CSDIX vs. CPXIX

Last updated Jun 4, 2026

CSDIX (Cohen & Steers Real Estate Securities Fund CLASS I) and CPXIX (Cohen & Steers Preferred Securities and Income Fund, Inc.) are both mutual funds - CSDIX is a REIT fund actively managed by Cohen & Steers, while CPXIX is a Preferred Stock/Convertible Bonds fund managed by Cohen & Steers. Over the past 10 years, CSDIX returned 7.17%/yr vs 4.63%/yr for CPXIX. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.84% expense ratio.

Performance

CSDIX vs. CPXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX) and Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSDIX achieves a 10.78% return, which is significantly higher than CPXIX's 1.66% return. Over the past 10 years, CSDIX has outperformed CPXIX with an annualized return of 7.17%, while CPXIX has yielded a comparatively lower 4.63% annualized return.

CSDIX

• 1D: 0.32%
• 1M: -1.29%
• YTD: 10.78%
• 6M: 10.03%
• 1Y: 11.79%
• 3Y*: 10.91%
• 5Y*: 3.80%
• 10Y*: 7.17%

CPXIX

• 1D: 0.00%
• 1M: 0.34%
• YTD: 1.66%
• 6M: 2.30%
• 1Y: 8.18%
• 3Y*: 9.62%
• 5Y*: 2.73%
• 10Y*: 4.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSDIX vs. CPXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSDIX Cohen & Steers Real Estate Securities Fund CLASS I	10.78%	4.32%	6.73%	13.18%	-26.33%	41.70%	-1.74%	31.84%	-4.25%	8.09%
CPXIX Cohen & Steers Preferred Securities and Income Fund, Inc.	1.66%	8.44%	10.39%	6.38%	-12.37%	2.75%	6.47%	18.11%	-4.65%	10.88%

Correlation

The correlation between CSDIX and CPXIX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 6, 2010	0.33

The correlation between CSDIX and CPXIX shifts across timeframes, from 0.25 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CSDIX vs. CPXIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSDIX

CSDIX Risk / Return Rank: 13
CSDIX Sharpe Ratio Rank: 11
CSDIX Sortino Ratio Rank: 10
CSDIX Omega Ratio Rank: 11
CSDIX Calmar Ratio Rank: 17
CSDIX Martin Ratio Rank: 16

CPXIX

CPXIX Risk / Return Rank: 82
CPXIX Sharpe Ratio Rank: 96
CPXIX Sortino Ratio Rank: 96
CPXIX Omega Ratio Rank: 96
CPXIX Calmar Ratio Rank: 55
CPXIX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSDIX vs. CPXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX) and Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX). 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.

	CSDIX	CPXIX	Difference
Sharpe ratio: Return per unit of total volatility	0.88	3.44	-2.56
Sortino ratio: Return per unit of downside risk	1.24	5.29	-4.05
Omega ratio: Gain probability vs. loss probability	1.16	1.85	-0.69
Calmar ratio: Return relative to maximum drawdown	1.46	2.81	-1.35
Martin ratio: Return relative to average drawdown	4.38	12.82	-8.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSDIX vs. CPXIX - Sharpe Ratio Comparison

The current CSDIX Sharpe Ratio is 0.88, which is lower than the CPXIX Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of CSDIX and CPXIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CSDIX	CPXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	3.44	-2.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.58	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.76	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	1.17	-0.81

Drawdowns

CSDIX vs. CPXIX - Drawdown Comparison

The maximum CSDIX drawdown since its inception was -72.37%, which is greater than CPXIX's maximum drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for CSDIX and CPXIX.

Drawdown Indicators

	CSDIX	CPXIX	Difference
Max Drawdown Largest peak-to-trough decline	-72.37%	-25.56%	-46.81%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-3.00%	-4.91%
Max Drawdown (3Y) Largest decline over 3 years	-17.23%	-3.91%	-13.32%
Max Drawdown (5Y) Largest decline over 5 years	-33.09%	-20.00%	-13.09%
Max Drawdown (10Y) Largest decline over 10 years	-42.68%	-25.56%	-17.12%
Current Drawdown Current decline from peak	-3.09%	-0.01%	-3.08%
Average Drawdown Average peak-to-trough decline	-10.94%	-2.69%	-8.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	0.65%	+1.98%

Volatility

CSDIX vs. CPXIX - Volatility Comparison

Cohen & Steers Real Estate Securities Fund CLASS I (CSDIX) has a higher volatility of 3.79% compared to Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX) at 0.80%. This indicates that CSDIX's price experiences larger fluctuations and is considered to be riskier than CPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSDIX	CPXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	0.80%	+2.99%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	2.09%	+7.80%
Volatility (1Y) Calculated over the trailing 1-year period	13.20%	2.45%	+10.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	4.70%	+13.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.86%	6.16%	+14.70%

CSDIX vs. CPXIX - Expense Ratio Comparison

Both CSDIX and CPXIX have an expense ratio of 0.84%.

Dividends

CSDIX vs. CPXIX - Dividend Comparison

CSDIX's dividend yield for the trailing twelve months is around 3.42%, less than CPXIX's 5.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPXIX Cohen & Steers Preferred Securities and Income Fund, Inc.	5.78%	5.54%	5.52%	5.76%	5.40%	4.89%	5.17%	5.30%	5.88%	5.01%	5.75%	5.91%
CSDIX Cohen & Steers Real Estate Securities Fund CLASS I	3.42%	3.72%	2.78%	2.93%	7.67%	4.30%	5.39%	7.62%	3.60%	2.52%	5.84%	19.24%

Frequently Asked Questions

Can I hold both CSDIX and CPXIX in my portfolio?

CSDIX and CPXIX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSDIX or CPXIX?

CSDIX has higher volatility (3.79%) compared to CPXIX (0.80%). In terms of maximum drawdown, CSDIX dropped -72.37% vs CPXIX's -25.56%.

Which has better risk-adjusted returns?

CPXIX currently has the higher Sharpe Ratio (3.44 vs 0.88), 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.