Principal Real Estate Securities Fund Institutional (PIREX) 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 PIREX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIREX
PIREX charges 0.86% annually. There are 35 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 | PIREX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | PIREX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | PIREX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.80B | Dec 2003 | PIREX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | PIREX vs VGRNX |
Best Risk-Adjusted Alternatives to PIREX
PIREX has a PortfoliosLab risk / return rank of 20. There are 80 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 | PIREX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | PIREX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 90 | — | Oct 2011 | PIREX vs FSREX | |
| Fidelity Real Estate Income Fund | 72 | — | Feb 2003 | PIREX vs FRIFX | |
| Delaware Ivy Securian Real Estate Securities Fund | 72 | — | Feb 1999 | PIREX vs IRSAX |
Top Performing PIREX Alternatives (YTD)
PIREX is at 15.42% YTD. There are 20 mutual funds in the REIT category with higher YTD returns, going as high as 20.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 20.24% | — | Dec 2010 | PIREX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 19.18% | — | Dec 1998 | PIREX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 18.89% | — | Jan 1989 | PIREX vs IVRSX | |
| Columbia Real Estate Equity Fund | 18.78% | — | Apr 1994 | PIREX vs CREEX | |
| Delaware Ivy Securian Real Estate Securities Fund | 18.60% | — | Feb 1999 | PIREX vs IRSAX |
Lowest Volatility Alternatives to PIREX
PIREX has 13.43% 1-year volatility. There are 52 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.44% | — | Jun 2023 | PIREX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | PIREX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.46% | — | Oct 2011 | PIREX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.71% | — | Jun 2014 | PIREX vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.23% | — | Feb 2003 | PIREX vs FRIFX |
Lowest Drawdown Alternatives to PIREX
PIREX has a 1-year max drawdown of -7.44%. There are 13 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 | PIREX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | PIREX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | PIREX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | PIREX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | PIREX vs FRIFX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -4.41% | — | Dec 2000 | PIREX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 7 | 2.68% | — | Dec 2000 | PIREX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 50 | 10.43% | — | Nov 1986 | PIREX vs CMNWX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 42 | 8.98% | — | Feb 2008 | PIREX vs LTFIX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -0.19% | — | Jun 2012 | PIREX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.84% | — | Oct 2011 | PIREX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 55 | 11.36% | — | Jul 1996 | PIREX vs SACAX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 43 | 7.26% | — | Feb 2001 | PIREX vs PTDIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 42 | 8.07% | — | Feb 2008 | PIREX vs LTRIX | |
| Principal LifeTime 2030 Fund | Target Retirement Date | 45 | 5.53% | — | Feb 2001 | PIREX vs PMTIX |
Often Compared With PIREX
Investors most often compare PIREX with KO, CMI, TIREX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PIREX with Any Fund or Stock
Compare PIREX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIREX with funds that move differently
Principal Real Estate Securities Fund Institutional alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIREX.
Explore PIREX Diversifiers