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BlackRock Real Estate Securities Fund (BIREX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0919365835

CUSIP

091936583

Issuer

Blackrock

Inception Date

Sep 28, 2012

Category

REIT

Min. Investment

$2,000,000

Asset Class

Real Estate

Expense Ratio

BIREX has an expense ratio of 0.75%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

BlackRock Real Estate Securities Fund (BIREX) returned 0.54% year-to-date (YTD) and 12.87% over the past 12 months. Over the past 10 years, BIREX returned 3.77% annually, underperforming the S&P 500 benchmark at 10.84%.


BIREX

YTD

0.54%

1M

1.57%

6M

-7.51%

1Y

12.87%

3Y*

-0.58%

5Y*

7.34%

10Y*

3.77%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of BIREX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.15%4.00%-2.88%-2.24%0.68%0.54%
2024-4.76%1.29%1.90%-7.65%5.28%1.79%7.27%5.49%2.76%-3.25%3.05%-8.00%3.75%
202310.26%-5.84%-1.44%0.80%-4.24%5.50%2.03%-3.15%-6.72%-3.18%12.10%8.94%13.57%
2022-8.70%-3.42%6.74%-4.02%-5.79%-7.62%7.10%-6.13%-11.86%2.60%5.34%-5.09%-28.54%
20210.97%4.07%4.48%8.12%1.08%2.94%4.46%2.11%-4.81%7.48%-0.68%9.23%46.24%
20201.68%-7.64%-19.09%8.29%1.79%1.60%4.91%0.96%-3.55%-2.92%11.12%2.83%-3.59%
201911.67%1.02%3.66%0.93%0.08%1.49%1.25%3.21%2.26%1.66%-0.89%-1.31%27.37%
2018-4.05%-6.98%3.33%1.31%4.55%4.18%0.69%3.86%-2.21%-3.19%4.79%-8.09%-2.95%
2017-0.80%4.42%-2.54%-0.26%0.48%2.22%0.81%-0.23%-0.70%-0.87%3.08%-6.92%-1.76%
2016-5.29%-0.25%10.70%-2.13%1.81%6.95%4.51%-3.61%-2.01%-5.30%-1.09%-0.98%2.03%
20156.53%-2.55%1.50%-5.83%0.08%-4.40%2.71%-6.02%3.33%5.30%-0.16%-1.10%-1.56%
20144.50%4.88%1.09%3.01%2.63%0.68%-0.09%2.99%-6.05%10.83%1.60%1.59%30.41%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BIREX is 47, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BIREX is 4747
Overall Rank
The Sharpe Ratio Rank of BIREX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of BIREX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of BIREX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of BIREX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of BIREX is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Real Estate Securities Fund (BIREX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

BlackRock Real Estate Securities Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.74
  • 5-Year: 0.36
  • 10-Year: 0.18
  • All Time: 0.28

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of BlackRock Real Estate Securities Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

BlackRock Real Estate Securities Fund provided a 2.90% dividend yield over the last twelve months, with an annual payout of $0.43 per share.


2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.43$0.43$0.42$0.71$0.31$0.36$0.28$0.35$1.20$0.90$0.84$0.28

Dividend yield

2.90%2.88%2.87%5.34%1.63%2.72%1.93%3.07%9.88%7.18%6.75%2.15%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Real Estate Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.10$0.00$0.10
2024$0.00$0.00$0.00$0.09$0.00$0.00$0.12$0.00$0.00$0.10$0.00$0.12$0.43
2023$0.00$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.08$0.00$0.13$0.42
2022$0.00$0.00$0.00$0.07$0.00$0.00$0.30$0.00$0.00$0.09$0.00$0.26$0.71
2021$0.00$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.08$0.31
2020$0.00$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.08$0.00$0.09$0.36
2019$0.00$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.10$0.28
2018$0.00$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.07$0.35
2017$0.00$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.06$0.00$1.03$1.20
2016$0.00$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.05$0.00$0.74$0.90
2015$0.00$0.00$0.00$0.05$0.00$0.00$0.38$0.00$0.00$0.04$0.00$0.37$0.84
2014$0.03$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.17$0.28

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Real Estate Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Real Estate Securities Fund was 41.92%, occurring on Mar 23, 2020. Recovery took 246 trading sessions.

The current BlackRock Real Estate Securities Fund drawdown is 15.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.92%Feb 24, 202021Mar 23, 2020246Mar 15, 2021267
-35.63%Jan 3, 2022456Oct 25, 2023
-24.86%Aug 2, 2016384Feb 8, 2018331Jun 5, 2019715
-21.26%Jan 27, 2015264Feb 11, 201697Jun 30, 2016361
-17.41%May 22, 201362Aug 19, 2013182May 9, 2014244
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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