IGR vs. NPCT
IGR (CBRE Global Real Estate Income Fund) and NPCT (Nuveen Core Plus Impact Fund) are both mutual funds - IGR is a REIT fund managed by CBRE, while NPCT is a Intermediate Core-Plus Bond fund actively managed by Nuveen. Over the past 5 years, IGR returned 0.94%/yr vs -3.47%/yr for NPCT. At a 0.41 correlation, their price movements are largely independent. IGR charges 0.04%/yr vs 5.08%/yr for NPCT.
Performance
IGR vs. NPCT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGR achieves a 16.83% return, which is significantly higher than NPCT's 2.61% return.
IGR
- 1D
- -0.43%
- 1M
- 5.56%
- 6M
- 5.50%
- YTD
- 16.83%
- 1Y
- 11.15%
- 3Y*
- 9.68%
- 5Y*
- 0.94%
- 10Y*
- 5.36%
- ALL TIME*
- 5.30%
NPCT
- 1D
- 0.10%
- 1M
- 0.19%
- 6M
- 1.62%
- YTD
- 2.61%
- 1Y
- -1.24%
- 3Y*
- 11.48%
- 5Y*
- -3.47%
- 10Y*
- —
- ALL TIME*
- -3.15%
IGR vs. NPCT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGR CBRE Global Real Estate Income Fund | 16.83% | 5.24% | 1.19% | 15.91% | -35.51% | 26.86% |
NPCT Nuveen Core Plus Impact Fund | 2.61% | 9.87% | 17.23% | 7.78% | -37.50% | -4.98% |
Correlation
The correlation between IGR and NPCT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2021 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGR vs. NPCT — Risk / Return Rank
IGR
NPCT
IGR vs. NPCT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBRE Global Real Estate Income Fund (IGR) and Nuveen Core Plus Impact Fund (NPCT). 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.
| IGR | NPCT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.99 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | -0.18 | +0.88 |
| Martin ratioReturn relative to average drawdown | 1.80 | -0.41 | +2.21 |
Loading charts...
Drawdowns
IGR vs. NPCT - Drawdown Comparison
The maximum IGR drawdown since its inception was -87.17%, which is greater than NPCT's maximum drawdown of -46.77%. Use the drawdown chart below to compare losses from any high point for IGR and NPCT.
Loading charts...
Drawdown Indicators
| IGR | NPCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.17% | -46.77% | -40.40% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -6.79% | -9.33% |
Max Drawdown (3Y)Largest decline over 3 years | -29.54% | -12.42% | -17.12% |
Max Drawdown (5Y)Largest decline over 5 years | -47.61% | -46.50% | -1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -54.29% | — | — |
Current DrawdownCurrent decline from peak | -7.01% | -16.70% | +9.69% |
Average DrawdownAverage peak-to-trough decline | -24.41% | -25.00% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.21% | 3.05% | +3.16% |
Volatility
IGR vs. NPCT - Volatility Comparison
CBRE Global Real Estate Income Fund (IGR) has a higher volatility of 3.73% compared to Nuveen Core Plus Impact Fund (NPCT) at 2.40%. This indicates that IGR's price experiences larger fluctuations and is considered to be riskier than NPCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGR | NPCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 2.40% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.15% | 7.50% | +6.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.42% | 9.32% | +9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.77% | 13.09% | +11.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.44% | 12.98% | +11.46% |
IGR vs. NPCT - Expense Ratio Comparison
IGR has a 0.04% expense ratio, which is lower than NPCT's 5.08% expense ratio.
Dividends
IGR vs. NPCT - Dividend Comparison
IGR's dividend yield for the trailing twelve months is around 16.67%, more than NPCT's 12.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGR CBRE Global Real Estate Income Fund | 16.67% | 16.44% | 14.97% | 15.38% | 12.22% | 6.13% | 8.72% | 7.48% | 9.74% | 7.58% | 8.84% | 7.46% |
NPCT Nuveen Core Plus Impact Fund | 12.30% | 13.15% | 12.20% | 10.28% | 11.93% | 3.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGR and NPCT have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGR has higher volatility (3.73%) compared to NPCT (2.40%). In terms of maximum drawdown, IGR dropped -87.17% vs NPCT's -46.77%.
IGR currently has the higher Sharpe Ratio (0.61 vs -0.13), 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.
Find the right allocation for IGR and NPCT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer