RIT.TO vs. TGRE.TO
RIT.TO (CI Canadian REIT ETF) and TGRE.TO (TD Active Global Real Estate Equity ETF) are both REIT funds. Both are actively managed. Over the past 5 years, RIT.TO returned 3.50%/yr vs 2.56%/yr for TGRE.TO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
RIT.TO vs. TGRE.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RIT.TO achieves a 13.24% return, which is significantly higher than TGRE.TO's 11.82% return.
RIT.TO
- 1D
- 0.11%
- 1M
- 2.59%
- 6M
- 7.69%
- YTD
- 13.24%
- 1Y
- 13.66%
- 3Y*
- 9.72%
- 5Y*
- 3.50%
- 10Y*
- 6.83%
TGRE.TO
- 1D
- 0.51%
- 1M
- 0.97%
- 6M
- 7.74%
- YTD
- 11.82%
- 1Y
- 13.18%
- 3Y*
- 10.96%
- 5Y*
- 2.56%
- 10Y*
- —
RIT.TO vs. TGRE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RIT.TO CI Canadian REIT ETF | 13.24% | 11.98% | 2.51% | 5.37% | -20.71% | 34.40% | -6.80% | -1.08% |
TGRE.TO TD Active Global Real Estate Equity ETF | 11.82% | 0.39% | 14.77% | 8.69% | -27.34% | 32.66% | 2.37% | -0.70% |
Correlation
The correlation between RIT.TO and TGRE.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2019 | 0.51 |
The correlation between RIT.TO and TGRE.TO has been stable across timeframes, ranging from 0.48 to 0.53 - a consistent structural relationship.
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
RIT.TO vs. TGRE.TO — Risk / Return Rank
RIT.TO
TGRE.TO
RIT.TO vs. TGRE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Canadian REIT ETF (RIT.TO) and TD Active Global Real Estate Equity ETF (TGRE.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.
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.
| RIT.TO | TGRE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.17 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.58 | +0.33 |
| Martin ratioReturn relative to average drawdown | 5.54 | 4.13 | +1.41 |
Loading charts...
Drawdowns
RIT.TO vs. TGRE.TO - Drawdown Comparison
The maximum RIT.TO drawdown since its inception was -58.76%, which is greater than TGRE.TO's maximum drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for RIT.TO and TGRE.TO.
Loading charts...
Drawdown Indicators
| RIT.TO | TGRE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.76% | -33.49% | -25.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -8.40% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -17.16% | -12.62% | -4.54% |
Max Drawdown (5Y)Largest decline over 5 years | -30.73% | -33.49% | +2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -40.90% | — | — |
Current DrawdownCurrent decline from peak | -1.02% | -1.17% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -12.77% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.20% | -0.72% |
Volatility
RIT.TO vs. TGRE.TO - Volatility Comparison
The current volatility for CI Canadian REIT ETF (RIT.TO) is 3.03%, while TD Active Global Real Estate Equity ETF (TGRE.TO) has a volatility of 3.92%. This indicates that RIT.TO experiences smaller price fluctuations and is considered to be less risky than TGRE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RIT.TO | TGRE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 3.92% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 10.58% | -2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.62% | 13.49% | -2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.70% | 15.27% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.47% | 17.36% | -1.89% |
Dividends
RIT.TO vs. TGRE.TO - Dividend Comparison
RIT.TO's dividend yield for the trailing twelve months is around 4.38%, less than TGRE.TO's 4.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIT.TO CI Canadian REIT ETF | 4.38% | 4.85% | 5.17% | 5.04% | 5.08% | 3.85% | 4.94% | 4.35% | 5.12% | 5.09% | 5.30% | 4.78% |
TGRE.TO TD Active Global Real Estate Equity ETF | 4.78% | 5.21% | 4.50% | 4.93% | 5.00% | 1.92% | 2.04% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RIT.TO and TGRE.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: CI Investments and TD.
Find the right allocation for RIT.TO and TGRE.TO
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