BIREX vs. VGSLX
Compare and contrast key facts about BlackRock Real Estate Securities Fund (BIREX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX).
BIREX is managed by Blackrock. It was launched on Sep 28, 2012. VGSLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIREX or VGSLX.
Key characteristics
| BIREX | VGSLX | |
|---|---|---|
| YTD Return | -7.24% | -7.08% |
| 1Y Return | 4.43% | 3.87% |
| 3Y Return (Ann) | -1.46% | -2.55% |
| 5Y Return (Ann) | 3.03% | 2.22% |
| 10Y Return (Ann) | 6.25% | 5.18% |
| Sharpe Ratio | 0.28 | 0.25 |
| Daily Std Dev | 18.46% | 18.89% |
| Max Drawdown | -41.92% | -73.05% |
| Current Drawdown | -22.97% | -23.35% |
Correlation
The correlation between BIREX and VGSLX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BIREX vs. VGSLX - Performance Comparison
The year-to-date returns for both investments are quite close, with BIREX having a -7.24% return and VGSLX slightly higher at -7.08%. Over the past 10 years, BIREX has outperformed VGSLX with an annualized return of 6.25%, while VGSLX has yielded a comparatively lower 5.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIREX vs. VGSLX - Expense Ratio Comparison
BIREX has a 0.75% expense ratio, which is higher than VGSLX's 0.12% expense ratio.
Risk-Adjusted Performance
BIREX vs. VGSLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Real Estate Securities Fund (BIREX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). 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.
Dividends
BIREX vs. VGSLX - Dividend Comparison
BIREX's dividend yield for the trailing twelve months is around 3.05%, less than VGSLX's 4.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIREX BlackRock Real Estate Securities Fund | 3.05% | 2.87% | 5.34% | 1.63% | 2.72% | 1.93% | 3.07% | 9.88% | 7.18% | 6.75% | 2.15% | 4.21% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 4.25% | 3.96% | 3.91% | 2.56% | 3.92% | 3.39% | 4.73% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
BIREX vs. VGSLX - Drawdown Comparison
The maximum BIREX drawdown since its inception was -41.92%, smaller than the maximum VGSLX drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for BIREX and VGSLX. For additional features, visit the drawdowns tool.
Volatility
BIREX vs. VGSLX - Volatility Comparison
BlackRock Real Estate Securities Fund (BIREX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX) have volatilities of 6.13% and 6.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.