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T. Rowe Price Real Estate Fund Class I (REIPX) Sharpe Ratio: 2.30

Mutual Fund · Currency in USD · Last updated Jul 17, 2026

The fund seeks to provide long-term capital appreciation and current income by investing in equity securities of real estate companies.

REIPX's Sharpe Ratio of 2.30 indicates that for each unit of volatility, it generates 2.30 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 17, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

REIPX Sharpe Ratio Rank

REIPX Sharpe Ratio Rank: 85.485
Exceptional

REIPX ranks above 85.4% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

REIPX Sharpe Ratio Market Positioning

The chart shows REIPX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.18 or lower
  • Yellow zone (middle 50%): 1.18 to 2.03
  • Green zone (top 25%): 2.03 or higher
  • Top 1%: 3.93+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar mutual funds

The table compares T. Rowe Price Real Estate Fund Class I's Sharpe Ratio with other mutual funds in the REIT category across multiple time periods, showing how REIPX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 17, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CREMXRedwood Real Estate Income Fund16.88
QREARXTIAA Real Estate Account4.38
FSREXFidelity Series Real Estate Income Fund2.67
REIPXT. Rowe Price Real Estate Fund Class I2.30
FRIFXFidelity Real Estate Income Fund1.96
IRSAXDelaware Ivy Securian Real Estate Securities Fund1.89
AIGYXabrdn Realty Income & Growth Fund1.84
MXREXGreat-West Real Estate Index Fund1.73
IVRSXVY CBRE Real Estate Portfolio1.70
PJEZXPGIM US Real Estate Fund1.65

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows REIPX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when REIPX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does REIPX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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