TGRE.TO vs. REIT.TO
TGRE.TO (TD Active Global Real Estate Equity ETF) and REIT.TO (Global X Equal Weight Canadian REITs Index ETF) are both REIT funds. TGRE.TO is actively managed, while REIT.TO is passively managed. Over the past year, TGRE.TO returned 13.18% vs 15.70% for REIT.TO. At a 0.29 correlation, their price movements are largely independent.
Performance
TGRE.TO vs. REIT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TGRE.TO achieves a 11.82% return, which is significantly lower than REIT.TO's 14.43% return.
TGRE.TO
- 1D
- 0.51%
- 1M
- 0.97%
- 6M
- 7.74%
- YTD
- 11.82%
- 1Y
- 13.18%
- 3Y*
- 10.96%
- 5Y*
- 2.56%
- 10Y*
- —
REIT.TO
- 1D
- -0.53%
- 1M
- 1.81%
- 6M
- 8.60%
- YTD
- 14.43%
- 1Y
- 15.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TGRE.TO vs. REIT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TGRE.TO TD Active Global Real Estate Equity ETF | 11.82% | 1.95% |
REIT.TO Global X Equal Weight Canadian REITs Index ETF | 14.43% | 12.44% |
Correlation
The correlation between TGRE.TO and REIT.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025 | 0.30 |
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
TGRE.TO vs. REIT.TO — Risk / Return Rank
TGRE.TO
REIT.TO
TGRE.TO vs. REIT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Active Global Real Estate Equity ETF (TGRE.TO) and Global X Equal Weight Canadian REITs Index ETF (REIT.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.
| TGRE.TO | REIT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.19 | -0.62 |
| Martin ratioReturn relative to average drawdown | 4.13 | 6.47 | -2.34 |
Loading charts...
Drawdowns
TGRE.TO vs. REIT.TO - Drawdown Comparison
The maximum TGRE.TO drawdown since its inception was -33.49%, which is greater than REIT.TO's maximum drawdown of -7.19%. Use the drawdown chart below to compare losses from any high point for TGRE.TO and REIT.TO.
Loading charts...
Drawdown Indicators
| TGRE.TO | REIT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -7.19% | -26.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -7.19% | -1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -12.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.49% | — | — |
Current DrawdownCurrent decline from peak | -1.17% | -1.46% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -12.77% | -1.58% | -11.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.44% | +0.76% |
Volatility
TGRE.TO vs. REIT.TO - Volatility Comparison
TD Active Global Real Estate Equity ETF (TGRE.TO) has a higher volatility of 3.92% compared to Global X Equal Weight Canadian REITs Index ETF (REIT.TO) at 2.70%. This indicates that TGRE.TO's price experiences larger fluctuations and is considered to be riskier than REIT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TGRE.TO | REIT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 2.70% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 9.71% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.49% | 12.65% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.27% | 12.78% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 12.78% | +4.58% |
Dividends
TGRE.TO vs. REIT.TO - Dividend Comparison
TGRE.TO's dividend yield for the trailing twelve months is around 4.78%, more than REIT.TO's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
REIT.TO Global X Equal Weight Canadian REITs Index ETF | 4.26% | 3.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
TGRE.TO and REIT.TO have a correlation of 0.31, 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: TD and Global X.
Find the right allocation for TGRE.TO and REIT.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