BREIX vs. BIGFX
BREIX (Baron Real Estate Fund) and BIGFX (Baron International Growth Fund) are both mutual funds - BREIX is a REIT fund managed by Baron Capital Group, Inc., while BIGFX is a Foreign Large Cap Equities fund managed by Baron Capital Group, Inc.. Over the past 10 years, BREIX returned 11.13%/yr vs 8.51%/yr for BIGFX. A 0.72 correlation means they provide meaningful diversification when combined. BREIX charges 1.05%/yr vs 1.20%/yr for BIGFX.
Performance
BREIX vs. BIGFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BREIX achieves a 0.84% return, which is significantly lower than BIGFX's 12.38% return. Over the past 10 years, BREIX has outperformed BIGFX with an annualized return of 11.13%, while BIGFX has yielded a comparatively lower 8.51% annualized return.
BREIX
- 1D
- 0.07%
- 1M
- 1.04%
- YTD
- 0.84%
- 6M
- -0.48%
- 1Y
- 13.24%
- 3Y*
- 11.02%
- 5Y*
- 2.55%
- 10Y*
- 11.13%
BIGFX
- 1D
- 0.28%
- 1M
- 5.08%
- YTD
- 12.38%
- 6M
- 13.06%
- 1Y
- 20.14%
- 3Y*
- 13.29%
- 5Y*
- 1.99%
- 10Y*
- 8.51%
BREIX vs. BIGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BREIX Baron Real Estate Fund | 0.84% | 5.18% | 12.46% | 25.04% | -28.45% | 24.41% | 44.35% | 44.60% | -22.05% | 31.44% |
BIGFX Baron International Growth Fund | 12.38% | 20.80% | 4.11% | 7.33% | -27.47% | 9.63% | 30.52% | 29.06% | -17.88% | 36.95% |
Correlation
The correlation between BREIX and BIGFX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.72 |
The correlation between BREIX and BIGFX has been stable across timeframes, ranging from 0.64 to 0.74 - 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
BREIX vs. BIGFX — Risk / Return Rank
BREIX
BIGFX
BREIX vs. BIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Real Estate Fund (BREIX) and Baron International Growth Fund (BIGFX). 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.
| BREIX | BIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.22 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.53 | -0.40 |
| Martin ratioReturn relative to average drawdown | 3.25 | 5.04 | -1.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BREIX | BIGFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.20 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.12 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.50 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.56 | +0.08 |
Drawdowns
BREIX vs. BIGFX - Drawdown Comparison
The maximum BREIX drawdown since its inception was -38.47%, smaller than the maximum BIGFX drawdown of -41.12%. Use the drawdown chart below to compare losses from any high point for BREIX and BIGFX.
Loading charts...
Drawdown Indicators
| BREIX | BIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.47% | -41.12% | +2.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -12.71% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | -16.71% | -7.20% |
Max Drawdown (5Y)Largest decline over 5 years | -33.93% | -41.12% | +7.19% |
Max Drawdown (10Y)Largest decline over 10 years | -38.47% | -41.12% | +2.65% |
Current DrawdownCurrent decline from peak | -4.37% | 0.00% | -4.37% |
Average DrawdownAverage peak-to-trough decline | -7.56% | -10.04% | +2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 3.86% | +0.51% |
Volatility
BREIX vs. BIGFX - Volatility Comparison
The current volatility for Baron Real Estate Fund (BREIX) is 4.32%, while Baron International Growth Fund (BIGFX) has a volatility of 5.52%. This indicates that BREIX experiences smaller price fluctuations and is considered to be less risky than BIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BREIX | BIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 5.52% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 11.85% | 13.41% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 16.34% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.71% | 17.07% | +3.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.21% | 17.23% | +3.98% |
BREIX vs. BIGFX - Expense Ratio Comparison
BREIX has a 1.05% expense ratio, which is lower than BIGFX's 1.20% expense ratio.
Dividends
BREIX vs. BIGFX - Dividend Comparison
BREIX's dividend yield for the trailing twelve months is around 3.76%, more than BIGFX's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIGFX Baron International Growth Fund | 0.75% | 0.85% | 0.80% | 0.35% | 1.25% | 5.24% | 0.02% | 0.08% | 3.56% | 3.54% | 0.93% | 0.62% |
BREIX Baron Real Estate Fund | 3.76% | 3.79% | 0.40% | 0.43% | 2.85% | 7.95% | 6.18% | 13.78% | 12.19% | 4.71% | 1.17% | 1.96% |
Frequently Asked Questions
BREIX and BIGFX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIGFX has higher volatility (5.52%) compared to BREIX (4.32%). In terms of maximum drawdown, BREIX dropped -38.47% vs BIGFX's -41.12%.
BIGFX currently has the higher Sharpe Ratio (1.20 vs 0.86), 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 BREIX and BIGFX
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