Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Third Avenue International Real Estate Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
Third Avenue International Real Estate Value Fund (REIFX) has returned -4.88% so far this year and 12.14% over the past 12 months. Over the last ten years, REIFX has returned 6.63% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
Third Avenue International Real Estate Value Fund
- 1D
- -0.38%
- 1M
- -13.84%
- YTD
- -4.88%
- 6M
- -5.97%
- 1Y
- 12.14%
- 3Y*
- 7.58%
- 5Y*
- 4.01%
- 10Y*
- 6.63%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jan 2, 2015, REIFX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +12.6%, while the worst month was Mar 2020 at -20.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, REIFX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +5.8%, while the worst single day was Mar 18, 2020 at -8.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.74% | 4.41% | -13.84% | -4.88% | |||||||||
| 2025 | 1.76% | 3.71% | 0.75% | 7.77% | 3.60% | 2.74% | -1.37% | 4.02% | 1.33% | -2.29% | 2.06% | -0.87% | 25.35% |
| 2024 | -4.14% | -1.35% | 3.95% | -3.47% | 4.96% | -3.59% | 4.31% | 3.32% | 3.69% | -6.73% | -2.03% | -3.63% | -5.51% |
| 2023 | 7.46% | -3.77% | -0.35% | 3.58% | -3.62% | 2.97% | 2.80% | -4.29% | -4.06% | -4.86% | 10.02% | 8.82% | 13.91% |
| 2022 | -2.02% | -2.43% | 1.06% | -5.38% | -2.60% | -5.59% | 3.18% | -1.08% | -10.18% | -1.12% | 6.82% | 0.49% | -18.22% |
| 2021 | -3.27% | 2.86% | 2.95% | 3.84% | 5.20% | -2.25% | 3.83% | 3.69% | -4.98% | 2.54% | -2.12% | 5.76% | 18.78% |
Benchmark Metrics
Third Avenue International Real Estate Value Fund has an annualized alpha of 1.94%, beta of 0.40, and R² of 0.26 versus S&P 500 Index. Calculated based on daily prices since January 05, 2015.
- This fund participated in 78.42% of S&P 500 Index downside but only 62.55% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.40 may look defensive, but with R² of 0.26 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R² of 0.26 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.94%
- Beta
- 0.40
- R²
- 0.26
- Upside Capture
- 62.55%
- Downside Capture
- 78.42%
Expense Ratio
REIFX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
REIFX ranks 36 for risk / return — below 36% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Third Avenue International Real Estate Value Fund (REIFX) and compare them to a chosen benchmark (S&P 500 Index).
| REIFX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 0.90 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.39 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.21 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.40 | -0.52 |
Martin ratioReturn relative to average drawdown | 3.74 | 6.61 | -2.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore REIFX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Third Avenue International Real Estate Value Fund provided a 2.40% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.27 | $0.32 | $0.22 | $0.31 | $0.45 | $0.16 | $1.17 | $0.33 | $0.09 | $0.29 |
Dividend yield | 2.40% | 2.28% | 2.37% | 2.63% | 1.98% | 2.22% | 3.74% | 1.40% | 11.92% | 2.80% | 0.90% | 3.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Third Avenue International Real Estate Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Third Avenue International Real Estate Value 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 Third Avenue International Real Estate Value Fund was 37.61%, occurring on Mar 19, 2020. Recovery took 181 trading sessions.
The current Third Avenue International Real Estate Value Fund drawdown is 14.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.61% | Jan 21, 2020 | 42 | Mar 19, 2020 | 181 | Dec 4, 2020 | 223 |
| -26.2% | Sep 7, 2021 | 278 | Oct 12, 2022 | 640 | May 2, 2025 | 918 |
| -15.08% | May 18, 2015 | 188 | Feb 12, 2016 | 274 | Mar 16, 2017 | 462 |
| -14.06% | Feb 25, 2026 | 24 | Mar 30, 2026 | — | — | — |
| -11.87% | Jan 29, 2018 | 231 | Dec 27, 2018 | 54 | Mar 18, 2019 | 285 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...