Third Avenue Real Estate Value Fund (TAREX) 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 TAREX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TAREX
TAREX charges 1.15% annually. There are 80 mutual funds in the REIT category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | TAREX vs FESIX | |
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | TAREX vs FSRNX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | TAREX vs VRTPX | |
| Vanguard Real Estate Index Fund Institutional Shar... | 0.10% | 69.80B | Dec 2003 | TAREX vs VGSNX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | TAREX vs VGRNX |
Best Risk-Adjusted Alternatives to TAREX
TAREX has a PortfoliosLab risk / return rank of 2. There are 105 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 | TAREX vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | TAREX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 89 | — | Oct 2011 | TAREX vs FSREX | |
| Delaware Ivy Securian Real Estate Securities Fund | 71 | — | Feb 1999 | TAREX vs IRSAX | |
| abrdn Realty Income & Growth Fund | 69 | — | Dec 1998 | TAREX vs AIGYX |
Top Performing TAREX Alternatives (YTD)
TAREX is at -5.76% YTD. There are 105 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 | TAREX vs PJEZX | |
| abrdn Realty Income & Growth Fund | 18.79% | — | Dec 1998 | TAREX vs AIGYX | |
| VY CBRE Real Estate Portfolio | 18.38% | — | Jan 1989 | TAREX vs IVRSX | |
| Delaware Ivy Securian Real Estate Securities Fund | 18.29% | — | Feb 1999 | TAREX vs IRSAX | |
| Columbia Real Estate Equity Fund | 18.23% | — | Apr 1994 | TAREX vs CREEX |
Lowest Volatility Alternatives to TAREX
TAREX has 15.57% 1-year volatility. There are 101 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 | TAREX vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | TAREX vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.45% | — | Oct 2011 | TAREX vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.72% | — | Jun 2014 | TAREX vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class C | 4.34% | — | Apr 2010 | TAREX vs FRIOX |
Lowest Drawdown Alternatives to TAREX
TAREX has a 1-year max drawdown of -15.81%. There are 105 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 | TAREX vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | TAREX vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | TAREX vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | TAREX vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | TAREX vs FRIFX |
Other Mutual Funds from Third Avenue
The 3 most viewed Third Avenue mutual funds shown here include TAVFX, TASCX, REIFX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Third Avenue Value Fund | Global Equities | 73 | 12.48% | — | Oct 1990 | TAREX vs TAVFX | |
| Third Avenue Small Cap Value Fund | Small Cap Value Equities | 86 | 21.43% | — | Apr 1997 | TAREX vs TASCX | |
| Third Avenue International Real Estate Value Fund | REIT | 5 | -0.36% | — | May 2014 | TAREX vs REIFX |
Often Compared With TAREX
Investors most often compare TAREX with FRESX, AMT, FIRIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare TAREX with Any Fund or Stock
Compare TAREX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TAREX with funds that move differently
Third Avenue Real Estate Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TAREX.
Explore TAREX Diversifiers