MainStay CBRE Real Estate Fund (CRARX) belongs to the REIT category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CRARX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CRARX
CRARX charges 0.83% annually. There are 32 mutual funds in the REIT category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | CRARX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | CRARX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | CRARX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.80B | Dec 2003 | CRARX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | CRARX vs VGRNX |
Best Risk-Adjusted Alternatives to CRARX
CRARX has a PortfoliosLab risk / return rank of 34. There are 26 mutual funds in the REIT category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 100 | — | Jun 2023 | CRARX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | CRARX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 89 | — | Oct 2011 | CRARX vs FSREX | |
| Delaware Ivy Securian Real Estate Securities Fund | 71 | — | Feb 1999 | CRARX vs IRSAX | |
| abrdn Realty Income & Growth Fund | 69 | — | Dec 1998 | CRARX vs AIGYX |
Top Performing CRARX Alternatives (YTD)
CRARX is at 16.94% YTD. There are 8 mutual funds in the REIT category with higher YTD returns, going as high as 19.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 19.79% | — | Dec 2010 | CRARX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 18.79% | — | Dec 1998 | CRARX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 18.38% | — | Jan 1989 | CRARX vs IVRSX | |
| Delaware Ivy Securian Real Estate Securities Fund | 18.29% | — | Feb 1999 | CRARX vs IRSAX | |
| Columbia Real Estate Equity Fund | 18.23% | — | Apr 1994 | CRARX vs CREEX |
Lowest Volatility Alternatives to CRARX
CRARX has 13.64% 1-year volatility. There are 61 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.43% | — | Jun 2023 | CRARX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | CRARX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.45% | — | Oct 2011 | CRARX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.72% | — | Jun 2014 | CRARX vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class C | 4.34% | — | Apr 2010 | CRARX vs FRIOX |
Lowest Drawdown Alternatives to CRARX
CRARX has a 1-year max drawdown of -7.99%. There are 38 mutual funds in the REIT category with shallower 1-year drawdowns, going as shallow as -0.04%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04% | — | Jun 2023 | CRARX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | CRARX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | CRARX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | CRARX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | CRARX vs FRIFX |
Other Mutual Funds from New York Life
The 10 most viewed New York Life mutual funds shown here include MLAAX, MSXAX, MHCAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MainStay Winslow Large Cap Growth Fund | Large Cap Growth Equities | 8 | 5.35% | — | Jul 1995 | CRARX vs MLAAX | |
| NYLI S&P 500 Index Class A | S&P 500 | 62 | 11.08% | — | Jan 2004 | CRARX vs MSXAX | |
| MainStay MacKay High Yield Corporate Bond Fund Cla... | High Yield Bonds | 85 | 1.89% | — | May 1986 | CRARX vs MHCAX | |
| MainStay Epoch Global Equity Yield Fund | Global Equities | 93 | 20.76% | — | Dec 2005 | CRARX vs EPSYX | |
| MainStay S&P 500 Index Fund | Large Cap Blend Equities | 64 | 11.21% | — | Jan 1991 | CRARX vs MSPIX | |
| MainStay MacKay Short Term Municipal Fund | Municipal Bonds | 81 | 1.26% | — | Jan 1991 | CRARX vs MSTIX | |
| MainStay Epoch U.S. Equity Yield Fund | Large Cap Value Equities | 88 | 17.02% | — | Dec 2008 | CRARX vs EPLCX | |
| MainStay WMC Growth Fund | Large Cap Growth Equities | 11 | 2.95% | — | Aug 2006 | CRARX vs KLGAX | |
| MainStay Floating Rate Fund | Bank Loan | 62 | 1.28% | — | May 2004 | CRARX vs MXFIX | |
| MainStay Moderate Allocation Fund | Diversified Portfolio | 60 | 8.23% | — | Apr 2005 | CRARX vs MMRIX |
Often Compared With CRARX
Investors most often compare CRARX with MBAIX, MGDIX, ARIIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CRARX with Any Fund or Stock
Compare CRARX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CRARX with funds that move differently
MainStay CBRE Real Estate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CRARX.
Explore CRARX Diversifiers