TRET.DE vs. CSYZ.DE

Last updated Jun 5, 2026

TRET.DE (VanEck Global Real Estate UCITS ETF) and CSYZ.DE (CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD) are both REIT funds - TRET.DE tracks the GPR Global 100 while CSYZ.DE tracks the FTSE EPRA Nareit Developed Green. Both are passively managed. Over the past 5 years, TRET.DE returned 3.26%/yr vs 0.05%/yr for CSYZ.DE. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

TRET.DE vs. CSYZ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Global Real Estate UCITS ETF (TRET.DE) and CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD (CSYZ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRET.DE achieves a 5.31% return, which is significantly lower than CSYZ.DE's 7.36% return.

TRET.DE

• 1D: 0.19%
• 1M: -1.75%
• YTD: 5.31%
• 6M: 4.13%
• 1Y: 8.78%
• 3Y*: 7.84%
• 5Y*: 3.26%
• 10Y*: —

CSYZ.DE

• 1D: 0.21%
• 1M: -0.49%
• YTD: 7.36%
• 6M: 6.96%
• 1Y: 6.45%
• 3Y*: 3.23%
• 5Y*: 0.05%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRET.DE vs. CSYZ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TRET.DE VanEck Global Real Estate UCITS ETF	5.31%	1.87%	6.86%	9.89%	-21.28%	40.76%	7.04%
CSYZ.DE CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD	7.36%	-5.02%	2.47%	4.08%	-19.53%	36.67%	5.48%

Correlation

The correlation between TRET.DE and CSYZ.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020	0.94

The correlation between TRET.DE and CSYZ.DE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

TRET.DE vs. CSYZ.DE — Risk / Return Rank

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

TRET.DE

TRET.DE Risk / Return Rank: 23
TRET.DE Sharpe Ratio Rank: 22
TRET.DE Sortino Ratio Rank: 22
TRET.DE Omega Ratio Rank: 21
TRET.DE Calmar Ratio Rank: 23
TRET.DE Martin Ratio Rank: 25

CSYZ.DE

CSYZ.DE Risk / Return Rank: 19
CSYZ.DE Sharpe Ratio Rank: 19
CSYZ.DE Sortino Ratio Rank: 18
CSYZ.DE Omega Ratio Rank: 17
CSYZ.DE Calmar Ratio Rank: 19
CSYZ.DE Martin Ratio Rank: 20

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.

TRET.DE vs. CSYZ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Global Real Estate UCITS ETF (TRET.DE) and CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD (CSYZ.DE). 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.

	TRET.DE	CSYZ.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.75	0.57	+0.18
Sortino ratio: Return per unit of downside risk	1.13	0.87	+0.26
Omega ratio: Gain probability vs. loss probability	1.13	1.10	+0.03
Calmar ratio: Return relative to maximum drawdown	1.05	0.80	+0.25
Martin ratio: Return relative to average drawdown	3.38	2.28	+1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRET.DE vs. CSYZ.DE - Sharpe Ratio Comparison

The current TRET.DE Sharpe Ratio is 0.75, which is higher than the CSYZ.DE Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of TRET.DE and CSYZ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRET.DE	CSYZ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	0.57	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.00	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.26	-0.04

Drawdowns

TRET.DE vs. CSYZ.DE - Drawdown Comparison

The maximum TRET.DE drawdown since its inception was -41.75%, which is greater than CSYZ.DE's maximum drawdown of -31.21%. Use the drawdown chart below to compare losses from any high point for TRET.DE and CSYZ.DE.

Drawdown Indicators

	TRET.DE	CSYZ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-41.75%	-31.21%	-10.54%
Max Drawdown (1Y) Largest decline over 1 year	-8.35%	-8.07%	-0.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.60%	-20.14%	+1.54%
Max Drawdown (5Y) Largest decline over 5 years	-30.36%	-31.21%	+0.85%
Current Drawdown Current decline from peak	-4.46%	-15.10%	+10.64%
Average Drawdown Average peak-to-trough decline	-12.19%	-13.84%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.82%	-0.23%

Volatility

TRET.DE vs. CSYZ.DE - Volatility Comparison

VanEck Global Real Estate UCITS ETF (TRET.DE) has a higher volatility of 3.05% compared to CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD (CSYZ.DE) at 2.84%. This indicates that TRET.DE's price experiences larger fluctuations and is considered to be riskier than CSYZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRET.DE	CSYZ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	2.84%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.21%	8.54%	+0.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.66%	11.29%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.15%	15.03%	+0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.83%	15.22%	+2.61%

TRET.DE vs. CSYZ.DE - Expense Ratio Comparison

Both TRET.DE and CSYZ.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

TRET.DE vs. CSYZ.DE - Dividend Comparison

TRET.DE's dividend yield for the trailing twelve months is around 3.48%, more than CSYZ.DE's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CSYZ.DE CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF A USD	1.01%	1.32%	0.00%	0.76%	3.39%	0.21%	0.00%	0.00%
TRET.DE VanEck Global Real Estate UCITS ETF	3.48%	3.66%	3.44%	3.66%	4.69%	1.78%	4.45%	3.31%

Frequently Asked Questions

Can I hold both TRET.DE and CSYZ.DE in my portfolio?

With a correlation of 0.92, TRET.DE and CSYZ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TRET.DE or CSYZ.DE?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRET.DE or CSYZ.DE?

TRET.DE and CSYZ.DE have the same expense ratio: 0.25% per year.

What is the main difference between TRET.DE and CSYZ.DE?

TRET.DE tracks GPR Global 100, while CSYZ.DE tracks FTSE EPRA Nareit Developed Green. They also come from different issuers: VanEck and Credit Suisse.