IGR vs. O
IGR (CBRE Global Real Estate Income Fund) is REIT fund managed by CBRE, while O (Realty Income Corporation) is a stock. Over the past 10 years, IGR returned 5.38%/yr vs 4.38%/yr for O. Their 0.49 correlation means their historical movements had little consistent relationship.
Performance
IGR vs. O - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IGR having a 16.58% return and O slightly lower at 16.06%. Over the past 10 years, IGR has outperformed O with an annualized return of 5.38%, while O has yielded a comparatively lower 4.38% annualized return.
IGR
- 1D
- -0.21%
- 1M
- 2.37%
- 6M
- 5.72%
- YTD
- 16.58%
- 1Y
- 12.99%
- 3Y*
- 10.35%
- 5Y*
- 0.72%
- 10Y*
- 5.38%
- ALL TIME*
- 5.28%
O
- 1D
- -0.61%
- 1M
- -0.14%
- 6M
- 7.60%
- YTD
- 16.06%
- 1Y
- 18.36%
- 3Y*
- 8.20%
- 5Y*
- 3.84%
- 10Y*
- 4.38%
- ALL TIME*
- 13.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.00M | $2.12M | $2.49M | |
| $299.18M | $323.42M | $373.05M |
IGR vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGR CBRE Global Real Estate Income Fund | 16.58% | 5.24% | 1.19% | 15.91% | -35.51% | 52.83% | -5.27% | 41.04% | -15.51% | 17.32% |
O Realty Income Corporation | 16.06% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between IGR and O is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2004 | 0.49 |
The correlation between IGR and O shifts across timeframes, from 0.45 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IGR vs. O — Risk / Return Rank
IGR
O
IGR vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBRE Global Real Estate Income Fund (IGR) and Realty Income Corporation (O). 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 | O | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 1.66 | -0.85 |
| Martin ratioReturn relative to average drawdown | 2.12 | 3.77 | -1.66 |
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Drawdowns
IGR vs. O - Drawdown Comparison
The maximum IGR drawdown since its inception was -87.17%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for IGR and O.
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Drawdown Indicators
| IGR | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.17% | -48.45% | -38.72% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -11.10% | -5.02% |
Max Drawdown (3Y)Largest decline over 3 years | -29.54% | -22.36% | -7.18% |
Max Drawdown (5Y)Largest decline over 5 years | -47.61% | -34.48% | -13.13% |
Max Drawdown (10Y)Largest decline over 10 years | -54.29% | -48.28% | -6.01% |
Current DrawdownCurrent decline from peak | -7.21% | -3.98% | -3.23% |
Average DrawdownAverage peak-to-trough decline | -24.38% | -9.18% | -15.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 4.88% | +1.27% |
Volatility
IGR vs. O - Volatility Comparison
The current volatility for CBRE Global Real Estate Income Fund (IGR) is 4.09%, while Realty Income Corporation (O) has a volatility of 5.48%. This indicates that IGR experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGR | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 5.48% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 14.16% | 12.88% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.41% | 16.52% | +1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.80% | 19.04% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.44% | 25.66% | -1.22% |
Dividends
IGR vs. O - Dividend Comparison
IGR's dividend yield for the trailing twelve months is around 15.42%, more than O's 5.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGR CBRE Global Real Estate Income Fund | 15.42% | 16.44% | 14.97% | 15.38% | 12.22% | 6.13% | 8.72% | 7.48% | 9.74% | 7.58% | 8.84% | 7.46% |
O Realty Income Corporation | 5.11% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
Frequently Asked Questions
IGR and O have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.48%) compared to IGR (4.09%). In terms of maximum drawdown, IGR dropped -87.17% vs O's -48.45%.
O currently has the higher Sharpe Ratio (1.12 vs 0.71), 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.
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