ARIIX vs. IRFIX

Last updated Aug 1, 2026

ARIIX (AB Global Real Estate Investment Fund II) and IRFIX (Cohen & Steers International Realty Fund) are both REIT funds. Over the past 10 years, ARIIX returned 4.80%/yr vs 2.75%/yr for IRFIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. ARIIX charges 0.74%/yr vs 1.00%/yr for IRFIX.

Performance

ARIIX vs. IRFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Global Real Estate Investment Fund II (ARIIX) and Cohen & Steers International Realty Fund (IRFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARIIX achieves a 12.37% return, which is significantly higher than IRFIX's 3.65% return. Over the past 10 years, ARIIX has outperformed IRFIX with an annualized return of 4.80%, while IRFIX has yielded a comparatively lower 2.75% annualized return.

ARIIX

• 1D: -0.17%
• 1M: 2.25%
• 6M: 8.68%
• YTD: 12.37%
• 1Y: 18.19%
• 3Y*: 10.36%
• 5Y*: 2.51%
• 10Y*: 4.80%
• ALL TIME*: 6.86%

IRFIX

• 1D: 1.75%
• 1M: 4.13%
• 6M: -0.80%
• YTD: 3.65%
• 1Y: 10.01%
• 3Y*: 6.19%
• 5Y*: -2.52%
• 10Y*: 2.75%
• ALL TIME*: 3.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARIIX AB Global Real Estate Investment Fund II	$0.00	$0.00	$0.00
IRFIX Cohen & Steers International Realty Fund	$0.00	$0.00	$0.00

ARIIX vs. IRFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARIIX AB Global Real Estate Investment Fund II	12.37%	10.49%	2.89%	12.50%	-25.35%	26.57%	-4.62%	23.44%	-4.31%	14.43%
IRFIX Cohen & Steers International Realty Fund	3.65%	23.52%	-10.56%	4.58%	-23.84%	7.66%	-0.81%	23.74%	-3.74%	23.38%

Correlation

The correlation between ARIIX and IRFIX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (10Y) Provides a long-term view across more market conditions.	0.72
Correlation (All Time) Calculated using the full available price history since Mar 31, 2005	0.75

The correlation between ARIIX and IRFIX has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.

Return for Risk

ARIIX vs. IRFIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARIIX

ARIIX Risk / Return Rank: 45
ARIIX Sharpe Ratio Rank: 52
ARIIX Sortino Ratio Rank: 49
ARIIX Omega Ratio Rank: 50
ARIIX Calmar Ratio Rank: 37
ARIIX Martin Ratio Rank: 38

IRFIX

IRFIX Risk / Return Rank: 17
IRFIX Sharpe Ratio Rank: 20
IRFIX Sortino Ratio Rank: 21
IRFIX Omega Ratio Rank: 20
IRFIX Calmar Ratio Rank: 14
IRFIX Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARIIX vs. IRFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Global Real Estate Investment Fund II (ARIIX) and Cohen & Steers International Realty Fund (IRFIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARIIX	IRFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	0.73	+0.65
Sortino ratio: Return per unit of downside risk	1.94	1.15	+0.78
Omega ratio: Gain probability vs. loss probability	1.25	1.14	+0.11
Calmar ratio: Return relative to maximum drawdown	1.56	0.67	+0.89
Martin ratio: Return relative to average drawdown	5.55	1.57	+3.99

ARIIX vs. IRFIX - Sharpe Ratio Comparison

The current ARIIX Sharpe Ratio is 1.38, which is higher than the IRFIX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of ARIIX and IRFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARIIX vs. IRFIX - Drawdown Comparison

The maximum ARIIX drawdown since its inception was -70.35%, roughly equal to the maximum IRFIX drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for ARIIX and IRFIX.

Drawdown Indicators

	ARIIX	IRFIX	Difference
Max Drawdown Largest peak-to-trough decline	-70.35%	-70.13%	-0.22%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-14.85%	+4.09%
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	-21.06%	+3.93%
Max Drawdown (5Y) Largest decline over 5 years	-33.83%	-38.24%	+4.41%
Max Drawdown (10Y) Largest decline over 10 years	-42.30%	-39.51%	-2.79%
Current Drawdown Current decline from peak	-0.59%	-13.66%	+13.07%
Average Drawdown Average peak-to-trough decline	-12.72%	-18.64%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	6.34%	-3.32%

Volatility

ARIIX vs. IRFIX - Volatility Comparison

The current volatility for AB Global Real Estate Investment Fund II (ARIIX) is 3.48%, while Cohen & Steers International Realty Fund (IRFIX) has a volatility of 3.69%. This indicates that ARIIX experiences smaller price fluctuations and is considered to be less risky than IRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARIIX	IRFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	3.69%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	11.34%	-1.41%
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	13.61%	-1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	15.38%	+0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.61%	15.45%	+2.16%

ARIIX vs. IRFIX - Expense Ratio Comparison

ARIIX has a 0.74% expense ratio, which is lower than IRFIX's 1.00% expense ratio.

Dividends

ARIIX vs. IRFIX - Dividend Comparison

ARIIX's dividend yield for the trailing twelve months is around 3.92%, less than IRFIX's 5.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARIIX AB Global Real Estate Investment Fund II	3.92%	3.77%	2.99%	3.34%	5.98%	4.38%	1.54%	8.58%	4.72%	5.59%	5.20%	3.45%
IRFIX Cohen & Steers International Realty Fund	5.90%	6.17%	3.24%	2.62%	2.62%	7.70%	3.40%	9.81%	4.19%	3.37%	6.46%	3.36%

Frequently Asked Questions

Can I hold both ARIIX and IRFIX in my portfolio?

ARIIX and IRFIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARIIX or IRFIX?

IRFIX has higher volatility (3.69%) compared to ARIIX (3.48%). In terms of maximum drawdown, ARIIX dropped -70.35% vs IRFIX's -70.13%.

Which has better risk-adjusted returns?

ARIIX currently has the higher Sharpe Ratio (1.38 vs 0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.