PACE Global Real Estate Securities Investments (PREAX) 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 PREAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PREAX
PREAX charges 1.45% annually. There are 97 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 | PREAX vs FSRNX | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | PREAX vs FESIX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | PREAX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.11% | 71.40B | Dec 2003 | PREAX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | PREAX vs VGRNX |
Best Risk-Adjusted Alternatives to PREAX
PREAX has a PortfoliosLab risk / return rank of 39. There are 70 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 | PREAX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | PREAX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 87 | — | Oct 2011 | PREAX vs FSREX | |
| abrdn Realty Income & Growth Fund | 82 | — | Dec 1998 | PREAX vs AIGYX | |
| Delaware Ivy Securian Real Estate Securities Fund | 81 | — | Feb 1999 | PREAX vs IRSAX |
Top Performing PREAX Alternatives (YTD)
PREAX is at 12.96% YTD. There are 72 mutual funds in the REIT category with higher YTD returns, going as high as 22.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 22.21% | — | Dec 2010 | PREAX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 21.63% | — | Dec 1998 | PREAX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 20.91% | — | Jan 1989 | PREAX vs IVRSX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 20.77% | — | Mar 1995 | PREAX vs PHRAX | |
| Columbia Real Estate Equity Fund | 20.76% | — | Apr 1994 | PREAX vs CREEX |
Lowest Volatility Alternatives to PREAX
PREAX has 12.26% 1-year volatility. There are 31 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 | PREAX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | PREAX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.48% | — | Oct 2011 | PREAX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.77% | — | Jun 2014 | PREAX vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.21% | — | Feb 2003 | PREAX vs FRIFX |
Lowest Drawdown Alternatives to PREAX
PREAX has a 1-year max drawdown of -10.47%. There are 82 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 | PREAX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | PREAX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | PREAX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | PREAX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | PREAX vs FRIFX |
Other Mutual Funds from UBS
The 10 most viewed UBS mutual funds shown here include EMPTX, QGRPX, DVRUX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| UBS Emerging Markets Equity Opportunity Fund | Emerging Markets Equities | 77 | 19.01% | — | May 2018 | PREAX vs EMPTX | |
| UBS US Quality Growth At Reasonable Price Fund | Quality Factor, Large Cap Growth Equities | 8 | -0.43% | — | Jul 2020 | PREAX vs QGRPX | |
| UBS US Dividend Ruler Fund | Large Cap Value Equities | 57 | 10.95% | — | Jul 2020 | PREAX vs DVRUX | |
| UBS Multi Income Bond Fund | Intermediate Core-Plus Bond | 32 | 0.12% | — | Dec 1972 | PREAX vs UTBPX | |
| PACE Small/Medium Co Value Equity Investments | Small Cap Value Equities | 74 | 19.06% | — | Aug 1995 | PREAX vs PCSVX | |
| PACE Municipal Fixed Income Investments | Municipal Bonds | 66 | -0.20% | — | Aug 1995 | PREAX vs PCMNX | |
| UBS U.S. Allocation Fund | Diversified Portfolio | 55 | 6.12% | — | May 1993 | PREAX vs PWTYX | |
| UBS Global Allocation Fund | Global Allocation | 68 | 6.81% | — | Aug 1992 | PREAX vs BPGLX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | Intermediate Core Bond | 58 | 2.13% | — | Aug 1995 | PREAX vs PCGTX | |
| PACE Alternative Strategies Investments | Multistrategy | 43 | 2.56% | — | Apr 2006 | PREAX vs PASIX |
Often Compared With PREAX
Investors most often compare PREAX with USIAX, FRIQX, SOAAX. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PREAX with Any Fund or Stock
Compare PREAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PREAX with funds that move differently
PACE Global Real Estate Securities Investments alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PREAX.
Explore PREAX Diversifiers