IGR vs MSSM

Comparison between CBRE Global Real Estate Income Fund (IGR, ETF) and MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF (MSSM, ETF).

IGR vs MSSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IGR(ETF)	MSSM(ETF)
Net Assets	$707M	$707M
Expense Ratio	N/A	0.62%
Max Drawdown	90.88%	24.18%
Sharpe Ratio	0.45	1.31
5Y Beta	0.61	1.04
P/E Ratio	N/A	159.74
Forward P/E	N/A	15.65
5Y Dividends CAGR	5.39%	N/A
5Y EPS CAGR	N/A	14.92%
Debt to Equity	N/A	55.79%
P/S Ratio	N/A	1.31
P/B Ratio	N/A	2.49

Net Assets

IGR

$707M

Winner

MSSM

$707M

Expense Ratio

IGR

N/A

MSSM

0.62%

Max Drawdown

IGR

90.88%

Winner

MSSM

24.18%

Sharpe Ratio

IGR

0.45

Winner

MSSM

1.31

5Y Beta

Winner

IGR

0.61

MSSM

1.04

P/E Ratio

IGR

N/A

MSSM

159.74

Forward P/E

IGR

N/A

MSSM

15.65

5Y Dividends CAGR

IGR

5.39%

MSSM

N/A

5Y EPS CAGR

IGR

N/A

MSSM

14.92%

Debt to Equity

IGR

N/A

MSSM

55.79%

P/S Ratio

IGR

N/A

MSSM

1.31

P/B Ratio

IGR

N/A

MSSM

2.49

IGR vs MSSM - Historical Returns

Returns include dividend reinvestment.

Period	IGR	MSSM
1 month	+0.22%	+1.80%
3 months	+3.08%	+3.28%
6 months	+2.15%	+10.15%
1 year	+9.06%	+25.79%
5 years(CAGR)	-0.21%	N/A
10 years(CAGR)	+4.69%	N/A
Max(CAGR)	+5.00%	+14.01%

IGR

+0.22%

Winner

MSSM

+1.80%

IGR

+3.08%

Winner

MSSM

+3.28%

IGR

+2.15%

Winner

MSSM

+10.15%

IGR

+9.06%

Winner

MSSM

+25.79%

5Y(CAGR)

IGR

-0.21%

MSSM

N/A

10Y(CAGR)

IGR

+4.69%

MSSM

N/A

Max(CAGR)

IGR

+5.00%

Winner

MSSM

+14.01%

IGR vs MSSM - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	IGR	MSSM
2026	+17.36%	+17.73%
2025	+5.54%	+11.21%
2024	+0.51%	-5.83%
2023	+5.89%	N/A
2022	-35.42%	N/A
2021	+57.03%	N/A
2020	-5.27%	N/A
2019	+40.56%	N/A
2018	-15.50%	N/A
2017	+16.07%	N/A
2016	+5.06%	N/A
2015	-9.35%	N/A
2014	+20.54%	N/A
2013	-7.17%	N/A
2012	+36.46%	N/A
2011	-6.85%	N/A
2010	+30.16%	N/A
2009	+68.60%	N/A
2008	-68.50%	N/A
2007	-29.63%	N/A
2006	+74.71%	N/A
2005	+19.84%	N/A
2004	+6.49%	N/A

IGR vs MSSM Drawdown Comparison

The maximum drawdown for IGR was -87.09%, occurring on Mar 9, 2009. Recovery took 3206 trading sessions.

The maximum drawdown for MSSM was -24.18%, occurring on Apr 8, 2025. Recovery took 175 trading sessions.

The current IGR drawdown is -12.08%. The current MSSM drawdown is -2.52%.

Rank	IGR	MSSM
#1	-87.09% Dec 29, 2006 - Sep 26, 2019	-24.18% Dec 9, 2024 - Aug 22, 2025
#2	-54.29% Feb 18, 2020 - Mar 26, 2021	-9.50% Feb 10, 2026 - Apr 14, 2026
#3	-50.87% Dec 31, 2021 - Oct 27, 2023	-7.11% Oct 27, 2025 - Dec 4, 2025
#4	-25.36% Mar 5, 2004 - Dec 2, 2004	-5.34% Jun 30, 2026 - Jul 29, 2026
#5	-10.92% May 10, 2006 - Jul 25, 2006	-4.35% May 6, 2026 - May 26, 2026
#6	-10.76% Sep 3, 2021 - Nov 8, 2021	-3.84% Oct 6, 2025 - Oct 24, 2025
#7	-10.29% Aug 3, 2005 - Dec 8, 2005	-3.71% Dec 11, 2025 - Jan 6, 2026
#8	-8.84% Apr 6, 2006 - May 10, 2006	-3.26% Jan 22, 2026 - Feb 9, 2026
#9	-8.51% Nov 1, 2006 - Nov 29, 2006	-3.16% Jun 4, 2026 - Jun 12, 2026
#10	-8.39% Mar 4, 2005 - Apr 27, 2005	-2.47% Sep 18, 2025 - Oct 3, 2025
#11	-6.68% Dec 31, 2004 - Feb 15, 2005	-2.28% Apr 20, 2026 - Apr 30, 2026
#12	-4.60% Nov 12, 2021 - Dec 7, 2021	-1.74% Jun 15, 2026 - Jun 22, 2026
#13	-4.57% Jan 9, 2006 - Feb 2, 2006	-1.63% Jan 15, 2026 - Jan 21, 2026
#14	-4.45% Apr 29, 2021 - May 20, 2021	-1.52% Aug 28, 2025 - Sep 5, 2025
#15	-3.96% Jun 14, 2021 - Jul 12, 2021	-1.37% Jun 22, 2026 - Jun 25, 2026

Correlation

Correlation between IGR and MSSM is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2004 - 2026)

IGR vs MSSM dividend yield comparison.

Year	IGR	MSSM
2026	10.32%	0.00%
2025	16.44%	3.15%
2024	14.97%	0.00%
2023	13.26%	0.00%
2022	12.22%	0.00%
2021	6.13%	0.00%
2020	8.72%	0.00%
2019	7.48%	0.00%
2018	9.74%	0.00%
2017	7.58%	0.00%
2016	8.84%	0.00%
2015	7.46%	0.00%
2014	6.01%	0.00%
2013	6.82%	0.00%
2012	6.57%	0.00%
2011	7.89%	0.00%
2010	6.97%	0.00%
2009	8.48%	0.00%
2008	31.16%	0.00%
2007	23.28%	0.00%
2006	13.70%	0.00%
2005	9.49%	0.00%
2004	4.93%	0.00%