ARIIX vs. SOAAX
ARIIX (AB Global Real Estate Investment Fund II) and SOAAX (Spirit of America Real Estate Income & Growth Fund) are both REIT funds. Over the past 10 years, ARIIX returned 4.92%/yr vs 5.14%/yr for SOAAX. Their correlation of 0.89 suggests significant overlap in exposure. ARIIX charges 0.74%/yr vs 1.52%/yr for SOAAX.
Performance
ARIIX vs. SOAAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ARIIX achieves a 6.29% return, which is significantly lower than SOAAX's 13.52% return. Both investments have delivered pretty close results over the past 10 years, with ARIIX having a 4.92% annualized return and SOAAX not far ahead at 5.14%.
ARIIX
- 1D
- 0.27%
- 1M
- -1.69%
- YTD
- 6.29%
- 6M
- 6.89%
- 1Y
- 10.63%
- 3Y*
- 9.20%
- 5Y*
- 2.16%
- 10Y*
- 4.92%
SOAAX
- 1D
- 0.33%
- 1M
- -1.31%
- YTD
- 13.52%
- 6M
- 13.68%
- 1Y
- 13.13%
- 3Y*
- 8.57%
- 5Y*
- 3.03%
- 10Y*
- 5.14%
ARIIX vs. SOAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARIIX AB Global Real Estate Investment Fund II | 6.29% | 10.49% | 2.89% | 12.50% | -25.35% | 26.57% | -4.62% | 23.44% | -4.31% | 14.43% |
SOAAX Spirit of America Real Estate Income & Growth Fund | 13.52% | -0.90% | 7.57% | 9.60% | -28.40% | 42.01% | -5.06% | 28.09% | -6.82% | 6.80% |
Correlation
The correlation between ARIIX and SOAAX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.89 |
The correlation between ARIIX and SOAAX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ARIIX vs. SOAAX — Risk / Return Rank
ARIIX
SOAAX
ARIIX vs. SOAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Global Real Estate Investment Fund II (ARIIX) and Spirit of America Real Estate Income & Growth Fund (SOAAX). 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 | SOAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.65 | -0.69 |
| Martin ratioReturn relative to average drawdown | 3.42 | 4.91 | -1.49 |
Loading charts...
Drawdowns
ARIIX vs. SOAAX - Drawdown Comparison
The maximum ARIIX drawdown since its inception was -70.35%, smaller than the maximum SOAAX drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for ARIIX and SOAAX.
Loading charts...
Drawdown Indicators
| ARIIX | SOAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.35% | -78.19% | +7.84% |
Max Drawdown (1Y)Largest decline over 1 year | -10.76% | -7.74% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.13% | -19.29% | +2.16% |
Max Drawdown (5Y)Largest decline over 5 years | -33.83% | -36.03% | +2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -42.30% | -41.24% | -1.06% |
Current DrawdownCurrent decline from peak | -4.35% | -5.05% | +0.70% |
Average DrawdownAverage peak-to-trough decline | -12.76% | -14.61% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 2.60% | +0.43% |
Volatility
ARIIX vs. SOAAX - Volatility Comparison
The current volatility for AB Global Real Estate Investment Fund II (ARIIX) is 4.10%, while Spirit of America Real Estate Income & Growth Fund (SOAAX) has a volatility of 4.62%. This indicates that ARIIX experiences smaller price fluctuations and is considered to be less risky than SOAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ARIIX | SOAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 4.62% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 9.41% | 9.68% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.18% | 13.22% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 18.25% | -1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.64% | 19.74% | -2.10% |
ARIIX vs. SOAAX - Expense Ratio Comparison
ARIIX has a 0.74% expense ratio, which is lower than SOAAX's 1.52% expense ratio.
Dividends
ARIIX vs. SOAAX - Dividend Comparison
ARIIX's dividend yield for the trailing twelve months is around 4.14%, less than SOAAX's 9.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARIIX AB Global Real Estate Investment Fund II | 4.14% | 3.77% | 2.99% | 3.34% | 5.98% | 4.38% | 1.54% | 8.58% | 4.72% | 5.59% | 5.20% | 3.45% |
SOAAX Spirit of America Real Estate Income & Growth Fund | 9.37% | 10.64% | 9.53% | 9.32% | 9.32% | 6.12% | 8.13% | 7.11% | 8.47% | 6.87% | 7.18% | 8.97% |
Frequently Asked Questions
With a correlation of 0.92, ARIIX and SOAAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SOAAX has higher volatility (4.62%) compared to ARIIX (4.10%). In terms of maximum drawdown, ARIIX dropped -70.35% vs SOAAX's -78.19%.
SOAAX currently has the higher Sharpe Ratio (0.97 vs 0.85), 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.
Find the right allocation for ARIIX and SOAAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer