
• 5Y*: 9.75%
• 10Y*: 8.26%

REET

• 1D: -0.88%
• 1M: -1.75%
• YTD: 8.47%
• 6M: 9.73%
• 1Y: 11.75%
• 3Y*: 9.05%
• 5Y*: 1.87%
• 10Y*: 4.04%

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

IGF vs. REET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGF iShares Global Infrastructure ETF	7.07%	21.31%	14.81%	6.14%	-1.26%	11.57%	-6.50%	25.82%	-9.95%	19.31%
REET iShares Global REIT ETF	8.47%	7.97%	2.65%	10.28%	-24.10%	32.43%	-10.48%	24.42%	-5.27%	7.48%

Correlation

The correlation between IGF and REET is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jul 10, 2014	0.70

The correlation between IGF and REET has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.

IGF vs. REET - Sectors Allocation Comparison

Sectors	IGF	REET
Utilities	41.1%	-
Industrials	38.8%	-
Energy	20.1%	-
Real Estate	0.1%	99.8%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	0.2%
Healthcare	-	-
Technology	-	-

Return for Risk

IGF vs. REET — Risk / Return Rank

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

IGF

IGF Risk / Return Rank: 45
IGF Sharpe Ratio Rank: 42
IGF Sortino Ratio Rank: 41
IGF Omega Ratio Rank: 40
IGF Calmar Ratio Rank: 53
IGF Martin Ratio Rank: 47

REET

REET Risk / Return Rank: 30
REET Sharpe Ratio Rank: 29
REET Sortino Ratio Rank: 28
REET Omega Ratio Rank: 28
REET Calmar Ratio Rank: 29
REET Martin Ratio Rank: 34

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.

IGF vs. REET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure ETF (IGF) and iShares Global REIT ETF (REET). 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.

	IGF	REET	Difference
Sharpe ratio: Return per unit of total volatility	1.32	0.97	+0.35
Sortino ratio: Return per unit of downside risk	1.91	1.39	+0.52
Omega ratio: Gain probability vs. loss probability	1.23	1.18	+0.06
Calmar ratio: Return relative to maximum drawdown	2.38	1.31	+1.07
Martin ratio: Return relative to average drawdown	7.08	4.68	+2.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGF vs. REET - Sharpe Ratio Comparison

The current IGF Sharpe Ratio is 1.32, which is higher than the REET Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of IGF and REET, 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

	IGF	REET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.97	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.11	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.22	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.25	-0.01

Drawdowns

IGF vs. REET - Drawdown Comparison

The maximum IGF drawdown since its inception was -58.33%, which is greater than REET's maximum drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for IGF and REET.

Drawdown Indicators

	IGF	REET	Difference
Max Drawdown Largest peak-to-trough decline	-58.33%	-44.59%	-13.74%
Max Drawdown (1Y) Largest decline over 1 year	-5.87%	-9.04%	+3.17%
Max Drawdown (3Y) Largest decline over 3 years	-14.28%	-18.02%	+3.74%
Max Drawdown (5Y) Largest decline over 5 years	-20.83%	-32.11%	+11.28%
Max Drawdown (10Y) Largest decline over 10 years	-42.11%	-44.59%	+2.48%
Current Drawdown Current decline from peak	-5.29%	-2.46%	-2.83%
Average Drawdown Average peak-to-trough decline	-11.87%	-9.78%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	2.52%	-0.55%

Volatility

IGF vs. REET - Volatility Comparison

iShares Global Infrastructure ETF (IGF) and iShares Global REIT ETF (REET) have volatilities of 3.61% and 3.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGF	REET	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	3.56%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	8.90%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	10.56%	12.17%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.00%	16.95%	-2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	18.85%	-2.01%

IGF vs. REET - Expense Ratio Comparison

IGF has a 0.39% expense ratio, which is higher than REET's 0.14% expense ratio.

Dividends

IGF vs. REET - Dividend Comparison

IGF's dividend yield for the trailing twelve months is around 3.01%, less than REET's 3.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGF iShares Global Infrastructure ETF	3.01%	3.23%	3.21%	3.36%	2.67%	2.42%	2.33%	3.27%	3.52%	2.95%	2.98%	3.25%
REET iShares Global REIT ETF	3.41%	3.67%	3.64%	3.27%	2.43%	3.18%	2.65%	5.25%	5.73%	3.84%	5.37%	3.56%

Frequently Asked Questions

Can I hold both IGF and REET in my portfolio?

IGF and REET have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGF or REET?

IGF has higher volatility (3.61%) compared to REET (3.56%). In terms of maximum drawdown, IGF dropped -58.33% vs REET's -44.59%.

Which ETF is better, IGF or REET?

On 10-year performance, IGF leads with 8.26% vs 4.04% for REET. On fees, REET is cheaper at 0.14% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGF or REET?

Over the 10-year period, IGF has performed better with a 8.26% return vs 4.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGF or REET?

REET is cheaper with a 0.14% expense ratio, compared with 0.39% for IGF.

Which ETF pays a higher dividend yield, IGF or REET?

REET has the higher dividend yield at 3.41%, compared with 3.01% for IGF.

What is the main difference between IGF and REET?

IGF is categorized as Industrials Equities, while REET is REIT. IGF tracks S&P Global Infrastructure Index, while REET tracks FTSE EPRA/NAREIT Global REIT Index. Their fees differ too: 0.39% for IGF and 0.14% for REET.

Which has better risk-adjusted returns?

IGF currently has the higher Sharpe Ratio (1.32 vs 0.97), 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.