XRE.TO vs. CGRE.TO
XRE.TO (iShares S&P/TSX Capped REIT Index ETF) and CGRE.TO (CI Global REIT Private Pool) are both REIT funds. XRE.TO is passively managed, while CGRE.TO is actively managed. Over the past 5 years, XRE.TO returned 1.41%/yr vs 3.15%/yr for CGRE.TO. At a 0.31 correlation, their price movements are largely independent.
Performance
XRE.TO vs. CGRE.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with XRE.TO having a 14.29% return and CGRE.TO slightly lower at 13.94%.
XRE.TO
- 1D
- 0.00%
- 1M
- 1.69%
- 6M
- 8.19%
- YTD
- 14.29%
- 1Y
- 12.47%
- 3Y*
- 6.68%
- 5Y*
- 1.41%
- 10Y*
- 4.75%
CGRE.TO
- 1D
- 0.00%
- 1M
- 2.27%
- 6M
- 10.96%
- YTD
- 13.94%
- 1Y
- 13.95%
- 3Y*
- 8.76%
- 5Y*
- 3.15%
- 10Y*
- —
XRE.TO vs. CGRE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XRE.TO iShares S&P/TSX Capped REIT Index ETF | 14.29% | 8.89% | -2.52% | 1.88% | -17.34% | 32.54% | 15.43% |
CGRE.TO CI Global REIT Private Pool | 13.94% | 3.39% | 4.66% | 11.66% | -23.63% | 35.03% | 8.96% |
Correlation
The correlation between XRE.TO and CGRE.TO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 21, 2020 | 0.31 |
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
XRE.TO vs. CGRE.TO — Risk / Return Rank
XRE.TO
CGRE.TO
XRE.TO vs. CGRE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped REIT Index ETF (XRE.TO) and CI Global REIT Private Pool (CGRE.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.
| XRE.TO | CGRE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.29 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.68 | -0.01 |
| Martin ratioReturn relative to average drawdown | 4.20 | 5.23 | -1.03 |
Loading charts...
Drawdowns
XRE.TO vs. CGRE.TO - Drawdown Comparison
The maximum XRE.TO drawdown since its inception was -57.01%, which is greater than CGRE.TO's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for XRE.TO and CGRE.TO.
Loading charts...
Drawdown Indicators
| XRE.TO | CGRE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.01% | -28.28% | -28.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.51% | -8.38% | +0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -13.72% | -7.19% |
Max Drawdown (5Y)Largest decline over 5 years | -30.53% | -28.28% | -2.25% |
Max Drawdown (10Y)Largest decline over 10 years | -46.58% | — | — |
Current DrawdownCurrent decline from peak | -1.37% | -0.09% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -10.78% | -9.49% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 2.68% | +0.30% |
Volatility
XRE.TO vs. CGRE.TO - Volatility Comparison
iShares S&P/TSX Capped REIT Index ETF (XRE.TO) has a higher volatility of 3.16% compared to CI Global REIT Private Pool (CGRE.TO) at 1.88%. This indicates that XRE.TO's price experiences larger fluctuations and is considered to be riskier than CGRE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XRE.TO | CGRE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 1.88% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.84% | 9.28% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.62% | 12.01% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.19% | 14.92% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 14.36% | +3.22% |
Dividends
XRE.TO vs. CGRE.TO - Dividend Comparison
XRE.TO's dividend yield for the trailing twelve months is around 4.29%, less than CGRE.TO's 4.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGRE.TO CI Global REIT Private Pool | 4.45% | 4.95% | 4.88% | 4.86% | 5.16% | 3.77% | 2.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XRE.TO iShares S&P/TSX Capped REIT Index ETF | 4.29% | 5.00% | 5.55% | 4.52% | 4.85% | 2.62% | 4.50% | 4.88% | 4.86% | 4.77% | 5.27% | 5.66% |
Frequently Asked Questions
XRE.TO and CGRE.TO have a correlation of 0.27, 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: iShares and CI.
Find the right allocation for XRE.TO and CGRE.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