VGISX vs. CREEX

Last updated Jul 15, 2026

VGISX (Virtus Duff & Phelps Global Real Estate Securities Fund) and CREEX (Columbia Real Estate Equity Fund) are both REIT funds. Over the past 10 years, VGISX returned 5.77%/yr vs 5.78%/yr for CREEX. Their correlation of 0.93 suggests significant overlap in exposure. VGISX charges 1.16%/yr vs 1.01%/yr for CREEX.

Performance

VGISX vs. CREEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Duff & Phelps Global Real Estate Securities Fund (VGISX) and Columbia Real Estate Equity Fund (CREEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGISX achieves a 12.55% return, which is significantly lower than CREEX's 18.89% return. Both investments have delivered pretty close results over the past 10 years, with VGISX having a 5.77% annualized return and CREEX not far ahead at 5.78%.

VGISX

• 1D: 0.18%
• 1M: 0.72%
• 6M: 10.62%
• YTD: 12.55%
• 1Y: 15.27%
• 3Y*: 10.11%
• 5Y*: 2.36%
• 10Y*: 5.77%

CREEX

• 1D: 0.56%
• 1M: 1.70%
• 6M: 16.63%
• YTD: 18.89%
• 1Y: 19.90%
• 3Y*: 10.17%
• 5Y*: 4.86%
• 10Y*: 5.78%

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

VGISX vs. CREEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGISX Virtus Duff & Phelps Global Real Estate Securities Fund	12.55%	9.48%	3.58%	10.19%	-26.86%	31.60%	-0.97%	29.80%	-4.73%	13.01%
CREEX Columbia Real Estate Equity Fund	18.89%	0.19%	7.40%	16.20%	-25.10%	41.91%	-3.54%	28.40%	-7.21%	4.56%

Correlation

The correlation between VGISX and CREEX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Mar 3, 2009	0.93

The correlation between VGISX and CREEX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

VGISX vs. CREEX — Risk / Return Rank

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

VGISX

VGISX Risk / Return Rank: 33
VGISX Sharpe Ratio Rank: 36
VGISX Sortino Ratio Rank: 33
VGISX Omega Ratio Rank: 35
VGISX Calmar Ratio Rank: 30
VGISX Martin Ratio Rank: 33

CREEX

CREEX Risk / Return Rank: 49
CREEX Sharpe Ratio Rank: 44
CREEX Sortino Ratio Rank: 40
CREEX Omega Ratio Rank: 39
CREEX Calmar Ratio Rank: 72
CREEX Martin Ratio Rank: 50

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.

VGISX vs. CREEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Global Real Estate Securities Fund (VGISX) and Columbia Real Estate Equity Fund (CREEX). 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.

	VGISX	CREEX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.46	-0.15
Sortino ratio: Return per unit of downside risk	1.82	2.02	-0.19
Omega ratio: Gain probability vs. loss probability	1.24	1.25	-0.02
Calmar ratio: Return relative to maximum drawdown	1.57	2.61	-1.04
Martin ratio: Return relative to average drawdown	5.77	8.16	-2.40

VGISX vs. CREEX - Sharpe Ratio Comparison

The current VGISX Sharpe Ratio is 1.31, which is comparable to the CREEX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of VGISX and CREEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VGISX vs. CREEX - Drawdown Comparison

The maximum VGISX drawdown since its inception was -41.61%, smaller than the maximum CREEX drawdown of -70.78%. Use the drawdown chart below to compare losses from any high point for VGISX and CREEX.

Drawdown Indicators

	VGISX	CREEX	Difference
Max Drawdown Largest peak-to-trough decline	-41.61%	-70.78%	+29.17%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	-7.94%	-2.22%
Max Drawdown (3Y) Largest decline over 3 years	-17.37%	-19.89%	+2.52%
Max Drawdown (5Y) Largest decline over 5 years	-34.67%	-31.25%	-3.42%
Max Drawdown (10Y) Largest decline over 10 years	-41.61%	-41.42%	-0.19%
Current Drawdown Current decline from peak	-0.86%	-0.82%	-0.04%
Average Drawdown Average peak-to-trough decline	-7.87%	-10.69%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	2.54%	+0.22%

Volatility

VGISX vs. CREEX - Volatility Comparison

The current volatility for Virtus Duff & Phelps Global Real Estate Securities Fund (VGISX) is 3.91%, while Columbia Real Estate Equity Fund (CREEX) has a volatility of 4.83%. This indicates that VGISX experiences smaller price fluctuations and is considered to be less risky than CREEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGISX	CREEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	4.83%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	9.66%	10.58%	-0.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	14.23%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	19.09%	-2.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	20.70%	-2.95%

VGISX vs. CREEX - Expense Ratio Comparison

VGISX has a 1.16% expense ratio, which is higher than CREEX's 1.01% expense ratio.

Dividends

VGISX vs. CREEX - Dividend Comparison

VGISX's dividend yield for the trailing twelve months is around 2.40%, less than CREEX's 5.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CREEX Columbia Real Estate Equity Fund	5.64%	6.26%	10.13%	32.32%	5.92%	6.41%	7.50%	12.02%	8.22%	14.73%	4.23%	8.59%
VGISX Virtus Duff & Phelps Global Real Estate Securities Fund	2.40%	2.70%	2.44%	1.96%	0.82%	3.17%	0.54%	7.66%	3.45%	2.97%	2.58%	3.01%

Frequently Asked Questions

Can I hold both VGISX and CREEX in my portfolio?

With a correlation of 0.93, VGISX and CREEX 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 is riskier, VGISX or CREEX?

CREEX has higher volatility (4.83%) compared to VGISX (3.91%). In terms of maximum drawdown, VGISX dropped -41.61% vs CREEX's -70.78%.

Which has better risk-adjusted returns?

CREEX currently has the higher Sharpe Ratio (1.46 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.