CGIAX vs. PURZX

Last updated Aug 1, 2026

CGIAX (American Funds International Growth and Income Fund) and PURZX (PGIM Global Real Estate Fund) are both mutual funds - CGIAX is a Foreign Large Cap Equities fund managed by American Funds, while PURZX is a REIT fund managed by PGIM. Over the past 10 years, CGIAX returned 9.27%/yr vs 4.15%/yr for PURZX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.93% expense ratio.

Performance

CGIAX vs. PURZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds International Growth and Income Fund (CGIAX) and PGIM Global Real Estate Fund (PURZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGIAX achieves a 11.94% return, which is significantly lower than PURZX's 15.78% return. Over the past 10 years, CGIAX has outperformed PURZX with an annualized return of 9.27%, while PURZX has yielded a comparatively lower 4.15% annualized return.

CGIAX

• 1D: 2.61%
• 1M: 0.59%
• 6M: 5.04%
• YTD: 11.94%
• 1Y: 26.72%
• 3Y*: 16.66%
• 5Y*: 8.89%
• 10Y*: 9.27%
• ALL TIME*: 7.92%

PURZX

• 1D: -0.04%
• 1M: 2.42%
• 6M: 11.18%
• YTD: 15.78%
• 1Y: 21.39%
• 3Y*: 10.87%
• 5Y*: 2.60%
• 10Y*: 4.15%
• ALL TIME*: 7.52%

*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)
CGIAX American Funds International Growth and Income Fund	$0.00	$0.00	$0.00
PURZX PGIM Global Real Estate Fund	$0.00	$0.00	$0.00

CGIAX vs. PURZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CGIAX American Funds International Growth and Income Fund	11.94%	35.04%	3.26%	15.22%	-15.49%	9.79%	7.73%	27.06%	-14.45%	26.00%
PURZX PGIM Global Real Estate Fund	15.78%	9.22%	3.64%	11.24%	-26.73%	27.91%	-4.39%	20.60%	-5.32%	10.36%

Correlation

The correlation between CGIAX and PURZX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.63
Correlation (10Y) Provides a long-term view across more market conditions.	0.60
Correlation (All Time) Calculated using the full available price history since Oct 1, 2008	0.69

Over the past year, the correlation between CGIAX and PURZX has dropped to 0.48 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

Return for Risk

CGIAX vs. PURZX — Risk / Return Rank

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

CGIAX

CGIAX Risk / Return Rank: 71
CGIAX Sharpe Ratio Rank: 74
CGIAX Sortino Ratio Rank: 72
CGIAX Omega Ratio Rank: 73
CGIAX Calmar Ratio Rank: 70
CGIAX Martin Ratio Rank: 67

PURZX

PURZX Risk / Return Rank: 62
PURZX Sharpe Ratio Rank: 69
PURZX Sortino Ratio Rank: 65
PURZX Omega Ratio Rank: 65
PURZX Calmar Ratio Rank: 55
PURZX Martin Ratio Rank: 54

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.

CGIAX vs. PURZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds International Growth and Income Fund (CGIAX) and PGIM Global Real Estate Fund (PURZX). 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.

	CGIAX	PURZX	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.62	+0.11
Sortino ratio: Return per unit of downside risk	2.45	2.25	+0.20
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	2.29	1.96	+0.33
Martin ratio: Return relative to average drawdown	8.35	7.25	+1.10

CGIAX vs. PURZX - Sharpe Ratio Comparison

The current CGIAX Sharpe Ratio is 1.72, which is comparable to the PURZX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of CGIAX and PURZX, 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

CGIAX vs. PURZX - Drawdown Comparison

The maximum CGIAX drawdown since its inception was -35.78%, smaller than the maximum PURZX drawdown of -69.49%. Use the drawdown chart below to compare losses from any high point for CGIAX and PURZX.

Drawdown Indicators

	CGIAX	PURZX	Difference
Max Drawdown Largest peak-to-trough decline	-35.78%	-69.49%	+33.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.90%	-10.16%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-12.58%	-18.57%	+5.99%
Max Drawdown (5Y) Largest decline over 5 years	-29.93%	-34.80%	+4.87%
Max Drawdown (10Y) Largest decline over 10 years	-35.78%	-41.05%	+5.27%
Current Drawdown Current decline from peak	-1.51%	-0.51%	-1.00%
Average Drawdown Average peak-to-trough decline	-7.88%	-11.92%	+4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.74%	+0.25%

Volatility

CGIAX vs. PURZX - Volatility Comparison

American Funds International Growth and Income Fund (CGIAX) has a higher volatility of 4.58% compared to PGIM Global Real Estate Fund (PURZX) at 3.34%. This indicates that CGIAX's price experiences larger fluctuations and is considered to be riskier than PURZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIAX	PURZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	3.34%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	12.68%	10.01%	+2.67%
Volatility (1Y) Calculated over the trailing 1-year period	14.50%	12.40%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.81%	16.34%	-1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	17.27%	-1.51%

CGIAX vs. PURZX - Expense Ratio Comparison

Both CGIAX and PURZX have an expense ratio of 0.93%.

Dividends

CGIAX vs. PURZX - Dividend Comparison

CGIAX's dividend yield for the trailing twelve months is around 6.90%, more than PURZX's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGIAX American Funds International Growth and Income Fund	6.90%	8.13%	3.34%	2.27%	3.99%	6.90%	1.35%	2.36%	2.74%	1.80%	2.29%	3.17%
PURZX PGIM Global Real Estate Fund	2.59%	2.85%	2.68%	2.27%	2.22%	16.92%	1.71%	10.18%	4.22%	3.93%	4.67%	3.45%

Frequently Asked Questions

Can I hold both CGIAX and PURZX in my portfolio?

CGIAX and PURZX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIAX or PURZX?

CGIAX has higher volatility (4.58%) compared to PURZX (3.34%). In terms of maximum drawdown, CGIAX dropped -35.78% vs PURZX's -69.49%.

Which has better risk-adjusted returns?

CGIAX currently has the higher Sharpe Ratio (1.72 vs 1.62), 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.