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MREL.TO vs. HGR.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MREL.TO vs. HGR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Middlefield Real Estate Dividend ETF (MREL.TO) and Harvest Global REIT Leaders Income ETF (HGR.TO). The values are adjusted to include any dividend payments, if applicable.

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MREL.TO vs. HGR.TO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%2.37%
HGR.TO
Harvest Global REIT Leaders Income ETF
-1.57%-0.91%2.46%4.01%-31.59%24.87%-8.27%22.05%-5.71%3.95%

Returns By Period

In the year-to-date period, MREL.TO achieves a 1.55% return, which is significantly higher than HGR.TO's -1.57% 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%

HGR.TO

1D
0.00%
1M
-8.05%
YTD
-1.57%
6M
-5.11%
1Y
-6.27%
3Y*
1.69%
5Y*
-2.37%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MREL.TO vs. HGR.TO - Expense Ratio Comparison


Return for Risk

MREL.TO vs. HGR.TO — Risk / Return Rank

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

MREL.TO
MREL.TO Risk / Return Rank: 4444
Overall Rank
MREL.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
MREL.TO Sortino Ratio Rank: 4343
Sortino Ratio Rank
MREL.TO Omega Ratio Rank: 3737
Omega Ratio Rank
MREL.TO Calmar Ratio Rank: 4848
Calmar Ratio Rank
MREL.TO Martin Ratio Rank: 5050
Martin Ratio Rank

HGR.TO
HGR.TO Risk / Return Rank: 44
Overall Rank
HGR.TO Sharpe Ratio Rank: 55
Sharpe Ratio Rank
HGR.TO Sortino Ratio Rank: 44
Sortino Ratio Rank
HGR.TO Omega Ratio Rank: 44
Omega Ratio Rank
HGR.TO Calmar Ratio Rank: 44
Calmar Ratio Rank
HGR.TO Martin Ratio Rank: 11
Martin Ratio Rank
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.

MREL.TO vs. HGR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Middlefield Real Estate Dividend ETF (MREL.TO) and Harvest Global REIT Leaders Income ETF (HGR.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.TOHGR.TODifference

Sharpe ratio

Return per unit of total volatility

0.84

-0.43

+1.27

Sortino ratio

Return per unit of downside risk

1.25

-0.51

+1.76

Omega ratio

Gain probability vs. loss probability

1.16

0.94

+0.22

Calmar ratio

Return relative to maximum drawdown

1.28

-0.53

+1.81

Martin ratio

Return relative to average drawdown

5.02

-1.53

+6.56

MREL.TO vs. HGR.TO - Sharpe Ratio Comparison

The current MREL.TO Sharpe Ratio is 0.84, which is higher than the HGR.TO Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of MREL.TO and HGR.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MREL.TOHGR.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.84

-0.43

+1.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

-0.14

+0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

-0.02

+0.57

Correlation

The correlation between MREL.TO and HGR.TO is 0.49, 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. HGR.TO - Dividend Comparison

MREL.TO's dividend yield for the trailing twelve months is around 6.54%, less than HGR.TO's 10.69% yield.


TTM20252024202320222021202020192018201720162015
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%
HGR.TO
Harvest Global REIT Leaders Income ETF
10.69%10.35%9.32%8.72%8.30%5.28%6.22%5.36%6.19%2.75%0.00%0.00%

Drawdowns

MREL.TO vs. HGR.TO - Drawdown Comparison

The maximum MREL.TO drawdown since its inception was -35.00%, smaller than the maximum HGR.TO drawdown of -41.33%. Use the drawdown chart below to compare losses from any high point for MREL.TO and HGR.TO.


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Drawdown Indicators


MREL.TOHGR.TODifference

Max Drawdown

Largest peak-to-trough decline

-35.00%

-41.33%

+6.33%

Max Drawdown (1Y)

Largest decline over 1 year

-9.32%

-9.87%

+0.55%

Max Drawdown (5Y)

Largest decline over 5 years

-28.81%

-41.33%

+12.52%

Max Drawdown (10Y)

Largest decline over 10 years

-35.00%

Current Drawdown

Current decline from peak

-5.18%

-29.16%

+23.98%

Average Drawdown

Average peak-to-trough decline

-6.61%

-16.67%

+10.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

3.51%

-1.13%

Volatility

MREL.TO vs. HGR.TO - Volatility Comparison

Middlefield Real Estate Dividend ETF (MREL.TO) has a higher volatility of 5.16% compared to Harvest Global REIT Leaders Income ETF (HGR.TO) at 3.14%. This indicates that MREL.TO's price experiences larger fluctuations and is considered to be riskier than HGR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MREL.TOHGR.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.16%

3.14%

+2.02%

Volatility (6M)

Calculated over the trailing 6-month period

10.00%

10.23%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

14.43%

14.69%

-0.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.09%

16.77%

-1.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.45%

18.39%

-2.94%