CREEX vs. PRRSX

Last updated Aug 4, 2026

CREEX (Columbia Real Estate Equity Fund) and PRRSX (PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund) are both REIT funds. Over the past 10 years, CREEX returned 5.76%/yr vs 6.29%/yr for PRRSX. Their correlation of 0.94 means they have usually moved in the same direction. CREEX charges 1.01%/yr vs 0.79%/yr for PRRSX.

Performance

CREEX vs. PRRSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Real Estate Equity Fund (CREEX) and PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CREEX having a 20.10% return and PRRSX slightly lower at 19.10%. Over the past 10 years, CREEX has underperformed PRRSX with an annualized return of 5.76%, while PRRSX has yielded a comparatively higher 6.29% annualized return.

CREEX

• 1D: -0.55%
• 1M: 0.74%
• 6M: 18.19%
• YTD: 20.10%
• 1Y: 25.16%
• 3Y*: 11.19%
• 5Y*: 4.76%
• 10Y*: 5.76%
• ALL TIME*: 9.31%

PRRSX

• 1D: -0.69%
• 1M: 0.47%
• 6M: 16.64%
• YTD: 19.10%
• 1Y: 24.58%
• 3Y*: 11.75%
• 5Y*: 3.51%
• 10Y*: 6.29%
• ALL TIME*: 10.46%

*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)
CREEX Columbia Real Estate Equity Fund	$0.00	$0.00	$0.00
PRRSX PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund	$0.00	$0.00	$0.00

CREEX vs. PRRSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CREEX Columbia Real Estate Equity Fund	20.10%	0.19%	7.40%	16.20%	-25.10%	41.91%	-3.54%	28.40%	-7.21%	4.56%
PRRSX PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund	19.10%	5.21%	5.11%	12.30%	-29.37%	53.74%	-3.80%	29.61%	-6.42%	4.32%

Correlation

The correlation between CREEX and PRRSX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.97
Correlation (10Y) Provides a long-term view across more market conditions.	0.97
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.94

The correlation between CREEX and PRRSX has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.

Return for Risk

CREEX vs. PRRSX — Risk / Return Rank

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

CREEX

CREEX Risk / Return Rank: 74
CREEX Sharpe Ratio Rank: 71
CREEX Sortino Ratio Rank: 68
CREEX Omega Ratio Rank: 64
CREEX Calmar Ratio Rank: 85
CREEX Martin Ratio Rank: 80

PRRSX

PRRSX Risk / Return Rank: 69
PRRSX Sharpe Ratio Rank: 68
PRRSX Sortino Ratio Rank: 61
PRRSX Omega Ratio Rank: 61
PRRSX Calmar Ratio Rank: 80
PRRSX Martin Ratio Rank: 77

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.

CREEX vs. PRRSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Real Estate Equity Fund (CREEX) and PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX). 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.

	CREEX	PRRSX	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.68	+0.07
Sortino ratio: Return per unit of downside risk	2.43	2.29	+0.14
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	3.10	2.75	+0.35
Martin ratio: Return relative to average drawdown	10.26	9.78	+0.48

CREEX vs. PRRSX - Sharpe Ratio Comparison

The current CREEX Sharpe Ratio is 1.75, which is comparable to the PRRSX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of CREEX and PRRSX, 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

CREEX vs. PRRSX - Drawdown Comparison

The maximum CREEX drawdown since its inception was -70.78%, smaller than the maximum PRRSX drawdown of -77.82%. Use the drawdown chart below to compare losses from any high point for CREEX and PRRSX.

Drawdown Indicators

	CREEX	PRRSX	Difference
Max Drawdown Largest peak-to-trough decline	-70.78%	-77.82%	+7.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.94%	-9.05%	+1.11%
Max Drawdown (3Y) Largest decline over 3 years	-19.89%	-17.54%	-2.35%
Max Drawdown (5Y) Largest decline over 5 years	-31.25%	-37.14%	+5.89%
Max Drawdown (10Y) Largest decline over 10 years	-41.42%	-45.75%	+4.33%
Current Drawdown Current decline from peak	-3.01%	-2.69%	-0.32%
Average Drawdown Average peak-to-trough decline	-10.67%	-13.00%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	2.54%	-0.15%

Volatility

CREEX vs. PRRSX - Volatility Comparison

Columbia Real Estate Equity Fund (CREEX) and PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX) have volatilities of 4.86% and 4.78%, 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.

Volatility by Period

	CREEX	PRRSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	4.78%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.84%	11.53%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	14.17%	14.93%	-0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.10%	20.27%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.72%	21.92%	-1.20%

CREEX vs. PRRSX - Expense Ratio Comparison

CREEX has a 1.01% expense ratio, which is higher than PRRSX's 0.79% expense ratio.

Dividends

CREEX vs. PRRSX - Dividend Comparison

CREEX's dividend yield for the trailing twelve months is around 5.58%, more than PRRSX's 1.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CREEX Columbia Real Estate Equity Fund	5.58%	6.26%	10.13%	32.32%	5.92%	6.41%	7.50%	12.02%	8.22%	14.73%	4.23%	8.59%
PRRSX PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund	1.44%	2.19%	0.61%	0.00%	18.62%	34.01%	7.21%	7.99%	0.81%	1.67%	0.66%	8.38%

Frequently Asked Questions

Can I hold both CREEX and PRRSX in my portfolio?

With a correlation of 0.98, CREEX and PRRSX 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.

Which is riskier, CREEX or PRRSX?

CREEX has higher volatility (4.86%) compared to PRRSX (4.78%). In terms of maximum drawdown, CREEX dropped -70.78% vs PRRSX's -77.82%.

Which has better risk-adjusted returns?

CREEX currently has the higher Sharpe Ratio (1.75 vs 1.68), 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.