MREL.TO vs. CGR.TO
Compare and contrast key facts about Middlefield Real Estate Dividend ETF (MREL.TO) and iShares Global Real Estate Index ETF (CGR.TO).
MREL.TO and CGR.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MREL.TO is an actively managed fund by Middlefield. It was launched on Apr 20, 2011. CGR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar DM REIT NR CAD. It was launched on Aug 26, 2008.
Performance
MREL.TO vs. CGR.TO - Performance Comparison
Loading graphics...
MREL.TO vs. CGR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MREL.TO Middlefield Real Estate Dividend ETF | 1.55% | 13.13% | 6.12% | 7.86% | -20.87% | 36.36% | -3.77% | 20.10% | 5.79% | 10.44% |
CGR.TO iShares Global Real Estate Index ETF | 3.43% | 2.56% | 9.99% | 7.58% | -21.75% | 28.98% | -9.40% | 14.90% | 2.92% | 3.32% |
Returns By Period
In the year-to-date period, MREL.TO achieves a 1.55% return, which is significantly lower than CGR.TO's 3.43% return. Over the past 10 years, MREL.TO has outperformed CGR.TO with an annualized return of 7.05%, while CGR.TO has yielded a comparatively lower 3.56% annualized return.
MREL.TO
- 1D
- 1.37%
- 1M
- -4.68%
- YTD
- 1.55%
- 6M
- 2.16%
- 1Y
- 12.01%
- 3Y*
- 8.29%
- 5Y*
- 5.73%
- 10Y*
- 7.05%
CGR.TO
- 1D
- 2.33%
- 1M
- -6.96%
- YTD
- 3.43%
- 6M
- 0.51%
- 1Y
- 3.51%
- 3Y*
- 7.87%
- 5Y*
- 3.85%
- 10Y*
- 3.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MREL.TO vs. CGR.TO - Expense Ratio Comparison
Return for Risk
MREL.TO vs. CGR.TO — Risk / Return Rank
MREL.TO
CGR.TO
MREL.TO vs. CGR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Middlefield Real Estate Dividend ETF (MREL.TO) and iShares Global Real Estate Index ETF (CGR.TO). 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.
| MREL.TO | CGR.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 0.24 | +0.60 |
Sortino ratioReturn per unit of downside risk | 1.25 | 0.42 | +0.82 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 0.39 | +0.89 |
Martin ratioReturn relative to average drawdown | 5.02 | 1.31 | +3.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MREL.TO | CGR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 0.24 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.26 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.22 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.27 | +0.28 |
Correlation
The correlation between MREL.TO and CGR.TO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MREL.TO vs. CGR.TO - Dividend Comparison
MREL.TO's dividend yield for the trailing twelve months is around 6.54%, more than CGR.TO's 2.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MREL.TO Middlefield Real Estate Dividend ETF | 6.54% | 7.16% | 7.53% | 7.42% | 8.66% | 5.43% | 6.97% | 6.06% | 6.29% | 6.27% | 6.50% | 6.35% |
CGR.TO iShares Global Real Estate Index ETF | 2.43% | 2.51% | 2.52% | 2.59% | 2.40% | 1.70% | 2.22% | 2.10% | 2.54% | 4.25% | 2.83% | 2.97% |
Drawdowns
MREL.TO vs. CGR.TO - Drawdown Comparison
The maximum MREL.TO drawdown since its inception was -35.00%, smaller than the maximum CGR.TO drawdown of -52.90%. Use the drawdown chart below to compare losses from any high point for MREL.TO and CGR.TO.
Loading graphics...
Drawdown Indicators
| MREL.TO | CGR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.00% | -52.90% | +17.90% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -11.05% | +1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -28.81% | -28.76% | -0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -35.00% | -33.71% | -1.29% |
Current DrawdownCurrent decline from peak | -5.18% | -6.96% | +1.78% |
Average DrawdownAverage peak-to-trough decline | -6.61% | -10.06% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 3.30% | -0.92% |
Volatility
MREL.TO vs. CGR.TO - Volatility Comparison
The current volatility for Middlefield Real Estate Dividend ETF (MREL.TO) is 5.16%, while iShares Global Real Estate Index ETF (CGR.TO) has a volatility of 5.64%. This indicates that MREL.TO experiences smaller price fluctuations and is considered to be less risky than CGR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MREL.TO | CGR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 5.64% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 10.00% | 9.08% | +0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.43% | 14.72% | -0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.09% | 14.95% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.45% | 16.53% | -1.08% |